The ‘Dubai AI and Web3 Campus’ today announced the inaugural ‘Dubai AI & Web3 Festival’ organised by Dubai International Financial Centre (DIFC), …
Dubai Financial Market posts 109% rise in net profit for the first nine months of 2023
Image Credit: Shutterstock Dubai Financial Market (DFM) posted a 109 per cent jump in net profit to Dh186.2 million during the first nine months of 2023, driven by an evident increase in the number of …
COP28 in UAE: Map to fast-tracking energy transition unveiled to keep 1.5°C within reach
The COP28 Presidency, the International Renewable Energy Agency (IRENA), and the Global Renewables Alliance (GRA) have launched a joint report on fast-trac..
Dubai Taxi plans to raise $300mln from IPO next month – Report
Dubai Taxi Corporation, a unit of Dubai’s transport regulator, plans to raise nearly $300 million from a listing on the local bourse next month, Bloomberg reported, citing informed sources.
XRP Community Expects Ripple Labs To Announce IPO At Dubai Event
Ripple Swell is the flagship two-day event of the blockchain firm that centers on “discussions on topics that are most important to the finance industry today.” …
To triple renewable energy, the Global South needs finance
A renewable energy target will be debated at Cop28 but more finance is needed for the Global South outside China to meet that target …
UnaFinancial seeks $15m for its digital finance app in UAE
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Wintershall Dea Q3 net profit plunges 86%, UAE project weighs
Most of the impairments came from higher costs at the UAE Ghasha, in which the company has a 10% stake, Chief Financial Officer Paul Smith told reporters. “Capital costs have gone up and that’s now …
4 Digital Banking apps for tech-savvy Gen Z in the UAE
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
National Bank of Fujairah participates in new Aani payments platform
Dubai – The National Bank of Fujairah (NBF) has confirmed its participation in Aani, a cutting-edge instant payments platform launched this week by Al Etihad Payments, a subsidiary of the Central Bank …
Economic, Financial and Political Tensions on Agenda for AM Best’s Annual MENA (Re)Insurance Market Briefing
AM Best will host its annual MENA Insurance Market Briefing on 17 November 2023, at 9:00 a.m. (GST), at the Fairmont Dubai to discuss the potential im …
UAE economy expands by 3.7% in first half on ‘staggering’ non-oil growth
The UAE economy expanded by 3.7 per cent annually in the first half of the year, driven by strong non-oil sector growth as the country continues to pursue its diversification goals, Minister of …
UAE and Türkiye embark on a new strategy to bolster trade and investment
In the next 50 years, the two countries will work towards fostering bilateral and constructive cooperation in diverse fields …
UAE and Türkiye elevating relations to the level of a strategic partnership
Tugay Tuncer, Ambassador of the Republic of Türkiye to the UAE, says people-to-people ties will continue to guide our future relationship …
UAE and Türkiye set to boost comprehensive bilateral ties
Saeed Thani Hareb Al Dhaheri, UAE Ambassador to the Republic of Türkiye, says the economy stands as a cornerstone of expanding collaboration between the two …
COP28 President says world must unite on climate action and deliver in Dubai
The COP process must succeed and deliver, COP28 President Dr. Sultan Al Jaber stressed. “We have to come through. We must unite. We must act. And we must deliver in Dubai,” he told delegates at Pre-CO …
Bank of Sharjah hosts Columbia Business School’s 2nd-year MBA students
Bank of Sharjah recently hosted a group of second-year MBA students from Columbia Business School in New York city, providing them with valuable insights into the regional banking industry and the …