Millennium Management is a globally recognized investment firm specializing in multi-strategy hedge fund offerings. Founded in 1989 by Israel A.
UAE to launch Dirham-backed stablecoin
IHC, ADQ, and First Abu Dhabi Bank (FAB) have announced plans to launch a new stablecoin backed by Dirhams, which will be fully regulated by the Central Bank of the United Arab Emirates (CBUAE) and …
UAE FAB Bank and sovereign wealth fund ADQ to launch AED stablecoin
As stablecoins take center stage, banks globally and in the UAE are embracing the digital assets era. UAE First Abu Dhabi Bank (FAB), IHC, and ADQ sovereign investor will be launching a new AED-backed …
IHC, ADQ, FAB pioneer UAE Dirham-backed stablecoin for digital economy
IHC, ADQ, and First Abu Dhabi Bank (FAB) have announced plans to launch a new stablecoin backed by Dirhams, which will be fully regulated by the Central Bank of the United Arab Emirates (CBUAE) and …
Ministry of Finance organises 2nd edition of Financial Media Forum on 1 May
Dubai, UAE, The Ministry of Finance is all set to host the second edition of the “Financial Media Forum” on 1 May under the theme “Shaping the Future of Financial sector: The Balance Between Influence …
Etihad Airways ready for IPO but decision is a shareholder matter, CEO says
Etihad Airways is ready for an initial public offering, but a decision on a listing is a shareholder matter, the airline CEO Antonoaldo Neves told Reuters on Monday.
DIFC announces 35% leap in insurance business during largest ever Dubai World Insurance Congress
Reflecting the magnitude of insurance and (re)insurance business being undertaken in DIFC, during the opening session of the Dubai World Insurance Congress Alya AlZarouni, Chief Operating Officer at …
Dubai ad portals exploring IPOs as real estate rises
Dubai-based classified ad portals Dubizzle and Property Finder are both said to be exploring the idea of selling shares to the public in an initial public offering, Bloomberg reported, citing people …
UAE-Based Metric Raises Seven-Figure Seed Round
UAE-based artificial intelligence (AI) fintech startup Metric has secured a seven-figure seed funding round to accelerate its growth across the Gulf, broader Asia, and other emerging markets.The round …
Why the perception of Islamic finance as a conservative sector is outdated
The UAE has built a reputation as a global financial hub, balancing conventional and Islamic finance with remarkable ease. But while Sharia-compliant investing has been around for decades, it is now …
Mawarid Finance and its partners showcase innovative digital transformation and banking solutions
At the conclusion of the summit, His Excellency honored the organization’s success partners and event sponsors, whose contributions have been instrumental in Mawarid Finance’s notable achievements.
UAE concludes participation in 2025 Spring Meetings of the World Bank Group and the IMF
Addressing key global challenges related to growth, financial sustainability, digital transformation, and climate action …
AI Becomes New Cash Cow for Dubai
From Dubai to DubAI? At least the DIFC (Dubai International Financial Centre) is attempting the balancing act. According to DIFC Governor, «Arabia’s Wall Street» is increasingly relying on artificial …
UAE’s IPO pipeline set for growth with potential Cafu stake sale
The UAE’s initial public offering pipeline is set to become more diverse as Dubai-based fuel delivery start-up Cafu told Bloomberg that a stake stale is on the cards amid strong investor appetite for …
Dubai announces new AI@70 summit
The global event, AI@70: Towards a Global Humanity will take place during Dubai AI Week 2026, marking the 70 th anniversary of the Dartmouth Workshop that established AI as a field of study.
Dubai reports rise in multi-year tenancy contracts as rents increase
Dubai is recording an increase in multi-year rental contracts as more tenants are planning to stay in the city for longer and seek to secure favourable lease terms, a new report has found. “These …
Dubai Overhauls Financial Regulations To Attract Global Hedge Funds
Dubai is implementing significant regulatory reforms to enhance its status as a burgeoning hub for hedge funds. The Dubai Financial Services Authority is conducting a comprehensive review of …