Cryptocurrency and blockchain solutions company Ripple aims to serve major companies in the UAE after Dubai granted it the first licence to provide regulated crypto payments and services in the …
UAE company invests $2B in Binance in the largest investment into a crypto venture ever
An Abu Dhabi-based investment company has invested $2 billion in the Binance crypto exchange. It is the single-largest investment into a crypto venture ever.
UAE banks, realty resilient as Russia-Ukraine ceasefire looms
The UAE banking sector will remain resilient amid potential Russia-Ukraine ceasefire and a subsequent likely softening of the country’s residential real estate market, say analysts at S&P Global …
UAE: Jaywan expands reach with new co-badge cards after Mastercard, UnionPay deals
Residents in the UAE will have more co-badged Jaywan cards for making payments within the country and outside as Al Etihad Payments (AEP) signs deals with Mastercard and UnionPay. A subsidiary of the …
Dubai 2-year work visa: Indians to benefit from faster, simpler process
Dubai recently introduced updates to its two-year employment visa system, making the process faster and more efficient through AI-driven automation and digital streamlining. With the changes, UAE’s …
Dubai’s robotics firm Micropolis raises $15.5mln in New York IPO
Dubai-based robotics manufacturer Micropolis Holding has raised $15.5 million in proceeds from its initial public offering (IPO) on the New York Stock Exchange (NYSE) American. The company, which …
BlackRock-backed Positive Zero is considering an IPO, says chief
Positive Zero, a Dubai-based decarbonisation company backed by US private equity firm BlackRock, is building the scale of its business as it considers an initial public offering (IPO) and plans to …
UAE Foreign Minister Abdullah bin Zayed, French Minister of Economy, Finance and Industry explore joint cooperation
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, met in Paris with Eric Lombard, Minister of the Economy, Finance and Industry of France. The meeting …
Dubai retains top ranking for greenfield FDI projects, attracts $14.24bn in 2024
In 2024, Dubai attracted AED52.3 billion ($14.24 billion) in estimated FDI capital, a 33.2 percent increase from AED39.26 billion ($10.69 billion) in 2023, marking the highest FDI value ever recorded …
UAE: Fathers’ Endowment raises Dh3.3 billion with support from over 160,000 contributors
The initiative also seeks to establish a sustainable endowment fund dedicated to providing healthcare and treatment for those in need. Stay up to date with the latest news …
EFG Hermes completes advisory on $163 Million IPO of Alpha Data
Alpha Data offered a total of 40 per cent of its total issued share capital through the sale of 400 million existing ordinary shares at Dh1.5 per share, implying a market cap of Dh1.5 billion …
Alpha Data listing brightens up gloomy ADX
Shares in Abu Dhabi’s Alpha Data surged on the company’s bourse debut, outperforming a subdued main market index. The first-day performance of the IT services provider contrasts with the struggles of …
Seven Things For Entrepreneurs To Explore When Moving To Dubai
I’ve experienced firsthand Dubai’s tax-friendly policies, which I credit with helping my company scale operations and retain more earnings.
FinTech LIVE Dubai 2025 – The FinTech Strategies Panel
A must-attend event for fintech pioneers, financial innovators and global industry leaders, FinTech LIVE Dubai will take place on 6 May 2025. Held virtually, the event will showcase emerging trends …
Access to funding remains a challenge for UAE businesswomen
Access to funding remains a critical challenge for UAE women entrepreneurs as they navigate financial constraints and investment priorities, data showed on Tuesday. According to Visa’s Women SMB …
UAE issues limited edition silver coin to mark centenary of Emirati poet Sultan Bin Ali Al Owais
The coins will only be available for purchase at the Sultan Bin Ali Al Owais Cultural Foundation headquarters Stay up to date with the latest news. Follow KT on WhatsApp Channels.
Deutsche Bank boosts Middle East, Africa employee benefits
Deutsche Bank has raised the parental leave entitlement in its Middle East and Africa regional offices in a bid to offer attractive benefits to employees in an increasingly competitive environment.