Dubai plans to increase its data centre capacities to host the cloud computing needed for AI and wants to foster AI “clusters” of companies around established industries such as finance. “There is a …
UAE’s enhanced ratings in Global Anti-Money Laundering Risk Index raise confidence in economic, financial sectors
Results are a global recognition of the UAE’s record efforts combating money laundering and the financing of terrorism …
UAE’s enhanced ratings in Global Anti-Money Laundering Risk Index enhance confidence in economic, financial sectors
The United Arab Emirates’s improved rating in a global risk index has given the financial services sector a boost, reflecting the country’s advancements in combating money laundering and the financing …
Etihad CEO Says Plans Progressing for Possible Stock Listing
Etihad Airways is moving along with a possible initial public offering, the first for a major airline in the Middle East, in a listing that would help the Abu Dhabi flag carrier raise additional funds …
How to get 10% interest rates with UAE digital bank Liv
UAE digital bank Liv announces gamified fixed deposit interest rates of up to 10 per cent for correctly predicting football scores …
Real Housewives Of Dubai: Chanel Ayan lashes out at Sara Al Madani for accusing her of playing victim after sharing female genital mutilation story
Sergio is dying.’ ‘Building a house in Dubai is very, very stressful,’ Caroline said a confessional. ‘Getting a mortgage is like winning the lottery here. Because I’m 46, I had to do a full body …
UN calls for ‘serious progress’ in finance at first climate change talks since Cop28
Simon Stiell warns the world is heading for increase in global temperatures of 2.7°C above pre-industrial levels …
Etihad Airways getting ready for a possible IPO: CEO Neves
No timeline has been set, but Antonoaldo Neves, Chief Executive Officer of Etihad, told Bloomberg TV on the sidelines of the IATA annual general meeting in Dubai: “We are working very hard to make it …
Dubai financial regulator updates crypto token rules for funds
The Dubai Financial Services Authority (DFSA) has announced amendments to its cryptocurrency token regime to enhance and advance the regulatory framework for tokens within its special economic zone.
Emirates Development Bank is the highest rated bank in the UAE and MENA region
Upgraded rating marks a historic moment for the UAE’s banking industry and is a testament to the rapid strides the UAE has made in strengthening its global competitiveness Abu Dhabi, United Arab …
Ex-Millennium Trader Megia Debuts Own Hedge Fund With $5 Billion
Millennium Management’s former senior trader Diego Megia kicked off his new hedge fund with $5 billion and closed it to new money on the very first day, becoming one of the largest startups in recent …
Chinese Firms Jostle With US Peers for Sliver of Gulf Oil Riches
A wave of Chinese banks, asset managers and hedge funds are ramping up in the Middle East, jostling with Wall Street firms who are making their own expansion push in a region flush with oil wealth.
UK real estate: London top choice for UAE investors with Manchester, Birmingham interest increasing
Image: Shutterstock The London property market has emerged as an attractive investment sector for GCC investors, especially from Saudi Arabia and UAE, said Adam Price, CEO of Select Property.
MoIAT, du and Emirates Development Bank to empower 100 industrial companies to become Industry 4.0 adopters
Agreement to establish Transform 4.0 will provide an integrated system of consulting, financing, and comprehensive management for manufacturers …
Gulf IPO boom: Who’s next to go public in Saudi Arabia and UAE?
The Gulf region’s IPO frenzy shows no signs of slowing, with Saudi and UAE firms lining up stock market listings across sectors, expected to attract more global capital as the markets deepen, analysts …
Gulf International Bank participates as Gold sponsor at Bonds, Loans & Sukuk Middle East 2024
The Middle East’s largest corporate and investment banking conference is scheduled to take place on 4th and 5th June 2024 at Madinat Jumeirah Conference Centre, Dubai. With more than 1,400 delegates …
Set Up a Company in UAE with Al Riyady: A Comprehensive Guide
The United Arab Emirates (UAE) is renowned for its pro-business environment, strategic location, and modern infrastructu …