Tag: Abu Dhabi

First digital assets market maker, broker-dealer from Singapore to achieve an In-Principle Approval from the FSRA of ADGM

QCP, a global institutional digital assets company, today announced that they have received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of...

e& reports consolidated revenues of AED14.2 billion in Q1 2024, up 9 percent

e& today disclosed its consolidated financial results for Q1 2024, reporting consolidated revenue of AED14.2 billion, growing 9% year-over-year, while consolidated net profit increased...

UAE: Soon, travel from Abu Dhabi to Dubai in just 30 minutes by flying taxis

Flying taxis will cut travel time between Abu Dhabi and Dubai to just 30 minutes, industry experts said, while highlighting the UAE being at...

ADCB’s brand value surges over 8% in 2023, reaching AED 10.5 billion

Abu Dhabi Commercial Bank (ADCB) has seen the value of its brand increase 8.7 percent over the last year to reach AED 10.5 billion,...

Abu Dhabi to host AIM 2024 on 7th May

The AIM (Annual Investment Meeting) Congress 2024, the premier global investment platform, is set to convene in Abu Dhabi from 7th to 9th May...

Microsoft invests $1.5 billion in Abu Dhabi’s G42 to accelerate AI development, global expansion

G42, the leading UAE-based artificial intelligence (AI) technology holding company, and Microsoft on Tuesday announced a $1.5 billion strategic investment by Microsoft in G42. The...

35% growth of Abu Dhabi private sector in 8 years to AED 338.9 billion in 2023

ABU DHABI, 4th April 2024 (WAM) – Building on its efforts to deepen partnership with private sector and family offices, the Abu Dhabi Department...

Abu Dhabi’s non-oil economy grows 9.1% in 2023

Abu Dhabi’s non-oil gross domestic product (GDP) recorded a growth of 9.1 per cent last year, showcasing the positive results of its economic diversification...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...