Tag: Dubai

CBUAE enhances SupTech initiative as part of its Financial Infrastructure Transformation Programme

The Central Bank of the UAE (CBUAE) has partnered with Accenture to implement a range of transformative services for the CBUAE's Supervisory Technology (SupTech)...

UAE aims to roll out 6G before 2030, allowing people to transmit human senses

The UAE aims to transition to 6G before 2030 which will allow people to digitally transmit human senses sight as well as further role...

Dubai Islamic Bank Q1 2024 pre-tax net profit hits Dh1.85 billion, a robust growth of 22% YoY

Dubai Islamic Bank announced on Monday that its first quarter profit rose 22 per cent year-on-year (YoY) to reach Dh1.85 billion. Total income reached to...

Dubai Chamber of Digital Economy attracted 9 MNCs with Dh304 billion combined value in 2023

Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that the combined market value...

Spinneys announces offer price range between AED1.42 and 1.53 per share

Spinneys today announced the price range for the sale of its shares and the start of the subscription period for its Initial Public Offering...

UAE’s AML/CTF Executive Office hosts FATF training workshop in Abu Dhabi

The UAE's Executive Office of Anti-Money Laundering and Counter Terrorism Financing (EO AML/CTF) hosted a joint Financial Action Task Force (FATF) and MENAFATF workshop...

Significant fluctuations in online payment transactions across various sectors following recent severe weather conditions in the UAE

Checkout.com data tracks notable changes in consumer payment transactions during the week 47% increase in airline online payment transactions, and 11% increase in hotel and...

Emirates Islamic concludes debut US$500 million financing facility

Emirates Islamic has announced the successful conclusion of its debut US$500 million syndicated Financing Facility. The landmark three-year term financing facility is the first of...

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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...