Tag: Dubai

Dubai Investments shareholders approve 12.5% dividend

Dubai Investments has announced the distribution of 12.5 per cent cash dividend to the shareholders for the financial year ending December 31, 2023. The group...

UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory Flexibility

The United Arab Emirates (UAE) recorded $25b in crypto transactions in 2022. Now, it is adopting accommodative regulatory policies to pursue further investment, according...

Ducab Group amplifies international standing by operating in 75 countries

Ducab Group has revealed its strategic expansion into 20 new markets, bringing its geographic footprint to 75 countries. Leveraging 44 years of pioneering achievements, Ducab...

Dubai Chamber of Digital Economy explores private sector empowerment, impact of advanced technology on economic growth

DUBAI, 4th April, 2024 (WAM) -- Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, recently organised a networking...

Dubai: Empower approves Dh425 million dividends to shareholders

The annual general meeting (AGM) of the Emirates Central Cooling Systems Corporation PJSC (Empower) has approved its board of directors’ proposal to distribute cash...

UAE banks lead in revenue, digitalisation cuts branch costs across Gulf: Roland Berger

Saumitra Sehgal, Head of Financial Services in the Middle East at Roland Berger, a global strategy consultancy, said that the revenue of the UAE...

Alibaba Cloud opens training centre in Dubai Internet City to boost digital skills

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, unveiled the MEA region’s Alibaba Cloud Academy Training Centre today, which will serve...

Australian, Asian businesses accounted for 50% of MNCs attracted by Dubai International Chamber in 2023

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that 50 percent of the Multinational Corporations...

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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...