Tag: Dubai

DIFC consolidates position as UAE’s top destination for Chinese financial institutions and multinational companies

Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, has strengthened its position...

Air taxis: Abu Dhabi stakeholders, Archer enter deal

Archer Aviation has entered into a multi-party collaboration agreement with key UAE and Abu Dhabi entities to advance the establishment of electric air taxi...

Dubai equity benchmark set to rise 20% this year

This year is turning out to be yet another magnificent one for Dubai stocks. The DFM index, which rallied by 22 per cent in...

Dubai: Abu Dhabi-based Aldar acquires flagship tower in DIFC for Dh2.3 billion

Abu Dhabi-based developer Aldar on Wednesday said it it has acquired Dh2.3 billion flagship tower from H&H Development, making it one of the largest...

Dubai real estate sector recorded $3.7bn of transactions last week, including Palm Jumeirah apartment sold for $21.4m

The Dubai real estate sector saw $3.7bn of transactions last week The Dubai real estate sector recorded AED13.55bn ($3.7bn) of transactions last week, according to data from...

Dubai: Gold prices drop in early trade

Gold prices fell in Dubai at the opening of the markets on Tuesday after yesterday’s roller-coaster ride. The Dubai Jewellery Group data showed a 24K...

Salik collaborates with Parkonic, the largest private parking operator in the UAE, and expands geographically for the first time beyond the Emirate of Dubai

Salik Company PJSC (“Salik” or the “Company”), Dubai’s exclusive toll gate operator, announces it has partnered with Parkonic, the UAE’s largest private sector parking...

Dubai regulator imposes $2.5mn in fines in financial services crackdown

The DFSA finalised eight enforcement actions and issued 24 alerts in 2024 Dubai’s financial regulator has imposed fines totalling more than $2.5 million this year...

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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...