Tag: UAE

UAE, Saudi eye big investments in AI, semiconductor sectors

The UAE and Saudi Arabia have big ambitions to expand their technology sectors via investments in semiconductor and AI capabilities, according to technology experts. The...

Dubai’s Vara strengthens marketing regulations

The Virtual Assets Regulatory Authority (Vara) on Thursday announced an update to its marketing regulations, aimed at strengthening the regulatory framework for virtual asset...

UAE Central Bank raises economic growth forecast

The Central Bank of the UAE (CBUAE) raised its forecast for 2024 GDP growth to 4.0 per cent from a previous forecast of 3.9...

Global digital creative economy to reach Dh27 trillion by 2030, study finds

The global digital creative economy represents an Dh27 trillion opportunity to achieve diversified growth led by young and emerging talent amid the steady proliferation...

Anthony Pompliano: Bitcoin Ready for Gains as Interest Rates Fall and Liquidity Grows

Anthony Pompliano believes Bitcoin could benefit greatly as interest rates decline and global liquidity increases. In a recent TV interview with CNBC, Professional Capital Management founder...

Abu Dhabi sees highest rent increase in more than 10 years: Report

Rents rose faster than property prices in Abu Dhabi as demand outpaces supply, industry executives said. City-wide residential rents in Abu Dhabi witnessed the sharpest...

Indian rupee drops against UAE dirham as dollar demand increases

The Indian rupee dropped on Thursday due to increased dollar demand from importers related to month-end payments and likely unwinding of long positions after...

UAE seizes Dh2.35b assets in AML crackdown

The UAE has seized assets valued at more than Dh2.348 billion and imposed fines exceeding Dh254 million as it stepped up efforts to curb...

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Global Markets: Stocks set for tough week, oil eyes strong gains as Middle East war rages

Oil prices set for largest weekly rise since Russia’s...

Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA

RIYADH: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion)...

When AI Speaks for Your Brand, Who Owns the Trust

Trust Has Become a Strategic Asset In 2026, the question...

Billionaire Deepinder Goyal raises $54 million for his new wearable startup Temple

Weeks after stepping down as Group CEO of Zomato...

Saudi stocks plunge, other GCC markets set to open in negative territory

Analysts believe that investors will be gravitated towards defensive...