Tag: UAE

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Abu Dhabi’s AI sector booms with 41.3% annual surge in new companies

the financial -
The Abu Dhabi Chamber of Commerce and Industry registered over 400 AI companies in Abu Dhabi by the end of the second quarter of...
Economy

DMDF 2024 Concludes with Key Outcomes for Financial Market Growth and Foreign Investment

the financial -
The Debt Markets and Financial Derivatives (DMDF 2024) Forum concluded today in Riyadh, resulting in several key outcomes aimed at enhancing Saudi financial markets...
Economy

India-UAE business forum in Mumbai to leverage opportunities in key sectors

the financial -
The India-UAE Business Forum is set to explore mutually beneficial trade, investment and partnership opportunities when it takes place in Mumbai on September 10. Organized...
Economy

UAE’s 3.4% Q1 GDP surge reflects economic resilience

the financial -
The real gross domestic product of the UAE recorded 3.4 per cent growth year-on-year to Dh430 billion in the first quarter 2024, underlining “the...
Economy

Gulf decision makers expect continued economic growth

the financial -
Gulf decision makers are mostly upbeat about the prospects for economic growth through the end of this year and are largely undeterred by looming...
Crypto

Spot Bitcoin ETFs See Largest Outflows Since May 1, Totaling $287M

the financial -
U.S. spot Bitcoin exchange-traded funds (ETFs) experienced their largest outflows since May 1, with net outflows reaching $287.78 million on Tuesday According to data from SosoValue,...
Business

UAE, 7 OPEC+ countries extend additional voluntary production cuts

the financial -
OPEC+ countries, which previously announced additional voluntary cuts in April and November 2023, including the UAE, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and...
Uncategorized

Private sector AI investment poised to boost UAE GDP by Dh335b

the financial -
Private sector investment in Artificial Intelligence (AI) is expected to boost the UAE’s economy, adding an extra Dh335 billion by 2031, according to industry...
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