Tag: UAE

Regional security spending set to increase 14% in 2025

End-user spending on information security in the Middle East and North Africa (Mena) region is forecast to total $3.2 billion in 2025, an increase...

UAE and Brics: Partnership seeking to enhance global development, prosperity

The UAE’s accession to the Brics group has embodied its commitment to multilateralism and constructive dialogue, aiming to support development, prosperity, and wellbeing for...

UAE: Now, deposit or withdraw cryptocurrencies in dirhams through this bank

UAE residents can now deposit and withdraw UAE dirhams against cryptocurrencies they are holding. Crypto.com and Standard Chartered Bank have tied up to enable near-real-time...

Delivery Hero is preparing an IPO of its Talabat business on the Dubai stock exchange in Q4 2024

Delivery Hero SE (“Delivery Hero” or the “Company”, ISIN DE000A2E4K43, Frankfurt Stock Exchange: DHER), which operates in the United Arab Emirates (“UAE”) and other...

Dubai, Abu Dhabi are top global spots for executive nomads

Dubai has retained its lead position, for the second consecutive year, while Abu Dhabi moved to second place, up from fourth last year, in...

UAE steadily growing as a major player in global crypto market

The UAE is positioning itself as a significant player in the global digital assets market, trends suggest. The global market for tokenised assets is projected...

UAE: Web3 streaming platform myco raises $10 million for its Series A funding

The UAE-based Web3 streaming platform, myco, has raised $10 million (Dh36.7 million) from venture investors across Mena, North America and Europe as part of...

UAE leads in Q2 gross loan growth as GCC banks’ net profit surges to $14.8b

Net income reported by listed banks in the GCC reached a new record high during Q2 2024 after four out of the six country...

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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...