Tag: UAE

UAE cuts base rate by 50 bps following historic Fed move

The UAE central bank on Wednesday cut the base rate applicable to the overnight deposit facility (ODF) by 50 basis points – from 5.40...

DIFC Preferred Choice for International Brokerage Firms Eyeing Dubai

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

Saudi EXIM Bank Hosts GARP Meeting to Discuss Financial Risk Management

The Saudi EXIM Bank hosted a meeting for the Global Association of Risk Professionals (GARP) to discuss best practices for managing financial risks in...

UAE bank close to acquiring $5b stake in Indian bank

A leading UAE-based bank is in talks to acquire a stake in an Indian bank, with an investment expected to be in the billions...

JCCI Hosts Indian Delegation Meeting with Business Owners and Investors

Jeddah Chamber of Commerce and Industry (JCCI) hosted a meeting yesterday for an Indian delegation that included representatives from major food industry companies. Twenty-five companies...

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

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

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

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

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

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...

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Emirati startup founders unveil AI-powered innovations at Hub71 Impact 2026

Emirati startup founders showcased AI-powered and advanced technology solutions...

Groww and Zerodha AMCs post nearly 3x growth in AUM over last year

Entry of discount broking firms -- Groww and Zerodha...

Apple launches AI-powered Siri upgrade

Apple has launched an artificial intelligence-powered version of its...