Tag: UAE

Dubai: Will customers pay more after 20% new tax on foreign banks?

Analysts hold differing opinions when assessing the impact of the recent announcement of a 20 per cent tax on foreign banks' income in Dubai. Some argue...

Apple in talks to bring Google’s Gemini AI to iPhone

Apple is in advanced negotiations with Google to adopt its powerful Gemini AI models for the iPhone, Bloomberg reported on Monday. The move, if confirmed...

UAE billionaire to help build ‘tallest tower in Europe’ in deal worth up to $7 billion: Report

UAE billionaire Mohamed Alabbar has reportedly signed an agreement with the government of Hungary to build a "Dubai-like neighbourhood" in Budapest in a deal...

UAE’s financial system ‘more secure’ than ever before, central bank says

The UAE’s financial system is more secure and efficient than ever before on the back of technological and structural advancements, the Central Bank of...

Abu Dhabi’s Lunate partners with JPMorgan for first UAE bond ETF

Abu Dhabi-based Lunate Capital Limited has partnered with JPMorgan Chase & Co. to build the first exchange-traded fund tracking the performance of bonds in the United...

DP World launches global freight forwarding network

DP World has inaugurated the latest in a string of more than 100 freight forwarding offices across the world, marking a significant expansion aimed...

More than 15,000 new Indian companies joined Dubai Chamber of Commerce in 2023

A recent analysis by Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that Indian...

Abu Dhabi’s coding school empowers global communities

42 Abu Dhabi, the UAE capital’s coding school that trains Emirati and expatriate coders to support the Emirate’s digital transformation, is serving a global...

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Can Soket AI Power India’s Foundational LLM Dream?

SUMMARY Founded in 2019, Soket AI spent its early years...

Closing Bell: Saudi main index retreats to 10,731.59

Parallel market Nomu lost 393.70 points to settle at...

50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

Across the Gulf, a powerful wave of women entrepreneurs...

How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets

SUMMARY Despite being one of the most promising markets, India’s...

UAE shares end higher as outcome of US-China trade talks awaited

LONDON: Stock markets in the UAE ended higher on Monday,...