Tag: UAE

ADGM 2024 growth outlook: Over 70% of companies in ADGM Plan Workforce Expansion in 2024

A survey by the Abu Dhabi Global Market (ADGM), which stands as a testament to the vision and ambition that drive the UAE and...

Al Ansari approves Dh300 million cash dividend for H2 2023

Shareholders of Al Ansari Financial Services PJSC, one of the leading integrated financial services groups in the UAE, have approved a recommendation by the...

Abu Dhabi’s industrial sector booms with 51% rise in licences

New data from the Abu Dhabi Chamber shows a surge in industrial licensing within the emirate (excluding free zones).  During 2023, the number of...

Nasdaq’s biggest shareholder Borse Dubai plans to sell stake worth $1.6 bln

Nasdaq Inc.’s biggest shareholder, Borse Dubai, is selling roughly one third of its stake — or 27 million shares — in the exchange operator...

Moove secures $100 million in Series B funding round

Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, today announced that it has raised $100 million in a...

UAE investments abroad hit $2.5 trillion in beginning of 2024: Secretary-General UAEIIC

The UAE has solidified its position as a leading regional and global player in foreign direct investment, according to Jamal Bin Saif Al Jarwan,...

EITC receives licences from UAE Central Bank to offer fintech services

Emirates Integrated Telecommunications Company (EITC), today announced that it has received licences from the Central Bank of the UAE (CBUAE) to offer new digital...

Australian, Asian businesses accounted for 50% of MNCs attracted by Dubai International Chamber in 2023

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that 50 percent of the Multinational Corporations...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...