Central Bank of Egypt Cuts Key Interest Rates by 100 Basis Points to Boost Economic Growth
Central Bank of Egypt Cuts Interest Rates by 100 Basis Points Rate Cut Details The Central Bank of Egypt reduced key interest rates by 100 basis points on Thursday. The…
DMCC Sees 13% Surge in Singaporean Companies Joining Its Business Ecosystem
DMCC Partners with Hawksford to Boost Singaporean Business Expansion 13% Growth in Singaporean Companies DMCC recorded a 13% increase in Singaporean companies joining its district in 12 months. Nearly 400…
Gold Prices Rise Above Dh400 per Gram in Dubai, Reach Two-Week High
Gold Prices Rise Above Dh400 Amid Global Debt and Geopolitical Tensions Gold prices rise above Dh400 per gram in Dubai, reaching a two-week high on Thursday. The precious metal’s global…
Bitcoin Hits All-Time High Amid Renewed Crypto Market Optimism
Bitcoin Hits Record High as Investor Sentiment Improves Bitcoin Surges Past $109,000 Mark The world’s largest cryptocurrency is Bitcoin, reached a new all-time high of $109,760.08 on Wednesday. It last…
ADNOC Signs \$1.63B Deals to Manufacture Industrial Equipment in UAE
ADNOC Signs AED6 Billion Deals to Manufacture Industrial Equipment in UAE Strengthening Local Manufacturing ADNOC signed framework agreements worth AED6 billion ($1.64 billion) with 12 UAE-based companies. These agreements focus…
EDaddy Showcases UAE-Designed Smart Last-Mile Delivery Innovation at Make it in the Emirates 2025
EDaddy Unveils Smart Last-Mile Delivery Solutions at MiitE 2025 EDaddy Showcases UAE-Made Innovation Abu Dhabi, UAE – 21st May 2025 – EDaddy, UAE’s electric mobility pioneer, unveils its full ecosystem.…
Standard Chartered Strengthens UAE Presence with Expansion of Private Banking Team
Strong Market Attracts Global Wealth Managers Standard Chartered expands its private banking team in the UAE to boost regional operations. The UAE offers easy business conditions, tax benefits, and ideal…
Gulf IPO Proceeds Surge 33% Despite Q1 2025 Headwinds
Gulf IPO Proceeds Jump 33% in Q1 2025 Despite Market Challenges Strong Saudi Activity Drives Gulf IPO Growth Gulf IPO proceeds rose 33% year-on-year in Q1 2025, totaling $1.6 billion.…
UAE’s First Flying Taxi Set for Trial Launch in Al Ain This Summer
UAE’s First Flying Taxi Set for Trial Launch in Al Ain This Summer Trials Begin in Al Ain This Summer UAE’s first flying taxi will begin trials in Al Ain…
VUZ Secures \$12 Million Investment from World Bank’s IFC to Boost Media Innovation
VUZ Secures $12 Million to Drive Global Expansion IFC Leads Pre-Series C Round VUZ raised $12 million in a funding round led by the International Finance Corporation (IFC). IFC, a…