$66 billion into AI: Sovereign Wealth Funds Bet Big on Future Tech
Sovereign Wealth Funds Invest $66 billion into AI as Assets Reach $15 Trillion Middle East Funds Lead the Global AI Investment Wave Sovereign wealth funds are changing global markets fast.They…
United Nations Faces Job Cuts After 2026 Budget Approval
United Nations Approves 2026 Budget With Major Cuts The United Nations has approved its 2026 budget after long talks. The decision came from the General Assembly this week. The final…
Saudi SHL Finance Renews $114M Credit to Boost Growth
Saudi SHL Finance Renews $114 Million Credit Deal With GIB Saudi SHL Finance renewed an important banking deal. The company extended a $114 million credit with GIB. This deal shows…
Beltone Plans to Buy UAE-Based Lumen Aegis
Beltone Plans Major UAE Acquisition Beltone has announced plans to acquire UAE-based Lumen Aegis.This move marks an important step for Beltone’s regional growth.The acquisition will strengthen Beltone’s presence in the…
Indian Rupee Drops to New Lows in Early 2025
Indian Rupee Hits New Lows in 2025 The Indian rupee continues to struggle in early 2025. It has dropped to fresh lows against the US dollar. Market experts say the…
Islamic Treasury Sukuk Auction Draws Strong $1.49bn Investor Bids
Islamic Treasury Sukuk Auction Sees Strong $1.49 Billion Bids Strong Demand for Islamic Treasury Sukuk The UAE held its latest Islamic Treasury Sukuk auction for November 2025. The auction drew…
JPMorgan Expands in Dubai to Support Growing Midcap Firms
JPMorgan Expands in Dubai as It Targets Global Midcap Growth JPMorgan is now expanding in Dubai as part of a bigger international push. The bank wants to work more with…
First Abu Dhabi Bank Launches €850 Million Green Bond
First Abu Dhabi Bank Issues €850 Million Green Bond Strong Demand for the New Bond First Abu Dhabi Bank has priced a new €850 million long five-year green bond. The…
Major Gulf Markets Ease as Oil Prices and Earnings Weaken
Major Gulf Markets Ease as Oil Prices and Earnings Weigh on Sentiment The major Gulf markets saw a slight dip on Thursday as weaker oil prices and mixed corporate earnings…
UAE Remittance Rates Today: Best Rates for Sending Money
UAE Remittance Rates: October 24 Update Sending money home from the UAE is always on many expats’ minds. As of October 24, 2025, the UAE remittance rates for India, Pakistan,…