Abu Dhabi Invests $461 Million in Bitcoin ETF
Major Investment in Bitcoin ETF Abu Dhabi has made a massive investment in Bitcoin. The city’s sovereign wealth fund, Mubadala Investment Company, recently bought over $461 million worth of BlackRock’s…
Sobha Realty Plans to Raise New Debt for Expansion
Sobha Realty’s Plans for Growth Sobha Realty, a well-known real estate developer in Dubai, is planning to raise more funds by issuing new debt. The company aims to deliver 3,000…
Why CBDCs Are Safer and Better Than Cryptocurrencies
How Central Bank Digital Currencies (CBDCs) Have an Edge Over Cryptocurrencies Digital currencies are transforming the financial world. Cryptocurrencies like Bitcoin and Ether have gained immense popularity, but they also…
Dubai’s Role in Financial Evolution: A Global Game Changer
Dubai’s Role in Financial Evolution has rapidly grown into a major financial hub, shaping the future of global finance. With smart policies, cutting-edge technology, and strong infrastructure, the city continues…
Deyaar Reports AED 505.4 Million Profit Before Tax
Deyaar Reports AED 505.4 Million Profit Before Tax, a 14.68% Yearly Increase in 2024 Deyaar Development PJSC (Deyaar) has announced strong financial results for 2024. The company’s preliminary unaudited reports…
Abu Dhabi elevates status as global financial centre
Abu Dhabi Emerges as a Global Financial Powerhouse Abu Dhabi is rapidly establishing itself as a global financial leader. During the recent Abu Dhabi’s Finance Week (ADFW), eight major institutions…
UAE Startup Contest: Dh700,000 in Prizes
UAE Startup Competition: Win Funding and Grants in Sharjah! UAE startup Calling all innovative young minds! There’s a business competition happening in Sharjah, UAE, offering a total of Dh700,000 (approx.…
Gold Prices in the UAE Drop After Letdown from the US Fed.
Shoppers are waiting to see if gold prices in the UAE will drop further after the US Fed’s comments dampened market sentiment. Gold prices in the UAE have taken a…