Malakai Rashid

Journalist

All publications by author

Abu Dhabi sets the tone for the market

Abu Dhabi hosts Goldman Sachs summit as hedge funds flock to Al Maryah Island, signaling its rise as a global capital hub with $1.7T in sovereign wealth and long-term cultural investments.

UAE accelerates access to AI chips

The UAE deepens ties with the U.S. to secure advanced semiconductor access, pledging $1.4 trillion in tech investments and positioning itself as a future AI leader in the Middle East.

UAE Cloud Computing Market to Triple by 2030

Driven by digitalization, AI adoption, and public-private investment, the UAE cloud market is set to triple by 2030, becoming the fastest-growing hub in the Middle East.

Dubai developers prepare to issue Islamic bonds

Sobha Realty and Omniyat plan dollar-denominated Islamic bonds to fund expansion as Dubai’s luxury property market surges, despite rising global economic risks.

Abu Dhabi is preparing for long-term development

Despite falling oil prices, Abu Dhabi continues investing in tourism, culture, and infrastructure, reinforcing its long-term economic diversification strategy with new museums and global events.

UAE and Chad sign agreement to build hospital

The UAE unveils plans for a modern hospital and dialysis center in Chad’s capital, reinforcing its humanitarian leadership and expanding its strategic presence in Africa.

Abu Dhabi returns to UK market after tensions

Abu Dhabi returns to the UK market with major investments in education and energy, signaling a thaw in diplomatic tensions and a push for deeper economic ties.

Trump’s World Liberty signs deal with Dubai-based DWF Labs

World Liberty Financial, backed by the Trump family, partners with Dubai’s DWF Labs in a $25 million deal to boost stablecoin WLFI and expand into U.S. crypto markets.

Billionaire Platt’s BlueCrest Officially Launches Dubai

Billionaire Michael Platt’s BlueCrest Capital has received DFSA approval to begin trading from Dubai, joining other global hedge funds at DIFC and reinforcing the emirate’s financial hub status.

Abu Dhabi’s M42 invests in startup Juvenescence

Abu Dhabi’s M42 has invested in British startup Juvenescence to develop AI-based anti-aging therapies, expanding its global biotech portfolio and medical innovation strategy.

Business