Malakai Rashid

Journalist

All publications by author

The UAE will see the first integrated resort Wynn Al Marjan Island

Wynn Al Marjan Island in Ras Al Khaimah will feature the UAE’s first licensed casino resort with 1,542 rooms, luxury villas, fine dining, retail space, and beachfront entertainment.

Warner Bros. is taking a minority stake in OSN

Warner Bros. Discovery acquires a one-third stake in OSN Streaming to expand content production, enhance regional offerings, and tap into MENA’s growing digital media market.

Seviora opens office in Abu Dhabi

Seviora Group, managing US$54 billion in assets, launches ADGM office to strengthen regional ties and offer investment solutions across Asia, the Middle East, and beyond.

UAE-based Sidara in talks to takeover Wood Group

FTSE 250-listed engineering and consulting firm John Wood Group has given Dubai-based Sidara an extension to submit a formal takeover bid, Bloomberg News has reported. Wood Group said it has until April 17 to make a final move under...

Trump sees UAE as US AI partner

Trump discusses deepening U.S.-UAE AI ties with Sheikh Tahnoon as Abu Dhabi eyes massive investments in AI infrastructure and seeks access to American chip technology.

White House says UAE plans to invest $1.4 trillion in U.S.

The UAE will invest $1.4 trillion in the U.S. over 10 years, focusing on AI infrastructure, semiconductors, energy, and manufacturing through major sovereign partnerships.

Moody’s affirms UAE’s high rating

Moody’s reaffirms UAE’s high credit rating, citing low debt, fiscal strength, and robust non-oil sector growth driven by reforms and investment-friendly policies.

Sheikh Tahnoon Meets BlackRock, Microsoft, Nvidia CEOs

Sheikh Tahnoon bin Zayed met with top U.S. tech leaders to deepen AI collaboration, expand data center infrastructure, and explore global innovation opportunities.

Mubadala sells part of Du stake worth $1 billion

Mubadala plans to sell part of its Du stake for $1 billion, signaling momentum in Gulf equity offerings and supporting UAE market liquidity and reform goals.

Dubai to introduce regulatory changes to attract Hedge Funds

Dubai is set to ease capital requirements and streamline approval processes for money managers, aiming to become a top global hub for hedge funds.

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