Tag: 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.

Israeli startup BridgeWise expands to Dubai’s DIFC, bringing its AI chatbot Bridget to GCC markets amid surging demand for fintech in investment analytics.

Azadea Group, the franchisor of Zara and Virgin Megastore, pauses IPO plans to focus on UAE market expansion and boosting margins, betting on Dubai’s booming consumer sector.

Dubai’s real estate boom continues as housing prices surge 70% in four years, driven by an influx of capital, corporate HQs, and sovereign wealth funds seeking refuge from global turbulence.

Sculptor Capital Management gains ADGM approval, expanding UAE presence and unlocking sovereign wealth access for its $34bn alternative portfolio.

RVCapital Management joins global shift to Dubai with new DIFC office and $1bn AUM, tapping Gulf sovereign capital and Asia-Europe trading advantages.

On a landmark visit to India, Sheikh Hamdan bin Mohammed leads high-level talks on trade, fintech, and green energy, unveiling a $1B AI fund and plans for a Dubai-India Growth Corridor to boost bilateral trade and infrastructure integration.

South Africa’s Absa Group plans to launch a Dubai office in early 2026 to support growing trade between the Middle East and Africa and serve clients investing in African infrastructure.

Dubai’s population hits 3.9 million in Q1 2025, with forecasts pointing to 4 million by year-end as strong migration, tourism, and investment continue driving the emirate’s economic expansion.

Uganda partners with Dubai’s Alpha MBM to develop a 60,000 bpd oil refinery, signaling a major step in its hydrocarbon ambitions with a $4 billion investment, storage terminal, and pipeline project.