Tag: Economy

UAE strengthens its lead in venture capital investment

With $190M raised in Q1 2025, the UAE leads MENA in venture capital growth, backed by sovereign funds, fintech dominance, and strategic economic reforms supporting innovation.

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.

Middle Eastern franchisor Zara postpones IPO

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 is experiencing a real estate boom

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.

UAE and EU begin free trade talks

The European Union and the UAE begin negotiations on a free trade agreement focused on green hydrogen, AI logistics, and strategic investments across goods, services, and critical sectors.

UAE firm Masdar has acquired Greece’s Terna Energy

Masdar finalizes full acquisition of Terna Energy, marking the largest energy transaction on the Athens Exchange and boosting its European renewable portfolio to support 100 GW global target by 2030.

First Abu Dhabi Bank revamps its structure

FAB revamps into four core divisions, reshaping leadership and aligning with UAE’s global ambitions in investment banking, energy, and digital finance.

Sculptor Capital Management receives UAE approval

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

Abu Dhabi’s Mubadala buys stakes in US Gas Companies

Abu Dhabi’s Mubadala buys into US gas and LNG projects, marking a major move in America's energy sector amid a $1.4 trillion UAE investment push.

UAE encourages its richest families to create structures

The UAE encourages its richest families to create formal governance and family offices to manage $1 trillion in assets and prevent succession disputes.

Singapore-based RV Capital to open Dubai office

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

Investments on the Abu Dhabi stock exchange increased by 151%.

ADX attracts AED8.54bn in foreign capital in Q1 as new trading systems, ETFs, and tech-driven reforms position it as a top financial hub amid global volatility.

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