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.

Blackrock and Emirates NBD announce new platform

Emirates NBD and BlackRock partner to create a new platform offering UAE investors exclusive access to private markets and alternative assets.

Reflect Orbital aims to power Dubai’s nighttime with solar power

Reflect Orbital plans to deliver sunlight at night using space mirrors, aiming to power Dubai after dark and revolutionize global solar energy accessibility.

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...

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.

Abu Dhabi’s Lunate launches new venture Axight

Lunate, Abu Dhabi’s $105 billion asset manager, has launched Axight, a new private equity fund targeting the Asia-Pacific region, strengthening its presence in high-growth markets.

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