Tag: Finances

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.

Dubai’s luxury real estate market continues to grow

Dubai’s prime real estate market hits record highs with $10M+ deals, driven by global investors and strong incentives, despite new tariff risks and supply chain pressures.

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 and Ukraine sign economic partnership agreement

The UAE and Ukraine signed a Comprehensive Economic Partnership Agreement, strengthening trade ties with duty-free access and boosting economic cooperation.

UAE IT firm Alpha Data to hold IPO in Abu Dhabi

Alpha Data plans a 40% stake sale in its Abu Dhabi IPO, aiming to raise $200 million as Middle East listings gain momentum.

UAE Gasoline Prices: What’s in Store for Consumers?

Fuel prices in the UAE rose in February amid market uncertainty; experts warn of further hikes due to global oil tensions, sanctions, and supply disruptions.

UAE Lottery: Seven Residents Win Dh100,000

Seven lucky winners in the UAE lottery took home Dh100,000 each as part of the guaranteed prizes, while the Dh100 million jackpot remains up for grabs.

Maksym Krippa expands its investment portfolio by 100,000 square meters in the UAE

Maksym Krippa, an entrepreneur and investor with assets in IT, esports, and real estate, spoke about projects in Dubai.

Fujairah increases salaries for civil servants

Fujairah boosts public sector pay by 20% starting February 1, reflecting the UAE’s wider salary growth trend driven by tech innovation and strategic economic development.

Dubai’s Omniyat secures $100 million private loan

Nomura provides a $100 million loan for Omniyat’s Dubai real estate project, marking the Japanese bank’s first Middle East property deal amid the region’s real estate boom.

Abu Dhabi boosts minerals with $1.2 billion investment

ADQ and Orion Resource Partners launch a $1.2 billion mining investment firm to secure critical minerals, focusing on Africa, Asia, and Latin America.

Abu Dhabi’s M42 ready to work with US and Chinese tech

M42, Abu Dhabi’s AI-driven healthcare firm, focuses on US partnerships while remaining open to global tech, as it expands AI and genomics initiatives.

Abu Dhabi’s Eagle Hills plans $6 Billion Georgia projects

Eagle Hills plans large-scale developments in Tbilisi, Batumi, and Gonio, boosting Georgia’s economy with new housing, retail, and commercial spaces.

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