Tag: UAE

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.

Mahzooz warns residents about fake sites

Mahzooz alerts users to an increase in fake lottery websites and shares cybersecurity tips to help residents protect their data and avoid online fraud.

Drunk driving in the UAE: 24 black points

Driving under the influence in the UAE leads to 24 black points, heavy fines, license suspension and possible jail time under the new federal traffic law.

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