Number of companies in Dubai’s financial hub rises by 11% during H1
DIFC has welcomed 250 new companies this year, with the number of registered firms now reaching 2,289...
Tag : Dubai
Dubai’s Noor Bank net profits surge 29% to Dh410 mn in H1
Noor Bank’s rise in revenue is attributed to its income generated from net financing, investments and non-funded income...
The Dubai Financial Market profit in H1 drops 21% to Dh65.1 mn
Its expenses stood at Dh98.4 million compared to Dh99.6 million during the first half of last year...
Dubai’s OSC, Aramco to invest $450 mn in Saudi’s SPARK
The project is expected to contribute more than $6 billion to the Saudi Arabia’s GDP...
DFSA and Smart Dubai in MoU to start smart transformation
The MoU signed by Waleed Saeed Al Awadhi and Wesam Lootah was UAE’s first digitally signed MoU...
Number of billionaires in UAE and Saudi Arabia declines in 2018
Wealth X’s report finds that there are 55 dollar billionaires in the UAE worth $165 billion...
Dubai, Hong Kong sign deal to boost Islamic economy in Far East
The agreement also proposes to recognise best practices in developing Islamic finance and halal trade...
Five new ventures win $10000 each at UAE’s AIM Startup
SMEs comprise 98% of all registered firms in the UAE and contribute 49% of non-oil GDP...
Dubai ranks first in attracting foreign direct investment for AI and robotics
The emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology transfers with the most from the European Union and the U.S.— $5.7 billion and $3.9 billion, respectively...
Industry stalwarts to head Takaful & InsurTech Forum
Over 300 industry powerhouses from GCC, Asia, Africa and Europe are expected to converge at the two-day forum, that will also feature an exclusive report launch by Milliman...