Foreigners can now own up to 40% in First Abu Dhabi Bank
The UAE central bank approves raising foreign ownership limit from 25%...
Tag : UAE
Gamestream deal: Etisalat to stream video games from premier publishers
The UAE telecom operator aims to be the dominant player in eSports and video gaming...
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...
Annual Investment Meeting 2019 focuses on the impact of digital innovations on investing
The UAE investment landscape is supported by modern infrastructure and advanced economic legislation...
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...
More firms turn to Islamic finance for development projects
“It is our experience that sukuk-based solutions are establishing themselves as an increasingly attractive alternative for the funding of infrastructure and development projects," says Zahid Aslam, managing director of Investment Banking at Dalma Capital Management Limited...
China looking to expand its investment through participation in AIM
With $70 billion non-oil trade with the UAE by 2020...
Startups and SMEs will be drivers of economic growth in the coming years
This will promote job generation which will contribute largely to an increase in consumption and spending of low-income people...
UAE banks merger: What does this mean for the sector?
Three of UAE’s top banks are in talks to merge together to form an enterprise that will become one of the biggest lenders in the MENA region, leading to a credit positive industry...
Equifax Analytics partners with Finesse to drive digital banking in the Middle East
Finesse with its strong presence in the Middle East and Asian markets has strategically aligned with Equifax to leverage the fast growing predictive analytics opportunities...