Pakistan and United Arab Emirates have reaffirmed commitment to deepening Strategic Economic Partnership. This commitment was made during meeting between Minister for Finance and Revenue Senator …
UAE pledges $1 billion investment in electricity for govt-controlled Yemen
The United Arab Emirates said on Wednesday it would invest $1 billion in the electricity infrastructure of government-held Yemen, which has been devastated by civil war.
UAE and Japanese financial institutions buy big stakes in Indian banks
Global financial institutions, particularly from the United Arab Emirates (UAE) and Japan, are buying big stakes in Indian banks as the government relaxes restrictions on foreign entities acquiring …
UAE’s new financial law pulls DeFi and Web3 into regulatory scope
A new financial law in the United Arab Emirates is set to bring decentralized finance (DeFi) and broader Web3 into regulatory parameters, signaling an important shift for the industry. The UAE’s new …
UAE’s new financial law pulls DeFi and Web3 into regulatory scope
A new financial law in the United Arab Emirates is set to bring decentralized finance (DeFi) and broader Web3 into regulatory parameters, signaling an important shift for the industry. The UAE’s new …
Dubai property frenzy sets developers on a US$6bil debt spree
DUBAI: Property developers in the United Arab Emirates (UAE) are raising billions through a growing arsenal of funding tools – from Islamic bonds to private credit – as they ride one of the Gulf …
US Approval for Advanced Chips Boosts UAE, Saudi AI Ambitions
The US has approved sales of tens of thousands of advanced artificial intelligence semiconductors to the United Arab Emirates’ G42 and regional rival Humain of Saudi Arabia, a major boost for both …
South Korea Eyes $15 Billion UAE Arms Deal in Middle East Push
South Korea is stepping up its outreach to Middle Eastern buyers as it pursues potential weapons contracts worth $15 billion in the United Arab Emirates, seeking to build on its success in Europe and …
Carney wraps United Arab Emirates visit with pledge of $70B investment in Canada
Prime Minister Mark Carney says Ottawa is working on a $1-billion project aimed at expanding critical minerals processing capacity in Canada, while securing the equivalent of $70 …
UAE to invest up to $50 billion in Canada in industries such as AI, energy
The United Arab Emirates said on Friday it will invest up to $50 billion in Canada under a framework that includes projects in artificial intelligence, energy, and mining sectors.