UAE

UAE’s Al Ansari raises $210M in successful IPO

Al Ansari Financial Services, a UAE-based foreign exchange and payments transfer company, has received a…

UAE’s e-commerce sector ready to take on new growth, reports suggest

A recent report by EZDubai, a dedicated e-commerce zone in Dubai South, along with research…

The UAE rover’s first image of the moon was successfully transmitted by lander

The Hakuto-R Mission 1 lander, developed by Japanese private company ispace, has sent back its…

Presight AI’s stock price skyrocketed by 400% during its debut on the Abu Dhabi stock exchange

Presight AI, a subsidiary of Abu Dhabi’s G42 Group that specializes in data analytics and…

Emirati engineers’ breakthrough for affordable prosthetic limbs

A team of young engineers at the Sharjah Research, Technology and Innovation Park (SRTIP) in…

Lower provisions and higher interest rates to fuel profit growth for UAE’s big banks in 2023

Moody’s Investors Service has reported that the four largest banks in the United Arab Emirates…

UAE’s Al Ansari boosts IPO size on strong investor interest

Al Ansari Financial Services, a leading exchange house in the United Arab Emirates (UAE), is…

UAE Central Bank has begun implementing its Digital Dirham strategy

The UAE Central Bank has announced the launch of its digital currency strategy, Digital Dirham,…

Dubai pledges $1bn for tech start-ups in the uncertain global market

The Dubai Future District Fund has set an ambitious target of $1 billion for assets…

SpaceX is being considered for investment by investors from Saudi Arabia and the UAE

In a report released by The Information, it was revealed that a unit of Saudi…