Browsing: Finance and Technology

Kuwait-based low-cost airline Jazeera Airways has announced plans to purchase six Airbus A320 CEO aircraft,…

ADGM has revealed plans to set up an Insurance Association within its jurisdiction. This move…

The UAE’s tourism sector continues to thrive, with hotel establishments generating AED 33.5B ($9.1B) in revenue during the first nine months of 2024.

Andrey Slepnev stated that the Economic Partnership Agreement (EPA) will strengthen trade relations by enhancing market access for goods and eliminating unnecessary trade barriers. Additionally, it will open up new avenues for economic and technological collaboration between the involved nations.

Standard Chartered has announced plans to increase its frontline private banking team in the United Arab Emirates by 20%, aiming to better serve its high and ultra-high-net-worth clients as part of a broader growth strategy.

AlpInvest Partners, a leading global private equity investor and subsidiary of Carlyle, has partnered with Mubadala Investment Company to form a new credit co-investment partnership. This collaboration aims to provide global portfolio senior fund financing, marking a significant expansion of both firms’ investment strategies.

FIFA has confirmed that Saudi Arabia will host the 2034 World Cup. This long-awaited announcement was made during the FIFA Congress on Wednesday, December 11, marking a major milestone in the Kingdom’s ambitious sporting vision and making it the second Middle Eastern country to host football’s premier event.

Quantix Technology Projects LLC, a subsidiary of Abu Dhabi-based fintech leader Astra Tech, has successfully…

TAQA Water Solutions has awarded a AED 95M contract to develop a Supervisory Control and Data Acquisition (SCADA) system across its treatment facilities, centred around a new control centre. Announced at the IDRA World Congress 2024, the project aims to improve environmental sustainability, enhance operational efficiency, reduce carbon emissions, and increase wastewater treatment capacity by 20%.

Abu Dhabi Finance Week (ADFW) continued into its second day with the 2024 edition of…