Tag: news
AIM 2018 sees record attendance levels
20,332 global investors gathered in one venue for the event. The eighth edition of the Annual Investment Meeting that took place at the Dubai World Trade Centre from April 9 to 11 saw the highest number of global investors gather in one venue, numbering 20,332, including more than 1,000 investment specialists and advisors from 143 countries, conclude 1,852 business-to-business and 821 government-to-business meetings in three days.
Reforms put UAE on global investment map
The new UAE investment, residency and company reforms announced on Sunday signify a tectonic shift for the business and social ecosystems as the nation seeks to enhance its appeal as a prime hub for world class talents and big-ticket investors
Artificial intelligence to add $182 billion to UAE’s economy by 2035
Artificial intelligence is set to give the UAE economy a $182 billion boost by 2035, according to a new report. The country’s financial sector is set to benefit the most from AI, followed by healthcare, transport and storage industries, according to a report by global consulting services firm Accenture.
UAE Inc welcomes pro-investor reforms
Major global firms will now be keen to set up branches in the country, say industry stalwarts. Business, professional and investor communities in the UAE greeted the much-anticipated landmark residency and investment reforms with enthusiasm and hoped the new measures would give a major fillip to the economy and brighten the nation’s long-term investment outlook.
UAE makes history in Indian oil
Abu Dhabi National Oil Company (Adnoc) on Saturday started supplying crude to India for its strategic petroleum reserves with the first shipment carrying 2 million barrels of oil.
China expresses strong interest in Abu Dhabi oil and gas concessions
Abu Dhabi National Oil Company has received strong interest from Chinese energy firms for onshore and offshore oil and gas concessions being offered in the first-ever round of competitive bidding proposed as part of its new partnership model.
Etihad Airways launches ‘Year of Zayed’ A380 aircraft
The UAE’s Founding Father’s legacy will further be spread worldwide as Etihad Airways unveiled its specially-designed A380 ‘Year of Zayed’ aircraft .
Dubai among world’s top 3 model smart cities
Emirate has been taking a pioneering role in self-driving cars, automated ports, testing of delivery robots and drones and social robots among others.
Abu Dhabi to become financial technology capital of Arabian Gulf
Abu Dhabi is aiming to become the capital of financial technology – or fintech – in the Arabian Gulf under an initiative announced by Ahmed Al Sayegh, the chairman of the Abu Dhabi Global Market, the capital’s financial free zone.
Mr Al Sayegh announced the plan, to be prepared in cooperation with international and regional partners, at the opening session of the Global Financial Markets Forum 2016 in the capital yesterday. He said that fintech was a fast-growing part of the international financial industry.
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