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ADX and its listed firms start Global Investor Roadshow

Abu Dhabi Securities Exchange (ADX) which has a market capitalisation of over 765 billion has launched its 2024 Global Investor Roadshow and Conference in New York in collaboration with Morgan Stanley...

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Bayanat signs a MoU with Indian software giant TCS

Bayanat a leading provider of AI-powered geospatial solutions has signed a Memorandum of Understanding (MoU) with Tata Consultancy Services (TCS) an India-based global leader in software and digital solutions....

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Arab Summit's success highlights Bahrain’s vital pan-Arab role

The success of the 33rd Arab Summit affirms Bahrain s high standing and its important pan-Arab role under the leadership of His Majesty King Hamad bin Isa Al Khalifa reported BNA citing a senior official....

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Mubadala grows portfolio with AUM hitting $300bn

Mubadala Investment Company an Abu Dhabi sovereign investor has grown its portfolio with assets under management (AUM) reaching more than AED1.1 trillion ( 300 billion) in a tumultuous year. In line with...

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DIFC boosts its brokered premiums by 61pc in 2023: CEO

Dubai International Financial Centre (DIFC) has bolstered its brokered premiums by 61% year-on-year in 2023 crossing the 2 billion threshold said Arif Amiri CEO of the DIFC Authority. He said that the...

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GDA launches bitcoin mining centre in Argentina

Genesis Digital Assets Limited (GDA) one of the largest Bitcoin mining companies in the world in terms of hash rate has announced the opening of a new data centre in Argentina powered by YPF Luz a leading...

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Presight and Intel tie up to drive AI innovation in Mideast

Presight the region s leading big data analytics firm and Intel a global tech leader will collaborate to accelerate applied AI projects and develop cutting-edge AI solutions in the Middle East. Signifying...

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Hala Financing to provide debt-based crowdfunding solutions

The Saudi Central Bank (Sama) has licensed Hala Financing to provide debt-based crowdfunding solutions. With this new addition there are now 11 authorised companies offering debt-based crowdfunding solutions...

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Maldives signs MoU with IFZA to develop special zones

Maldives and IFZA have signed a deal for IFZA to develop and be the governing authority for the special economic and financial services zone at Funadhoo Island and the Maldives Economic Gateway at Ihavandhippolhu...

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Dubai AI Campus inaugurated, boost to digital economy

The Dubai AI Campus cluster at the Innovation Hub Dubai International Financial Centre (DIFC) was today inaugurated by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum Crown Prince of Dubai...

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CNN Academy Abu Dhabi to explore AI in Journalism

Applications are open for CNN Academy Abu Dhabi the international news network s pioneering initiative to empower and upskill emerging talent in the region with multiplatform storytelling supported by...

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ADIA Lab, Minsait announce research collaboration

Abu Dhabi Investment Authority Lab (ADIA Lab) and Minsait have signed a Memorandum of Understanding (MoU) for future research collaboration on the sustainable and ethical use of artificial intelligence...

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Core42 unveils JAIS Chat serving GenAI to 400m Arabic speakers

Core42 a G42 company and provider of sovereign cloud cybersecurity AI infrastructure and services has launched JAIS Chat as a mobile application available for download on iOS. This user-friendly chatbot...

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SICO, Oman’s Tanmia to launch $126m ‘Tanmia Liquidity Fund’

SICO a leading regional asset manager has partnered with Oman National Investment Development Company Tanmia to launch the 126 million Tanmia Liquidity Fund . Inaugurated at the Muscat Stock Exchange the...

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Agthia Group Q1 net profit grows 32pc to $34.7m

Agthia Group a leading regional food and beverage company has seen its first-quarter (Q1) net profit grow 32.0% year-on-year to AED127.6 million ( 34.7 million) and is on track to meet its full-year 2024...

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Agility Global Q1 2024 net profit at $30.5m

Agility Global has reported a first-quarter (Q1) 2024 net profit of 30.5 million or 0.58 cents per share and its Board has approved 65 million interim cash dividends. EBITDA grew 34% to 169.5 million and...

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