Tag: UAE Business News
Aldar Investment acquires 70% of Abu Dhabi Business Hub; Unveils new...
Abu Dhabi-based leading real estate investment platform, Aldar Investment has completed the acquisition of a 70 percent equity interest in Abu Dhabi Business Hub.
According...
UAE’s DAMAC Group to enter the metaverse; Plans $100mn investment
UAE-based leading business conglomerate, DAMAC Group is planning to embark into the world of the metaverse and build its own digital cities.
According to the...
Abu Dhabi’s Daman partners with NAS to enhance its insurance services
The National Health Insurance Company – Daman has signed a strategic partnership with NAS Administration Services (NAS), an Abu Dhabi-based leading insurance operations management...
UAE & Indonesia ink reinsurance agreement to boost bilateral trade
UAE's Federal export credit company, Etihad Credit Insurance (ECI), and its Indonesian counterpart PT Reasuransi Indonesia Utama (Indonesia Re) have signed a reciprocal reinsurance...
Emirates Development Bank signs MoU with Food Tech Valley to support...
Emirates Development Bank (EDB) has signed a Memorandum of Understanding (MoU) with Food Tech Valley, which is being developed by Dubai-based wasl Asset Management...
US-based PowerDMARC unites with UAE’s Channel Next to improve its services
US-based leading provider of enterprise-grade DMARC services, PowerDMARC has entered into a partnership with UAE’s major leading cyber security solutions provider, Channel Next in...
UAE-based fintech app zenda raises $9.4mn in seed round
UAE-based fintech app for school fees, zenda has raised $9.4 million in a seed round that was oversubscribed.
The company said in a statement that...
ADGM approves Kraken to be a Virtual Asset Multilateral Trading Facility...
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has welcomed Kraken, a US-based cryptocurrency exchange and bank, to its fast-growing...
