SoftBank to focus on AI and machine learning in hunt for new 'unicorns'
A partner at SoftBank’s Vision Fund said the “core focus” of the world’s biggest venture capital fund is artificial intelligence…
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Mubadala launches $150 million fund of funds and $100 million direct fund, to invest in startups in MENA
UAE’s sovereign wealth fund Mubadala that has been actively making direct and indirect investments in the American and European startups…
Liv. customer wins private island in unique promotion
After an eventful six-month long campaign that saw thousands of UAE residents participate for the chance to win a private…
DGCX welcomes RAKBANK to the exchange, underpinning its expanding member community
The Dubai Gold and Commodities Exchange has announced that RAKBANK has been listed as a new Trade Member of the…
DGCX welcomes RAKBANK to the exchange, underpinning its expanding member community
The Dubai Gold and Commodities Exchange has announced that RAKBANK has been listed as a new Trade Member of the…
UAE: Why bank charges for rejected deferral?
* Bank offered deferral of loan payment since the customer is paying on time * Deferral request has failed as…
TransferWise is expanding in the Middle East with a new Abu Dhabi license
TransferWise, the $3.5 billion financial technology start-up backed by investors including Peter Thiel and Richard Branson, is expanding its money…
Alizz Islamic Bank to organise Supply Chain Conference
The inaugural edition of Oman Economic Review Supply Chain Conference, presented by Alizz Islamic Bank, will be held on October…
Saudi Arabia said to plan $2.5bn sukuk issuance
Saudi Arabia is seeking to raise $2.5 billion of Islamic bonds as the world’s biggest oil exporter takes advantage of…
Wealth focus: How factor-based investing can benefit Middle East investors
Investors employing factor strategies are continuing to increase their allocations globally. The story is no different in the Middle East,…
Gulf Investment Fund outperforms on lower Saudi exposure
Gulf Investment Fund outperforms on lower Saudi exposure – Gulf Investment Fund has released a report covering its third quarter…
London-based $3.5bln TransferWise CEO optimistic on new UAE presence
Global cross-border payments company TransferWise has obtained a license from the regulatory authority of Abu Dhabi to launch its low-cost…