In a significant development for the investment landscape in the UAE, Saeed Al Shamsi, the current Chairman of EXHub Holding, has been appointed to the advisory board of Lynam Partners. This strategic decision, announced on July 9, 2026, underscores the importance of integrating seasoned investment expertise within Lynam Partners, a firm dedicated to fostering growth...
Author: admin
Post
UAE Government Engages 15 Nations to Enhance Trade Relations
The United Arab Emirates government is actively pursuing trade discussions with 15 countries and regional blocs to address challenges that have emerged following the country’s graduation from Least Developed Country (LDC) status. This initiative underscores the UAE’s commitment to strengthening its international trade relationships and diversifying its economic partnerships. By engaging with these nations, the...
Post
UAE Bank Prepares for Expansion into South African Market
A prominent bank from the United Arab Emirates is taking significant steps towards entering the South African financial market, signaling its intent to diversify and expand its operations beyond the Gulf region. This move reflects the larger trend of Middle Eastern financial institutions looking to tap into the South African economy, which has been highlighted...
Post
Dubai Financial Services Authority Releases 9th Audit Monitoring Report
The Dubai Financial Services Authority (DFSA) has unveiled its 9th Audit Monitoring Report, which underscores its commitment to enhancing audit quality within the Dubai International Financial Centre (DIFC). This latest report reflects the DFSA’s ongoing efforts to set benchmarks for audit standards and practices in the region, contributing to the overall integrity and transparency of...
Post
FAB Pursues Banking License in Africa’s Largest Economy
First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, has announced its intention to expand its operations into Africa by seeking a banking license in Nigeria, the continent’s largest economy. This strategic move comes as FAB aims to penetrate the dynamic and rapidly growing financial markets in Africa. Nigeria, with its...
Post
Record Remittances from Overseas Pakistanis Boost Economy
Overseas Pakistanis have significantly contributed to Pakistan’s economy by sending a record $41.6 billion in remittances, with Saudi Arabia and the UAE being the top sources. This remarkable influx underscores the vital role that expatriates play in sustaining economic growth and stabilizing the country’s financial landscape. The weight of these remittances has positioned them as...
Post
Dubizzle Group Partners with Takeem for Rental Solutions in UAE
Dubizzle Group has entered a strategic partnership with Takeem, a UAE-based rental protection platform, to enhance the rental market by providing a comprehensive Rental Guarantee solution. This initiative allows Bayut and Dubizzle to exclusively offer Takeem’s innovative protection plans, which aim to support landlords and tenants alike by mitigating rental risks. The partnership is timely,...
Post
Abu Dhabi Launches First Off-Plan Home Financing by ADIB
In a significant development for the real estate market, Abu Dhabi has introduced its first off-plan home financing solution, allowing prospective buyers to secure up to 75% funding from Abu Dhabi Islamic Bank (ADIB). This groundbreaking initiative spans the entire construction process, from the initial development stages all the way to the handover of properties,...
Post
India and UAE Launch 1,600-km Undersea Power Cable Project
India has announced an ambitious initiative to construct a 1,600-kilometer undersea power cable linking its energy grid with that of the UAE, representing an investment of INR 40,000 crore (approximately USD 5 billion). This mega-project aims to facilitate a mutual exchange of up to 2 gigawatts (GW) of electricity, thereby enhancing the cooperation on clean...
Post
Ghana and Abu Dhabi’s Global South Utilities Collaborate on Energy
The Energy Commission of Ghana has formalized a partnership with Global South Utilities (GSU), an investment firm based in Abu Dhabi, through a newly signed Memorandum of Understanding (MoU). This collaboration aims to enhance the efforts towards transitioning Ghana’s energy sector, focusing on promoting technical cooperation, knowledge exchange, and investment collaborations. As Ghana seeks to...