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Billionaire Michael Platt’s private investment firm, BlueCrest Capital Management, has obtained full regulatory authorization from the Dubai Financial Services Authority (DFSA). This approval allows the firm to hire traders and manage capital from Dubai, a city that has increasingly become a hub for money managers in recent years. According to sources familiar with the situation,...
BridgeWise Launches UAE Operations with DIFC License and Investment from Emirates NBD, an AI-powered investment intelligence platform, has officially launched its operations in the UAE after securing a license from the DIFC. This achievement marks a significant step in the company’s global expansion strategy and enhances its position in one of the world’s leading fintech...
The International Free Zone Authority (IFZA) has strengthened its strategic partnership with the Bundesverband mittelständische Wirtschaft e.V (BVMW) to promote business and investment opportunities in the United Arab Emirates (UAE) at the Zukunftstag (Future Day) event held in Berlin. This initiative aims to enhance the commercial and economic ties between the UAE and Germany. This...
DP World has officially announced the commencement of construction for Bharat Mart in Dubai, a significant development set to enhance trade opportunities for Indian exporters. This massive project will span 2.7 million square feet and is designed as a B2B and B2C marketplace, with an expected opening by the end of 2026 in the Jebel...
Avaloq, a well-established player in private banking, wealth management, and investment management technology, has officially opened its new regional office in the Dubai International Financial Centre (DIFC). This move comes after the company signed a partnership with InvestGB, the wealth and investment management arm of Gulf Bank, and secured another major client in the Gulf...
Dubai International Financial Centre (DIFC) has announced that residential sales for its upcoming Heights Tower will begin on April 16. This development will feature 366 luxury residences, ranging from one-bedroom apartments to four-bedroom duplexes, and is positioned on the last plot within the original DIFC district. Heights Tower, developed by DIFC Developments, aims to establish...
Ras Al Khaimah Economic Zone (RAKEZ) has announced a significant partnership with Koshima, a company recognized for its expertise in Artificial Intelligence (AI) education and consulting. This collaboration aims to empower businesses by providing a practical approach to AI, which enhances operational efficiency, optimizes costs, and fosters business growth. The partnership, which is the first...
The International Free Zone Authority (IFZA) is broadening its international reach, emphasizing its commitment to supporting the growth of the UAE economy. Martin G. Pedersen, the Chairman of IFZA, highlighted that Dubai is increasingly viewed as a launchpad for global entrepreneurs, bolstered by the UAE’s top ranking in the Global Entrepreneurship Index of 2022, where...
The Jebel Ali Free Zone Authority (Jafza) has announced an investment of 90 million dirhams aimed at developing the second phase of its logistics complex. This expansion will add over 360 000 square feet of space to the existing facilities, enhancing Jafza’s capability to support growing business demands. Jafza’s expansion reflects its commitment to bolstering...
The AWS GenAI Loft Dubai is poised to significantly enhance the UAE’s reputation as a leader in AI innovation and investment. Taking place from April 7 to 11, 2025, at the Dubai International Financial Centre (DIFC) Innovation One, this event will gather business leaders, investors, developers, startups, and AI enthusiasts to explore cutting-edge AI technologies...