Financial markets are undergoing significant changes, with artificial intelligence (AI) increasingly influencing investment management. A notable example of this shift is the Galileo FX, an AI-driven bot that reportedly achieved a remarkable 500% return on a $3,200 investment in just one week. Additionally, the introduction of Deepseek is set to enhance processing capabilities, further advancing...
UAE-based wealth management firm Capital Haus has made a significant investment by acquiring an 11.6% stake in Equity Story, a financial media and investment advisory firm that is listed on the Australian Securities Exchange (ASX). The acquisition involves 19 230 770 shares purchased at a price of 2.6 Australian cents per share, which will be...
A new alliance formed by 41 Egyptian private companies is set to enhance exports to Arab countries, aiming to support economic growth in the region. The establishment of the Arab Alliance for Industrial Investment is anticipated to be finalized next week, according to Mohamed El-Bahi, a board member of the Federation of Egyptian Industries. This...
A significant influx of German millionaires is evaluating the prospect of relocating to the United Arab Emirates (UAE) due to increasing political tensions and economic uncertainty across Europe. This observation comes from a recent survey conducted by Arton Capital, a global investor migration consultancy. The survey targeted 1,000 German residents with a net worth of...
The United Arab Emirates (UAE) has been recognized as one of the world’s top 10 countries for next-generation opportunities, primarily due to its Golden Visa program. The UAE secured the seventh position in the Henley Opportunity Index released by Henley and Partners, achieving high scores in employment prospects, earning potential, and economic mobility. In this...
Falcon, a Dubai-based aviation company, is set to invest $100 million to enhance its aircraft maintenance, repair, and overhaul facility located in the Mohammed Bin Rashid Aerospace Hub, a free zone in Dubai South. This significant investment will be rolled out over the next five years and includes plans to build a new private jet...
Aqua Bridge, an aquaculture company based in the UAE that is connected to the powerful Al-Maktoum family in Dubai, has announced plans to build an aquaculture farm and study center in Uttar Pradesh, India. The project, which wants to help India’s growing aquaculture industry, will need an initial investment of $461 million. In the town...
Abu Dhabi is quickly becoming a major player in the field of artificial intelligence (AI). This is because it recently launched MGX, a specialized fund that has recently joined Donald Trump’s Stargate project to improve American AI capabilities. Many people are calling this project the start of a new golden age for the Gulf area....
Databricks, a leader in data intelligence, has announced a plan to invest up to $300 million in the Kingdom of Saudi Arabia over the next five years. This investment aims to help the growing local customer base integrate data, analytics, and AI through the Databricks Data Intelligence Platform. During the LEAP 2025 conference, Databricks unveiled...
Abu Dhabi is intensifying efforts to boost investments with China, anticipating that bilateral trade will reach $200 billion by 2030. The Abu Dhabi Department of Economic Development (ADDED) is leading an economic delegation to China as part of this initiative, aiming to strengthen the emirate’s role as a global hub for talent, businesses, and investments....