Dr. Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade, has announced that investments from the United Arab Emirates in Belarus have now exceeded $4 billion. This significant milestone highlights the expanding economic relations between the two countries, characterized by a remarkable qualitative leap across various industries. Al Zeyoudi emphasized that the...
Sheikh Mohamed bin Zayed bin Sultan Al Nahyan, the ruler of Abu Dhabi, recently met with David Sacks, the United States Special Advisor on Artificial Intelligence and Cryptocurrency. This meeting took place as the United Arab Emirates (UAE) announced a significant $1.4 trillion investment framework aimed at bolstering its economic ties with the United States....
United Arab Emirates developers are set to invest more than $3 billion in luxury real estate projects in the Maldives by 2030. This significant investment is expected to transform the island nation from a solely tourism-focused destination into a lucrative second-home market for the ultra-wealthy, with potential returns of up to 20 percent, according to...
The United Arab Emirates is making important progress in establishing itself as a competitive player in the quantum computing sector. The government is investing resources into research, ensuring the preservation and proper management of the country’s vital assets. This approach aims to guarantee a continuous return on investment in the future of computing in the...
UAE’s NMDC Energy, previously known as National Petroleum Construction Company, is making a significant move into the offshore wind sector with plans to invest $500 million in a specialized offshore vessel. This marks a major shift for the company, which has traditionally focused on oil and gas projects. Speaking to The National, Ahmed Al Dhaheri,...
Arcapita Group Holdings Limited, a global leader in alternative investments, has moved to strengthen its regional presence by opening a new office in Abu Dhabi. The expansion follows the company’s recent approval from Abu Dhabi Global Market (ADGM) to operate in the UAE, signaling its commitment to the country as a key hub for private...