Cryptocurrencies, Blockchain Are a Rerun of The Dotcom Mania
A new Technology Quarterly report from The Economist published in the September edition examines blockchain and cryptocurrencies. Tim Cross, The Economist’s science correspondent, takes...
Dubai to Offer Digital Currency Payments
Citizens and residents of Dubai will be able to make digital currency payments for school fees, bills and retail purchases with a stable cryptocurrency...
Abu Dhabi Launches E-Mortgage Services
HE Saif Badr Al Qubaisi, General Manager of Abu Dhabi City Municipality (ADM) cum Chairman of the Technology Committee at the Department of Urban...
ADGM Launches Crypto Asset Regulatory Framework
The new ADGM crypto framework instils proper governance, oversight and transparency over crypto asset activities
Abu Dhabi Global Market (ADGM), the International Financial Centre in...
The Top Ten Cryptocurrencies
As this infographic on Top Ten Cryptocurrencies created by Statista shows, Bitcoin is by no means alone in the world of digital assets. It is...
What Are Cryptocurrencies?
A potential new form of money that offers benefits while posing risks
Hundreds of them have sprouted, with fanciful names like Primecoin, Dash, and Verge....
‘No Coffee for Bitcoin’ Starbucks Clarifies
Starbucks has clarified that it will not be accepting Bitcoin (BTC) or other cryptocurrencies as payment, despite misleading reports from mainstream media.
Earlier last Friday,...
High Technology leads FDI Flows into Dubai
Dubai ranks first globally in the share of FDI in technology transfer
The digital transformation of international production, coupled with Dubai’s on-going transformation into a...
Regional Markets Set for Subdued Trading Activity
International markets ended last week’s trading on a mixed note with trade tensions and the G7 meeting in Canada being the main focus for...
How Will a State-issued Cryptocurrency Affect Market?
The history of the cryptocurrency is a short, but eventful, one. It was in 2009 that Bitcoin first appeared on the scene, the brainchild...
Global Debt at Record Heights
Global debt hit a new record high of $164 trillion in 2016, the equivalent of 225 percent of global GDP. Both private and public...
UAE’s Private Education Market Will Grow by 40% in 5 Years
According to a new report today by The Boston Consulting Group (BCG), entitled ‘Where to Invest Now in the GCC Private Education’, the UAE’s...
Dubai Holding to Launch Region’s First Digital Bank
Dubai Holding, the global investment holding company, has announced it will invest up to AED 1 billion over the next five years to launch...
Dubai’s Listed Firms on Roadshow to Woo Wall Street Investors
The Dubai Financial Market (DFM) International Investor Roadshow in New York 2018 has successfully strengthened links between listed companies and leading US-based investment funds....
Gold Demand in 2018 Gets off to Quiet Start as Investment...
Gold demand had a soft start to 2018, reaching 973 tonnes (t), the lowest first quarter since 2008. This was largely caused by a...
Financial Literacy for Individuals Becomes a Priority in UAE
UAE Banks Federation launches fully integrated handbook ‘Financial Literacy for Individuals’
Due to the increasing importance of financial awareness, the UAE Banks Federation (UBF), continues...
UAE Investors Invest US$16 Billion In Foreign Countries In 2016
The UAE International Investors Council, UAEIIC, today said that the UAE investors invested US$16 billion in foreign countries in 2016.
The semi-government institution, which works...
DIFC Named Best ‘International Finance Centre’
Dubai International Financial Centre (DIFC) has received the ‘International Finance Centre’ award at the WealthBriefing European Awards 2018, reinforcing its position as the leading...