UAE

Shiba Inu's Shytoshi Kusama Calls This Nation 'Crypto Capital' After It Makes Digital Asset Transactions Tax Free
TSMC And Samsung Explore $100B Chip Megafactories In UAE Amid AI Boom And Global Expansion Plans: Report
Microsoft Wants Clarity On Chip Exports To Middle East Amid $1.4B Deal With UAE Firm
TSMC And Samsung Explore $100B Chip Megafactories In UAE Amid AI Boom And Global Expansion Plans: Report
Microsoft Wants Clarity On Chip Exports To Middle East Amid $1.4B Deal With UAE Firm
Russian President's Ally Accuses US Of Orchestrating Arrest Of Telegram Founder Pavel Durov In France: UAE Seeks 'Urgent' Consular Access
Microsoft's $1B Project With UAE Artificial Intelligence Giant Comes Under National Security Scanner

UAE Recent News

Tesla's Chinese Rival Nio Set To Enter UAE Market By Year-End As Beijing Deepens Middle East Ties
Nio recently received funding from Middle East-based investors and saw record-high deliveries of 20,544 vehicles in May.
Now, UAE Forges US Tie-Up With $1.5B Deal To Become Global AI Powerhouse
This agreement followed extensive negotiations between U.S. and U.A.E. officials, leading to G42's commitment to phase out Chinese system.
Ukraine And Russia Conduct First Prisoner Swap Since February Amid Ongoing War
The UAE, which also mediated the previous swap on Feb. 8, played a crucial role in this latest exchange.
Microsoft's UAE Deal Could Transfer Key US AI Tech Abroad Amid National Security Concerns
U.S. officials have expressed concerns about potential national security risks, including the possibility of AI systems facilitating the creation of weapons.
UAE Energy Minister Backs JPMorgan's Call For 'Reality Check' On Global Energy Transition
The United Arab Emirates'energy minister, Suhail Al Mazrouei, has expressed his support for JPMorgan's recent cautionary stance on the global energy transition.
Sam Altman Pitches Allied Nations To Join Forces On Boosting Global Infrastructure And Supply Chains For AI: Report
OpenAI CEO Sam Altman is advocating for a global coalition to support AI infrastructure development, including engaging with investors and government officials in the UAE and other countries to discuss the private sector's role in enhancing chip supply, energy, and data center capacity.
UAE Strikes $5.5B Deal With Hungary To Transform Budapest Neighborhood Into Dubai-Style Hub
In a recent development, the United Arab Emirates has sealed a $5.5 billion deal with Hungary to revamp a Budapest neighborhood, infusing it with a touch of Dubai's opulence.
Dubai's Emaar Properties To Invest $21B In Luxurious Housing Projects Amid Real Estate Boom
In a bid to capitalize on the thriving real estate market in Dubai, Emaar Properties is set to invest a whopping $21 billion in two high-end residential projects. The move comes as the city's property prices and rents approach record levels.
US Disrupts Russia's Financial Flows Via Warning To Global Banks Amid Ukraine War
The U.S. has successfully disrupted financial flows between Russia and countries such as Turkey, the United Arab Emirates, and Kazakhstan. This was achieved through a warning to foreign financial institutions of potential sanctions, according to a senior U.S. Treasury official.
Tesla Rival From China Teams Up With UAE Auto Dealer To Boost EV Game In Middle East
XPeng's global market dealer strategy revolves around forming alliances with local dealers to establish a top-tier distribution, sales, and service network in various regions.
Alibaba Partners With Saudi Arabia And UAE Firms As China Gets Closer To Gulf
This development comes at a time when the Gulf nations are strengthening their ties with China, seeking investments to diversify their economies beyond oil.
OpenAI CEO Sam Altman Eyes Trillions In Funding For Semiconductor And AI Initiative: Report
Sam Altman, the CEO of OpenAI, is reportedly in discussions with potential investors to secure trillions of dollars for a groundbreaking tech initiative. The project aims to transform the global semiconductor industry and enhance the capacity for AI.
Antony Blinken's Diplomatic Middle East Tour Aims To Quell Regional War Amid Ongoing Israel-Hamas War
U.S. Secretary of State Antony Blinken visits the Middle East to prevent regional war, focusing on the Gaza conflict and advocating for peace and civilian protection. Israel remains committed to combating Hamas.
Why Dalio, CZ And Other Billionaires Are Flocking To Abu Dhabi
Hedge fund billionaire Ray Dalio is one of a growing number of wealthy investors seeking opportunities in the UAE.
COP28 Climate Summit: A Moment Of Reckoning For Oil Execs, Or Just Déja Vu?
Focus will be on cutting use of fossil fuels, while carbon capture will remain controversial
Binance's CZ Caught In Stateside Limbo: Potential Prison Sentence Hangs In The Balance
Changpeng Zhao, the founder of cryptocurrency giant Binance, is currently required to stay in the United States as a federal judge deliberates over a motion from the U.S. Department of Justice.
Binance Founder Zhao Defies US Government's Flight Risk Accusations
Former CEO of crypto exchange Binance (CRYPTO: BNB) Changpeng Zhao is contesting the U.S. government's attempt to modify his bail terms.
EXCLUSIVE: 5ire CEO Unveils Transformative Blockchain Vision For Global Finance and Payments
Highlighting blockchain technology's transformative impact on global finance and the payment industry, Pratik Gauri, the CEO of 5ire on Monday delved into the global shift towards sustainable digital finance and the unique approaches of countries like the UAE, Nigeria, and Argentina in t
6 Stocks To Watch As The World Turns To The 2023 UN Climate Change Conference
New agreements are expected to be set in order to avoid a climate catastrophe within this century.
Standard Chartered, SBI Holdings Team Up For $100M UAE Digital Asset Joint Venture
SC Ventures, the venture capital arm of Standard Chartered, is partnering with Japanese conglomerate SBI Holdings to establish a digital asset joint venture investment company in the United Arab Emir
Blockchain Innovations Take Center Stage In Countries Such As Singapore
The 21st century is famously known for the rise of smartphones, social media, GPS navigation, drones and many other things including blockchain and cryptocurrency, two names that have also seen rapid growth. 
Former SoftBank Executive To Launch Dirham-Pegged Stablecoin, Says UAE Is The 'New Switzerland'
A new stablecoin pegged against the Dirham was launched which will protect consumers from high inflation rates in the U.A.E. 
Only 22 People In The World Have Over $1B In Crypto: Report
Nearly half of the global population ventured into cryptocurrency investments, yet only a minuscule fraction, precisely 22, amassed a fortune exceeding a billion dollars from these holdings, according to the 2023 C

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