investment

Nvidia reports record-breaking earnings: How the chip maker is revolutionizing the AI market

During the pandemic, the shift to remote work raised demand for data centers that could enable cloud-based computing, accelerating Nvidia’s revenues even further

China’s Ministry of Finance lists $2 billion bonds on Nasdaq Dubai

Chinese entities have had a notable presence on Nasdaq Dubai, with over $22 billion in debt listed to date

Future Fund Oman launches investment projects worth over $2 billion

The projects span 10 key sectors, including technology, manufacturing, tourism, renewable energy and electric vehicles

UAE sukuk auction: Bids exceed $1.48 billion with 4.9 times oversubscription

This issuance is part of the UAE's Islamic Treasury sukuk issuance program for the fourth quarter of 2024

UAE President, King of Jordan discuss bilateral ties and regional developments in Abu Dhabi

Both leaders affirmed support for Lebanon's unity and sovereignty, expressing solidarity with its people

Mubadala, French Safran join forces to drive aerospace growth in UAE

This enhanced strategic framework agreement focuses on key areas of Maintenance, Manufacturing, Human Capital Development, Advanced Material and Space

7X partners with Etihad Credit Bureau to leverage advanced credit reports

This partnership provides 7X access to the Bureau's credit data platform to assess its partners' credit stability 

Bitcoin surges to record high $97,892 on Trump’s potential crypto plans

Since the US election, more than $4 billion has streamed into U.S.-listed Bitcoin exchange-traded funds

Dubai real estate market on track for 30 percent sales growth by end of 2024

Annual sales transaction volumes have now surpassed 151,000 and have eclipsed 2023 year-end sales by 13.4 percent

Sheikh Hamdan bin Zayed attends groundbreaking ceremony of Ruwais LNG Project in Al Dhafra Region

ADNOC is investing approximately AED175 billion in the Ruwais LNG, Hail and Ghasha, Borouge 4 and TA’ZIZ mega-projects

Global spending on AI reaches over $120 billion in 2023: SDAIA

SDAIA Director of National Information Center noted that over 72 percent of organizations use AI for operational excellence