DUBAI / WAM Dubai International Financial Centre (DIFC) has registered its 100th hedge fund, reflecting its dominance in the sector and successful journey to becoming a top five global hub for the industry. The number of hedge fund managers doubled from 50 at the start of 2024 and 81 are billion-dollar AUM managers. During 2025, new arrivals include Baron Capital …
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SHARJAH / WAM His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member, Ruler of Sharjah and Chairman of the Sharjah Council for Higher Education and Scientific Research (SCHESR), chaired the meeting of the Permanent Executive Committee of the Council on Monday morning. Present were HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah …
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ABU DHABI /WAM On 9th December, the Astana International Financial Centre (AIFC), together with the Embassy of the Republic of Kazakhstan to the UAE and the Embassy of the UAE to the Republic of Kazakhstan, held the “AIFC Connect: Abu Dhabi 2025” business event in Abu Dhabi. The event aimed to strengthen investment cooperation between the two countries, present Kazakhstan’s …
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ABU DHABI / WAM The UAE government has issued a Federal Decree-Law amending several provisions of the Civil Procedures Code, marking another leap aimed at developing the procedural structure of the civil judiciary and improving the quality of judicial work to meet the standards of contemporary justice. The new legislation includes regulating the direct establishment of inheritance courts through a …
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ABU DHABI / WAM Strategic Development Fund (SDF), an Abu Dhabi-based investment entity wholly owned by EDGE Group, announced the signing of an initial partnership and investment agreement with Machina Labs, a US-based leader in next-generation AI-driven manufacturing and robotics, following discussions finalised at the Dubai Airshow 2025. This collaboration establishes a framework to work towards creating a joint venture …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to Captain Ibrahim Traore, President of Burkina Faso, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, …
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ABU DHABI / AD MEDIA OFFICE The Abu Dhabi Investment Office (ADIO) has entered into a strategic partnership with China International Capital Corporation (CICC), one of Asia’s leading investment banks, to establish an investment corridor that will accelerate two-way capital flows between Abu Dhabi and China. The partnership coincides with the launch of Abu Dhabi’s new FinTech, Insurance, Digital and …
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DUBAI / WAM The First UAE–Russia Business Forum, a key event on the business agenda of both countries, opened today in Dubai. The forum, which is set to become an annual event, is organised by the Russia–UAE Business Council (RUBC) jointly with the Roscongress Foundation and with the support of the Ministry of Industry and Trade of the Russian Federation …
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ABU DHABI / AD MEDIA OFFICE Mubadala Investment Company, an Abu Dhabi sovereign investor, and Aldar have launched a landmark joint venture to expand Al Maryah Island, unlocking the next phase of growth in the international financial district and further enhancing Abu Dhabi’s global position as the Capital of Capital. With a gross development value exceeding AED60 billion, the north …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz of Saudi Arabia, on the passing of the mother of Prince Mishaal bin Badr bin Saud bin Abdulaziz Al Saud. His Highness Sheikh Mohammed bin Rashid Al Maktoum, …
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