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Dubai ranks eighth among global financial powerhouses

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Dubai / WAM Dubai has risen up the ranks of the Global Financial Centres Index (GFCI), to number eight position, representing its highest-ever ranking. The city is the only financial centre in the Middle East, Africa and South Asia (Measa) region to appear within the top 10 rankings, placing it alongside other pivotal financial hubs such as London, New York, ...

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ADGM launches instant licence renewal service

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Abu Dhabi / WAM In a continuous effort to improve business efficiency and ensure ease of doing business, the Abu Dhabi Global Market (ADGM), Registration Authority has launched an instant licence renewal service for entities registered at ADGM. According to a press release issued by ADGM on Monday, the new instant licence renewal service will allow registered entities to efficiently ...

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UK to open $25b contest for offshore wind farms

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Bloomberg The UK is set to open the first contest in a decade intended to draw as much as $25 billion of investment in offshore wind farms. The move in a competitive auction for leases where developers can plant large-scale turbines at sea will bring at least 7 gigawatts of new power generation capacity to the UK grid and speed ...

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