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A Dubai-based fintech founded by two former McKinsey & Co. consultants has raised $48 million, underscoring continued investor confidence in Middle Eastern startups....
Indian private refiner Reliance Industries Ltd. purchased a shipment of Abu Dhabi's flagship Murban crude in recent days on an Intercontinental Exchange Inc. platform....
Reports of a new, cheaper UAE golden visa pilot program targeting Indian and Bangladeshi citizens have sparked excitement and confusion. Despite widespread circulation in Indian media, UAE authorities have not confirmed any policy changes....
Private-markets firms managing over $700 billion in assets are joining a growing wave of global investors expanding into the United Arab Emirates, drawn by its deep capital pools and largely unfazed by broader regional tensions....
Deutsche Bank AG said it re-hired Majed Julfar to oversee its business in the United Arab Emirates, one of the German lender's international locations earmarked for expansion....
United Arab Emirates-based companies have reached out to Italy's government with plans for a possible bid for Italian lender UniCredit SpA's Russia unit....
UBS Group AG is opening a new office in Abu Dhabi as the European banking giant seeks to capitalize on the flood of wealthy individuals leaving countries like the UK for low-tax cities across the Middle East....
Arabian Construction Co. has picked First Abu Dhabi Bank and HSBC Holdings Plc to advise on a planned initial public offering in the United Arab Emirates, adding to the rush of firms seeking to cash in on the country's booming property market....
A former banker at Standard Chartered Plc is launching a boutique advisory firm in Abu Dhabi, aiming to tap into the growing stream of institutional capital flowing between Asia, Europe and the Gulf....
International Holding Co., Abu Dhabi's largest listed company led by a key member of the emirate's royal family, is launching a $1 billion reinsurance venture with BlackRock Inc....
Abu Dhabi-based Lunate is taking a stake in Azura Partners, the fast-growing wealth manager started by former Julius Baer Group Ltd. executive Ali Jamal....