by PREMA Team | Feb 4, 2025 | Business
The UAE attracted more than $30 billion in cryptocurrency investments last year, data from forex.com showed. Over the past decade, the UAE has become a haven for retail and institutional investors seeking to expand their crypto portfolios. Ranked among the top 10...
by PREMA Team | Feb 4, 2025 | Business
The Dubai Financial Services Authority (DFSA) has co-lead a report along with the UK’s Financial Conduct Authority (FCA). The report, on behalf of the Global Financial Innovation Network (GFIN), provides key insights on the use of consumer-facing AI in global...
by PREMA Team | Jan 31, 2025 | Business
Dubai Financial Market Company has announced its consolidated results for the fiscal year ending on December 41, 2024, highlighting a 24 per cent increase in net profit (pre-tax) to AED409.3m ($111.4m), compared to AED329.6m ($89.7m) in 2023. The growth was...
by PREMA Team | Jan 29, 2025 | Business
Revenue in the UAE’s e-commerce market is projected to grow at 8.39 per cent from $33.97 billion (Dh125 billion) in 2025 to $46.88 billion (Dh172 billion) by 2029, according to a report by Statista.com, a global online market intelligence provider, as consumers in the...
by PREMA Team | Jan 28, 2025 | Business
DP World is collaborating with leading financial institutions and technology providers to tackle inefficiencies in cross-border payment systems that have long hindered global commerce. The company aims to address critical challenges faced by customers in emerging...
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