Trump seals $200 billion UAE AI deal In a groundbreaking move that is set to reshape the landscape of artificial intelligence (AI) development, the United Arab Emirates (UAE) has inked a monumental deal worth $200 billion with the United States. This deal will pave the way for the construction of a state-of-the-art AI facility in […]
Abu Dhabi institutions plan a dirham-pegged stablecoin
Abu Dhabi Institutions Plan a Dirham-Pegged Stablecoin In a move set to revolutionize the financial landscape of the United Arab Emirates, institutions in Abu Dhabi are gearing up to launch a dirham-pegged stablecoin. This innovative digital currency is poised to bring a new level of stability and efficiency to the region’s financial markets. One of […]
Abu Dhabi sets goal to become first AI government
Abu Dhabi Aims to Become the World’s First AI Government Abu Dhabi, the capital of the United Arab Emirates, is well on its way to setting a groundbreaking milestone in the realm of governance. With a substantial budget of around $3.54 billion allocated to this ambitious project, Abu Dhabi has set its sights on transforming […]
Synapsia signs major contract for AI-powered urban solutions in Abu Dhabi
Synapsia Signs Major Contract for AI-Powered Urban Solutions in Abu Dhabi Synapsia, a leading tech company specializing in AI solutions, has recently secured a groundbreaking contract for the development and implementation of AI-powered urban solutions in Abu Dhabi. This major deal not only marks a significant milestone for Synapsia but also sets the stage for […]
How Vacheron Constantin Is Engaging the Next Generation in Abu Dhabi
Vacheron Constantin: Inspiring the Next Generation in Abu Dhabi Luxury watch brand Vacheron Constantin recently marked its impressive 270th anniversary with a thought-provoking panel discussion in Abu Dhabi. The event, moderated by BoF’s Nick Blunden, brought together key figures including Vacheron Constantin’s heritage and style director Christian Selmoni, author and artist Alia Al Shamsi, and […]
BlackRock Secures License to Operate in Abu Dhabi
In a noteworthy development in the world of finance, BlackRock, the global investment management corporation, has obtained a commercial license to operate in Abu Dhabi. This strategic move, announced on November 18, 2024, highlights the firm’s increasing engagement with the Middle East, particularly in the realm of digital finance and technologies. This license opens the […]
New Abu Dhabi Fund Converts US Treasuries to Blockchain Tokens
In a notable shift within the digital finance sector, Abu Dhabi firms Realize and Neovision have come together to launch the Realize T-BILLS Fund. This innovative fund represents a significant development in investment strategies focused on U.S. Treasury ETFs, specifically through the utilization of blockchain technology. The fund aims to tokenize these traditional assets, thereby […]
Microsoft and G42 Establish AI Hubs in Abu Dhabi: A New Era for Artificial Intelligence
The landscape of artificial intelligence (AI) is rapidly evolving, and the United Arab Emirates (UAE) is positioning itself as a significant player in this global revolution. Recently, Microsoft partnered with G42 to establish two new AI hubs in Abu Dhabi, a move that underscores the UAE’s commitment to becoming a leader in AI technologies. These […]