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 […]