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Business & Investments

UAE Well-equipped to Weather AI Investment Volatility in Light of Global AI Rivalry

Dubai, 4 February 2025- The recent shake-up in the AI sector triggered a wave of uncertainty, raising questions about AI market valuation, a sector that has become key for global economic strategies and future innovation plans.

With the Middle East, and especially the UAE, relying heavily on the tech sector for data infrastructure and as part of its diversification away from oil, significant funds have been allocated to AI, data, and innovation.

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Business & Investments

NASDAQ Reaches All-Time Highs: Is AI Shaping a New Economic Age?

NASDAQ Reaches All-Time Highs: Is AI Shaping a New Economic Age?

Collaborations with NASDAQ giants expected to contribute to 19.4% of the UAE’s GDP from the tech sector in the next 10 years

Dubai, 19 June 2024- The exponential growth of AI is propelling NASDAQ to all-time highs. In fact, with NASDAQ Futures approaching the 20,000 threshold, US 100 retests the upper border of its up-trending channel since October 2022.

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Business & Investments

UAE-based Investors Tapping into the US Equities Market

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UAE-based Investors Tapping into the US Equities Market

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Dubai, 23 October 2023-  In the past years, investors based in the GCC have shown a rising interest in investing in the US Equities market, in addition to their activity on the vibrant GCC Equities markets, especially in the UAE and KSA. This has driven trusted trading companies to cater to such ambitions by providing exclusive advantages that allow them to tap into the full potential of the US Equities market which houses iconic exchanges, such as the New York Stock Exchange (NYSE) and NASDAQ.

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