What unexpected investments are the world’s wealthiest pursuing amidst 2024’s economic uncertainties? Here is what UAE finance and wealth experts told Arabian Business
investors
Latest in investors
DFM
DFM reports strong financial results for 9M 2023, net profit up 109%
Number of registered investors go past the one-million mark; Successful roadshows help attract a large number of foreign investors
BHM Capital
Dubai’s BHM Capital successfully integrates with DFM for seamless trading
The integration gives BHM Capital the authority to enable fast and seamless on-boarding and opening of trading accounts
financial crisis
Investors heave sigh of relief as Wall Street equities gain, US Treasury yields rise
The US Treasury yields rose on optimism that stress in the banking sector could be contained
Abu Dhabi
Abu Dhabi reveals new health insurance for expats, investors
The flexible health insurance policy benefits expatriates residing in the emirate who work in the private sector
food insecurity
Middle East, Africa riskiest investments in the world: Report
Syria, Yemen, and Libya were on the list of the highest-risk countries in the third quarter of 2022
Berkshire Hathaway
Warren Buffet donates $758 million of Berkshire stocks to family-owned charities
Bill & Melinda Gates Foundation, which has received over $32 billion from the Oracle of Omaha, is not among the recipient this time
cloud
With its cloud business zooming 38 percent, SAP easily beats forecast
The German company said it is on track to meet full-year guidance; total revenue grew 5 percent in currency-adjusted terms to 7.84 billion euros
Entrepreneurs
UAE Green Visa: Guide and how to apply for the freelance, self-employed visa
New UAE Green Visa rules came into effect earlier this month. Here’s how to begin the application process
Abu Dhabi
UAE hospital group Burjeel seeks local investors ahead of IPO
The company will now focus on its domestic market instead of US investors
Abu Dhabi
Abu Dhabi, Bahrain bourses launch digital exchange hub ‘Tabadul’
Tabadul will allow investments across the two bourses, as well as enable investors to trade directly on both exchanges through licensed brokers in both markets
angel investments
How to raise capital in the UAE
Remember, don’t just have figures in a vacuum – show your reasoning, because investors are going to press you on your research
business funding
Swipe right? The business of finding your perfect (co-founder) match
Investors often prefer a startup with two co-founders, which is why single founders who have started a business and wish to scale through funding set out to find a co-founder
Bahrain
Bahrain’s Rain launches advanced crypto trading service for ‘savvy’ investors
The leading platform wants to attract active and advanced crypto traders in the region
corporate culture
Why are investors paying more attention to “human capital management”?
If you’re thinking about investing in a plan that’s labelled as an ESG strategy, be sure the title is earned – and that it’s not a case of “greenwashing”
Global Growth Hub
Global Tech Advocates sets up Middle East network to connect entrepreneurs, investors, private sector and policy makers
The UAE, alongside other Gulf countries, is turning to entrepreneurship as the country rapidly diversifies its economy, moving away from reliance on petrochemicals towards a knowledge-based economy
CBUAE
Ease of doing business for investors and entrepreneurs improves with UAE Ministry’s digital system
In its bid to improve the UAE’s allure as an ideal digitally advanced hub for businesses, the new digital attestation services will streamline procedures and boost the quality of services provided