UAEInvestment

British Billionaire Brothers Exit UK as Wealth Exodus Accelerates

5 days ago

In a significant development reflecting the growing trend of high-net-worth individuals leaving the United Kingdom, British billionaires David and Simon Reuben have officially relocated to the United Arab Emirates (UAE). The move comes amidst increasing concerns over taxation and economic stability in the UK, a trend that seems to be accelerating as more wealthy individuals seek greener pastures abroad.

Hedge Fund Titan Sculptor Capital Expands Footprint in Abu Dhabi

18 days ago

In a strategic move reflecting the growing allure of the Middle East as a financial hub, Sculptor Capital Management, a prominent hedge fund based in New York, has announced its decision to set up operations in Abu Dhabi. This initiative comes in the wake of pressing global economic shifts, including the search for new investment opportunities and favorable regulatory environments.

United Arab Emirates Commits $40 Billion Investment in Italy: A Game Changer for Economic Relations

2 months ago

In a monumental announcement on February 24, 2025, Italian Prime Minister Giorgia Meloni revealed that the United Arab Emirates (UAE) is set to invest a staggering $40 billion in Italy. This landmark agreement marks a significant step forward in strengthening economic ties between the two nations and is expected to create thousands of jobs while bolstering various sectors of the Italian economy.