Bitget, recognised as the world’s largest Universal Exchange (UEX), has published its October 2025 Transparency Report, showcasing another month of exceptional institutional inflows, rapid product expansion, and strong community momentum. The results highlight how Bitget’s UEX model is reshaping contemporary finance by merging the strengths of centralised systems, decentralised innovation, and practical real-world accessibility in one unified platform. One of the standout insights came from the collaborative Bitget x Nansen analysis, which revealed a significant $23.1 billion increase in institutional liquidity passing through the exchange. The study showed a marked rise in institutional engagement on Bitget’s spot markets, jumping from…
Author: Sam Allcock
Sam Allcock
Sam Allcock is a seasoned journalist and digital marketing expert known for his insightful reporting across business, real estate, travel and lifestyle sectors. His recent work includes high-profile Dubai coverage, such as record-breaking events by AYS Developers. With a career spanning multiple outlets. Sam delivers sharp, engaging content that bridges UK and UAE markets. His writing reflects a deep understanding of emerging trends, making him a trusted voice in regional and international business journalism. Should you need any edits please contact editor@dubaiweek.ae
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) is set to participate in the International Council of Museums (ICOM) General Conference 2025, hosted at the Dubai World Trade Centre from 11 to 17 November. This year’s event is themed ‘The Future of Museums in Rapidly Changing Communities’. Representatives from DCT Abu Dhabi will join a broad international gathering of cultural leaders, including directors of major museums, architects, artists, academics, curators and educators. Their contributions will help advance discussions on the evolving role of museums and their impact on global cultural cooperation. His Excellency Mohamed Khalifa Al…
Workday, Inc. (NASDAQ: WDAY), the enterprise AI platform for managing people, money, and agents, has announced that Zakaria Haltout has been appointed group vice president, operating from the United Arab Emirates. His appointment aligns with Workday’s regional expansion as it introduces its AI-driven capabilities to one of the world’s fastest-developing markets. With more than two decades of experience across technology, IT, and energy sectors in the Middle East, Haltout brings extensive leadership expertise. In his new position, he will be responsible for establishing and growing Workday’s direct footprint in the region, strengthening local teams, enhancing the partner network, and supporting…
Two UAE racers are taking part in the landmark event in Malaysia, with Zain Elhommosany aiming to continue the momentum from his recent Nations Cup triumph in Qatar. FIA President Mohammed Ben Sulayem has emphasised that the inaugural FIA Karting Arrive and Drive World Cup, which begins today, is helping break down financial and technological barriers traditionally linked to karting, with the aim of expanding access and encouraging greater participation worldwide. The long-awaited World Cup is being staged for the first time, featuring junior and senior competitors on Asia’s largest karting circuit, the LYL International Circuit in Malaysia. Taking place…
Tabadulat, the Shariah-compliant brokerage platform regulated under Abu Dhabi Global Market (ADGM) and holder of an In-Principle Approval from ADGM’s Financial Services Regulatory Authority (FSRA), has joined the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), the leading global body setting standards for Islamic finance. The new membership underscores Tabadulat’s dedication to maintaining the highest standards of Shariah compliance, governance, and transparency, while further developing its range of ethical investment products designed for Muslim investors worldwide. Established in 1991 and headquartered in Bahrain, AAOIFI is a non-profit international organisation that sets Shariah, accounting, auditing, governance, and ethics standards for…
US$131 million Riyadh Shooting Range & Entertainment Complex to create more than 2,300 jobs and attract 400,000 visitors annually The Events Investment Fund (EIF) — launched by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, under the National Development Fund (NDF) — has announced the development of its first flagship project, the Riyadh Shooting Range & Entertainment Complex. Representing an investment of over SAR 491 million (US$131 million), the project marks a significant step in strengthening the Kingdom’s growing sports, culture, tourism, and entertainment sectors. The announcement took place…
Gulf International Bank (GIB) has announced strong financial results for the third quarter ending 30 September 2025, reflecting continued profitability, disciplined cost control, and effective income diversification. For the three months ending 30 September 2025, net profit attributable to shareholders reached $48.0 million, marking a 27% increase compared with $37.9 million in the same period last year. The rise was supported by growth in non-interest income, which increased by 7% to $57.5 million from $53.9 million. Operating expenses remained stable at $112.1 million, recording only a modest 2% rise — a reflection of the Bank’s strong commitment to cost efficiency.…
Year-to-date revenue for 2025 up 48.8% to AED 1.74 billion Q3 2025 revenue rises 15.3% to AED 652.9 million; EBITDA up 14.4% to AED 131.8 million Backlog increases to AED 3.7 billion, up from AED 1.6 billion a year earlier Presight AI Holding Plc (“Presight” or “the Company”; ADX: PRESIGHT) has announced its third-quarter 2025 financial and operational results, showcasing another strong performance fuelled by accelerating international growth and continued operational resilience. Revenue for the third quarter reached AED 652.9 million, representing a 15.3 percent increase compared to the same period in 2024. Earnings before interest, tax, depreciation, and amortisation…
BHM Capital Financial Services, one of the UAE’s leading financial institutions and a key player in the country’s capital markets, has reported strong third-quarter results for 2025. The company’s performance reflects solid growth across all core business areas, supported by strong governance, innovation, and growing client confidence. Total income for the quarter reached AED 152.7 million, marking a 29.48% rise year on year. Net profit climbed to AED 38.6 million, representing a 41.38% increase compared with the same quarter of 2024. The firm also saw substantial client growth, with 28,509 new accounts opened – accounting for 42% of all new…
More than 2,100 students graduate, setting a new record for Dubai’s biggest UK university The Class of 2025 follows the university’s largest-ever intake of nearly 3,000 students this academic year H.E. Mohamed AlMulla: Education forms the foundation of lasting development and innovation Middlesex University (MDX) Dubai, the UAE’s leading British higher education institution, has reached a major milestone as over 2,100 students from the Class of 2025 officially graduate – the largest cohort in the university’s 21-year history. The figure represents a notable increase from the 1,500 graduates of 2024 and underscores the university’s expanding academic footprint in technology, innovation,…