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Traders are driving the UAE hedge fund boom
Many firms are relocating to keep traders happy, drawn by zero income tax and expat-friendly policies
Dubai annual inflation sees slight uptick in May, reversing four-month downward trend
Most components of the basket showed only moderate price growth
Bitcoin.com sets up shop in Dubai
Plus: Mediclinic merges two of its hospitals
Hedge funds eye both Abu Dhabi and Dubai in strategic shift
Hudson is the new office adding to its 10-person Dubai team and marking a rare dual-hub strategy in the UAE
Emirates Properties Group launches AED 350 mn Dubai project + Emaar Misr plans another Egypt project
Plus: WeRide and Uber to test self-driving vehicles in Dubai this year
Edge, Italy’s Leonardo to build tech center in Abu Dhabi
Plus: New proton therapy center
AD Ports’ Kezad expands Al Ma’mourah project with business district
Plus: Emaar gets a credit rating upgrade from S&P Global
THIS MORNING: Pakistani PM arrives in the UAE + MGX to invest in OpenAI’s upcoming funding round?
AND- EU moves to delist UAE from money laundering blacklist
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