{"id":90847,"date":"2024-04-05T00:00:00","date_gmt":"2024-04-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/investment-platform-capital-com-establishes-regional-hq-in-the-uae\/"},"modified":"2024-04-05T00:00:00","modified_gmt":"2024-04-05T00:00:00","slug":"investment-platform-capital-com-establishes-regional-hq-in-the-uae","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/04\/05\/investment-platform-capital-com-establishes-regional-hq-in-the-uae\/","title":{"rendered":"Investment platform Capital.com establishes regional HQ in the UAE"},"content":{"rendered":"<p class=\"tag-border-left\"> STARTUPS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Capital.com establishes regional HQ in the UAE:<\/strong> Capital.com has established Capital Com MENA as its subsidiary, setting up its regional headquarters in the UAE after securing all necessary licenses, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b2gyi2k-capitalcom-opens-new-regional-head-office-uae\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The company is also set to participate in the government-led NextGenFDI initiative, which aims to help global companies set up and grow in the UAE. <\/p>\n<p class=\"tag-border-left\">FINTECH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Standard Chartered\u2019s innovation arm, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/scventures.io\/\" style=\"\" rel=\"noopener\">SCVentures<\/a><\/strong><strong>, and Old Mutual\u2019s venture building arm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.next176.com\/about\" style=\"\" rel=\"noopener\">Next176<\/a><\/strong><strong>, are working to launch a wealth management platform in the UAE<\/strong>, to serve clients across the Middle East and Africa and Southeast Asia, according to a <a target=\"_blank\" href=\"https:\/\/scventures.io\/sc-ventures-and-next176-to-launch-a-wealth-platform-that-makes-financial-and-wealth-planning-accessible-to-all\/\" style=\"\" rel=\"noopener\">statement<\/a>. The partnership will see the two investors merge wealth planning app Autumn and budget tracking app 22seven. <\/p>\n<p class=\"tag-border-left\">REAL ESTATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai South awarded a AED 1.5 bn contract to Al Kharafi Construction for phases<\/strong><strong> 3, 4, and 5 of the South Bay project due to high demand<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/dubai-south-awards-aed-15bln-contract-to-al-kharafi-construction-for-south-bay-new-phases-hty1q3js\" style=\"\" rel=\"noopener\">press release<\/a>. The company has launched phase four, which is set for completion in 1Q 2027, ahead of schedule. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> Last year, Dubai South Properties tapped Ginco General Contracting to oversee the construction of the initial two phases of the project and manage its infrastructure facilities.<\/p>\n<p class=\"tag-border-left\"> BANKING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/\" style=\"\" rel=\"noopener\">DP World<\/a><\/strong><strong> and Abu-Dhabi based <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.rakbank.ae\/\" style=\"\" rel=\"noopener\">RakBank<\/a><\/strong><strong> have inked an strategic <\/strong><strong>agreement to bolster UAE trade finance<\/strong>, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b2hjxa0-rakbank-world-join-forces-boost-uae-trade-finance\" style=\"\" rel=\"noopener\">Wam<\/a> reports. RakBank aims to boost its risk assessment capabilities and facilitate accessibility to business financing.<\/p>\n<p class=\"tag-border-left\">RETAIL-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Retail conglomerate GMG expanded its partnership with US-based apparel and <\/strong><strong>footwear company VF Corporation<\/strong> to open over 300 new VF brand stores across the region over the next five years, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/gmg-and-vf-corporation-extend-partnership-to-expand-footprint-across-mena-and-sea-tj4xyijt\" style=\"\" rel=\"noopener\">press release<\/a>. GMG currently operates 90 VF mono-brand stores in the MENA and SEA markets. <\/p>\n<p class=\"tag-border-left\">TRADE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IAG Cargo resumes Abu Dhabi service: <\/strong>London-based <a target=\"_blank\" href=\"https:\/\/www.iagcargo.com\/en\/home\/\" style=\"\" rel=\"noopener\">IAG Cargo<\/a> is set to reopen services between London and Abu Dhabi starting 20 April after a four-year hiatus, according to a <a target=\"_blank\" href=\"https:\/\/www.iagcargo.com\/en\/press\/iag-cargo-restarts-services-between-london-and-abu-dhabi-as-part-of-its-2024\/\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p class=\"tag-border-left\"> RESEARCH-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Climate change research at NYUAD, backed by Dolphin Energy: <\/strong>Gas company Dolphin Energy will sponsor an inaugural three-year Kawader Research Assistantship Program at New York University in Abu Dhabi (NYUAD), in a bid to prioritize environmental protection and mark off environmental sustainability goals, reports <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b2hjxuh-nyuad-dolphin-energy-sign-agreement-boost\" style=\"\" rel=\"noopener\">Wam<\/a>. The three-year program offers Emirati graduates the window to participate in academic research for sustainability and climate change. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>DP World | RakBank | GMG | Dubai South<\/p>\n","protected":false},"author":1,"featured_media":90848,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1552],"tags":[47,7,408,1342,1656],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-90847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enterpriseam-uae","tag-fdi","tag-investment","tag-research","wpautop","entry"],"acf":{"mongo_id":"a14fa1aa-c29c-489b-9245-0c93aae24546","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/588.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Investment platform Capital.com establishes regional HQ in the UAE","related_issue":[90823],"teaser":"DP World | RakBank | GMG | Dubai South","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.13de7524-e22e-45ec-9fc7-169abfc128ec.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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