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Bloomberg’s deep dive into the growth of the UAE’s stock exchanges — and the role of state companies like International Holding Company in that success — was the biggest story on the UAE during the Eid al Fitr break. The business information service spoke to several investors and experts, as well as IHC CEO Syed Bsar Shueb, about the complex dynamics of capital markets and foreign vs. local investments in the country.
Also getting attention: The UAE’s race towards becoming an AI giant — especially as Saudi Arabia looks to ramp up its infrastructure, with both looking at ways to move up the AI ladder, including offering subsidies to cloud providers.
