Exclusive: Three nations in €100m battle for new SailGP franchise December 3, 2025 Three nations are locked in a €100m battle to join the SailGP grid as the sailing series expands to 14 teams, City AM can reveal. The fifth season of the competition concluded at the weekend in Abu Dhabi with British team Emirates GBR winning their first title. And the 12-team sailing competition will expand to [...]
Abu Dhabi Finance Week: Where global capital meets innovation December 3, 2025 The Abu Dhabi Finance Week (ADFW) has been rapidly growing over the past few years, scaling to become one of the largest global financial events of the year. With attendance growing by over 100 per cent, representation from over 125 countries and over 600 global institutions, it is on pace to be the biggest financial [...]
Shein’s former head of Europe relocates from London to Dubai November 26, 2025 The former head of Europe at e-commerce giant Shein has become the latest British executive to relocate to Dubai, City AM can reveal. Cui He, who was director of Europe at Shein from the beginning of 2023 until last month, according to her LinkedIn profile, has shifted her residency from London to the United Arab [...]
Will rich New Yorkers flee to London to escape Mayor Mamdani? November 11, 2025 In a rare reversal of the slow march of UK wealth towards the US – from entrepreneurs upping sticks to companies switching listings – New York City’s incoming hard-left mayor looks set to nudge some of the city’s richest towards London. American arrivals into the UK could soon be made up of an unlikely coalition [...]
Sabalenka to face Kyrgios in Battle of the Sexes in Dubai November 4, 2025 The United Arab Emirates will host a “Battle of the Sexes” tennis match between Aryna Sabalenka and Nick Kyrgios this year. Dubai’s Coca-Cola Arena will stage the first such match since 1992 when world No1 Sabalenka faces Australian Kyrgios, who reached a career-high 13th in 2016. “I have a lot of respect for Nick and [...]
Informa boss shifts residency to UAE October 31, 2025 The boss of a FTSE 100 company Informa has shifted his residency to the UAE and stepped back from his role in the House of Lords, to run the data and events firm from what is one of its fastest-growing regions. Lord Carter, who was the founding chief executive of media watchdog Ofcom, has relocated [...]
Abu Dhabi sets sights New York, London and Singapore October 30, 2025 Over the last decade, Abu Dhabi has attracted more than 300 financial firms, with a combined $28.6 trillion in assets globally, as the city positions itself as a global “capital of capital.” ADGM, Abu Dhabi’s international financial centre, revealed it has experienced rapid growth from financial firms over the last three years, increasing from 131 [...]
The Gulf gamble: American and British law firms racing to Saudi Arabia October 30, 2025 Saudi Arabia is rapidly becoming the focus of global legal attention. But this shift is not merely speculative; it is part of a calculated move by the Kingdom to attract world-class expertise. The Kingdom of Saudi Arabia changed its law two years ago to allow foreign law firms to operate independently, as part of its [...]
Revolut boss abandons UK residency in favour of UAE October 7, 2025 The boss of London-born fintech juggernaut Revolut has abandoned his main residency in the UK in favour of the United Arab Emirates. Nik Storonsky’s updated residency was posted in fresh Companies House filings on the fintech chief’s family company on Tuesday. The move comes mere weeks after Revolut pumped £3bn into the UK as it [...]
UK fintech holds European crown but UAE threat looms September 11, 2025 UK fintech maintained a heavy level of activity in the first half of 2025 but faced new threats from growing financial hubs. Over 70 significant acquisitions of smaller rivals or complementary businesses were reported in the UK and Europe over the half. This represented a 50 per cent bump on acquisitions compared to the previous [...]