UAE-based Phoenix Technology Consultants has signed a $650 million order for crypto mining rigs, one of the largest purchases on record, CEO Munaf Ali said at the World Digital Mining Summit (WDMS), …
( read original story …)
U.S. concerned by UAE foreign minister’s meeting with Syria’s Assad
The United States is concerned by a meeting between the Emerati foreign minister and Syrian President Bashar al-Assad on Tuesday, State Department spokesperson Ned Price said, urging states in the …
Fears for ‘framed’ Brit jailed in Dubai as he ‘vanishes’ after vowing to expose cops
Football coach Billy Hood, 24, from London, was locked up for possessing CBD vape oil but his worried family say he has not been in contact with them since he was transferred to a jail in Abu Dhabi …
HRH Crown Prince and Prime Minister’s fruitful outcomes of UAE visit praised by Finance Minister
The minister made the statements as he participated in the official delegation that had accompanied His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, during …
( read original story …)
Standard Chartered launches the UAE’s first Sustainable Account
Standard Chartered announced today the launch of the UAE’s first Sustainable Account (SA). This new product, offered to …
( read original story …)
UAE foreign minister meets Assad, in highest-profile Emirati visit to Syria since start of war
The United Arab Emirates Foreign Minister Sheikh Abdallah bin Zayed met Syrian President Bashar al-Assad in Damascus on Tuesday, in the most senior Emirati visit to the country since the start of …
UAE pushes for ‘inclusion and resilience’ at UN’s top table
The UAE will push for “inclusion and building resilience” as a way to end wars and crises during its coming term on the UN Security Council, deputy ambassador Mohamed Abushahab said on Tuesday.
Dubai: Oversupply in property market is a thing of the past, says Danube founder
Oversupply in Dubai is a thing of the past and developers should not worry about it as demand is strong and there are no new mega project launches that can cause massive oversupply again in the market …
( read original story …)
Abu Dhabi’s ADNOC Distribution posts net profit worth Dhs1.7bn for first nine months of 2021
Abu Dhabi’s ADNOC Distribution reported that its earnings before interest, taxes, depreciation, and amortisation (EBITDA) equalled Dhs2.3bn, with a net profit of Dhs1.7bn for the first nine months of …
( read original story …)
Mashreq Bank Hit With $100 Million N.Y. Fine Over Sudan Violations
Mashreqbank PSC, Dubai’s third-biggest bank, will pay $100 million to settle allegations that it violated U.S. sanctions by illegally processing more $4 billion of payments tied to Sudan, a New York …
( read original story …)
UAE: Drones and poetry thrill audience at Sharjah International Book Fair
Children pilot drones while grown-ups hear from leading Emirati folk poets at SIBF 2021 Sharjah: UAE schoolchildren piloted drones at Sharjah International Book Fair (SIBF) to learn the basics of …
Abu Dhabi awarded ‘City of Music’ status by UNESCO
Abu Dhabi has been officially designated as a ‘City of Music’ by the UNESCO Creative City Network. The designation was announced on Monday by the United Nations Educational, Scientific and Cultural …
UAE FM visit signals Arab world willing to engage with Syria
The foreign minister of the United Arab Emirates met with Syria’s once widely shunned president in Damascus on Tuesday, sending the strongest signal yet that the Arab world is willing to re-engage …
UAE top diplomat on first Syria visit in over a decade
The United Arab Emirates’ top diplomat met Syria’s President Bashar al-Assad in Damascus Tuesday, state media said, in the first such visit by a top UAE official since Syria’s war began 10 years ago.
UAE foreign minister meets Assad, most senior Emirati visit to Syria since war began
The United Arab Emirates foreign minister met President Bashar al-Assad in Damascus on Tuesday, the Syrian presidency said, a sign of improving ties between Assad and a U.S.-allied Arab state that …
UAE: Britain’s youngest pilot dreamt of attending F1; these Abu Dhabi brands took to Twitter to make it happen
First, little Jacob Newson, known as Jacob the Pilot, conquered the skies. Now, thanks to a few top Abu Dhabi brands, another one of his dreams – to experience the – is coming true. Several brands, …
Top UAE Official in First Syria Visit in a Decade, Reports Say
The United Arab Emirates foreign minister arrived in Damascus Tuesday in the first visit to Syria by a top Emirati official in a decade, according to media reports, the latest sign of improving ties.