UAE welcomes Crypto.com’s decision to set up regional base in Dubai and its support for inaugural Investopia conferenceCrypto.com aims to play a …
Sharjah Ruler releases “210” inmates on the occasion of Ramadan
Sharjah24: His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has ordered the release of 210 inmates from the penal and correctional institution in …
Ramadan 2022 in UAE: Rules to display Iftar snacks in front of Sharjah eateries announced
Iftar snacks can be put up for display outside eateries in Sharjah during the holy month of Ramadan, it was announced on Monday. Restaurants, cafeterias and bakeries need to get a permit from the …
Ramadan 2022 in UAE: Sharjah announces free parking hours
Sharjah has announced free parking near mosques for the Taraweeh prayer period during the holy month of Ramadan. Public parking is subject to fees from 8am until midnight, according to Obaid Saeed Al …
Abu Dhabi sovereign fund pausing Russia investments, CEO says
Abu Dhabi’s Mubadala Investment Company is pausing investments in Russia, which represent less than 1% of its portfolio, because of the Ukraine crisis, the chief executive of the $243 billion …
UAE reaffirms OPEC+ commitment, says West must be ‘reasonable’
The United Arab Emirates on Monday urged Western countries to be “reasonable” in their expectations, underlining its commitment to the global OPEC+ energy alliance.
Wealthy Russian investors are snapping up luxury properties in Dubai amid Western sanctions, a report says
Wealthy Russians have been moving their money to Dubai which, unlike Western countries, hasn’t imposed financial sanctions against Russia.
Dubai’s Emirates marks 30 years of inflight entertainment, connectivity
Emirates’ inflight entertainment system, originally launched in 2003 with 500 channels, today offers every passenger over 5,000 channels of on-demand movies, music, TV shows, bo …
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UAE calls for positive, pragmatic approach to energy transition
The UAE has called for a positive, pragmatic approach to energy transition and practical climate action to ensure energy security and economic progress. That current volatility in energy markets is a …
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Dubai based Tristar picks up majority stake in HK firm for $215m
Once the deal is finalised, Tristar will acquire a majority holding in a well-diversified portfolio of oil storage, distribution and retail assets owned by HGSI. The storage compa …
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Dubai-Based VC Firm Wanting To Take Blockchain To the Next Level
Cypher Capital is launching a $100 million seed fund aimed at investing in digital assets including crypto currencies. Its founder, Bijan Alizadeh, also wants to invest in talent in the MENA region.
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Ramaphosa tells Dubai Expo of immense benefits of doing business in SA
President Cyril Ramaphosa says SA has the necessary skills and capabilities to take investors’ businesses to new heights. Delivering a keynote address at the SA National Day at the Dubai Expo 2020 on …
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Emirate of Sharjah markets 8-year Islamic bonds
Sharjah’s initial price guidance was between 155 and 160 basis points (bps) over seven-year U.S. Treasuries for the sukuk …
Abu Dhabi sovereign fund Mubadala must pause Russia investments, CEO says
Abu Dhabi sovereign fund Mubadala Investment Company has to pause investments in Russia, which represent less than 1% of its portfolio, its chief executive said on Monday.
Abu Dhabi to list 13 new companies in ADX before year-end – Sky News Arabia
Abu Dhabi aims to list 13 new companies on the ADX before the end of this year and reach a market value of three trillion dirhams ($816.86 billion), the head of the department of Economic Development …
UAE energy chief doubles down on OPEC alliance with Russia
The United Arab Emirates’ energy minister doubled down Monday on an oil alliance with Russia that’s helped buoy crude prices to their highest in years as Moscow’s war on Ukraine rattles markets and …
School in Dubai accepts tuition fees in Bitcoin and Ethereum payments as crypto enters Middle East education sector
The move towards cryptocurrency payment options follows the Dubai Government’s recent adoption of a law regulating virtual assets, ensuring a safe and advanced legal framework for investors School in …