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Month: April 2022

Posted on 25/04/2022

Expo 2020 Dubai awards $1.85 bln of contracts to SMEs

This exceeded a commitment made in 2016 to award at least 20 per cent of all direct and indirect spend to SMEs …

Posted on 25/04/2022

Exipure Price in Dubai Reviews: Impressive Customer Results or Weak Ingredients?

Are you looking to shed weight? If yes, then you’re not the only one. According to livestrong.com One out of five people are trying to lose weight. In the present, more than 1.7 billion people are …

Posted on 25/04/2022

Metaverse mansions become a reality as Dubai real estate broker offers ultra-luxury virtual properties as NFTs

Real estate sales in the metaverse reached $500 million in 2021, and the sales volume is expected to double in 2022 Metaverse mansions become a reality as Dubai real estate broker offers ultra-luxury …
( read original story …)


Posted on 25/04/2022

Revealed: UAE welcomes first global crypto exchange licensed to offer Bitcoin trading directly in dirhams

Kraken has now become the first global cryptocurrency exchange to receive a financial services permission (FSP) license to operate a regulated virtual asset exchange platform in Abu Dhabi’s ADGM …
( read original story …)


Posted on 25/04/2022

UAE among world’s top markets with highest trust in the financial services sector

The study identifies increased use of technology as a major trust factor, simplifying investing by improving access to markets and information …
( read original story …)


Posted on 25/04/2022

UAE banks’ financial soundness measures remain robust: Central Bank

Direct liquidity support to UAE banks under TESS programme will end in June Dubai: Financial soundness indicators of UAE banks are robust and improving as the economy picks up momentum, according to …
( read original story …)


Posted on 25/04/2022

Emirates Development Bank signs financing pact with Dubai’s food technology hub

Abu Dhabi-based Emirates Development Bank (EDB) has signed an initial agreement with Food Tech Valley, to provide financing for small and medium enterprises and start-ups operating within the Dubai …
( read original story …)


Posted on 25/04/2022

Kraken Receives UAE License to Operate as a Regulated Crypto Exchange

Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Crypto exchange Kraken has received a Financial Services …

Posted on 25/04/2022

Abu Dhabi’s ADIB provides $136mn Sharia’a-compliant financing for Jubail Island construction

With coastal views, mangrove forests, and a central location, the Jubail Island community development will be home to 10,000 UAE citizens and residents within the next four years Abu Dhabi’s ADIB …

Posted on 25/04/2022

Air Arabia Abu Dhabi adds to India destinations with Ahmedabad launch on May 13

Ahmedabad is also Abu Dhabi carrier’s 21st route since launch in July ’20 Dubai: Air Arabia Abu Dhabi will launch a new service to Ahmedabad, Gujarat, starting May 13. Ahmedabad is the seventh city …

Posted on 25/04/2022

Pay off traffic fines over Dh7,000 to avoid vehicle impoundment in Abu Dhabi

The Abu Dhabi Police therefore urges motorists to pay off traffic fines within a year, without interest, in cooperation with five banks, namely the First Abu Dhabi Bank, Abu Dhabi …

Posted on 25/04/2022

Watch: Heavy rain hits Sharjah’s Kalba, cloudy in Fujairah and across the UAE, more showers this week

The NCM warned UAE residents of rough seas in the Arabian Gulf due to clouds Dubai: Residents of Sharjah’s Kalba area enjoyed rainy weather on Monday and social media users shared clips of the showers …

Posted on 25/04/2022

UAE and Indonesia export credit agencies partner to boost bilateral trade

Etihad Credit Insurance, the UAE’s federal export credit company, signed a reciprocal reinsurance agreement with its Indonesian counterpart PT Reasuransi Indonesia Utama (Indonesia Re) to bolster …

Posted on 25/04/2022

UAE among top global markets with highest trust in financial services sector

The UAE is among the top three countries where trust in financial services is at an all-time high, according to a survey. India emerged as the leading market with the highest trust level of 87 per …

Posted on 25/04/2022

UAE investments boost Egyptian economy

The United Arab Emirates is seeking profits by investing $2 billion in Egyptian state-held stakes in some companies.

Posted on 25/04/2022

Passover celebrations in the UAE post-Abraham Accords

Thousands of Jews from around the world gathered around the Gulf, marking the largest Passover festivities since the Abraham Accords were signed …

Posted on 25/04/2022

Dubai: Dewa records 300-fold increase in power capacity since 1970

Over the years, the company has expanded its clean and renewable energy use and enhanced water security in the UAE …

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