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Month: June 2022

Posted on 03/06/2022

Dubai police say they’ve arrested, plan to extradite British man wanted in Denmark on $1.7 billion tax fraud case

Dubai police say they’ve arrested, plan to extradite British man wanted in Denmark on $1.7 billion tax fraud case …

Posted on 03/06/2022

Dubai’s Aramex takes to a new path by opening up 100% to foreign investors

DFM-listed logistics company also has the financials to interest investors Dubai’s strategic location between Asia and Europe serves the East and the West, providing the emirate with optimum trading …
( read original story …)


Posted on 03/06/2022

Al Jalila Foundation becomes first UAE healthcare charity to receive crypto donations

Crypto philanthropy has emerged as an important and sustainable source of fundraising for charities, giving people greater opportunities to donate for good Al Jalila Foundation becomes first UAE …
( read original story …)


Posted on 03/06/2022

Indian Oscars return as Abu Dhabi hosts Bollywood bash

ABU DHABI – Bollywood’s brightest stars will gather in Abu Dhabi on Saturday as the Indian Oscars return for the first time since the pandemic shuttered cinemas and turned audiences on to streaming.
( read original story …)


Posted on 03/06/2022

Dubai arrests British man over $1.7B Denmark tax fraud case

Dubai police say they have arrested and plan to extradite a British man wanted in Denmark over a $1.7 billion tax fraud case. Dubai police on Friday identified the man …
( read original story …)


Posted on 03/06/2022

Borouge becomes largest ever IPO listed in Abu Dhabi’s history as investor appetite grows

The petrochemical firm’s offering was oversubscribed by 42 percent and showcased the highest subscription levels by UAE retail investors in a local IPO in almost two decades Borouge becomes largest …
( read original story …)


Posted on 03/06/2022

Crypto.com gets regulatory nod in Dubai, FTX launches in Japan

Singapore-headquartered Crypto.com is one of the world’s largest cryptocurrency exchanges by volume. FTX, which overtook Coinbase to become the second-largest crypto exchange, has announced the launch …

Posted on 03/06/2022

Sharjah: Expat man arrested over rape of 11-year-old girl

Victim’s family tells police they trusted the accused and considered him a close friend Sharjah: A 29-year-old expatriate man has been arrested for raping an 11-year-old expat girl. The accused was …

Posted on 03/06/2022

UAE President visits Rulers of the Emirates

He will also receive citizens on Saturday and Sunday during the morning period UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan Image Credit: Abu Dhabi Media office Sharjah …

Posted on 03/06/2022

Safqat, an online F&B B2B marketplace, to debut soon in the UAE

Offering commission-free transactions, Safqat will help suppliers connect with restaurants, caterers and grocery stores at the click of a button.

Posted on 03/06/2022

Abu Dhabi, Dubai bourses close lower; Borouge surges on debut

Bourses in the United Arab Emirates ended lower on Friday, as oil prices extended losses after OPEC+ increased production targets by slightly more than planned.

Posted on 03/06/2022

Sheikh Mohammed bin Rashid Issues Law Establishing Dubai Media Council

In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued Law No. (5) of 2022 establishin …

Posted on 03/06/2022

Main suspect in Danish tax fraud case arrested in Dubai -Denmark’s justice ministry

The arrest was made possible after the Nordic country in March signed a general extradition treaty with the UAE …

Posted on 03/06/2022

UAE: How US expats calculate taxes on income earned overseas and back home

In most cases, when US expats live or work abroad, they need to consider their home and host country taxes each year. As a US expat in the UAE, you’ll only need to file taxes on …
( read original story …)


Posted on 03/06/2022

UAE businesses shift focus to employee wellbeing

The “Wellbeing in the Private Sector Report” by the UAE National Program for Happiness & Wellbeing, reports Burn Out being a key issue for the private sector to address. Anxie …
( read original story …)


Posted on 03/06/2022

Al Jalila Foundation first charity in UAE to accept donations in cryptocurrency

Al Jalila Foundation, a nonprofit healthcare organisation and member of the Mohammed Bin Rashid Al Maktoum Global Initiatives, today announced that it has been granted approval to receive charitable …

Posted on 03/06/2022

Mass layoffs at major Middle Eastern crypto exchange due to market sell-off

The prolonged bearish crypto periods are still taking their toll, including on one of the largest exchanges in the Middle East.

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