Enhance Ventures, a regional venture studio, has launched a $30 million Builders Fund to invest in new initiatives in the areas of finance technology and commerce in the Middle East. Through the fund, …
UAE banks post higher profits as business conditions improve
Analysts and banking experts say higher oil prices and rising interest rates will lead to strengthening profitability for UAE banks in 2022–23 …
UAE Cybercrime Law: About to type a curse word on an online chat? Here’s how much you might end up being fined
Dubai: Thinking of responding to a friend or colleague with a sarcastic meme on a group chat? Or about to get into a heated argument on a social media site with complete strangers? If so, you might …
UAE: Nahyan bin Mubarak inaugurates Salem BinHam Cultural Centre in Al Ain
Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, today inaugurated the. The opening …
UAE warns companies who delay employee salaries in new resolution
The UAE has updated a number of rules under its Wage Protection System – in a bid to further protect salaries of workers in the country. UAE warns companies who delay employee salaries in new …
Buses ferry flood-affected residents from Fujairah to hotels across UAE
The National Emergency Crisis and Disaster Management Authority (NCEMA) said, “Buses belonging to the Ministry of Community Development have also been provided, which, in addition to the many means of …
UAE: Review a book, win 12 free flight tickets for a chance to travel the world
Held in partnership with Emirates, Rewayat, an imprint of Kalimat Group that publishes translated and Arabic literary works for adults is providing an opportunity for participants to review books by …
More than 800 rescued and 3,800 in temporary shelter after UAE flash floods
At least 870 people were rescued by emergency teams following flash flooding in the UAE’s northern emirates, the government said. In total, 3,897 people were placed in temporary shelter in Sharjah and …
Gang ringleader Abdulla Alfalasi jailed after £104 million in dirty cash smuggled into Dubai
While Alfalasi did transport £6m in cash out of the country himself, he went on to recruit a network of couriers to carry out the trips, offering them large sums of money and upgrading them to …
£100m drug gang kingpin recruited British women as cash mules to Dubai
AN ORGANISED crime kingpin who recruited British women as cash mules to smuggle over £100m of drug money into Dubai has been jailed.
A Dubai-resident’s battle with a rare chronic disease has made her a medical case study
Coline is French, 31, a chronic disease advocate, and, in March this year, she launched her own publishing house, Apicem. “It means mountain in Latin,” she laughs. In fact, her surname — Monsarrat — …
Watch: Dubai taxi driver honoured for returning Dh1 million left behind by passenger
Parking inspector Obeid Miftah Abdullah was honoured for his dedication and sincerity in performing his duties. Nancy Orgo from Dubai Taxi Corporation (DTC) handed over a bag containing Dh1 million …
Money launderer jailed for nine years for scheme that saw £104m smuggled to Dubai
The head of a money laundering operation, that saw millions smuggled out of Heathrow airport in suitcases and sent to Dubai, has been jailed for nine …
Jordanian chef creates edible artwork for diners in Dubai
to give diners a one-of-a-kind culinary experience Location: Dubai, UAE Omar Al-Sartawi uses storytelling theatrics, illusion, and 3D technology during a seven-course dining experience, titled ‘Seven …
Dubai Police warn travellers about buying cheap airline tickets
Dubai Police have warned people of the dangers of buying last-minute airline tickets for just a fraction of the usual price after arresting a man who booked several tickets for people using a stolen …
Mumbai City FC begin 19-day training camp in Dubai
Indian club Mumbai City FC are in Dubai for an extended pre-season training camp, setting up base in Jebel Ali. The club, which features in the top-tier Indian Super League, landed in the UAE on July …
UAE, other GCC central banks follow Fed move to hike interest rates by 0.75%
CBUAE maintained interest rate applicable to borrowing short-term liquidity from the regulator through all standing credit facilities at 50bps above the base rate …
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