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Month: August 2022

Posted on 31/08/2022

Startup Spotlight: Dubai-Based Dukkan Wants To Provide Digital Edge To Local Retail Stores

As a mobile application service that promises to deliver items from local stores within an hour in Dubai, Dukkan is aiming to give small and medium businesses in the Emirate a better head start in the …

Posted on 31/08/2022

Dubai real estate fintech start-up Stake raises $8mln

Dubai-based start-up Stake has raised $8 million in a pre-series A funding round, the largest capital raised by a real estate investment platform in the Middle East and North Africa (MENA) region. The …

Posted on 31/08/2022

Dubai property investment start-up Stake raises $8m in funding round

Dubai-based real estate FinTech start-up Stake has raised $8 million in an early stage funding round to drive its growth as regional investors flock to the stability of property investments amid …

Posted on 31/08/2022

Fintech firm Wise fined $360,000 by Abu Dhabi regulator

The regulator of Abu Dhabi’s free zone financial centre said on Tuesday it had fined the local subsidiary of fintech firm Wise $360,000 for breaching anti-money laundering (AML) requirements.Abu Dhabi …

Posted on 31/08/2022

MENA Region’s Neobanking Fintech Zywa Finalizes $3M Seed Round

Zywa, a teen-focused fintech aiming to “re-imagine” banking for Gen Z in the MENA region, has completed a seed funding round of $3 million.

Posted on 31/08/2022

Dubai is emerging as a favourite for the ultra-rich, and Ambani’s reported purchase cements this status

Dubai has been a red-hot property market, and its status has only gotten a boost as demand was spurred by geopolitical instability in Europe and mortgage buyers looking to get in ahead of …
( read original story …)


Posted on 31/08/2022

UAE stocks gain $1.1 billion, driven by real estate, banking blue chips

The gains were notable in the realty and banking sectors, and cash inflows by institutions and individuals alike UAE stocks gain $1.1 billion, driven by real estate, banking blue chips Abu Dhabi, …
( read original story …)


Posted on 31/08/2022

Virtuzone collaborates with Binance to accept crypto payments in UAE

Binance has entered into a strategic collaboration with Virtuzone, a UAE corporate services provider, according to a press release.

Posted on 31/08/2022

Binance Pay partnership allows UAE entrepreneurs to repay loans using crypto

The company intends to reduce barriers to entrepreneurship and support the startup communities with multiple payment options.

Posted on 31/08/2022

Dubai’s Virtual Asset Regulatory Authority Introduces Crypto Promotion Guidelines To Protect Investors

Additionally, the regulations surrounding crypto promotion will be levied on entities that target Dubai-based media sites, search platforms, and online or offline publishing channels to promote …

Posted on 31/08/2022

Asia Cup 2022: Mujeeb Ur Rahman strikes thrice as Afghanistan leave Bangladesh reeling at Sharjah

Off-spinner Mujeeb-ur-Rahman led their charge in the clash against Bangladesh with a three-wicket haul that left the Tigers reeling at the halfway stage.

Posted on 31/08/2022

Asia Cup 2022: Cancer couldn’t keep away 75-year-old Guplari Safi from the Sharjah stadium

She was Tuesday (August 30) to cheer the Afghan side to victory over Bangladesh in the DP World Asia Cup. Even the fatigue wrought by chemotherapy couldn’t stop her from coming to the stadium. Waving …

Posted on 31/08/2022

‘It was way beyond time that we set this up’ – How Sharjah helped create Asia Cup

The first Asia Cup was staged in Sharjah in 1984. That tri-series, between India, Pakistan and Sri Lanka, represented the first official one-day internationals played at the new stadium in the UAE …

Posted on 31/08/2022

Sharjah Ruler approves 1,500 scholarships for undergraduate students

Sharjah Ruler will approve 500 additional scholarships at the two universities. This came during “Direct Line” programme on Sharjah Radio.

Posted on 31/08/2022

UAE Central Bank imposes sanctions on exchange house owner, manager for violations

Regulator prohibits the general manager from undertaking any designated function at any licensed financial institution in the country …

Posted on 31/08/2022

UAE: 10 traffic laws, fines you must know when driving in school areas

Yellow school buses are back on the roads once again as education institutes across the UAE reopened after the summer break earlier this week. Some parents are leaving their homes earlier so they can …

Posted on 31/08/2022

Cleveland Clinic Abu Dhabi introduces lymphedema preventive supermicrosurgery for post-operative breast cancer patients to the UAE

The preventive surgery has been introduced in partnership with Cleveland Clinic in the U.S According to the World Health Organization (WHO), 2.3 million women were diagnosed with breast cancer …

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