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Month: October 2022

Posted on 05/10/2022

Sharjah to build new mosque by the beach

His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, directed to build mosque serving Al Hirah Beach and the ..

Posted on 05/10/2022

Strong growth in new business conditions continues in the UAE

PMI data from S&P Global saw operating conditions improve at a robust pace once again across the UAE non-oil economy, as strong new business growth continued to drive increases in output and …

Posted on 05/10/2022

Saudi Arabia’s PIF expected to raise $2.5-2.75 bln with debut bonds

REUTERS/Ahmed Yosri/File Photo DUBAI, Oct 5 (Reuters … Middle East Most Gulf markets in red ahead of OPEC+ meet, article with image 1:49 PM UTC Markets Hedge funds suffer $32 bln of outflows in Q2 …
( read original story …)


Posted on 05/10/2022

Ajman Bank Signs Agreement with VaultsPay to Implement Innovative Payment Solutions

Ajman Bank has signed a partnership agreement with VaultsPay, a UAE Fintech Company to build and implement a highly innovative payments value proposition for businesses and individuals in the UAE.
( read original story …)


Posted on 05/10/2022

Thai inflation rate slows in September, central bank seen hiking further

People wearing face masks shop for street food in Chinatown amid the spread of the coronavirus disease (COVID-19) in Bangkok, Thailand, January 6, 2021. REUTERS/Athit Perawongmetha …
( read original story …)


Posted on 05/10/2022

Crypto adoption skyrockets in Middle East and North Africa due to favorable economic climate

Crypto markets grew the most in the Middle East and North Africa in 2022 due to economic incentives and regulation.

Posted on 05/10/2022

Absorbing the Complexities in Crypto through Copy Trading: An Interview with Billium’s Founder

We are determined to be a pioneer in the crypto copy trading industry in the UAE and beyond, providing margins and spot trading products. We also have a liquid order book that can eliminate various …

Posted on 05/10/2022

Bivol, Ramirez promise spectacular fight for world title in Abu Dhabi

Undefeated Bivol won his most recent title defence with a unanimous decision against Mexican Canelo Alvarez back in May.

Posted on 05/10/2022

NMC Healthcare granted anti-suit injunction from Abu Dhabi court, says law firm

NMCH was forced into administration in 2020 after the disclosure of more than $4 billion in hidden debt left many UAE and overseas lenders with heavy losses.

Posted on 05/10/2022

Dubai-based Indian tycoon Kalpesh Kinariwala fined $30mn over fraud

Kalpesh Kinariwala, a Dubai-based Indian businessmen, received a fine of $28,615,643.57 on September 28, court documents showed. The case revolved around Kinariwala’s involvement in an alleged scheme …

Posted on 05/10/2022

Dubai’s PropTech start-up Stella Stays partners with Tameer to enter Egypt

Stella Stays, a Dubai-based PropTech start-up, joined forces with Cairo-headquartered real estate company Tameer to facilitate its expansion into the Egyptian market, the Arab world’s most populous …

Posted on 05/10/2022

India’s fintech unicorn Yubi makes UAE debut

Yubi, one of the fastest growing fintech unicorns in the world, on Tuesday announced the opening of the regional headquarters of its risk-mitigation platfo..

Posted on 05/10/2022

Sharjah to get new mosque by the beach

His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, directed to build mosque serving Al Hirah Beach and the ..

Posted on 05/10/2022

Wizz Air Abu Dhabi commences its first flight ever to Maldives

Michael Berlouis, Wizz Air Abu Dhabi Managing Director, said, “Offering the ideal escape for relaxation, self-discovery and picture-perfect moments, it’s no surprise that the Maldives is an …

Posted on 05/10/2022

Localisation and technology adoption vital for UAE to achieve food security, says Abdulla Al Salah, Undersecretary of Foreign Trade

H.E. Abdulla Al Saleh, Undersecretary, Ministry of Economy UAE delivers the opening address Over 700 industry leaders are participating in the two-day Forum, which highlights key initiatives for …

Posted on 05/10/2022

Dubai to host 38th edition of the World Congress of Sports Medicine

The Council of Delegates of the International Federation of Sports Medicine (FIMS) has selected Dubai as the host city of the 38th edition of the World Congress of Sports Medicine, taking place in …

Posted on 05/10/2022

Dubai: Medical training for interns can now be across private or government hospitals

To foster and promote opportunities for medical education, the Dubai Health Authority’s Medical Education and Research Department announced today that medical interns can receive training across …

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