Aminhossein Rad says People have realized the potential of the digital asset space and are taking it as a better investment option than others, and that’s the reason this space is seeing an unbelievab …
UAE to strengthen security and efficiency of the financial sector
Under the supervision of the Central Bank of the UAE, the UAE Banks Federation organised the largest simulated cyberattack in the Middle East, …
Orionids meteor shower: how to watch it peak in the UAE tonight
The Orionids meteor shower is expected to be highly visible in the UAE this week. About 10 to 20 meteors per hour will be shooting across the skies late on Friday and into the early hours of Saturday.
Saudi German Health UAE innovates healthcare space with Aruba
Saudi German Health implemented Aruba ESP which is the industry’s first cloud-native platform designed to automate, unify, and secure the Edge. Saudi German Health UAE innovates healthcare space with …
Watch: Dubai Customs busts attempt to smuggle over 12kg of drugs at airport
Inspection officers at the Passenger Operations Department at Dubai International Airport were able to detect the suspicious bags after they passed the x-ray machines that revealed an abnormal density …
Dubai Customs organizes awareness events in Breast Cancer Awareness Month 2022
As part of its social responsibility commitments, the Women’s Committee at Dubai Customs celebrated the Breast Cancer Awareness Month 2022 …
Gulf Stocks: Abu Dhabi tracks global shares lower; Dubai flat
In Abu Dhabi, the benchmark stock index slipped 0.2%, dragged down by a 0.4% drop in conglomerate International Holding Company …
UAE announces industrial deals worth $71m to support local production of medical equipment
The UAE has announced the signing of industrial deals worth Dh260 million ($70.79m) between major pharmaceutical and medical companies to manufacture medical equipment locally. Under the partnerships, …
Abu Dhabi-based Bayanat seeks to raise $171mln via IPO
Abu Dhabi-based Bayanat said it’s the professional investors’ tranche of its initial public offering (IPO) is oversubscribed as it seeks to raise AED 628 million ($171 million). Bayanat is a …
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Emaar to allow 100% foreign ownership in Dubai shake-up
Emaar, known for building the Burj Khalifa, has changed its rules so foreign shareholders could own every single share in the company.
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Sharjah’s Arada raises $100m as it taps into existing sukuk to fund growth plans
Sharjah Property developer Arada has closed a $100 million Islamic bond deal after it tapped into an existing $350m sukuk that was issued and listed on the London Stock Exchange in June. The sukuk tap …
Sharjah to host 5th annual Combined Gulf Cancer Conference in November
Under the patronage of H.H. Sheikha Jawaher bint Mohammed Al Qasimi, wife of the Ruler of Sharjah, Founder and Royal Patron of Friends Of Cancer Patients (FOCP), FOCP is hosting the 5th Annual …
One of the world’s most spectacular new libraries has opened in Dubai
Dubai is swapping books for bling with the opening of the stunning new Mohammed Bin Rashid Library. The striking new building, shaped like an open book, cost a reported one billion dirhams …
e& to change ADX stock ticker symbol to reflect its new identity
The UAE telecom major, formerly known as Etisalat, will change its ticker symbol on Abu Dhabi Securities Exchange from ‘ETISALAT’ to ‘EAND’ e& to change ADX stock ticker symbol to reflect its new …
Abu Dhabi’s dugongs: The ocean’s skittish grazers that inspired tales of mermaids
These elusive aquatic mammals are said to have inspired mermaids — but with dugong habitats shrinking globally, they are benefiting from a conservation program in Abu Dhabi that’s restoring coastal …
S. Korean Prosecutors Say Reports of Do Kwon’s Stopover in Dubai ‘Not False’: Bloomberg
Kwon’s Terra ecosystem collapsed in May with $60 billion in value imploding, after which he faced charges of violating capital markets laws in South Korea …
Emirates NBD revives equities business with Dubai IPOs
Emirates NBD has won a lead spot on all Dubai initial public offerings this year, boosting its fees and reviving a long-dormant business in the face of stiff competition from local and international …