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Month: February 2023

Posted on 03/02/2023

Kraken exits Middle East, closes UAE office

Digital currency exchange Kraken will close down its operations in Abu Dhabi, UAE and lay off the majority of its team focused on the Middle East and North Africa.

Posted on 03/02/2023

Top Skateboarders Converge on Sharjah UAE for World Championships

California Skateparks-designed Aljada Skatepark hosts world’s best on their road to Paris. Aljada Skatepark Aljada Skatepark VISTA, Calif., Feb. 03, 2023 (GLOBE NEWSWIRE) — The world’s best …

Posted on 03/02/2023

Calicut-bound Air India Express flight returns to Abu Dhabi after engine failure

A DGCA official said that the aviation regulator has begun investigating the matter and has sought a detailed report of the incident from the Air India Express …

Posted on 03/02/2023

Dubai drug gangs busted, police arrest 28 and seize $9m of narcotics

Dubai Police seize crystal meth, heroin, Captogan and hashish in major drug raids Dubai drug gangs busted, police arrest 28 and seize $9m of narcotics   crime, drugs, Dubai, Dubai police, illegal drug …

Posted on 03/02/2023

Dubai apartment sells for record $112 million as property market surges

A record has been set for the most expensive apartment sale in Dubai as the property market continues to ride the momentum from last year. The sale, worth Dh410 million ($112 million), was for a …

Posted on 03/02/2023

Emirates Telecom Group lifts Abu Dhabi, Dubai extends gains

E&, the UAE’s biggest Telecom operator, increased its stake in Vodafone Group (VOD.L) to 13%. Among other gainers, National Marine Dredging (NMDC.AD) surged 3.1% to hit around a 20-year-high, a day …

Posted on 03/02/2023

axiom announces exciting offers and incredible deals for Dubai Shopping Festival

Everyone is a winner at axiom this Dubai Shopping Festival (DSF), with … and distribute mobile devices and accessories. axiom telecom was born. And now it’s all grown up.

Posted on 03/02/2023

UAE telecoms operator e& raises stake in UK’s Vodafone Group to 13%

a technology solutions provider and systems integrator in the UAE. In 2021, the company raised its ownership in Etisalat Investment North Africa to 100 per cent, increasing its effective ownership in …

Posted on 03/02/2023

6G Material Market Size 2023 : Global Analysis of Share, Trends, Growth Factors, Developments, Product Innovation and Forecast till 2029

G Material Market Size is projected to Reach Multimillion USD by 2029, In comparison to 2022, at unexpected CAGR …

Posted on 03/02/2023

ProSe (Proximity Services) for LTE & 5G Networks Market Size, Global Insights and Trends, Forecasts to 2028

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) This ProSe (Proximity Services) for LTE and 5G Networks Market Research/Analysis Report Contains Answers to your following …

Posted on 03/02/2023

UAE announces major visa change for all nationalities

The UAE Federal Authority for Identity, Nationality, Customs and Ports Security (ICP) has launched a new service through its smart services, which allows visitors to extend the validity of all types …

Posted on 03/02/2023

Dubai Customs Launches Early Cargo Targeting System To Enhance Security, Combat Illegal Trade

Dubai Customs (DC), in partnership with the Dubai Digital Authority, has unveiled the Early Cargo Targeting System to enhance security measures a …

Posted on 03/02/2023

Indo-Arab professionals launch financial vehicle in Dubai

The launch of Funding Possibilities comes barely three weeks after the launch of the Dubai Economic Agenda ‘D33’ by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime …

Posted on 03/02/2023

There are some big road closures in Abu Dhabi this weekend

It’s all in aid of making the cycling event safer… This weekend there will be extensive road closures on some of the emirate of Abu Dhabi’s most important thoroughfares. According to a report in The …

Posted on 03/02/2023

Abu Dhabi’s Borouge announces $400 mln cost savings drive; Q4 profit drops

Abu Dhabi’s Borouge announced a $400 million cost savings drive on Thursday to navigate inflation and supply chain disruptions, as it reported a 17% decline in fourth-quarter profit on pricing …

Posted on 03/02/2023

Sheraa, BEEAH set to support regional startups planning expansion to Sharjah

UAE incubator Sheraa and its founding partner The BEEAH plan to offer a soft-landing programme for regional startups planning to expand to Sharjah. Sharjah Entrepreneurship Centre and The BEEAH Group …

Posted on 03/02/2023

First Abu Dhabi Bank hires ex-BofA executive as adviser to CEO

She will become head of the lender’s strategic client group, in addition to her role as a special adviser to Hana Al Rostamani, UAE mega-bank FAB hits record net profit of Dh13.4b in 2022; dividend …

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