“The UAE has a zero-tolerance policy for recreational use of drugs,” the country’s government says on its website. It spells out that it is a criminal offence to partake in the “production, import, …
Love Island: Kaz Crossley could be fined up to £22K after her recent arrest in Dubai
2 years ago in 2020, a video of Kaz emerged where she was seen snorting a white substance in an orange dress in Dubai. According to The Sun, Kaz was arrested based on that video alone and not because …
Dubai Duty Free Tennis Stadium Is Resurfaced And Ready To Welcome The World
DUBAI, 17th February, 2023 (WAM) – The Dubai Duty Free Tennis Championships is just around the corner, and the excitement is palpable at the …
U.S. crypto crackdown boosts appeal of friendlier overseas hubs
A spate of crypto probes in the U.S. is prompting battered digital-asset firms to look toward financial hubs overseas, clouding the country’s position as a cornerstone of the industry.
Rich Dubai housewife gets mad for getting £16,000 as Valentine’s gift
Heard of someone who got mad because she got money on Valentine’s Day? If you haven’t, then here’s one rich Dubai housewife who, after receiving a £16,000 gift from her boyfriend, got furious and …
Haut En Couleurs and Sharjah headline two intriguing races on Red Mills day at Gowran Park
Dual Champion Hurdle runner-up Sharjah and the lightly raced chaser Haut En Couleurs are the headline acts on Red Mills day at Gowran Park. Willie Mullins has won the Grade 3 Red Mills Trial Hurdle ( …
Saudi wealth fund becomes biggest outside Nintendo investor
A Saudi sovereign wealth fund now holds 8.26% of the stock in the video game maker Nintendo, making it the largest outside investor in the Japanese gaming company, a company filing said Friday.
Dubai leads in Islamic finance with new Shariah hedge fund index
today announced the Dubai Shariah Hedge Fund Index, the first internationally-recognised index comprised exclusively of Shariah compliant hedge funds. The Dubai Shariah Hedge Fund Index will be …
The UAE is always going to be an energy exporter, the country’s minister of climate change says
Mariam Almheiri, the UAE minister of climate change and environment, says that the UAE will “always be an energy exporter, but the type of energy we export is changing.” …
Dubai’s week-long real estate transactions valued at Dhs10.4b
The real estate and properties transactions valued at Dhs10.4 billion in total during the week ending 17 February 2023. The sum of transactions was 2,702.
Future Forward: Abu Dhabi’s and Hub71’s Roles in Driving Sustainability and Cleantech In The UAE And Beyond
As per PwC’s State of Climate Tech 2022, over US$260 billion in VC money has been injected into climate tech companies since the start of 2018, and in 2022, more than a quarter of total global VC …
Abu Dhabi National Oil Company to float 4% of its gas business in IPO
ADNOC Gas’s offering is set to be open from Feb. 23 to March 2 for institutional investors, while retail investors can subscribe until March 1 …
Sheikha Bodour receives Nobel Laureate at American University of Sharjah
Dr Narjess Boubakri, Dean of SBA, expressed her honour at having Sir Christopher Pissarides speak to AUS students and faculty about some of the most crucial and relevant issues facing the …
UAE: Gross Takaful written subscriptions reaches Dh4.35 billion in 2021
In 2021, the gross subscriptions written by all Takaful insurance companies operating in the UAE totalled Dh4.35 billion, a UAE Central Bank report showed on Friday. This represents a growth rate of 0 …
UAE’s Edge buys majority stake in Gradeone to expand its portfolio
In June 2022, the UAE Ministry of Industry and Advanced Technology, the Emirates Development Bank and Edge Group signed an agreement to boost manufacturing in the defence sector. Under the agreement, …
ACE seeks to capitalise on UAE realty boom
The home improvement market in the UAE has seen a major boom, especially since the pandemic. Consumers have used the lockdown to work on renovations, DIY p..
India to explore crypto regulation at G20; UAE to issue CBDC to promote digital payments
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