Another road in Mohamed Bin Zayed City will also see phased closure Abu Dhabi’s the Integrated Transport Centre (ITC) on Friday announces some partial road closure over the weekend Image Credit: …
UAE cancels licence for Russia’s sanctioned MTS Bank
The United Arab Emirates’ central bank on Friday said it will cancel the licence it granted last year to Russia’s MTS bank, which was placed under British and U.S. sanctions in February.Operations at the bank’s UAE branch,
Bollywood actress Soha Ali Khan, husband bid adieu to Dubai after vacation
The Bollywood actress posts pictures of her Dubai trip with family The spring vacation of Soha Ali Khan and Kunal Kemmu in Dubai has come to an end. Taking to Instagram, the Bollywood actress dropped …
Expo 2020 Dubai to add $42bn to UAE economy and sustain 35,000 jobs a year
Expo 2020 Dubai was a $42bn triumph and will create money and jobs for decades to come says a new report Expo 2020 Dubai has been labelled a “triumph” and will add more than $42bn to the UAE economy.
Dubai records over $2.3bln in weeklong real estate transactions
A total of 3,035 real estate transactions worth AED10.7 billion were conducted during the week ending 31st March, 2023, according to figures released by the Dubai Land Department (DLD). The DLD report …
Dubai-listed Amanat to consider IPO for new healthcare platform
Dubai-listed investment company Amanat Holdings is considering a regional IPO for its newly-launched healthcare platform, Amanat Healthcare. The newly launched platform will consolidate the company’s …
Yachting industry primed for sustainable future following Dubai International Boat Show 2023
Silent Yachts, which exhibited at Dubai International Boat Show 2023 for the first time, produces the first ocean-going production yachts in the world powered by solar energy, which is used to charge …
Hyderabad Customs recovers gold worth Rs 13.72 lakhs from passenger arriving from Dubai
Air Intelligence Unit of Hyderabad Customs intercepted one male passenger who arrived from Dubai on March 31. As per Customs, baggage of the passenger was searched on suspicion and 2 gold rods …
Surviving in a competitive fintech landscape: Why anti-money laundering compliance is key
Fraudulent activities in fintech are on the rise, making transaction monitoring, KYC, and KYB compliance critical. Combining these methods with AI solutions is the most effective way to mitigate fraud …
Fintech and Agri-Fintech Company, Tingo Group, Inc., Reports Full Year 2022 Financial Results
About Tingo Group Tingo Group, Inc. (NASDAQ: TIO) is a global Fintech and Agri-Fintech group of companies … platform and agricultural commodities export business based out of the Dubai Multi …
Arabian Automobiles unveils state-of-the-art Nissan facility in Sharjah with enhanced customer experience
Sharjah: Arabian Automobiles, the flagship company of the AW Rostamani Group and the exclusive dealer for Nissan in Dubai, Sharjah, and the Northern Emirates, has yet raised the bar of exceptional …
Qatar and UAE have ‘invested hundreds of millions of dollars with’ Jared Kushner’s equity firm: report
Since his departure from 1600 Pennsylvania Avenue, Jared Kushner — former White House senior adviser in the Trump Administration and ex-President Donald Trump’s son-in-law — has been focused on his …
UAE shares stumble as caution reigns ahead of U.S. inflation data
In Dubai, the main share index (.DFMGI … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals …
UAE cites ‘sanctions risks’ as it cancels licence for Russia’s MTS Bank
The UAE’s central bank said in a statement on Friday that it “has been decided to cancel MTS Bank’s Abu Dhabi licence, wind down its operations within six months from the date of the decision . . .
UAE Food Bank, Amazon partner to donate iftar meals to underprivileged
The initiative aims to utilise its scale, logistics and technology to help people in need. In partnership with the UAE Food Bank, aid will be offered to those who need it, in the form of monetary donations, volunteer support and delivery services.
Dubai boat show highlights local marine industry’s global appeal
Dubai International Boat Show (DIBS) 2023, recently concluded after attracting over 30,000 visitors and industry players from across the globe to the Dubai Harbour for five days of demonstrations, …
Expo 2020 Dubai projected to add Dh154.9 billion to UAE economy from 2013-2042
Dubai and its legacy are expected to contribute Dh154.9 billion ($42.2 billion) of gross value added (GVA) to the UAE’s economy from 2013 to 2042, a report from EY has shown.The World Expo, which …