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Month: March 2023

Posted on 31/03/2023

Abu Dhabi announces weekend road closure near Sheikh Zayed Bridge

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: …

Posted on 31/03/2023

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,

Posted on 31/03/2023

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 …

Posted on 31/03/2023

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.

Posted on 31/03/2023

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 …

Posted on 31/03/2023

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 …

Posted on 31/03/2023

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 …

Posted on 31/03/2023

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 …

Posted on 31/03/2023

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 …

Posted on 31/03/2023

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 …

Posted on 31/03/2023

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 …

Posted on 31/03/2023

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 …

Posted on 31/03/2023

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 …

Posted on 31/03/2023

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 . . .

Posted on 31/03/2023

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.

Posted on 31/03/2023

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, …

Posted on 31/03/2023

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 …

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