ByteDance was valued at around $220bn in a recent private-market investment by Abu Dhabi AI firm G42, a significant discount to the $300bn that TikTok’s owner set during a recent share buyback …
Iran’s top security official Shamkhani to visit the UAE on Thursday
Iran’s Supreme National Security Council secretary Ali Shamkhani will visit the United Arab Emirates on Thursday, Nour News, which is affiliated with the Iranian top security body, reported on Wednesday.
2,400 Afghan asylum seekers ‘locked up’ in UAE, says HRW
The rights group said that between 2,400 and 2,700 Afghans evacuated to the UAE following the Taliban takeover of Kabul in August 2021 remain “arbitrarily detained” in makeshift refugee housing with limited freedom of movement and scarce access to legal …
Ramadan 2023 In UAE: Official Work Hours Announced For Sharjah Govt Employees
Departments, entities and institutions that operate in shifts shall determine the beginning and end of their official working hours according to their work systems,’ it added. The Ramadan schedule set for the emirate’s government entities mostly follows the guidelines rolled out by the federal authority for government human resources (fahr).
UAE to highlight climate change risks to public health at COP28
The WHO and the United Kingdom COP26 presidency established the Alliance for Transformative Action on Climate and Health in 2021, with the UAE as one of 60 signatory countries. “Our conversations today at the FHF Summit, and our work together in the lead …
15 international teams will participate in the “MENA Cup” in Dubai, March 31
Ahmed Salem said: “The Dubai Sports Council is pleased to provide full support for this great event and to cooperate with Cbf Performance through this tournament, which is a model of the successful …
Dubai to allow some employees to work from public libraries, says top official
Starting March 16, some employees in Dubai will be allowed to work remotely — specifically from the emirate’s public libraries, a top government official revealed on Wednesday. Omar Sultan Al Olama, …
Dubai’s Deyaar launches AED1.1bn Mar Casa seafront project
Dubai’s Deyaar Development has launched a new seafront project – Mar Casa. The AED1.1 billion tower will be located in Dubai Maritime City. Considering its location, the residential tower will be well …
Dubai’s Tecom to distribute $54m cash dividend for second half of 2022
Tecom Group, the operator of business districts in Dubai that are home to more than 9,500 companies, has approved a cash dividend of Dh200 million ($54.46 million) for the second half of 2022 after …
Ramadan offerings at Kempinski Hotel Mall of the Emirates
When you’re looking for an escape in Dubai, the options are endless as we don’t fall short of towering hotels in this city. Kempinski Hotel Mall of the Emirates features in our top picks, with a range …
Indian youngsters driving growth in Dubai’s real estate investment set to reach $4.2bn this year
The prospect of Indian investments in the UAE’s real estate landscape for 2023 is promising Indian youngsters driving growth in Dubai’s real estate investment set to reach $4.2bn this year commercial …
Businesses in Sharjah Can Get Permits to Extend Work Hours in Ramadan
Sharjah Municipality has announced that businesses in the emirate will have to get special permits in order to extend their working hours. Read More: SPEA Has Approved a Tuition Fee Hike for …
Sharjah Book Authority Hosts Spain’s Royal Manuscript Collection In Sharjah
SHARJAH,14th March, 2023 (WAM) — A rare collection of centuries-old royal manuscripts, maps and other historical volumes are travelling out of Spain’s prestigious El Escorial Library for the first …
UAE: The year 2022 in review
We also witnessed a series of significant legislative and social developments, including the change to the working week and employment visa rules, which will have increased the UAE’s attractiveness to …
Abu Dhabi’s G42 buys ByteDance stake at $220 billion valuation – Bloomberg News
Abu Dhabi-based artificial intelligence firm G42 acquired a $100 million plus stake in ByteDance, valuing the Chinese unlisted owner of TikTok at $220 billion, Bloomberg News reported late on Tuesday, …
Abu Dhabi’s G42 steps into TikTok’s owning company ByteDance with $100m
Abu Dhabi based G42 pumped in $100m for a stake in Chinese company Abu Dhabi: TikTok’s owner ByteDance Ltd. was valued at around $220 billion after a private-market investment by Abu Dhabi AI firm G42 …
More than 2,000 Afghan evacuees in detention in UAE -Human Rights Watch
Human Rights Watch on Wednesday accused Emirati authorities of arbitrarily detaining for more than 15 months as many as 2,700 Afghan evacuees who have no legal pathways to refugee status or …