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Month: April 2023

Posted on 18/04/2023

UAE property developer DAMAC to sell 3-yr Islamic bond Tuesday

Dubai-based real estate developer DAMAC plans to sell a benchmark-sized three-year Islamic bond, or sukuk, on Tuesday, a bank document showed, following a series of investor calls and meetings that …

Posted on 18/04/2023

Crypto exchange Bybit opens global headquarters in Dubai

B ybit, the world’s third most visited crypto exchange and second-largest in the Mena region, on Monday opened its global headquarters in Dubai and plans to recruit 100 people.

Posted on 18/04/2023

Crypto Family About to Launch Family Tokens and NFTs Pretty Soon

Crypto Family is a one-of-a-kind passive income opportunity for life, wherein one can rent Family NFTs for 90 days at an incredibly affordable price of just $24 per token!

Posted on 18/04/2023

Britain could see crypto-specific regulation in the next 12 months, top lawmaker says

The British government laid out plans in February to regulate cryptoassets and opened its suggestions up for consultation.

Posted on 18/04/2023

Bybit Opens Global Headquarters in Dubai on the Heels of 50% Increase in User Base

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 18 April 2023 – Bybit, the world’s third most visited crypto exchange with 15 million users worldwide, announced the grand opening of its global …

Posted on 18/04/2023

Chrisann Pereira Of Sadak 2 Fame Jailed In Sharjah Over Drug Trafficking Charges, Family Cries Foul

N ew Delhi: Actress Chrisann Pereira, who has featured in movies like Batla House and Sadak 2 was arrested in Sharjah, United Arab Emirates (UAE) over two weeks back and is currently lodged in Sharjah …

Posted on 18/04/2023

Abu Dhabi’s TAQA sells $1.5bn in dual-tranche bonds

TAQA said proceeds from the five-year tranche will be for general purposes while the 10-year green bond will be for sustainable projects …

Posted on 18/04/2023

UAE leads Arab Region in investments in Egypt; $28bn invested by Q1 2023

UAE and Egypt aim to increase Emirati investments to $35 billion over the next decade in several sectors, including clean and renewable energy, aviation, logistics, and transportation, among others.

Posted on 18/04/2023

Eid Al Fitr 2023 in UAE: Five new buses added, working hours for public transport extended to meet increased demand

The additional services aim to reduce congestion during the holidays, as well as to allow comfortable trips for residents …

Posted on 18/04/2023

Italy lifts embargo on arms sales to UAE – govt statement

Italy has lifted an embargo on arms sales to the United Arab Emirates (UAE) the Rome government said in a statement on Monday.

Posted on 18/04/2023

Dubai: 3 impersonate police to steal Dh700,000; jailed

Two of the accused have been sentenced to 6 months in prison while the third, who is still at large, will be jailed for a year

Posted on 18/04/2023

Dubai: Gold prices trade higher, up half a dirham per gram

Gold prices rose on Tuesday after two sessions of losses as the dollar eased, while investors sought more clarity on the US Federal Reserve’s monetary poli..

Posted on 18/04/2023

UAE’s own ‘everything app’: What e&’s $400 million majority stake in Careem means for users

The app’s tie-up with Uber will also grow its ride-hailing business; under the binding agreement, Uber retains full ownership of Careem Rides …

Posted on 18/04/2023

Arada inks deal to bring sustainable water treatment tech to the UAE

The agreement will see the introduction of an environmentally friendly biological engineering process that can help resolve water scarcity …

Posted on 18/04/2023

UAE jobs: Many professionals will change occupations if not allowed to work from home: consultants

If employers are looking to retain their best talent, they advise, they need to carefully consider what their workforce wants, and that includes flexibility …

Posted on 18/04/2023

AED 2.64B Housing Support Plan for Emiratis Approved by Abu Dhabi

In accordance with the President’s directives, The Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed, has given his approval to an AED 2.74 billion housing support plan for 1,800 Emiratis in Abu …

Posted on 18/04/2023

European player lands offshore services contract for “major” Abu Dhabi field development

Netherlands-based geotechnical player Fugro has won a contract from a leading Middle East client to perform extensive offshore surveys in Abu Dhabi. Fugro on Monday confirmed the development and said …

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