Michael Novogratz, the founder of crypto financial services firm Galaxy Digital Holdings Ltd., said his company is moving more operations offshore in part due to the regulatory environment in the US.
Invest in Sharjah turns spotlight on emirate’s impressive advancements
The Sharjah FDI Office (Invest in Sharjah) has emphasised to businesses, countries and regions represented at the 12th Annual Investment Meeting (AIM) …
Abu Dhabi allots Dhs85.4 billion to develop integrated residential neighbourhoods
Under the directives of Mohamed Bin Zayed, in his capacity as ruler of Abu Dhabi, Khaled Bin Mohamed Bin Zayed approves budget of Dhs85.4 billion to develop integrated residential neighbourhoods …
UAE cancels Airbus H225M helicopters deal, Breaking Defense reports
The United Arab Emirates has pulled out of a 2021 deal with Airbus to procure a dozen H225M Caracal multirole helicopters for about 800 million euros ($880.6 million), Breaking Defense magazine …
Dubai ideal for financial firms to advance growth
Sheikh Maktoum Bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of Dubai International Financial Centre (DIFC), …
Dubai non-oil sector surges to 8-month high in April
“A surge in sales momentum in the travel and tourism and wholesale and retail sectors helped send the Dubai PMI to an eight-month high, signalling a robust improvement in the health of the non-oil …
UAE participates in the 68th meeting of GCC Undersecretaries of Ministries of Finance Committee
The United Arab Emirates, represented by the Ministry of Finance, participated in the 68th meeting of GCC Undersecretaries of Ministries of Finance Committee yesterday, which was held in Muscat, Oman, …
Emirates NBD and DIFC collaborate to support Dubai Economic Agenda D33
Through this collaboration, the DIFC aims to support Emirates NBD’s priorities through various ongoing initiatives including the DIFC FinTech Launchpad, DIFC Virtual Hub and DIFC Events agenda – each …
Dubai’s VARA Gives Highly Coveted Initial Approval to MaskEX, Gives Green Light to Start Making Provisions for Launch in the UAE
MaskEX, a next-generation cryptocurrency exchange, has announced that it has received initial approval from Dubai’s Virtual Asset Regulatory Authority (VARA) to begin making preparations for its …
A sustainable fashion pop-up will land at Nakheel Mall this week
Well, if you love to buy fashion, jewellery, beauty and home decor that is from independent sustainable brands then you’ll want to check out the Plain Tiger pop-up at Nakheel Mall.
UAE: Sharjah Executive Council forms organisational structures committee
During its meeting, the council discussed a number of topics on its agenda on government issues that contribute to improving the government services to achieve the well-being of citizens and residents …
Sharjah’s Labor Standards Development Authority discusses labour accommodation standards with partners
The Labour Standards Development Authority in Sharjah discussed with the Municipality of Sharjah, in a meeting held at the Authority’s offices recently, means to develop the labour accommodation …
Abu Dhabi Energy Department implements demand side management regulations from 1st July
The regulations aim to promote energy and water efficiency and reduce greenhouse gas emissions, while ensuring customer comfort, health, and safety. The DoE is also updating and expanding the Abu …
UAE cancels €800m military helicopter deal with Airbus: Government official
We recently terminated a contract with Airbus Helicopters to purchase H225 helicopters,” Muammar Abdulla Abushehab, defense and security industry affairs sector chief for the Tawazun council, said in …
Aramco bolsters Saudi index; Dubai eases
Stock markets in the Gulf ended mixed on Tuesday, with Aramco’s quarterly earnings lifting the Saudi index, while lower oil prices weighed on the sentiment.
Dubai Police block over 200 social media accounts for promoting drugs
Force arrested nearly 50 per cent of suspects in drug-related crimes in the UAE during the first quarter of 2023 …
Dubai: Filipino expats can get job contracts verified in special weekend service on May 20
The special consular mission is aimed at not disrupting the weekday work schedule of Filipino expats who go to MWO for various services. Among those that will be offered during the special Saturday …