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Month: May 2023

Posted on 02/05/2023

Dubai businessman acquires big stake in India’s largest stock exchange

A Dubai-based non-resident Indian businessman has acquired a significant stake in National Stock Exchange of India Ltd to become one of the largest individual shareholders of the south Asian nation’s …

Posted on 02/05/2023

Dubai records over $462.9mln in realty transactions Tuesday

Dubai real estate market recorded 620 sales transactions worth AED1.35 billion, in addition to 94 mortgage deals of AED315.42 million, and 33 gift deals amounting to AED97.31 million on Tuesday, data …

Posted on 02/05/2023

No License, No Problem? Dubai’s Virtual Asset Authority Issues Warning To OPNX

Dubai’s Virtual Assets Regulatory Authority (VARA) has issued a formal warning to the co-founders of the defunct crypto hedge fund Three Arrows Capital for launching and promoting their new digital …

Posted on 02/05/2023

Dubai Reprimands Three Arrows Capital Founders Over New Exchange OPNX

The founders of collapsed hedge fund Three Arrows Capital (3AC) have found themselves in hot water with Dubai’s crypto regulator over their new project. Kyle Davies and Su Zhu, the co-founders of 3AC, …

Posted on 02/05/2023

Dubai new global hub for hedge funds and alternative investments – Difc Report

Dubai International Financial Center saw a 54% increase in the total number of hedge funds setting up in the center …

Posted on 02/05/2023

Sheikh Mohamed Bin Zayed receives Sharjah Football team, winners of the President’s Cup

The Sharjah Club delegation expressed their happiness at meeting Sheikh Mohamed Bin Zayed and thanked him for the support to the sports sector at various levels, and his direct and continuous …

Posted on 02/05/2023

Student Researchers Use UAE-Developed Generative AI Technology to Find New Brain Tumor Drug Targets

Students Use Insilico Medicine’s AI Platform to Find Targets for Glioblastoma and Aging Andrea Olsen from Oslo, Norway; Zachary Harpaz from Boca Raton, Florida; and Chris Ren from Shanghai, China …

Posted on 02/05/2023

Ahmed bin Mohammed stresses free zones’ key role in Dubai development

Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second …

Posted on 02/05/2023

Indian exports to UAE set to cross $50b by 2026

India’s exports to the UAE are expected to cross $50 billion by 2026-27 from $31.3 billion at present as the path-breaking free trade agreement between the..

Posted on 02/05/2023

Mavs, Wolves to play preseason games in Abu Dhabi in Oct.

The Mavericks and Wolves will play two preseason games in Abu Dhabi as part of an exhibition series that began in 2022.

Posted on 02/05/2023

Timberwolves to play two preseason games in Abu Dhabi in October

The NBA announced Tuesday that the Wolves will play the Dallas Mavericks at Etihad Arena on Yas Island Oct. 5 and 7.

Posted on 02/05/2023

Watch: Bollywood star Ranveer Singh promotes summer hotspots in Abu Dhabi

Experience Abu Dhabi on Tuesday announced Indian actor, and pop culture icon Ranveer Singh, as an official ambassador, inspiring visitors to discover the d..

Posted on 02/05/2023

Mavericks, Timberwolves to Play 2 Preseason Games for NBA Abu Dhabi Games 2023

The NBA is heading back to Abu Dhabi later this year for two preseason games. The league announced on Tuesday the Dallas Mavericks and Minnesota …

Posted on 02/05/2023

Dubai reprimands Three Arrows founders over new crypto project

The action against OPNX is the latest sign of Dubai regulators taking a stricter approach towards crypto. Read more at straitstimes.com.

Posted on 02/05/2023

UAE Core Banking Solutions Market By Sources Analysis, Share, Trends, Size, Forecast From 2023 to 2031

The Latest Reports UAE Core Banking Solutions Market research with many aspects of the enterprise like the market size, market status, market trends, and future insights or futuristic records …

Posted on 02/05/2023

Operation Falafel adds two new outlets to its UAE portfolio

Middle Eastern eatery Operation Falafel has expanded its portfolio with two new outlets and has officially made its debut at the Dubai Hills Mall as well as Enoc – Dubai Festival City. Both outlets …

Posted on 02/05/2023

UAE fuel prices: Bus fares down by up to Dh3 in Sharjah

Based on the fare matrix seen by Khaleej Times, the bus fare from Rolla, Sharjah, to Mall of the Emirates in Dubai is now Dh3 cheaper, from Dh20 to Dh17. The bus ticket price for Route 112 has been …

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