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Month: May 2023

Posted on 19/05/2023

Malabar Gold & Diamonds Honoured By The Crown Prince Of Sharjah For Exceptional Contribution Towards The Upliftment Of Differently Abled Students

Malabar Gold & Diamonds Honoured by the Crown Prince of Sharjah for Exceptional Contribution towards the Upliftment of Differently Abled Students

Posted on 19/05/2023

Abu Dhabi’s ADQ hires KPMG partner as portfolio investments director – sources

ADQ, Abu Dhabi’s third biggest sovereign wealth fund, has been hiring more bankers in the last two years as it steps up dealmaking in the United Arab Emirates and overseas …

Posted on 19/05/2023

Abu Dhabi Terminals celebrates milestone achievements

ABU DHABI, UAE/PRNewswire/ — Abu Dhabi Terminals (ADT) has announced that it has set a record by exceeding 10 million man-hours without Lost Time Injury (LTI) and by handling 20 million twenty-foot …

Posted on 19/05/2023

UAE Announces New Traffic Violations, Fines Of Up To Dh2,000

Gathering near valleys, flooded areas and dams during rainy weather: Dh1,000 fine and six black points >> Entering flooded valleys, regardless of their level of danger: Dh2,000 fine, 23 black points, …

Posted on 19/05/2023

Islamic banking growth outpaces conventional banks in the UAE

Islamic banking growth in the UAE outpaced that of conventional banks last year on the back of growing investor demand for Islamic products and deep distribution networks, Fitch Ratings has said.

Posted on 19/05/2023

Crypto Hunters: Launching a New Epoch in Reality TV

On the 4th and 5th of May, the pulsating heart of Dubai bore witness to an event of exceptional excitement – the inaugural casting for the Crypto Hunters TV Show. This revolutionary reality series …

Posted on 19/05/2023

UAE’s Masdar Installs First Solar Panel in Azerbaijan as Part of $200-Million Project

The first solar panel of a photovoltaic power station funded by the United Arab Emirates-based Masdar Clean Energy Company was installed in Azerbaijan …

Posted on 19/05/2023

MOVES-Abu Dhabi’s ADQ hires KPMG partner as portfolio investments director- sources

DUBAI, May 18 (Reuters) – Abu Dhabi state holding company ADQ has hired Jawad Shafique, formerly KPMG’s partner for deal advisory in the lower Gulf, as director for portfolio investments, two sources …

Posted on 19/05/2023

Bayanat, Yahsat and ICEYE Announce Program To Broaden Commercial Opportunities Across The UAE Space-ecosystem

Bayanat and Yahsat announced today a comprehensive Space Program aimed at building national satellite remote sensing and Earth Observation capabilities within the UAE …

Posted on 19/05/2023

UAE bank investments at all-time-high of AED541 billion in February

Bank investments in UAE hit AED541 billion by the end of February, the highest level in the country’s history, a report by the Central Bank of the United Arab Emirates revealed. The report, issued …

Posted on 19/05/2023

UAE Court Orders British Financier To Pay Over $1.2B to Denmark for Tax Fraud

Dubai-based British financier Sanjay Shah, 52, was arrested in Dubai last year and was convicted by the Dubai Appeals Court of masterminding a massive tax fraud scheme that operated from 2012 to 2015 …

Posted on 19/05/2023

Dish’s Charlie Ergen recently flew to Dubai to raise cash for struggling satellite-TV giant: source

Charlie Ergen quietly flew to Dubai earlier this month to woo potential investors for his struggling satellite-TV giant Dish, On The Money has learned. The mercurial billionaire’s fundraising attempt …

Posted on 18/05/2023

UAE’s Masdar nearly doubles clean energy capacity ahead of Cop28

UAE sustainability report highlights clean energy output and green financing UAE’s Masdar nearly doubles clean energy capacity ahead of Cop28 clean energy, COP28, Green finance, Masdar, Solar energy, …

Posted on 18/05/2023

UAE cybersecurity: 26,000 vulnerabilities were reported in 2022

DDoS attacks targeting UAE businesses with a volume of over 40Gbps have become … we enable readers to understand how they can innovate to bring in the best of people, processes, and technologies, …

Posted on 18/05/2023

Maktoum bin Mohammed visits Digital Dubai Authority

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, visited the headquarters of the Digital Dubai Authority. During the …

Posted on 18/05/2023

Apexbrasil Brought Arab Importers To São Paulo

Importers from Arab countries traveled to Brazil at the invitation of the Brazilian Trade and Investment Promotion Agency ( ApexBrasil ) this week to negotiate with Brazilian food companies and other …

Posted on 18/05/2023

Abu Dhabi firms join forces to help entrepreneurs set up bank accounts

Abu Dhabi Department of Economic Development (ADDED) has signed a Memorandum of Understanding (MoU) with Abu Dhabi Islamic Bank (ADIB) to jointly offer bank account opening procedures for investors …

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