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Month: June 2023

Posted on 05/06/2023

Dubai Islamic Bank launches DIB ‘alt’, ultimate digital banking experience for its customers

DUBAI: Driven by the banking giants’ continuous quest for digital excellence and in line with its ambitious transformation strategy, the financial powerhouse announced today the launch of DIB alt, a …

Posted on 05/06/2023

Binance’s Regulatory Woes Pave a Path for CEO Zhao’s Heir Apparent

Binance’s payments partner in Australia had abruptly cut it off, meaning local customers couldn’t deposit Aussie dollars on the platform via bank transfer. The hit to business was immediate, with …

Posted on 05/06/2023

Flash News: OKX Updates its Shark Fin Structured Product

DUBAI, United Arab Emirates, May 28, 2023 (GLOBE NEWSWIRE) — OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has issued updates for the day of May …

Posted on 05/06/2023

4 held with Rs 5 crore gold from Dubai

Directorate Revenue of Intelligence (DRI) on Saturday and Sunday arrested four persons, including a couple, for smuggling 10kg of gold worth Rs5 crore …

Posted on 05/06/2023

Kerala nurse wins Rs 45 crore draw in Abu Dhabi

Lovelmol Achama won the Big Ticket draw on Saturday, the she has been working in Abu Dhabi for the past 21 years with her family …

Posted on 05/06/2023

Crypto news recap: UAE takes prominent steps in the crypto world

ALBAWABA- In the crypto news recap this week, the UAE took significant strides in the cryptocurrency world. The Central Bank issued comprehensive AML/CF …

Posted on 04/06/2023

Dubai’s Prime Residential Market Grows At Highest Pace Globally

Dubai’s residential market is no longer driven by speculative activities but by genuine end-users as the prime residential segment has grown at the highest pace in the world in the last one year, say …

Posted on 04/06/2023

Corporate tax signifies a huge step in UAE’s economic transformation

The introduction of corporate tax in the UAE signifies a significant step in the country’s economic transformation. Effective from June 1, 2023, businesses …

Posted on 04/06/2023

AD Ports Group inks 25 years agreement with Crystal Offshore

AD Ports said the new shipyard fabrication facility will cater for drilling rigs and marine assets as well as deep water vessels such as FPSO.

Posted on 04/06/2023

Sheikh Sultan attends opening of ‘Childhood Care Conference’ in Sharjah

Sheikha Jawaher addressed the actual experiences in the Emirate of Sharjah that empowered children and contributed to building their personality and the goals aimed at these steps, saying “We are …

Posted on 04/06/2023

UAE extends its voluntary cut in oil production by 144,000 barrels per day until the end of 2024

This voluntary reduction will be from the required production level, as agreed upon at the thirty-fifth ministerial meeting of OPEC Plus, Sunday, June 4, 2023.

Posted on 04/06/2023

Sharjah Chamber boosts investment opportunities and trade ties with India

The Sharjah Chamber of Commerce and Industry (SCCI) has successfully concluded its trade mission to India after five days of fruitful meetings and discussions with Indian business …

Posted on 04/06/2023

Sharjah leads region in fostering sustainability in tourism sector

As the world takes a relook at their consumption practices against the backdrop of the World Environment Day, the global tourism industry emerges as a key player …

Posted on 04/06/2023

UAE to cut 144,000 barrels per day throughout 2024

The United Arab Emirates will extend its voluntary cut of 144 thousand barrels per day until the end of December …

Posted on 04/06/2023

Up to Dhs10,000 fine for violators of national system for tracking trucks and shipments

The ICP called on owners of means of transporting goods and owners of trucks to register in the system during the approved registration period, which ends on Oct.30, 2023.

Posted on 04/06/2023

Abu Dhabi nurse wins Dhs20m in Big Ticket, plans to donate a portion to charity

A registered nurse at a hospital in Abu Dhabi, the Indian national has been a resident of the UAE for the past 21 years and resides in the capital with her family.

Posted on 04/06/2023

Key incentives identified for Dubai realty investments

W Capital, the Dubai-based real estate brokerage, has identified main incentives for investors of different financial capacities to invest in the Dubai real estate sector.

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