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Month: August 2023

Posted on 26/08/2023

Uae Joins Call For Open, Inclusive Trade During G20 Trade And Investment Ministerial Meeting

Chaired by Piyush Goyal, India’s Minister of Commerce and Industry, this was the final meeting of G20 trade and investment ministers before the Leaders’ Summit in New Delhi in September. It adopted …

Posted on 25/08/2023

Temperature touches 50.3°C in Sharjah, motorists warned of fog at night

The UAE weather body said that temperature in Sharjah’s Al Dhaid region reached 50°C on Friday. The authorities urged residents to hydrate themselves as high humidity made it difficulty to stand in …

Posted on 25/08/2023

UAE: Mass communication students from 174 universities to participate in 2nd GMC workshops

The second edition of the Global Media Congress (GMC) will welcome mass communication students from 174 universities around the world, reported WAM, the official mews agency of UAE. Comprising a …

Posted on 25/08/2023

Reportage Properties to hold a special day for sales in Abu Dhabi

Abu Dhabi:Reportage Properties, the leading UAE real estate developer, is organizing a special sales day at the Sofitel Abu Dhabi Corniche Hotel, next Sunday, August 27th. The company offer a special …

Posted on 25/08/2023

Dubai Maritime Authority launches Maritime Consumer Rights campaign

The Dubai Maritime Authority (DMA) of the Ports, Customs and Free Zone Corporation, today launched a new “Know Your Rights” campaign designed to strengthen the consumer rights of Traders and …

Posted on 25/08/2023

Dubai’s DP World to invest $510 mln in India’s Gujarat state

DPWRD.UL] will invest around $510 million to build a new container terminal at the Kandla port in the Indian state of Gujarat, its group chairman said on Friday.

Posted on 25/08/2023

UAE: Electricity restored to Sharjah’s areas after technical fault

The competent work teams were able to quickly restore the electric current to the areas of Sharjah city after a sudden technical fault occurred that caused the non-flow of gas to the power stations. A …

Posted on 25/08/2023

Fugitive Billionaire Surrenders in Bulgaria After Years in UAE

Bozhkov, who owned a gambling business that generated more than a billion euros in annual revenue, escaped to the UAE three years ago. Known by his underworld name “the Skull,” he was charged with …

Posted on 25/08/2023

UAE government and Mastercard join forces to accelerate adoption of AI

In addition, he praised Mastercard’s efforts in adopting AI. He highlighted the inauguration of the global center dedicated to AI and advanced technology within the UAE.

Posted on 25/08/2023

Saudi Arabia, UAE and Iran among six countries invited to join BRICS group

Oil powers Saudi Arabia and the United Arab Emirates have been invited to become members of the BRICS group of developing nations in its first expansion in over a decade.

Posted on 25/08/2023

AED 268.6 billion in saving deposits held by UAE banks until end of June 2023

The apex bank’s statistics showed these deposits increased by 5.8 per cent on a monthly basis, or AED 14.8 billion.

Posted on 25/08/2023

How UAE firm helps vulnerable communities in Africa get access to clean water

When UAE resident Sunil Lalvani took a trip to Ghana in 2014, he was disturbed by the lack of access to clean water. The supply was so inaccessible that he saw children drinking from a puddle of rain …

Posted on 25/08/2023

Indian food delivery firm Swiggy restarts IPO plans, aims for 2024 listing- sources

Swiggy had initially considered raising $800 million to $1 billion via the IPO, banking sources who worked on it in … one of the United Arab Emirates neighbouring Middle East trade hub Dubai, are …

Posted on 25/08/2023

BitOasis secures investment from India’s highest valued crypto exchange

The investment marks CoinDCX’s first entry into the MENA region and aims to further BitOasis’ position as one of the leading regional Virtual Asset Service Providers (VASP) and amplify its regional …

Posted on 25/08/2023

Coinbase buys stake in USDC issuer Circle

Coinbase is deepening its ties with Circle, the issuer of the USDC stablecoin, through a stake purchase, indicating a stronger partnership between these crypto giants.

Posted on 25/08/2023

Coinbase to invest in Circle, shut down jointly managed Centre

Aug 21 (Reuters) – Coinbase Global COIN.O said on Monday it would acquire an equity stake in cryptocurrency operator Circle Internet Financial and shut down their jointly managed Centre Consortium …

Posted on 25/08/2023

Coinbase Says It Plans to Offer Crypto Futures Soon

Coinbase, led by Chief Executive Brian Armstrong, has won approval to offer crypto futures to U.S. clients. (Cam Pollack/The Wall Street Journal) Coinbase Global says it hopes to make crypto …

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