According to data from the Dubai Jewellery Group, the 24-karat gold variant started trading at Dh229.75 per gram on Wednesday, compared to its previous night’s closing price of Dh231.0 per gram. Over …
Sheikh Sultan reorganises Sharjah Districts Affairs Department
The decree stipulated that the name of the Sharjah Department of Suburbs and Villages Affairs (SDSVA) shall become “Department of Suburbs Affairs in the Emirate of Sharjah”.
UAE: Factory that turns waste into building materials set to transform Emirates into a green powerhouse
A waste recycling factory that produces building materials is expected to start functioning in the UAE in 2024. This announcement was made at the Climate F..
UAE moves ahead in sustainability, environmental preservation plans
The UAE has made significant efforts in sustainability and environmental preservation, marking a turning point in driving global efforts to support climate action and paving the way ahead of COP28.
Crypto gains official credence in the UAE
The cryptocurrency value received by the UAE was nearly $34.9 billion from July 2022 to June 2023, a recent report showed. According to figures from Chainalysis, the blockchain data platform, the …
Dubai to start robotaxi trials next month in major autonomous push
Dubai is rolling out its first round of robotaxis next month, as a part of a plan to alleviate congestion and accidents. Five fully autonomous electric taxis, operated by a General Motors subsidiary …
Dubai: Meet the human-like robot that can play billiards, dive deep into ocean to hunt for treasures
When research and discovery robot OceanOneK plunged into Deep Dive Dubai, it exhibited its multifaceted capabilities, reflecting its commitment to advancing underwater technology. From playing …
Recomposing banking: Driving growth with business model innovation
Infosys Finacle, a global leader in digital banking solutions and Red Hat, a leading provider of enterprise open source software solutions recently organis..
Dubai Repays $5.5 Billion of Crisis-Era Loans to Cut Debt Load
(Bloomberg) — Dubai said it began repaying a $20 billion bailout loan from Abu Dhabi and the country’s central bank, as part of an effort to reduce its debt burden almost 15 years after the sheikhdom …
Nomura’s Laser Digital gains momentum with In-principal approval in Abu Dhabi
Similarly, Kraken, another global crypto exchange, was granted permission to operate in the ADGM in 2022. Furthermore, this year witnessed the ADGM licensing two more virtual asset firms: the …
Binance fully exits Russia with sale to CommEX
Binance has entered into an agreement to sell the entirety of its Russia business to CommEX ( To ensure a smooth process for existing Russian users, the off-boarding process will take up to one year.
Bybit and DMCC announce $1M hackathon to drive Web3 innovation in Dubai
Crypto exchange Bybit and the Dubai Multi Commodity Centre (DMCC) have announced a $1,000,000 hackathon as they look to transform the Web3 ecosystem in Dubai. The “Web3 Unleashed: Crypto Innovation …
Wafi Group: A Multi-Diversified Conglomerate Pioneering Business Excellence In The UAE And Beyond
Navigating towards the future, we spotlight Wafi Group’s unwavering commitment to cultivating, refining, and driving businesses that truly resonate …
The opening ceremony of a professional football pitch
Al Jaddaf Rotana Complex witnessed an opening ceremony which was held to inaugurate the professional football ground amidst Football Legends and UAE National Team Player …
4-day long weekend: Free public parking announced in Sharjah for Prophet’s birthday
The Sharjah Municipality announced that public parking will be free of cost for the upcoming holiday. On the occasion of Prophet Muhammad’s (Peace be upon ..
UAE and Netherlands discuss ties amid $4.6bn trade relations
UAE and Netherlands look to expand economic and diplomatic ties The UAE and Netherlands have met to discuss expanding diplomatic and economic ties between the two countries. It comes as trade between …
Dubai: Flying taxis to be fully operational by 2026
Dubai will witness full operations of , the CEO of London-based company that was tasked to build the UAE’s first vertiport, confidently said at the concluding day of 3rd Dubai World Congress for …