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Month: October 2023

Posted on 11/10/2023

ADGM-licensed M2 crypto platform rolls out services for investors

Cryptocurrency exchange M2, which received a financial services permission from the Abu Dhabi Global Market in August, has rolled out its international platform for institutional and retail investors …

Posted on 11/10/2023

UAE: Indian rupee rises against dirham in early trade

The rupee appreciated three paise to 83.22 (Dh22.67) against the US dollar on Wednesday, tracking cues from positive equity markets and a weaker American c..

Posted on 11/10/2023

Geely AGMC celebrates launch of state-of-the-art distribution centre in Dubai

Location in Dubai with strong transport links to Jebel Ali Port ensures rapid delivery of spare parts for Geely’s entire range of passenger cars, SUVs and EVs …

Posted on 11/10/2023

Sharjah Ruler issues Emiri Decree reorganising SCC elections

The Emiri Decree stipulates that each constituency shall have an electoral college composed of registered citizens in accordance with the controls set by the Supreme Committee …

Posted on 11/10/2023

Dubai’s ‘smart villa’: Huawei and du unveil world’s first 5G-A equipped standalone home

FWA Pro, engineered to support a phenomenal rate of 10Gbps, reimagines smart home living and unlocks vast business opportunities. The 14th Global Mobile Broadband Forum, themed “Bring 5.5G into …

Posted on 11/10/2023

UAE may fall short of reaching its 32% clean capacity target by 2030

The country is expected to announce new RE power tenders to support the target. The United Arab Emirates is projected to reach a clean energy capacity of 14.7 gigawatts (GW) or 27% of its total energy mix by 2030,

Posted on 11/10/2023

UAE: iPhone 15 users update devices over fears of overheating

UAE – Users in the UAE are rushing to update their newly released iPhone 15 due to growing concerns about overheating. The iPhone 15 was made available in the UAE on September 22, and generated massive excitement upon its release. The new model sold like …

Posted on 11/10/2023

Inside Dubai’s ‘unique world of scents’ with master perfumer and entrepreneur Yusuf Bhai

Nestled within the narrow lanes of Deira, Dubai, Yusuf Bhai’s shop separates itself in a unique way – not because of the way it is artistically built, but because of the way large crowds gather …

Posted on 11/10/2023

UAE’s Masdar and MIDA partner for $8 billion renewable energy investment in Malaysia

A memorandum of understanding (MoU) signed between the two entities is expected to support Malaysia’s transition to sustainable energy. . UAE’s Masdar and MIDA partner for $8 billion renewable energy …

Posted on 11/10/2023

Mangaluru: Customs sleuths seize Rs 61.06 lac of smuggled gold at MIA

Sleuths of the Mangaluru Customs seized gold from a passenger that was being smuggled here at then international airport. The Customs officials seized 1,053 grams of gold valued at Rs 61.06 lac from …

Posted on 11/10/2023

Dubai is home to 210 centi-millionaires and 15 billionaires

Dubai is now home to 210 centi-millionaires, individuals worth $100 million or more, a figure which could rise by 78% in 10 years, according to new research. Henley & Partners said the city is ranked …

Posted on 11/10/2023

Sharjah’s Sheraa aims to set up fund to invest in potential start-ups, CEO says

The Sharjah Entrepreneurship Centre, a government-backed entity launched in 2016 with a mandate to build the entrepreneurial ecosystem in the northern emirate of Sharjah, aims to set up its own fund …

Posted on 11/10/2023

UAE records mild earthquake; residents report feeling tremors

According to the Met Department, many residents felt the slight impact of the quake, but there has been no report of any effect in the country. Experts had earlier said that UAE residents have about …

Posted on 11/10/2023

Dubai’s venture fund backs $3.8mln seed round for UAE start-up Zest Equity

UAE-based start-up Zest Equity, which is digitising private market transactions, has raised $3.8 million in a seed round participated by state-backed Dubai Future District Fund (DFDF) and Middle East …

Posted on 11/10/2023

UAE Weather: Fog To Reduce Visibility In Some Dubai, Abu Dhabi Areas

A red and yellow alert has been issued for reduced visibility in Dubai and Abu Dhabi due to fog formation in some areas on Wednesday morning. The Met Department issued an alert and said, “A chance of …

Posted on 11/10/2023

UAE’s MoHAP hosts meeting of National Committee for Promotion of Mental Health

Lubna Al Shaali Director of the Ministry’s Public Health Policy Department highlighted the committee’s efforts to achieve the goals of the national policy via various mechanisms and initiatives aimed at providing the highest levels of health services to Emirati society. (ANI/WAM)

Posted on 11/10/2023

UAE Vice President Meets Qatar’s Ambassador

Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum, met tod

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