Dubai Taxi Company (DTC) will offer 624.75 million shares, or 24.99% of its capital, in an IPO as the Dubai government announced its intention to float its transport unit …
Mastercard partners with Dubai Bank on cross-border payments
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Crypto.com wins Dubai licence
Virtual assets exchange Crypto.com’s Dubai entity CRO DAX Middle East FZE has received a licence from the city state’s regulator, subject to operational approval, the company said in a statement on …
UAE could host world’s first flying car race 5m above ground level
The flying racing car, set to be priced at $2 million (Dh7.34 million), has a maximum speed of 250 kilometres per hour and zero CO2 emission. The single-seater car will fly just 4-5 metres above the …
Crypto Fight Night set to host electrifying boxing showdown in Dubai this November
On November 24, the Yume Theatre at Ramee Dream Hotel in Downtown Dubai will transform into the ultimate battleground for an electrifying fusion of cryptocurrency and boxing, all under the bright …
₹2,500-cr crypto scam kingpin in Dubai: HP DGP asks agencies for tighter laws
Shimla: After the location of Rs-2,500-crore cryptocurrency scam’s alleged kingpin Subhash Sharma has come to be in Dubai, the Himachal Pradesh cops have written to multiple central agencies for a …
How crypto funded the Hamas war
Pivot to digital currencies helped Hamas receive large sums from Iran in the two years preceding the Israel attacks …
Manar Abu Dhabi set to cast the capital in a new light through public art
Manar Abu Dhabi, a new outdoor exhibition of light art, is inviting the public to experience the capital in a new way.Starting on Wednesday, more than 35 new commissions and site-specific light …
UAE leaders condoles Saudi King on death of Prince Saud
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, over the death …
UAE strongly condemns Israeli attack on Qatari organisation
Ministry stresses that immediate priority is to preserve civilian lives, ensure immediate, safe delivery of humanitarian aid …
UAE weather: Freshening winds, temperatures to dip to 15ºC
Temperatures could be as high as 36ºC in the country. Mercury is set to rise to 34ºC in Abu Dhabi and 33ºC in Dubai. However, temperatures could be as low as 22ºC in Abu Dhabi and 21ºC in Dubai and …
Indian Rupee Drops Against UAE Dirham In Early Trade
The rupee depreciated 4 paise to 83.32 against the US dollar (23.1 against UAE dirham) in the morning session on Monday, tracking a negative trend i …
UAE: Multiply Group’s Beauty Anchor, Omorfia Group, Acquires 100% Of The Juice Spa And Salon
In a strategic move to bolster its position in the beauty industry, Omorfia Group, the beauty anchor of Abu Dhabi-based investment holding company M …
Decoding the UAE’s AI Surge
Technology is a national obsession in the UAE. With 9.38 million individuals connected online, the UAE boasts an internet penetration rate of 99.0%, which makes it a world leader. To put that in …
Abu Dhabi showcases innovative projects at Gitex Global
the Abu Dhabi Customs has announced. The value of non-oil foreign merchandise trade through Abu Dhabi ports totalled Dhs66.5 billion during first four months of 2020. The imports increased by 2.2 per …
Dubai to offer 25% of taxi operator in IPO, testing market appetite
which are expected to list on the Dubai Financial Market in December. The subscription period for the IPO will run from Nov. 21 to Nov. 28 for retail investors in the United Arab Emirates, and Nov. 29 …
Crespo set to take charge at UAE club Al Ain
Al Ain-bound Argentine coach Hernan Crespo will arrive on Monday to formally sign his contract, the UAE club said.