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Month: November 2023

Posted on 30/11/2023

At COP28, a Fossil Fuel Debate Plays Out in Oil-Rich Dubai

As world leaders gather for the COP28 climate talks in Dubai, clean energy is booming but still not driving down emissions from fossil fuels.

Posted on 30/11/2023

XRP price eyes a 10% climb as Ripple lawyer John Deaton raises concern over US Dollar losing its dominance

Ripple ( XRP) lawyer John E. Deaton has raised concern over the US Dollar (USD) losing its dominance. His comments come after the UAE officially stopped using dollar for oil trades, in favor of local …

Posted on 30/11/2023

Will Bitcoin Rally To $100,000 Before 2025? This Bank Says ‘Things Are Moving…’

Standard Chartered (OTCMKTS: SCBFY) has reaffirmed its outlook for Bitcoin’s (CRYPTO: BTC) price to peak to $100,000 by/before the end of 2024. “Things are moving as expected,” the bank proclaimed, …

Posted on 30/11/2023

The second iteration of the Sharjah Architecture Triennial, curated by Tosin Oshinowo, reimagines adaptability

The second iteration of the Sharjah Architecture Triennial opened on November 10 and presents 30 installations on The Beauty of Impermanence.

Posted on 30/11/2023

Abu Dhabi Approves Dh7.6-Billion Housing Package For More Than 5,600 Emiratis

A housing benefits package worth Dh7.6 billion has been approved for disbursement to thousands of Emiratis in Abu Dhabi, it was announced on Wednesday.

Posted on 30/11/2023

Jeff Zucker responds to critics on Telegraph deal: ‘This is me… not Abu Dhabi’

I understand why people have raised questions,” he said. “All I can say is, they’re misplaced. I am here to say that the editorial independence of The Telegraph is guaranteed.” …

Posted on 30/11/2023

Paxos receives in-principle approval to issue stablecoins in Abu Dhabi

The Financial Services Regulatory Authority in the Abu Dhabi Global Market granted Paxos in-principle approval for certain crypto services and issuing stablecoins.

Posted on 30/11/2023

World Cup Star De Kock Lights Up Abu Dhabi T10

Former South African captain Quinton de Kock showed why is one of the most sought-after players in franchise cricket when he hit a match-winning half century to help Delhi Bulls defeat Deccan …

Posted on 30/11/2023

Dubai: Sheikh Mohammed Pardons 1,249 Inmates Ahead Of UAE National Day

Sheikh Mohammed ordered the release of 1,249 inmates in correctional and penal institutions in Dubai, on the occasion of the 52nd Union Day, the Dubai Media Office posted on X, formerly Twitter. Earlier in the day, Rulers in four other emirates announced similar pardons.

Posted on 29/11/2023

UAE issues new Dhs500 polymer banknote with special design

The design of the banknote encapsulates the UAE’s journey in sustainability, its pioneering development approach, its global role, its track -record of climate action, and its continuous commitment to …

Posted on 29/11/2023

Sharjah Chamber Marks 52Nd Union Day With Grand Celebration: A Tribute To UAE’s Leadership And Progress

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  • Event unde …
  • Posted on 29/11/2023

    Dubai Taxi Gets $41 Billion in Orders for $315 Million IPO

    Dubai Taxi Co. received over 150 billion dirhams ($41 billion) in investor orders for its $315 million initial public offering, a record for the city, in a sign the Persian Gulf continues to be a …

    Posted on 29/11/2023

    Dubai bucks global dip in super-prime house sales; tops ranking

    Bucking a global downward trend in super-prime residential sales, Dubai again led the world ranking of quarterly deals in this category of residences price..

    Posted on 29/11/2023

    Dubai Taxi Company valued at $1.26bn in oversubscribed offering

    It is the biggest taxi operator in the emirate and currently holds about 44 per cent market share.About 96 million journeys were made on Dubai’s fleet of taxis in the first half of this year – with …

    Posted on 29/11/2023

    Dubai Taxi IPO oversubscribed 130 times; values company at Dh4.6 billion

    Dubai Taxi Company on Wednesday announced that its initial public offering (IPO) was oversubscribed 130 times. The final offer price was set at Dh1.85, indicating a market value of Dh4.6 billion when …

    Posted on 29/11/2023

    New Dh500 banknote issued by UAE Central Bank

    The new banknote is being issued in the same blue colour, for easier identification and will go into circulation on Wednesday, November 30 …

    Posted on 29/11/2023

    First look: UAE issues new AED500 note to celebrate COP28 and National Day

    The UAE has issued a new-look AED500 note as it prepares to host COP28 in Dubai. Coinciding with hosting COP28 and celebrations for the country’s 52nd National Day, the Central Bank of the UAE …

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