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Month: November 2023

Posted on 16/11/2023

City bizman loses Rs 1.5 crore to crypto fraud

A businessman in Hyderabad lost 1.49 crore after his crypto exchange account was allegedly compromised. He purchased 4.98 BTC worth 1.49 crore from a …

Posted on 16/11/2023

Best Crypto Exchanges In Saudi Arabia And Dubai

OKX is another leading crypto exchange in Saudi Arabia and Dubai. Since its inception, OKX has made special efforts to be recognized in the UAE region. It obtained the Minimal Viable Product (MVP) …

Posted on 16/11/2023

New $1.3bn branded residences and resort project revealed at Al Marjan Island

The project ‘reinforces RAK’s appeal as an investment and lifestyle destination’: CEO Marjan. New $1.3bn branded residences and resort project revealed at Al Marjan Island. al marjan island, Al Marjan …

Posted on 16/11/2023

Newly promoted MD of Grand Hyatt Dubai

After propelling Hyatt in Dubai to great heights as Area Vice President, Fathi Khogaly has added the title of Managing Director of Grand Hyatt Dubai to his remit.

Posted on 16/11/2023

Abu Dhabi Commercial picks banks for AT1 bonds – document

UAE’s third-largest lender Abu Dhabi Commercial Bank is planning to sell perpetual non-call 5.5-year debt instrument, an arranging bank document seen by Reuters showed on Thursday. The investor …

Posted on 16/11/2023

UAE unemployment insurance scheme update: fines must be settled or risk of visa ban

The deadline to sign up for the UAE Unemployment Insurance Scheme was Sunday October 1. If you missed this deadline, now is the time to check whether you have any fines and if so, make sure you pay …

Posted on 16/11/2023

How The UAE Became A Crypto Hub Poised For Explosive Growth

Recognizing the potential of digital assets, the UAE government has been proactive in creating a regulatory environment that is both robust and flexible.

Posted on 16/11/2023

Dubai to replace DXB with bigger one in 2030s

Dubai Airports is forging ahead with its plans to replace the world’s busiest airport, Dubai International (DXB), with an even bigger one in 2030s as passenger traffic soars to record high, …

Posted on 16/11/2023

Dubai International traffic to hit 86.8m this year

Propelled by strong growth throughout the first three quarters of the year and anticipation of an exceptional surge in the final quarter, Dubai Airports is forecasting annual passenger traffic at …

Posted on 16/11/2023

Q Properties awards $159.12mln contract to Trojan General Contracting for Reem Hills Phase 1 twin villas

The elegantly designed homes boast modern design features and are spacious, with plenty of outdoor space, making them ideal for families …

Posted on 16/11/2023

UAE Property: ‘Can a landlord evict a tenant and re-let the unit?’

Question: I am planning to sell my townhouse in Dubai in the fourth quarter of 2024 for Dh2.4 million ($653,505). I have served my tenant with a 12-month eviction notice for this purpose through email …

Posted on 16/11/2023

Danube Properties launches Sportz, its 7th project of the year

Sportz will provide the most extensive array of sports facilities among residential buildings in the Middle East …

Posted on 16/11/2023

Lockheed demonstrates regenerative gNodeB 5G Satellite Base Station

Lockheed Martin has completed a final demo of what it describes as its first regenerative non-terrestrial network 5G Satellite Base Station (gNodeB).

Posted on 16/11/2023

From Dubai to Guinea-Bissau: Apus Energy’s bold bet on a 470M barrel bonanza

In a landmark deal signaling robust growth, Apus Energy, the Dubai-based energy conglomerate, has entered into a formidable drilling contract for Diamond Offshore’s state-of-the-art Ocean BlackRhino …

Posted on 16/11/2023

Abu Dhabi Judicial Department complete first notary transaction in English and has it digitally notarized

The ADJD has conducted the first notary transaction in English and has it digitally notarised, using video communication technology, through the Notary Services Bureau in English, the first of its …

Posted on 16/11/2023

Iislamic finance is growing tremendously in Central Asia: Zubair Mughal

AlHuda CIBE is contributing its efforts for the development of the Islamic Banking and Finance Industry in Central Asia …

Posted on 16/11/2023

Advanced Technology Is Changing The Banking Industry: Experts

Advances in the banking industry is of great importance in this region, where 60 per cent of the population is under the age of 30 and are highly tech-savvy. In the UAE, more than 50 per cent of …

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