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Month: December 2023

Posted on 18/12/2023

Ajman Bank Awarded Coveted ISO 22301:2019 Certification for Business Continuity Management

Ajman Bank, one of the leading Islamic financial institutions in the UAE, has been awarded the prestigious ISO 22301:2019 certification. This globally r …

Posted on 18/12/2023

IPL 2024 Auction: Players Who Might Break The Bank In Dubai

Get the latest updates on the upcoming IPL auction in Dubai. Who will be the hot picks? Anticipate high bids for top-notch players like Pat Cummins, Rachin Ravindra, and more. An event not to be …

Posted on 18/12/2023

Bybit’s Crypto Ark Space: Shaping the Future of Crypto Collaboration in Dubai

Bybit, the world’s third-largest crypto exchange by volume, has opened the doors of “The Crypto Ark Space,” within its global headquarters …

Posted on 18/12/2023

A Tragic Accident Claims Lives Of Three Emiratis In Sharjah In A Car Crash

Tragedy struck on Saturday in Sharjah as three Emirati men lost their lives and a fourth person was left injured …

Posted on 18/12/2023

ILT20 bans Naveen-ul-Haq for breaching agreement with Sharjah Warriors

Naveen-ul-Haq has been banned by the UAE’s ILT20 for 20 months for breaching his player agreement with Sharjah Warriors when he “refused to sign the retention notice” for the second season of the …

Posted on 18/12/2023

Nio stock jumps as Abu Dhabi investor to pour in $2.2 billion

Nio stock surged in premarket trade on Monday after the Chinese EV maker said it’s received a $2.2 billion investment from an Abu Dhabi investor. Terms call for CYVN to invest $2.2 billion for 294 …

Posted on 18/12/2023

China’s Nio to Get $2.2 Billion Investment From Abu Dhabi’s CYVN

SHANGHAI (Reuters) -Electric vehicle maker Nio has signed a pact for an investment of $2.2 billion from CYVN Holdings, an investment vehicle based in Abu Dhabi, the Chinese company said on Monday.

Posted on 18/12/2023

Nio signs to receive $2.2 bln from Abu Dhabi investor CYVN

Nio said on Monday that it signed an agreement with CYVN Holdings, an investment vehicle based in Abu Dhabi, for the latter to invest $2.2 billion in the Chinese electric vehicle maker.

Posted on 18/12/2023

The UAE issues a law regulating the media sector in the country

The provisions of the Decree Law shall apply to all individuals, media establishments, media outlets and free media zones practicing media activities within the country.

Posted on 18/12/2023

UAE announces new work licence for teachers, regulates private tuition

The UAE has introduced a free Private Teacher Work Permit to regulate tuition outside education establishments …

Posted on 18/12/2023

Dubai real estate gig: Sparks fly as job ad demands dating prowess

Selling real estate in Dubai’s booming property market is proving to be one of the most in-demand jobs at the moment. However, a job ad asking for female candidates, of any nationality, to …

Posted on 18/12/2023

Federal Tax Authority holds first forum to honour its strategic partners

In his speech during the first Forum for the Strategic Partners of the Federal Tax Authority 2023, which was held in Dubai in the presence of stakeholders from across the tax sector, H.E. said: “The …

Posted on 18/12/2023

Emirates NBD announces partnership with Hub71 to accelerate FinTech innovation

Emirates NBD harnesses the entrepreneurial spirit of Hub71, focusing on tailored solutions and streamlined services for its valued customers …

Posted on 18/12/2023

Dubai’s RTA unveils Dhs1.6bn digital strategy

Dubai’s Roads and Transport Authority (RTA) has unveiled its Dhs1.6bn digital strategy, with 82 projects and initiatives that are aimed at strengthening the authority’s digitalisation journey by …

Posted on 18/12/2023

Fahed Ghanim, CEO of Majid Al Futtaim Lifestyle, talks pioneering sustainable retail in the UAE

Over 50% of UAE shoppers are now willing to pay a premium for sustainable products Majid Al Futtaim Lifestyle, a prominent leader in lifestyle retail across the GCC, recently held an exclusive …

Posted on 18/12/2023

Targeted ‘Approval Phishing’ crypto scammers drained victims of over $374mln in 2023

The technique, mainly used by romance scammers, has yielded crypto criminals approximately US$1 billion since May 2021, with actual figures likely being significantly higher …

Posted on 18/12/2023

Abu Dhabi is the world’s newest wealth haven for billionaires – Bloomberg

For decades, many of the world’s richest people chose to safeguard their assets in overseas locales from the Cayman Islands to Switzerland to the British Virgin Islands. But a new wealth hub is …

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