QuantumFy, a global technology hub, today announced its expansion into the Middle East and its membership in the MENA FinTech Association (MFTA), aimed at driving business growth in the Middle East …
UAE fintech Kema raises $2 million pre-Seed
UAE-based fintech Kema has raised a $2 million pre-Seed round, led by Speedinvest with participation from the Dubai Future District …
Big trade deals likely elusive at WTO meet in Abu Dhabi
The world’s trade ministers could put the final touches to a historic fisheries deal when they meet in Abu Dhabi later this month, but other landmark agreements will likely prove more elusive.- In …
Modi in Abu Dhabi: How India-UAE ties have gone from strength to strength under the PM
Prime Minister Narendra Modi made his first trip to the UAE in August 2015 — the first by an Indian prime minister in over three decades. Now, the two countries have a bilateral trade of about $85 bil …
Rains in Dubai: Traffic on Sheikh Zayed Road diverted due to water buildup
Road diversions have been implemented in Dubai due to water accumulation following heavy rainfall that pounded the city on the evening of February 12 and most of the night. Traffic on Sheikh Zayed …
Here are the fintech startups that could go public in 2024
Could 2024 be the year for fintech IPOs? Quite possibly, according to F-Prime Capital’s State of Fintech 2024 report. “Many sizable companies are now filing or considering going public …
Criminal sentencing of Binance founder CZ postponed to late April
The sentencing of former Binance CEO Changpeng Zhao on a money laundering rule charge has been postponed until April 30, a notice in Seattle federal court shows. Zhao, a resident of the United Arab …
UAE’s ATRC launches global tech R&D platform at WGS 2024, allocates US$200 m fund to accelerate innovation for developing nations
In a landmark announcement on Day 1 of the World Governments Summit WGS 2024 Abu Dhabis Advanced Technology Research Council ATRC unveiled a pio …
Boosting cooperation in energy, digital infra, ports focus of PM Modi’s visit to UAE
Boosting cooperation in areas of energy, ports, fintech, digital infrastructure, railways and investment flows are set to be focus of Prime Minister Narendra Modi’s two-day visit to the United Arab Em …
‘On the table, if not on the menu’: Minister to discuss wine, lobster trade restrictions with Chinese counterpart
Australia’s trade minister says he will raise wine and lobster sanctions when he meets with his Chinese counterpart this month and that if wine tariffs are not removed by the end of March Australia …
JOBY Stock Alert: Joby Aviation Will Launch Air Taxis in the UAE
Joby Aviation (NYSE:JOBY) stock is up about 8% and trending on social media and financial news websites today. The catalyst for the gains and the attention was the firm’s announcement that it had …
Al Mal Capital’s real estate fund to raise $200m in IPO
According to Al Mal Capital, the issuance will deliver a maximum of 400 million new units to existing unitholders at a price of AED1.1 per share – increasing the share capital by 114% to AED750 …
UAE Signs Agreements With Arab Countries On Double Taxation Avoidance
The UAE Ministry of Finance signed agreements related to the encouragement and protection of investments and double taxation avoidance, with Kuwait …
Charting the Future Forward: WBS returns to Dubai
ZEX PR WIRE, The 29th Edition of the World Blockchain Summit, an event by Trescon, returns to Dubai on 22nd and 23rd April 2024 bringing together leading innovators, investors, enterprises, thought …
Aquanow receives most comprehensive crypto license from Dubai’s virtual asset regulator
Dubai’s virtual asset regulator has awarded its 20th VASP ( Virtual asset service provider license) to Canadian based Aquanow. This is considered the most comprehensive license to date as it includes …
Travel Unpacked: Siro One Za’abeel opens in Dubai and best country for road trip named
It has been a busy season of hotel openings in Dubai, with One&Only One Za’abeel, The Lana and now Siro One Za’abeel, the city’s first fully fitness-themed escape. Over in London, the world-renowned …
BAPS Hindu Temple In Abu Dhabi: Why The Opening Is On Feb 14, Valentine’s Day
The Middle East’s first traditional Hindu stone temple opens in Abu Dhabi on February 14, Valentine’s Day, the day dedicated to the expression of love and affection globally. So, is the inauguration …