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Month: February 2024

Posted on 05/02/2024

Naomi Osaka on Abu Dhabi and big plans for 2024 despite harsh reality check in Australia

Naomi Osaka gives a little laugh when she’s asked what motivated her to add Abu Dhabi to her schedule. “I guess not doing so well in Australia, which was unfortunate. But I think I need to play as …

Posted on 05/02/2024

Abu Dhabi’s first Hindu temple soars at 108 ft, 79.86 metre in length | Check Details

Currently, the first Hindu temple in Abu Dhabi is undergoing its finishing touches. It’s poised to be the largest in West Asia. The upcoming inauguration is a momentous occasion …

Posted on 05/02/2024

Look: Residents mark Korean Lunar New Year ‘Seollal’ in Abu Dhabi with traditional games, foods, dances

The celebration, which was themed ‘Hanging Out Together’, created meaningful connections between Korean residents and diverse nationalities …

Posted on 05/02/2024

Abu Dhabi to establish green hydrogen industrial complex

In November 2023, HYCAP Group opened its regional headquarters in Abu Dhabi Global Market (ADGM) to support its strategic expansion to the region and unveiled plans for a UAE-based GCC Fund that will …

Posted on 05/02/2024

UAE central bank launches executive certificate programme for risk-based supervision professionals

The programme aims to enhance the skills of supervisors, enabling them to identify potential risks and mitigate their impact on the financial system The Central Bank of the UAE (CBUAE) on Monday …

Posted on 05/02/2024

UAE: Gold Prices Drop Dh1 Per Gram In Early Trade

Gold prices dropped by one dirham per gram in the UAE at the opening of the markets on Monday. The 24K variant of the precious was trading …

Posted on 05/02/2024

UAE Used Car Market: A Thriving Industry With Forecasted Growth To AED 39.8 Billion By 2028

From 2017 to 2028, the market is expected to see a considerable increase in revenue, growing from AED 7.8 billion to AED 39.8 billion. This growth is fueled by factors such as the global shortage of …

Posted on 05/02/2024

UAE Car Rental, Leasing, and Limousine Market: Projected to Reach AED 14.3 Billion by 2027

The UAE Car Rental, Leasing, and Limousine Market, as analyzed by Ken Research, is anticipated to grow to AED 14.3 billion by …

Posted on 05/02/2024

UAE’s EV and EV Charging Equipment Market: Set for Explosive Growth to USD 1.77 Billion by 2028

GURUGRAM, India, Feb. 5, 2024 /PRNewswire/ — Ken Research unveils an extraordinary projection for the UAE’s EV and EV Charging Equipment Market, forecasting its growth to USD 1.77 billion by 2028, a …

Posted on 05/02/2024

Emirates Nature-WWF teams up with Accenture to propel UAE’s Sustainable Blue Economy

The strategic collaboration is geared toward advancing the implementation of Sustainable Blue Economy principles and exploring the expansion of blue finance across the UAE …

Posted on 05/02/2024

Dubai real estate market expected to grow 5% in 2024, says expert

The significant economic growth in the UAE is expected to benefit various industries, with the real estate sector in Dubai standing out prominently …

Posted on 05/02/2024

From Bulgari to Armani, ultra-luxe branded residences are booming in Dubai

Branded residences are residential complexes that incorporate the design and service style of their namesake brand, often sitting beside or within a brand’s hotel or resort — and a growing number of …

Posted on 05/02/2024

Finance Middle East to honour industry experts in inaugural awards cermony

The inaugural Finance Middle East Awards will celebrate outstanding achievements in the Middle East’s finance industry …

Posted on 05/02/2024

UAE Movers Market: Accelerated Growth with Forecasted Valuation of AED 835.2M by 2028

Ken Research’s latest study forecasts a robust expansion in the UAE Movers Market, with a projected value of AED 835.2 million by 2028. This growth, at a compound annual growth rate (CAGR) of 11.7% …

Posted on 05/02/2024

Botim becomes the first fintech platform to offer CBUAE’s Aani solution via Al Etihad Payments

Astra Tech is the MENA region’s leading consumer technology holding group, dedicated to transforming everyday services with its revolutionary Ultra app. In 2022, the group acquired PayBy, Rizek, and …

Posted on 05/02/2024

Cardano founder Charles Hoskinson critiques Bitcoin L2, sparks crypto debate

In a recent online exchange, Charles Hoskinson, the founder of Cardano (ADA), expressed skepticism about the potential of Bitcoin’s Layer 2 (L2) solutions, especially when compared to the ecosystems …

Posted on 05/02/2024

Cardano Founder Shares Take on Bitcoin L2 Potentials, Community Reacts

Cardano Founder Charles Hoskinson has highlighted the difficulty in Bitcoin L2 innovations compared to Ethereum and Cardano …

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