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Month: February 2024

Posted on 21/02/2024

Hamdan bin Mohammed highlights Dubai’s relentless quest to redefine standards as prime global trade hub

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, reaffirmed that Dubai continues to enhance its position as a leading global hub …

Posted on 21/02/2024

CoinMarketCap Announces First-Ever CMC Crypto Awards

CoinMarketCap, the world’s most trusted source of Crypto data, insights, and community, announces the first-ever CMC Crypto Awards, hosted online from February 21st to March 6th. This annual event …

Posted on 21/02/2024

Sharjah Ruler issues decree establishing Department of Agriculture, Livestock and Fisheries

SHARJAH, 21st March, 2022 (WAM) — H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree establishing the Department of Agriculture, …

Posted on 21/02/2024

Abu Dhabi sees MASSIVE increase in real estate transactions as off-plan sales leap 104%

In Abu Dhabi, the total volume of residential transactions reached 11,235 in 2023, up by 77.8 per cent from the year prior, said the property experts at CBRE. This increase has been underpinned by a …

Posted on 21/02/2024

Watch: Meet Emirati pilot-singer who won Indian expats’ hearts at Ahlan Modi event in Abu Dhabi

On February 13, the 35-year-old Emirati won the hearts of thousands of Indian expats at the Ahlan Modi event in Abu Dhabi as he along with Dubai-based Indian student Suchetha Satish, 18, sang a fusion …

Posted on 21/02/2024

Financial services M&A down 50% from 2021 peak

M&A activity in the financial services sector continued to decline in 2023, with both the number of deals and total transaction value down by more than 50% off 2021 highs, according to McKinsey’s …

Posted on 21/02/2024

Exclusive: Philanthropy-focused fintech Overflow raises $20M

Overflow, a startup enabling charitable and faith-based organizations to accept stock, and crypto donations, raised $20 million in Series B funding, the company tells Axios exclusively. Why it matters …

Posted on 21/02/2024

Former Cleveland County deputy accused of killing wife pleads not guilty, will head to trial

Former Cleveland County deputy accused of killing wife pleads not guilty, will head to trial Brian Johnson will reportedly join in a prominent role on the offense. Andy Reid played down the idea of …

Posted on 21/02/2024

E& Reports Record Consolidated Net Profit Of AED 10.3 Billion Growing 3% Year-Over-Year

e& life, a fintech leader, pledged sustainability with the MENA Fintech … Acquiring a majority stake in Beehive, e& enterprise entered the SME lending market while UAE Trade Connect (UTC) consortium …

Posted on 21/02/2024

Breaking: US DOJ Requests New Order In Case Against Ex-Binance CEO Changpeng ‘CZ’ Zhao

US DOJ attorneys files motion for a proposed protective order in case against ex-Binance CEO Changpeng ‘CZ’ Zhao …

Posted on 21/02/2024

Ewec close to signing power purchase agreement for 1.5 gigawatt Abu Dhabi solar plant

Emirates Water and Electricity Company (Ewec) is close to signing a purchase power agreement (PPA) for a 1.5 gigawatt solar plant in Abu Dhabi, which will be able to power about 160,000 homes in the …

Posted on 21/02/2024

Look: Dubai landmark renovated by RTA, with emphasis on safety

Dubai’s Roads and Transport Authority (RTA) has undertaken comprehensive maintenance tasks of the Water Canal Bridge’s Waterfall on Sheikh Zayed Road. This project spanned over two months and focused …

Posted on 21/02/2024

UAE: Petrol, diesel prices for February 2024 announced

Here’s how much it will cost to get a full tank in February Abu Dhabi/Dubai: The UAE fuel price committee on Wednesday announced petrol and diesel prices for the month of February 2024.

Posted on 21/02/2024

Dewa and Masdar reach financial close of $1.4bn sixth phase of world’s biggest solar park

The Dubai Electricity and Water Authority and Abu Dhabi’s renewable energy company Masdar have reached the financial close of the Dh5.51 billion ($1.4 billion) sixth phase of the Mohammed bin Rashid …

Posted on 21/02/2024

DEWA and Masdar reach financial closing on sixth phase of Solar Park

The solar park’s capacity will exceed 5,000 megawatt by 2030, with investments totalling approximately AED 50 billion …

Posted on 21/02/2024

Sustainable Computing Thrives At The Largest Solar Powered Data Center

Running on 100% renewable energy, Moro Hub is fully aligned with Dubai’s net-zero 2050 strategy. Moro is located in the middle of Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site …

Posted on 21/02/2024

DEWA and Masdar reach financial closing on Phase 6 of Mohammed bin Rashid Al Maktoum Solar Park

Dubai Electricity and Water Authority (DEWA) and Abu Dhabi Future Energy Company (Masdar) jointly announced on Wednesday the financial closing of the 1,800-megawatt (MW) sixth phase of the Mohammed …

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