Coinbase Global shares jumped closer to a two-year high on Friday after the crypto exchange posted its first quarterly profit since 2021, benefiting from a trading volume surge in the run-up to the …
Flash News: OKX Enables Deposits for Starknet’s STRK Token Ahead of Spot Listing
DUBAI, United Arab Emirates, Feb. 19, 2024 (GLOBE NEWSWIRE) — OKX, a leading crypto exchange and Web3 technology company, has issued updates for February 19, 2024. OKX Enables Deposits for Starknet’s …
Dubai’s Media One Hotel promotes Omer Dover to head of culinary
The promotion means the chef will oversee the property’s four outlets: Qwerty, Ciao Bella, Coco Lounge and garden on 8. Dubai’s Media One Hotel promotes Omer Dover to head of culinary. head of …
The Abu Dhabi Centre for Legal and Community Awareness “Masouliya” launches an expanded awareness campaign
Under the slogan “Violence… the End of Family Stability” the Abu Dhabi Judicial Department’s (ADJD) Abu Dhabi Centre for Legal and Community Awareness (Masouliya) has launched an expanded awareness …
UAE sends thousands of food and medical parcels to Palestinians in Gaza Strip
The UAE continues its unwavering support for the Palestinian people in the Gaza Strip through the Gallant Knight 3 humanitarian operation launched …
UAE non-oil foreign trade hits record $952bn in 2023
The UAE has recorded solid economic growth for FY 2023 with its non-oil foreign trade figures reaching unprecedented heights, even surpassing its AED3.5 trillion ($952 billion) mark for the first time …
UAE remittance fees set to increase by 15%
UAE remittance fees are set to increase by 15 per cent after exchange houses received regulatory approval. The Foreign Exchange and Remittance Group (FERG) has announced that exchange houses under the …
UAE’s Yahsat unveils Project Sky in a push for better satellite connectivity
The UAE-based Al Yah Satellite Communications Company (Yahsat … with the aim to create an AI-powered space technology champion in the MENA region with global reach. Bayanat and Yahsat will continue …
Why the UAE’s gratuity system has corporate tax implications
We are at an interesting juncture in the UAE regarding the employment separation of companies and their employees, either by choice, termination or retirement. The labour law has long demanded that a …
IFZA announces partnership with the German Federal Association for SME’s (BVMW) and will open a representative office in Dubai
Strengthening Dubai-German economic cooperation, the opening of the BVMW office in Dubai will create great opportunities for BVMW members to connect with potential partners in Dubai and across the reg …
Royal Family of Abu Dhabi makes strategic investment in Beyoung, to expand domestic and global presence
“Coming from a small town, we understand the importance of reaching out to diverse regions. Partnering with the Abu Dhabi royal family opens doors not only to the GCC and MENA regions but also paves …
Revealed: UAE real estate sector seeing massive upsurge in women investments with $25bn recorded in 2023
Emirati, South Asian and Far East Asian investors are leading the table of women buyers in the Emirates’ real estate market with a whopping 53.9 percent jump from 2022 …
Uncovered: The rise of higher-than-high-end properties in Dubai
The influx of wealthy visitors has also fueled Dubai’s reputation as a premier destination for business and leisure, attracting high-profile events, conferences, and luxury brands. This has not only …
New Payment Method Will Soon be Launched to All Debit Cards in the UAE
Banks and financial institutions across the UAE are gearing up to introduce a new payment card called Jaywan starting in the second quarter of this year. The initiative, slated to be completed within …
Stars descend on Abu Dhabi for Dune: Part Two Middle East premiere
Denis Villeneuve spoke about his love of the Empty Quarter, and to top it off, fans got the chance to have their photos taken by a large sand worm installation, posing in front of its gaping, toothy …
Hazy and cloudy day ahead in Dubai and Abu Dhabi
Most parts of the country will witness a hazy day ahead. Temperatures are expected to soar to around 30℃ in Al Fujairah while hovering at 24℃ and 25℃ degrees in Abu Dhabi and Dubai, respectively. The …
UAE: Gold prices open higher on first trading day of the week
G old prices jumped in the UAE on the first trading day of the week as global rates recovered due to the weakness of the US dollar. The 24K variant of the yellow metal was trading …