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Month: March 2024

Posted on 21/03/2024

Dubai real estate boosted by Chinese social media as buyers and sellers look to Douyin to drive investments

Dubai real estate sector is witnessing a surge in interest from Chinese social media platform and TikTok sibling Douyin …

Posted on 21/03/2024

UAE Central Bank upholds base interest rate amidst interest rate variation from US Federal Reserve

The Central Bank of the United Arab Emirates (UAE) has opted to maintain the base rate for overnight deposit facilities at its current level of 5.4 …

Posted on 21/03/2024

Selling Mayfair: the elite agents bringing Dubai hustle to London’s prime properties

Sotheby’s real estate franchise has a new owner who plans to disrupt the business of selling multimillion-pound homes …

Posted on 21/03/2024

Economic Engine: How Real Estate Sustains Growth & Development Dubai vs London

With strong economic growth and stability, which country has more potential, the UK or the UAE? In comparison to real estate market consumption, we know that the UAE is growing compared to the UK’s …

Posted on 21/03/2024

UK’s abolition of non-dom tax status: How Dubai stands to benefit

By April 2025, a revamped tax regime will take effect, stipulating that all foreign income and gains will become taxable after just four years of UK residence …

Posted on 21/03/2024

‘Ramadan Nights’ exhibition kicks off at Expo Centre Sharjah

The exhibition features discounts of up to 75 percent covering thousands of products showcased by over 200 key retailers and around 500 international and local brands.

Posted on 21/03/2024

Sharjah’s Farm Oversight Committee continues inspection tours

Sharjah24: The Farm Oversight Committee in Sharjah is intensifying its inspection tours as part of the emirate’s commitment to organized business operations. This initiative, in line with directives …

Posted on 21/03/2024

Abu Dhabi University Forges 3 Strategic MoUs with International Partners to Foster Unique Learning Opportunities for Students

In line with its ongoing efforts to foster an exceptional academic journey for students, Abu Dhabi University (ADU) has forged three new partnerships wi …

Posted on 21/03/2024

Dubai’s Parkin surges 30% on trading debut in UAE’s first IPO of the year

Parkin is the largest provider of paid parking in Dubai, and is set to see further demand as the city’s population grows.

Posted on 21/03/2024

Dubai: Parkin shares jump over 30% on trading debut on DFM

The Dubai government-backed company was the first to launch an initial public offering (IPO) in the UAE this year, raising Dh1.6 billion …

Posted on 21/03/2024

Currency manager: Central Bank of the UAE

The UAE’s new polymer banknotes are printed in the UAE by Oumolat Security Printing, using De La Rue’s Safeguard polymer substrate, with the design managed by Crane Currency.

Posted on 21/03/2024

FinTech Moove secures $100m Series B funding round

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

Posted on 21/03/2024

Ex-takeaway worker guilty of money laundering in £2bn bitcoin operation

Jian Wen became involved in a criminal racket converting cryptocurrency into assets including property and jewellery …

Posted on 21/03/2024

Former takeaway worker found with £3.4bn worth of Bitcoin convicted of money laundering

A former takeaway worker found with Bitcoin wallets worth more than £3 billion has been convicted of a crime linked to money laundering. Jian Wen, 42, was living in a flat above a Chinese restaurant …

Posted on 21/03/2024

CoinMENA FZE joins Network International to endorse crypto ecosystem

This strategic partnership will allow CoinMENA users to instantly deposit funds using cards directly to their wallet …

Posted on 21/03/2024

Coinbase Plans to Launch Futures Trading for Dogecoin, Lauds Memecoin’s Transition Over Years

Coinbase has outlined its plans to the US Commodity Futures Trading Commission (CFTC) through written letters.

Posted on 21/03/2024

Dubai’s Ramadan markets a veritable melting pot of local culture, cuisine and artisanal flair

Seasonal souks remain ever popular among families, friends, couples and individuals eager to discover local and regional traditions or simply go gift shopping …

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