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Month: March 2024

Posted on 18/03/2024

UAE’s du eyes fintech push with new central bank licences

The UAE’s second major telecoms network, du, is set to branch out into financial technologies (‘fintech’) amid the company having just secured digital financial services licences from the Central Bank …

Posted on 18/03/2024

Hong Kong’s family offices are thriving as study shows growing interest, with Dubai royal the newest entrant

The number of family offices in Hong Kong may have exceeded those established in major financial centres in the region as efforts in the past year to lure foreign capital started to show results.

Posted on 18/03/2024

UAE: Abu Dhabi healthcare provider eyes zero medical waste to landfill by 2040

It also plans to reduce water consumption by 10 per cent by 2030, with a focus on reusing 5 per cent of total water consumed annually …

Posted on 18/03/2024

Video: UAE President breaks fast with worshippers at Sheikh Zayed Mosque

The presence of the President, alongside other dignitaries including Vice-President Sheikh Mansour bin Zayed Al Nahyan, Abu Dhabi Crown Prince Khaled bin Mohamed Al Nahyan, Dr Sultan Ahmed Al Jaber, …

Posted on 18/03/2024

UAE Agrees 15-Year Gas Deal in Boost to German Energy Security

The United Arab Emirates will sell liquefied natural gas to Germany for 15 years starting 2028, in a deal that further cements Europe’s fossil fuel use and underpins the Middle Eastern country’s plan …

Posted on 18/03/2024

UAE: Surprise WhatsApp letter from Indian PM Modi raises questions among residents

Many expressed concerns over the perceived breach of their data privacy, while opposition parties criticised him of misusing government resources for political gain …

Posted on 18/03/2024

Amid Dubai’s luxury villa refurb boom, some preserve homes of the past

Dubai’s ultra-luxury market continues to experience high … prices for both new and existing properties have shot up. Enter refurbishment. Despite the high demand, the supply of luxury homes — and …

Posted on 18/03/2024

Supreme Council of Energy approves increasing energy and water efficiency programmes in Dubai

DUBAI, 18th March, 2024 (WAM) — H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy (DSCE), chaired the 81st meeting of the Council, which was held virtually in …

Posted on 18/03/2024

49th edition of Middle East Energy set to power up its transformative role in renewable energy

Leadership Summit to Deliver Overview of Region’s Energy Landscape. Dubai, UAE: Serving as a catalyst in the rapidly evolving energy landscape in the region, Middle East Energy …

Posted on 18/03/2024

Eid Al Fitr 2024 likely date predicted by UAE astronomers

According to the latest calculations based on the Islamic Astronomical calendar, the month of Ramadan is expected to be a 30-day month …

Posted on 18/03/2024

du wins licences to offer digital financial services

Emirates Integrated Telecommunications Company (EITC -du) today announced that it has received licences from the Central Bank of the UAE to offer new digital financial services.

Posted on 18/03/2024

Sharjah Asset Management learned about the best practices followed by Japanese companies

The delegation from the company included Omar Al Mulla, CEO of the Investment Sector at Sharjah Asset Management Company, and Rashid Burehaima, Acting Executive Director – Osool Investments, and Iyad …

Posted on 18/03/2024

Abu Dhabi outperforms Gulf bourses in early trade

March 18 (Reuters) – Abu Dhabi outshone Gulf stock markets in early trade on Monday, as a rise in oil prices and stronger-than-expected Chinese economic data lifted investor sentiment. China’s factory …

Posted on 18/03/2024

Aldar sells Abu Dhabi’s ‘most expensive’ penthouse for $37m

Aldar, the biggest listed developer in Abu Dhabi, has sold the emirate’s most expensive apartment for Dh137 million ($37 million) as demand for luxury property continues to rise in the UAE capital.

Posted on 18/03/2024

UAE: Job-seekers learning Arabic for ‘bilingual’ tag that offers better opportunities

The prime learners – 36.1 per cent – are in the 26-35 age bracket, followed by 31.7 per cent between 35-50 years and 20.2 per cent being between 16-25 years …

Posted on 18/03/2024

Investors in the UAE’s precious metal market saw a 10-year high for gold bars and coins in 2023

Bahrain’s gold reserves were valued at $6.648 million in the fourth quarter of 2023 Dubai, UAE – 18 March 2024: Bas Kooijman, CEO and Asset Manager of DHF Capital S.A., cites that a steady rise in …

Posted on 18/03/2024

UAE Tech Podcast: Yango Play & Does Your AI Speak Khaleeji?

If you’ve been living in Dubai it’s been difficult to avoid Yango, an app that is being noticed for impressively accurate GPS and ride-hailing services.

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