Pseudonymous cryptocurrency trader Tim went viral with a post on X (formerly Twitter), detailing his observations about Dubai and the cryptocurrency industry from attending the Token 2049 conference.
TOKEN2049 Dubai Hailed as an Outstanding Success, with 10,000 Attendees
DUBAI, UAE, April 23, 2024 /PRNewswire/ — TOKEN2049, the premier crypto event, saw record-breaking success for its inaugural Dubai conference, which took place from April 18-19, during TOKEN2049 Week …
Sharjah adopts new measures to deal with natural disasters in future
The council has also granted commercial and economic establishments the opportunity to postpone the payment of fees related to renewal and violations for one month. This takes into account the damages …
Breaking new ground: The Abu Dhabi Autonomous Racing League
On April 27, the Abu Dhabi Autonomous Racing League, or A2RL, will attempt what has never been done before: put four autonomously driven racecars on track to compete together for the first time. Cue …
Ethics Education Fellowship Programme begins in Abu Dhabi
Abu Dhabi is hosting the event, “Convening of Champions,” as part of the Ethics Education Fellowship Programme, co-hosted by the Muslim Council of Elders, the Higher Committee of Human Fraternity, the …
Dubai’s record rainfall spotlights Gulf’s troubled relation with water
The Gulf’s longterm love–hate relationship with water lies behind a year and a half’s worth of rain that fell on Dubai in 24 hours. It includes climate change-induced shifting rainfall patterns, groundwater extractions and unsustainable consumption.
Dubai sees a new property project launched every 18 hours in Q1 2024
Both local and foreign developers are aggressively launching projects, averaging more than one launch every day in the first quarter of 2024 in …
UAE and Oman set up investment partnerships worth $35bn
Abu Dhabi holding company ADQ and Oman’s sovereign wealth fund Oman Investment Authority will be part of the fund.Rail connectionA UAE-Oman rail connectivity project, valued at Dh11 billion, and a …
Giant drill ship ordered for $806m and never traded after 2017 launch heads for scrap
Although launched in 2017 at a Jurong Aracruz Shipyard in Brazil, now part of Singapore’s Seatrium, the vessel was never completed after Sete International cancelled the original $806m contract.
UAE seeks closer air force ties with China as leaders meet in Beijing
The chief of joint operations for the United Arab Emirates (UAE) Armed Forces has met with the head of China’s People’s Liberation Army Air Force (PLAAF) as the two countries look to promote closer co …
UAE, Saudi bright spots as Middle Eastern retailers face challenges due to geopolitical tension
Retailers in the Middle East that have franchises of Western brands are facing a tough time, but the UAE and Saudi Arabia are still bright …
Dubai Islamic Bank Q1 2024 pre-tax net profit hits Dh1.85 billion, a robust growth of 22% YoY
Dubai Islamic Bank announced on Monday that its first quarter profit rose 22 per cent year-on-year (YoY) to reach Dh1.85 …
Fostering UAE-India trade
In describing the strategic partnership, most observers will point to the significant bilateral trade of $85 billion and the consistent and constructive high-level government-to-government …
Hafeet Rail: Work begins on $3bn UAE to Oman train network
The UAE and Oman will work together on Hafeet Rail, a $3bn train network from Abu Dhabi to Sohar. Ahmed Al Musawa Al Hashemi, CEO of Hafeet Rail, said that the railway project between the UAE and Oman …
UAE insurance rates could surge following rain and severe weather
S&P Global Ratings says impact on insurance company earnings following heavy rain in the UAE could lead to rate increases for customers …
UAE and Oman establish investment partnerships worth AED129bln to deepen cooperation across multiple sectors
Mutual investment cooperation covering multiple sectors such as digital infrastructure, food security, energy, transport and other areas of mutual interest. The agreement was signed by the Ministry of …
Q&A: Abu Dhabi’s Strategic Leap Forward in Global Accessibility
Abu Dhabi is strengthening its global profile with infrastructure leaps, including a new airport terminal to improve visitor experiences.