Other startups in the region that secured significant funding rounds in the second quarter included Healing Realty Trust, a Boca Raton-based business productivity firm that raised …
Frantzén to open two restaurants in Dubai
The Swedish chef Björn Frantzén is set to open two new restaurant concepts in Dubai later this year. Björn Frantzén already has one restaurant in Singapore and one in Bangkok …
Pakistani singer Rahat Fateh Ali Khan denies arrest reports in Dubai, urges fans to disregard ‘nasty rumours’
Reports indicated that the acclaimed artist, known for his contributions to Indian cinema as well as his original works, was in Dubai for a musical collaboration. It was alleged that he was detained a …
Couple jailed 5 years for trafficking woman to Dubai for prostitution
The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has said it has secured the conviction of a couple in Benin for human trafficking. Mr Ganiu Aganran, the Coordinator of the …
Dubai traffic to ease: RTA completes major road improvements; travel times to take only 4 minutes
Travel time from Sheikh Mohammed bin Zayed Road to Al Rebat Street towards Business Bay Crossing is projected to decrease from 10 minutes to 4 minutes, a 60 percent reduction.
Elon Musk’s Starlink satellite service being used at Gaza hospital
Elon Musk has said his Starlink satellite internet service is now active in a hospital in Gaza. The billionaire announced the news on his social media platform X, formerly Twitter, saying it had been …
Museum of the Future welcomes second wave of MBRSC astronauts
The astronauts shared fascinating insights into their rigorous training, upcoming missions, and the realities of space travel, sparking the children’s imaginations and curiosity. The event concluded …
Major airline announces free Wi-Fi ‘for all passengers’ on every flight
The roll-out of free Wi-Fi will start this year meaning passengers will be able to stay online while in the air …
UAE’s Falcon Shield Exercise Unveils Unexpected Chinese Espionage Threats for US
Recent joint air force exercise known as Falcon Shield Exercises held between the United Arab Emirates (UAE) and China are raising concerns about potential information gathering on Western aircraft by …
UAE’s Falcon Shield Exercise Unveils Unexpected Chinese Espionage Threats for US
Recent joint air force exercise known as Falcon Shield Exercises held between the United Arab Emirates (UAE) and China are raising concerns about potential information gathering on Western aircraft by …
UAE: Now residents can get personal, auto loans through fintech company
The UAE’s fintech market is expected to grow significantly in the coming years, driven by the increasing demand for online payment solutions and the growth of the e-commerce ind …
Empowering economies: e& and the fintech revolution
Khalifa Al Shamsi, CEO of e& life and Acting CEO of e& international, explores the future of finance and technologies shaping the financial landscape in emerging economies across MENAP …
Astra Tech’s Quantix becomes the first fintech to receive CBUAE’s Finance Company License
In a groundbreaking development set to reshape the financial landscape of the UAE, Astra Tech’s wholly-owned subsidiary, Quantix Technology Projects LLC (“Quantix”), has been granted a full Finance …
Dubai business owner wins $1 million after 5 years of buying Duty Free tickets
An Emirati and an Indian have joined the millionaires club after being announced as the winner of the latest Dubai Duty Free Millennium Millionaire and Finest Surprise draw on Wednesday. Saeed Mohamad …
Dubai Islamic Bank’s H1 pre-tax profit surges past $1 billion mark
Total income up 21% to $3.08 billion; Pre-tax profit up 18% to $1.01 billion; Balance sheet rises 2.7% to $87.95 billion …
Commercial Bank of Dubai Q2 profit rises 16% on higher interest income
Commercial Bank of Dubai said net profit for the second quarter of 2024 rose 16% to 751.5 million UAE dirhams ($204.60 million) compared with AED 1.23 billion a year ago, driven by strong loan growth …
UAE small firms seek streamlined banking experience
Obtaining financing from banks can be a hurdle for small and medium enterprises (SMEs) in the UAE due to short credit histories, difficulty providing colla..