India’s platinum imports soared recently as bullion dealers exploited a regulatory loophole by registering alloys containing around 90% gold as platinum to benefit from lower import duties. This has …
Ind’s 4-week platinum imports cross ’23 total
Since April 1, dealers pay only 5% import duty on platinum against 15% on gold under the Comprehensive Economic Partnership Agreement signed between India and major bullion trading hub the UAE in 2022 …
Ancient ship — made of goat hair and reeds — reconstructed off Abu Dhabi, photos show
The unique vessel proved seaworthy, completing multiple “rigorous tests” that spanned 57 miles in the Arabian Gulf, researchers said. The ship, helmed by Emirati sailors and escorted by the UAE Coast Guard, reached speeds of 5.6 knots.
Blockchain Life 2024 in Dubai Unveils Speakers, Industry Leaders from Tether, Animoca Brands and More
Blockchain Life 2024, one of the world’s leading events in web3, cryptocurrencies and mining sphere, today announced the first wave of its esteemed speaker lineup for the 13th edition of the event.
Banks in Abu Dhabi pump AED 45.8 bn in financial facilities in first four months
Gross domestic credit extended by banks operating in Abu Dhabi in the first four months of the year grew by 5 per cent or AED 45.8 billion to AED 961.9 billion from AED 915.9 billion at the end of …
Nigeria, UAE to resume flights between both countries, minister says
Nigeria and the United Arab Emirates reached an agreement allowing for the resumption of travel between the two countries, Nigeria’s information minister said on Monday. The UAE stopped issuing visas …
BREAKING: UAE lifts visa ban on Nigerians
The United Arab Emirates Government has finally lifted visa restrictions imposed on Nigerians with immediate effect.The Minister of Information and National Orientation, Mohammed Idris, made this …
BREAKING: “Face-Off Settled,” UAE Lifts Visa Ban on Nigeria With Immediate Effect
On Monday, July 15, the government of UAE in effort to strengthen bilateral relationships with Nigeria has announced the resumption of Visa services.
UAE, Saudi and Egypt start-ups secure most VC funding in H1
Start-ups in the UAE, Saudi Arabia and Egypt secured the most funding in the first half in Mena as the region’s venture capital landscape witnessed a 33 per cent increase in investor number, …
What the revived World Islands tell us about a fast-transforming Dubai
and Dubai was never on their radar”, according to Sajwani. The businessman, who is also building a resort in the Maldives, is not the first to try to make the concept work. The World Island called …
Emirates passengers can start Dubai holidays with free stay at luxury hotel
Through July 21, travellers who purchase an Emirates return ticket can take advantage of a free stay at five-star luxury hotel JW Marriott Marquis Hotel Dubai.
Dubai Mall could be on its way to breaking another world record
In 2023, Dubai Mall was recognised as the most visited place on Earth, and it seems could be on the way to doing it again this year. Known for the endless selection of shops, incredible attractions …
BlockScholes X Bybit Crypto Derivatives Analytics Report Reveals Investors More Bullish on ETH Than BTC
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in partnership with BlockScholes, has released its latest Crypto Derivatives Analytics Report, highlighting a notable …
Team USA takeaways: Anthony Davis leads Americans to win over Australia in Abu Dhabi exhibition
Anthony Davis led the United States with 17 points points on 6-for-12 shooting, 14 rebounds (seven offensive), two blocks and a steal in 18 minutes at Etihad Arena in Abu Dhabi. The United States led by as many as 24 points, but the margin shrunk to just …
Ruler of Dubai meets UAE astronauts gearing up for space missions
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, on Monday hailed the UAE as a major player in the global space race after meeting two of the country’s astronaut corps aiming to reach …
Growing fruits and vegetables in the UAE desert: Why the future of farming looks bright
With its high temperatures, low rainfall, and vast expanses of desert, the UAE doesn’t offer ideal farming conditions. But where there is a will, there is a way. My parents used to tell me that the …
Banks in Abu Dhabi pump AED45.8 bn in financial facilities in first four months
ABU DHABI, 15th July, 2024 (WAM) – Gross domestic credit extended by banks operating in Abu Dhabi in the first four months of the year grew by 5 percent or AED45.8 billion to AED 961.9 billion from AED915.9 billion at the end of last year, according to UAE banking indicators by emirate released by the Central Bank of the UAE (CBUAE).