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Month: August 2024

Posted on 22/08/2024

Emirates Development Bank launches students entrepreneurship bootcamp

“The Students Entrepreneurship Bootcamp reflects our commitment to empowering the next generation of Emirati entrepreneurs through quality training, fostering local talent, and promoting innovation,” …

Posted on 22/08/2024

The UAE Unveils Its First Central-Bank Licensed Crypto – A Tether Dirham-Pegged Stablecoin

The world’s largest stablecoin provider, Tether (behind $USDT), is launching a new coin pegged to the AED. As the first-ever cryptocurrency licensed under the UAE Central Banks …

Posted on 22/08/2024

UAE extradites Italian businessman Danilo Coppola in accordance with bilateral treaty

Danilo Coppola was apprehended last year, following an Interpol alert, which was issued in response to an international arrest warrant

Posted on 22/08/2024

UAE announces flexible working hours for parents

Federal Authority for Government Human Resources issues guidelines for parents working in public sector for flexible hours over back to school period

Posted on 22/08/2024

Dubai’s new ‘it’ neighbourhood — and where to get the best value for money (according to an expert)

An expert reveals the up and coming Dubai neighbourhoods to know about, and where you’ll get the best value for money …

Posted on 22/08/2024

APAS “5G-enabled Autonomous People Mover Service in a Residential Park”

Private Housing Estate to Host Groundbreaking Field Test of Self-driving Right-Hand Drive VehicleHONG KONG SAR – Media OutReach Newswire – 22 August 2024 – The Automotive Platforms and Application …

Posted on 22/08/2024

Etisalat, du to provide fixed telecom services at Nakheel projects

As part of the Taawun infrastructure deployment initiative, the agreement will cover the provision of essential telecommunications infrastructure in Nakheel’s major projects …

Posted on 22/08/2024

Abu Dhabi fund Mubadala invests in data centre firm Yondr

The data centre infrastructure company has a contracted and reserved capacity of 878 megawatts (MW), of which 58MW are currently operational …

Posted on 22/08/2024

Joint Statement on UAE authorities extraditing Danilo Coppola to Italy

The United Arab Emirates and the Italian Republic have confirmed the extradition to Italy of Danilo Coppola, an Italian national convicted of financial crimes, following an official request.Abdullah …

Posted on 22/08/2024

Dubai to support Chinese businesses’ international expansion as FDI inflows hit $5.4bn

Dubai has pledged to support the expansion of Chinese businesses by positioning itself as a springboard for international markets, as foreign direct investment from the world’s second-largest economy …

Posted on 22/08/2024

Dubai-based Emirati companies invest $1.4 billion in China between 2015-2023

BEIJING, 22nd August, 2024 (WAM) — Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, said that Dubai-based Emirati companies had invested a total of $1.4 billion in the Chinese market …

Posted on 22/08/2024

Phoenix Group, Tether to launch UAE dirham-pegged stablecoin

Abu Dhabi’s Phoenix Group has partnered with cryptocurrency firm Tether to launch a stablecoin pegged to the UAE dirham to tap into the growing demand for the Gulf currency while offering alternatives …

Posted on 22/08/2024

Central Bank of the UAE revokes licence of Muthoot Exchange

The revocation results from the findings of an examination conducted by the CBUAE, which revealed that the Muthoot Exchange failed to maintain its paid up capital and equity to the level required by t …

Posted on 22/08/2024

Tether Plans To Launch A New Stablecoin Based On UAE’s Dirham

Tether, a cryptocurrency startup, announced today that it would introduce a new stablecoin based on the dirham of the United Arab Emirates (UAE) in an effort to meet demand for the Gulf currency and …

Posted on 22/08/2024

How being an epic gamer could get you a 10-year Golden Residency Visa in Dubai

Did you know Dubai has a gaming visa? If you’re a gaming professional then you could be eligible for a 10-year golden residency visa …

Posted on 22/08/2024

Tether Plans To Launch A New Stablecoin Based On UAE’s Dirham

Tether, a cryptocurrency startup, announced today that it would introduce a new stablecoin based on the dirham of the United Arab Emirates (UAE) in an effort to meet demand for the Gulf currency and …

Posted on 22/08/2024

Can UAE employees be paid in Bitcoin? What to know about crypto salaries

A recent ruling by a Dubai court ordering a company to pay an employee’s outstanding dues in UAE currency and cryptocurrency raises questions about whether the UAE is laying the groundwork to allow …

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