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Month: August 2024

Posted on 17/08/2024

$45B valuation — Revolut becomes Europe’s most precious private tech firm

Revolut’s new valuation puts it above most of Britain’s oldest banks, including Barclays, Lloyds Bank, and NatWest.

Posted on 17/08/2024

How Revolut won the banking licence that would unlock its growth

Securing a UK licence was seen as key in the fintech’s pursuit of a €41bn market valuation and to compete against more established traditional banks …

Posted on 17/08/2024

A Bright Future for Cryptocurrency? Dubai Court Legalizes Cryptocurrency for Salaries; Russia and China Eyes On BTC Bypass Dollar

The legalization of cryptocurrency for salaries in Dubai signals growing mainstream acceptance. With Russia and China looking at Bitcoin to bypass the dollar, BTC is getting stronger. Ethereum (ETH) …

Posted on 17/08/2024

XRP Whales Move 106M Coins, Rally To $0.69 Face Headwinds?

XRP price faced increased turbulence today, aligning with a staggering 106 million coins moved by XRP whales over the past day.

Posted on 17/08/2024

Binance returns to India as registered crypto exchange following 7-month ban

Binance has reappeared on India’s Google Play Store and Apple App Store after a seven-month ban, having registered with the FIU-IND to comply with AML and CFT regulations.

Posted on 17/08/2024

Localy App: Your Gateway to UAE’s Finest Local Products

The Localy app brings the best of the UAE’s locally manufactured, planted, packed, and produced products directly to your doorstep. From fresh fruits and vegetables to high-quality groceries, Localy …

Posted on 17/08/2024

UAE equities gain amid global rally on rate optimism

Stock markets in the United Arab Emirates edged higher on Friday as investor sentiment was bolstered by encouraging U.S. inflation data and expectations of a rate cut by the Federal Reserve.

Posted on 16/08/2024

Debt-ridden council accuses solar tycoon of blowing £150m of its cash

A debt-ridden council has accused a Dubai-based solar tycoon of blowing £150 million of its cash on his luxury lifestyle, including by purchasing his own yacht and private jet. A High Court lawsuit by …

Posted on 16/08/2024

Traveller Letters: I was caught out by Qantas-Emirates codeshare

I recently flew Emirates business class to Europe for $10,000-plus, but opted to put the points on my Qantas Frequent Flyer.” …

Posted on 16/08/2024

Ten ways to tell if you’re an Abu Dhabi old-timer

It’s been a decade since I moved to Abu Dhabi from the US. What began as an adventure into the unknown in 2014 has turned into finding a place I now call home. Over the past 10 years, the city has …

Posted on 16/08/2024

Longevity business booms in Dubai as clients look to extend healthy life

An anti-ageing clinic in Dubai has opened its doors with the claim that it can take ten years off the biological age of those enrolling in customised longevity programmes.In an era of longevity …

Posted on 16/08/2024

20 Years in the Making, Kelly Slater’s Abu Dhabi Wave Pool Is A Tech Marvel

This week, the latest iteration of Kelly Slater’s wave pool design, Surf Abu Dhabi, announced that they’d be opening in October. The best wave in the United Arab Emirates, it’s the first time we’ve …

Posted on 16/08/2024

GTRI suggests duty cuts withdrawal on silver, diamonds, gold jewellery under India-UAE FTA

With the government seeking a review of certain provisions of a free trade agreement with UAE, think tank GTRI on Friday asked for the withdrawal of duty cut concessions on platinum, silver, diamonds, …

Posted on 16/08/2024

‘From 1,000 calls to 7 a day’: UAE’s telemarketers make major changes to avoid hefty fines

The UAE’s new telemarketing regulations are set to take effect starting from August 27. Companies and employees have started to shift their strategies to ensure compliance with the amended regulations …

Posted on 16/08/2024

Debt-ridden council accuses solar tycoon of blowing £150m of its cash on luxury lifestyle including £14m yacht, £9m private jet and £20m on country estate

A debt-ridden council has accused a Dubai-based solar tycoon of blowing £150 million of its cash on his luxury lifestyle, including by purchasing his own yacht and private jet. A High Court lawsuit by …

Posted on 16/08/2024

Abu Dhabi to India flights are about to get extra special with Etihad

Etihad’s love affair with India began on September 26, 2004, with its inaugural flight to Mumbai, and the relationship has only grown stronger over the years. Today, Etihad operates nonstop flights …

Posted on 16/08/2024

Is this the longest brunch in Abu Dhabi ever?

Luncheon lovers assemble! There’s an Abu Dhabi brunch marathon like no other at Porter’s English Pub coming up and it’s going to be a longun’. As Grand Millennium Al Wahda celebrates its 12th …

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