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Month: October 2024

Posted on 08/10/2024

Cosmoverse 2024 in Dubai: Connecting global crypto thought leaders, enterprises, and innovators

With just a few weeks left, Cosmoverse 2024 is set to be a major event for the blockchain and crypto industry, taking place in Dubai from October 21-27 …

Posted on 08/10/2024

XRP Price Drops 4.01% after Unlocking 1 Billion Tokens and Latest News on XRP ETF

With the various good news about XRP above, the price of XRP has decreased. Currently, XRP is trading at $0.6019 with a trade of 4.01%. However, in the last 24 hours, XRP touched its highest price, …

Posted on 08/10/2024

UAE exempts digital asset transfers from VAT as regulations evolve

Amendments to value-added tax (VAT) regulations in the United Arab Emirates (UAE) will exempt transfers and conversions of digital assets, including cryptocurrencies.

Posted on 08/10/2024

National Bank of Bahrain rolls out its first Bitcoin investment fund

The National Bank of Bahrain has announced the launch of its first Bitcoin investment fund, designed for institutional investors in the Middle East’s Gulf Cooperation Council, formed by Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE).

Posted on 08/10/2024

United Arab Emirates Updates Tax Rules To Exempt Crypto Transfers From VAT

Regulators in the United Arab Emirates have published VAT amendments that exempt crypto transfers and conversions from VAT.

Posted on 08/10/2024

Las Vegas gambling operator Wynn Resorts to open first UAE casino

The UAE is looking to lure gaming tourists with the development of a large casino in the northern emirate of Las al-Khaimah.

Posted on 08/10/2024

Crypto Taxes In UAE Scrapped! What The Future Holds For UAE. Will Other Countries Follow Suit?

Explore the implications of the UAE scrapping crypto taxes! Discover what this means for the future of crypto in the UAE and if other nations will follow.

Posted on 07/10/2024

Govt to open Invest India office in Dubai to attract UAE investments: Goyal

The government has decided to open an office of Invest India in Dubai to serve as a dedicated point of contact for potential UAE investors seeking to invest in India, Union Minister for Commerce and …

Posted on 07/10/2024

Dubai’s floodlit beaches are pure bliss for expats

The idea, in one of the world’s hottest regions, with temperatures climbing ever higher through climate change, has proved popular –more than one million people have visited the night beaches since …

Posted on 07/10/2024

Man City vs. Premier League hearing: Latest updates on 115 charges case and when there could be a verdict

The latest updates on the Premier League’s legal case against Manchester City, who are accused of multiple breaches of the competition’s financial rules.

Posted on 07/10/2024

Kenya jet fuel re-exports to UAE hit Sh27bn

Analysis of the KNBS data reveals the USA, the Netherlands and Saudi Arabia as other global destinations of jet fuel re-exports from Kenya.

Posted on 07/10/2024

Abu Dhabi: Football for elderly, health festivals for children to be organised under new partnership agreement

Football activities for the elderly, and for people of determination, will be provided, under a social partnership agreement between three entities. The UAE Pro League, Mubadala Investment Company, …

Posted on 07/10/2024

Will Nuggets play more international games during Nikola Jokic era after Abu Dhabi preseason trip?

In spite of all that context, the Nuggets haven’t played a game in Europe during Jokic’s peak. Their win in London occurred less than a month after Malone first inserted Jokic into the starting lineup …

Posted on 07/10/2024

Sharjah film fest for children and youth opens, Palestine is ‘guest of honour’

The festival, running until Oct.12, will feature a curated selection of Palestinian films, allowing audiences to explore the intricacies of Palestinian society, culture, and the history of its cinema.

Posted on 07/10/2024

Abu Dhabi IPO: $558m ADNH Catering announces 40% share sale on ADX

Abu Dhabi National Hotels Company will make available in the offering a part of its shareholding in ADNH Catering comprised of 900,000,000 shares with a nominal value of AED0.10 each, representing 40 …

Posted on 07/10/2024

Abu Dhabi IPO: $558m ADNH Catering announces 40% share sale on ADX

Abu Dhabi National Hotels Company will make available in the offering a part of its shareholding in ADNH Catering comprised of 900,000,000 shares with a nominal value of AED0.10 each, representing 40 …

Posted on 07/10/2024

Abu Dhabi’s ADNH Catering sets IPO price range, seeks to raise Dhs864m

The indicative share price of Dhs0.91 and Dhs0.96 per share implies a market valuation of around $588m at the top of the range …

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