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Month: October 2024

Posted on 03/10/2024

UAE weather: Clear skies ahead; temperatures may dip below 30°C in some areas

Temperatures may hit a high of 41 degrees Celsius in Dubai and Abu Dhabi but may also dip to 27 degrees Celsius in some parts of the UAE Capital. It will be humid at night and it may remain so until …

Posted on 03/10/2024

UAE’s DAE, AXA clinch deal as battle over jets ‘lost’ in Russia kicks off

The Dubai aircraft leasing firm DAE had valued its claim for 22 aircraft, one engine and one piece of equipment at $737.8m.

Posted on 03/10/2024

Look: Shopping trolleys that charge phones? UAE students invent ways to change the future

Heard of a trolley that can charge phones? Thirteen-year-old Hamdan Jumah Hassan Rahmah created a 3D printed shopping cart which could turn its kinetic energy (produced when the cart is pushed) into …

Posted on 03/10/2024

Sharjah’s Department of Housing provided $3.5bln in housing support since 2010

Over the past 13 years, the department has supported 13,510 beneficiaries, offering 6,959 grants and 6,551 loans, totaling more than AED 13.5 billion. This initiative aligns with the Ruler’s …

Posted on 03/10/2024

UAE’s Masdar likely to issue new green bond in 2025, says finance chief

Abu Dhabi clean energy company Masdar will probably issue its third green bond next year as it raises funds to support its global renewables projects, its chief financial officer has said. The next …

Posted on 03/10/2024

Hedge Funds That Bet Big on China Score 25%-Plus September Gains

China’s stimulus blitz handed more than 25% returns in September to some hedge funds as the nation’s stocks surged, according to people with knowledge of the matter.Most Read from BloombergA …

Posted on 03/10/2024

Maktoum bin Mohammed: ‘UAE continues to solidify its position as a leading global financial hub’

Sheikh Maktoum praised the efforts of the Ministry’s teams, which has significantly contributed to achieving the growth targets of the national economy …

Posted on 03/10/2024

Sharjah Biennial Announces Artists for 2025 Edition, Will Feature Works by Arthur Jafa, Lorna Simpson and More

The 16th Sharjah Biennial is set to run from February 6, through June 15, 2025 across the United Arab Emirates.

Posted on 03/10/2024

There has been a ‘dramatic’ decrease in offshore advisers

There has been a “dramatic” reduction in the number of advisers in the international space, according to William Burrows, co-founder and group managing director of AHR Group.

Posted on 03/10/2024

Is It Safe To Travel To Dubai? Latest UAE Travel Advice Explained

The UAE, particularly Dubai, which sees over a million British visitors annually, faces scrutiny due to the escalating Iran-Israel conflict. Many tourists plan to visit landmarks like the Burj Khalifa and Jumeirah Mosque this winter.

Posted on 03/10/2024

CID launches probe into NASA group chairman over $3m money laundering allegations

The Criminal Investigation Department (CID) has launched an investigation into Nazrul Islam Majumdar, the chairman of NASA Group, over allegations of laundering approximately $3 million to the United …

Posted on 03/10/2024

T-Mobile Sells $561 Million Wireless Debt Deal Shelved in August

T-Mobile US Inc. sold more than half-a-billion dollars worth of bonds backed by wireless equipment contracts after postponing the deal in August, when debt markets were roiled by a maelstrom of …

Posted on 03/10/2024

UAE President, VP discuss welfare of citizens in Dubai meeting

Their Highnesses discussed a number of topics related to the UAE’s ongoing progress and ways to advance the aspirations of the nation and its people for further growth and prosperity.

Posted on 03/10/2024

MoneyLion: A Good Growth Play In The Fintech Industry

MoneyLion has an integrated fintech platform with strong growth. While in an early growth phase, it has positive adjusted EBITDA. Learn more on ML stock here.

Posted on 03/10/2024

UAE stops issuing visas to nationals of this country

UAE has reportedly suspended the issuance of visas to residents of Jordan as several citizens have complained about it in recent days.

Posted on 03/10/2024

Mining Grid elevates blockchain community with Mining Race and Dubai showroom opening

The Mining Race is a global program designed to empower the community to actively participate in the primary mining market …

Posted on 03/10/2024

Mining Grid elevates blockchain community with Mining Race and Dubai showroom opening

The Mining Race is a global program designed to empower the community to actively participate in the primary mining market …

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