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Month: October 2024

Posted on 02/10/2024

UAE: Central Bank bans insurance provider from issuing new policies due to violations

The c (CBUAE) on Wednesday said it had prohibited a Takaful insurer from issuing or concluding new motor and health insurance contracts for violating the laws. The ban includes renewals as well, …

Posted on 02/10/2024

Ajman Bank included in FTSE Global Equity Index Series

This milestone underscores Ajman Bank’s growing presence in the global financial markets and provides enhanced visibility for investors worldwide …

Posted on 02/10/2024

Chipotle Dubai review: Mexican chain’s first UAE branch is filling, familiar and fresh

There are very few reasons why I would drive from Abu Dhabi to Dubai on a Monday afternoon. Attending a preview – and getting a first taste – of Chipotle is definitely one of them. The Mexican …

Posted on 02/10/2024

DEBUNKED: The UAE is Not Suspending Visas for Jordanians

Recent rumors suggested that the United Arab Emirates (UAE) had suspended entry visas for Jordanians, causing quite a stir among those planning to travel. However, an informed source has confirmed to …

Posted on 02/10/2024

XRP loses 2% even as Ripple secures Dubai license

Ripple (XRP) receives in-principle approval from Dubai’s Financial Services Authority. The payment remittance firm secured a financial services license, and this could bolster adoption of Ripple …

Posted on 02/10/2024

Cryptocurrencies Price Prediction: Ethereum, Ripple & Bitcoin — Asian Wrap 02 October

Ripple (XRP) receives in-principle approval from Dubai’s Financial Services Authority. The payment remittance firm secured a financial services license, and this could bolster adoption of Ripple …

Posted on 02/10/2024

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin dips below $61,000 amid escalating tensions between Israel and Iran

The daily chart’s Relative Strength Index (RSI) supports this decline in Bitcoin’s price. It trades at 49, below its neutral level of 50, indicating a weakening in bullish momentum. If the RSI …

Posted on 02/10/2024

UAE flight cancellations: Emirates and flydubai urge passengers to check journeys

Emirates has cancelled flights from Dubai to destinations including London and has urged passengers to check their journeys. Several flights from the city’s biggest airline, due to take off on Tuesday …

Posted on 02/10/2024

UAE: Burger cafe shut down after 3 warnings for ‘high-risk violations’

The closure resulted from serious food safety violations and the facility’s failure to implement effective corrective measures …

Posted on 02/10/2024

Abu Dhabi’s ADNOC to buy German chemicals firm Covestro for $16 bln

Abu Dhabi’s ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros ($16.3 billion), including debt, in the energy giant’s biggest ever acquisition.

Posted on 02/10/2024

Dubailand vs Dubai Creek Harbour: How much real estate can you buy for $1mn?

Here is a comparison of the type of properties you can buy in Dubailand and Dubai Creek Harbour for $1 million …

Posted on 02/10/2024

Beyond branded real estate: Inside Muhammad BinGhatti’s journey to UAE property mogul

BinGhatti believes factors like Dubai’s growing population, tenant demand, and yields still outpacing other major international financial centres will insulate the luxury market even in a potential do …

Posted on 02/10/2024

U.S. and UAE Shift as Both Nations Forge New Paths in Artificial Intelligence

The United States and the United Arab Emirates (UAE) have experienced noticeable strain over the past few years as the Emirati kingdom developed closer ties with China. The two countries had a …

Posted on 02/10/2024

Abu Dhabi Invites Bids for 1.5GW Al-Zarraf Solar Project

A significant step towards enhancing its renewable energy landscape has been initiated by Abu Dhabi, as it officially announced the launch of a competitive bidding process for the 1.5-gigawatt (GW) Al …

Posted on 02/10/2024

TECOM to buy commercial asset in Dubai Internet City for Dhs720m

Dubai business park operator TECOM Group said on Tuesday that it had signed an MOU to acquire a Grade-A commercial asset in Dubai Internet City for $196m (Dhs720m).

Posted on 02/10/2024

Dubai: TECOM to acquire commercial space worth AED720mn

TECOM announced a AED2bn expansion plan earlier this year. Dubai: TECOM to acquire commercial space worth AED720mn. Business, commercial real estate, dubai, Dubai Internet City, dubai real estate, …

Posted on 02/10/2024

Future of Automotive Mobility 2024: UAE Leads the Charge in Embracing Digital Car Purchases and Alternative Drivetrains

Arthur D. Little (ADL) has released the fourth edition of its influential Future of Automotive Mobility (FOAM) report, presenting a detailed analysis of current and future trends in the automotive …

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