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Month: November 2024

Posted on 05/11/2024

Dubai Chambers hosts ‘Share Best Practices Forum’ to promote culture of business excellence

Dubai Chambers organised today the ‘Share Best Practices Forum’ to inspire and empower companies in Dubai to achieve business excellence. The forum provided valuable insights into advanced business …

Posted on 05/11/2024

Dubai Humanitarian airlifts 71.6 MT of critical medical supplies to Gaza

Dubai: Under the directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Dubai Humanitarian has airlifted another consignment of urgent relief supplies …

Posted on 05/11/2024

AED16 Billion Plan to Revolutionize Dubai’s Roadways

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the UAE, recently visited the Roads and Transport Authority (RTA) …

Posted on 05/11/2024

Dubai real estate: LEOS announces $299mn Kensington Gardens project in Greenwood

British developer LEOS Developments has unveiled Kensington Gardens, a residential community within Nakheel’s 3.95 million sqm Greenwood development in Dubai, with construction set for completion in …

Posted on 05/11/2024

After pandemic deals, Pharmally bosses buy P1-B Dubai properties

EXCLUSIVE: Lin Weixiong, who owns both properties in Dubai, is facing graft charges over accusations of using Pharmally as a dummy. Former presidential adviser Michael Yang, Pharmally’s guarantor, is …

Posted on 05/11/2024

ADIB becomes first UAE bank to safely test fractional Sukuks offering to retail investors

Currently, accessing the Sukuk market requires a minimum investment of US$200,000. However, with fractional Sukuks and as per the initial approval given to ADIB, retail investors will be able to …

Posted on 05/11/2024

UAE’s new all-in-one financial app ‘Whizmo’ to transform daily transactions for individuals and businesses

The app is designed to lessen financial stress by offering users complete ownership, removing transactional friction, and making daily financial tasks simpler. UAE: Whizpay Technology LLC, a leading …

Posted on 05/11/2024

UAE Banking Federation’s Jamal Saleh on the potential of digital lending

In this interview with Gulf Business, UAE Banks Federation‘s (UBF) director general Jamal Saleh highlights the significant strides made by the UAE banking sector in embracing digital solutions and the …

Posted on 05/11/2024

Dubai authority issues Dh367,000 fine to Vedas Marketing over ‘deceptive promotions’

The Dubai Financial Services Authority (DFSA … reinforcing the DIFC’s status as a premier hub for private banking and asset management in the region. The DIFC also now hosts 27 out of the 29 global …

Posted on 05/11/2024

Top 7 Countries with the Highest Bitcoin Ownership

Bitcoin has rapidly gained global popularity. Let’s find out the top 7 countries with the highest Bitcoin ownership.

Posted on 05/11/2024

UAE stablecoin usage up 55% YoY as new regulations drive market momentum

Through the first half of the year, the value of stablecoins received by services (particularly CEX and DEX) in the country totalled over US$9.8billion …

Posted on 05/11/2024

UAE amnesty ends on October 31 – how you can avail of it

Job opportunities, flexible paperwork requirements – why you shouldn’t miss the amnesty Dubai: The amnesty programme in the UAE – which benefits people living illegally in the country – is …

Posted on 05/11/2024

9 luxurious boutique hotels to unwind at in the UAE

What is on offer once you arrive are some of the most remarkable boutique hotels in the world. These intimate hideaways are designed for a more relaxing experience with your friends and families, …

Posted on 05/11/2024

Abu Dhabi Islamic Bank becomes the first UAE bank to safely test fractional Sukuks offering to retail investors

Named World’s Best Islamic Bank by The Financial Times – The Banker publication, ADIB has a rich track record of innovation, including introducing the award-winning Ghina savings account, …

Posted on 05/11/2024

Abu Dhabi hosts 6th WHO emergency medical teams global meeting

ABU DHABI, 4th November, 2024 (WAM) — Abu Dhabi is set to host the region’s first-of-its-kind global event, the sixth World Health Organisation (WHO) Emergency Medical Teams (EMT) Global Meeting …

Posted on 05/11/2024

Iwan Maktabi unveils The Gallery, the brand’s new flagship store in Dubai

We are happy to have found a new home for our brand in Jumeirah, a welcoming space to host art and carpet lovers” said Iwan Maktabi’s CEO, Mohamed Maktabi. “As a brand dedicated to design for close to …

Posted on 05/11/2024

MrBeast Climbs World’s Tallest Building in Dubai

In a jaw-dropping stunt that has taken the internet by storm, YouTuber Jimmy Donaldson, famously known as MrBeast, recently conquered Dubai’s Burj Khalifa, the tallest building in the world. The viral …

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