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Month: December 2024

Posted on 16/12/2024

Danish court sentences British hedge fund trader to 12 years in prison

A Danish court has sentenced British hedge fund trader Sanjay Shah to 12 years in prison for orchestrating a tax fraud scheme that authorities say cost Denmark 9 billion kroner …

Posted on 16/12/2024

British hedge fund trader sentenced to 12 years in prison by Denmark

A Danish court has sentenced British hedge fund trader Sanjay Shah to 12 years in prison for orchestrating a tax fraud scheme that authorities say cost Denmark 9 billion kroner …

Posted on 16/12/2024

Zoho Finance and Operations suite achieves 65% revenue growth in the UAE

Major Updates to Zoho Books, Zoho Inventory, and Zoho Practice Further Strengthen the Finance and Operations Platform …

Posted on 16/12/2024

Nine killed and 73 injured as bus overturns in Sharjah’s Khor Fakkan area

Nine people were killed and another 73 injured in a bus crash in the Khor Fakkan area of Sharjah on Sunday evening, police confirmed. Sharjah Police said the bus, which was transporting 83 workers, …

Posted on 16/12/2024

Trucks banned on Emirates Road towards Sharjah during evening peak hours from January

The Roads and Transport Authority (RTA) and Dubai Police General Headquarters announced a restriction on truck movements along Emirates Road, specifically …

Posted on 16/12/2024

UAE: New tax refund system for retail e-commerce purchase by tourists

The Federal Tax Authority (FTA) announced the launch of a new VAT refund system for E-Commerce Retail Purchases for tourists during their stay in the UAE, which is considered the world’s first of its …

Posted on 16/12/2024

UAE launches major health insurance package for private sector from $87 per year

UAE’s Ministry of Human Resources and Emiratisation launches new insurance product for private sector employees and domestic workers …

Posted on 16/12/2024

Virgin Mobile UAE simplify eSIM activation for tourists with new facial recognition technology

Virgin Mobile UAE has introduced a fully digital eSIM activation process. Tourists can now purchase and activate their eSIM as soon as they clear immigration desks or Smart Gates, enabling instant …

Posted on 16/12/2024

UAE’s RAK DAO and India Blockchain Alliance strategic partnership aims to advance regional blockchain ecosystems

Landmark partnership reinforces Ras Al Khaimah Digital Asset Oasis mission to attract global talent, foster innovation, and accelerate blockchain integration in key sectors …

Posted on 16/12/2024

Drydocks World awarded ostwind 4 project to support Germany’s renewable energy goals

Dubai, UAE: Drydocks World, in partnership with GE Vernova, has secured a landmark project to build and install Ostwind 4, a 2 gigawatt (GW) offshore wind grid connection that will power nearly two …

Posted on 16/12/2024

Bitpanda secures VARA approval for UAE operations

The company secured the regulatory milestone in under eight months from its initial submission, positioning itself to launch operations as Bitpanda Broker MENA DMCC …

Posted on 16/12/2024

ADGM Recognizes USDT, Expanding Crypto Options in UAE

ADGM recognizes Tether’s USDT as an accepted virtual asset, enhancing crypto options in UAE. This boosts the region’s fintech growth.

Posted on 16/12/2024

Bitpanda expands globally; Secures in-principle approval from VARA to enter UAE market

Company strengthens international presence and signals commitment to Middle East by opening its first non-European office in Dubai …

Posted on 16/12/2024

Fourth Sharjah Events Festival attracts over 30,000 visitors

The Sharjah Government Media Bureau wrapped up yesterday the fourth edition of the Sharjah Events Festival at Al Majaz Amphitheatre in Sharjah.

Posted on 16/12/2024

6 things to do in Abu Dhabi this week: December 16 to 19

Another week, another great list… If you’re wondering What’s On in Abu Dhabi, wonder no more. Here are 6 great things to do in Abu Dhabi this week. Monday, December 16 Pool day beckons at SAL View …

Posted on 16/12/2024

Dubai’s Parkin, BATIC partner for Smart City parking solutions in Saudi Arabia

The partnership aims to combine Parkin’s renowned parking management capabilities with Smart City Solutions Co. (SCSC), BATIC’s subsidiary and Saudi Arabia’s largest paid public parking provider …

Posted on 16/12/2024

‘Can my company force me to pay charges if I need to get my UAE visa renewed two weeks early?’

Question: I will be going on annual leave in January for one month but my visa is due for renewal while I am away. I have asked my employer if we can renew early so I will be able to return to the UAE …

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