(Reuters) – Pakistan’s central bank said on Thursday that the United Arab Emirates has confirmed rollover of its two deposits of $1 billion each placed with state bank of Pakistan for another year.
UAE President issues Federal Decree appointing CEO of Securities and Commodities Authority
President His Highness Sheikh Mohamed bin Zayed Al Nahyan, has issued a Federal Decree appointing Waleed Saeed Abdul Salam Al Awadhi as Chief Executive Officer of the Securities and Commodities …
UAE rolls over $2bn deposits for Pakistan, confirms SBP
UAE rolls over two $1bn deposits with SBP for another year, set to mature in January 2025, says State Bank of Pakistan …
Plans for Luxury ‘Crypto Tower’ in Dubai Unveiled
Blockchain technology will be extensively used to manage the building, which is envisaged as an office space for crypto firms.
DMCC and REIT announce Crypto Tower construction in Dubai
The tower will feature more than 150,000ft² of leasable space for its blockchain- and crypto-oriented tenants.
News Explorer — Dubai ‘Crypto Tower’ Will Have a Gold Bullion Shop and Exotic Car Dealership
Plans for a new “Crypto Tower” in Dubai have been unveiled, featuring a gold bullion shop, exotic car dealership, and exclusive club. The 17-storey building aims to attract blockchain, DeFi, and Web3 …
DMCC to Build 17-Storey ‘Crypto Tower’ in Dubai for Crypto, Web3 Firms
In March 2022, UAE Prime Minister Sheikh Mohammed bin Rashid Al Maktoum officially established the Virtual Assets Regulatory Authority (VARA) to monitor Web3 in Dubai. All Web3 players looking to set …
UAE: Ministry of Energy and Infrastructure drafts new legislations to enhance hydrogen sustainability
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, announced that the ministry, in collaboration with the International Partnership for Hydrogen and Fuel Cells in the Economy …
Dubai real estate: Which developers have sold the most $10mn plus apartments in 2024?
One location in the city that proved to be a particularly bright spot for asset price growth was Palm Jumeirah. The top developer in the $10mn+ market here was heavily dominated by OMNIYAT properties …
MENA’s Fastest Wi-Fi in Riyadh and Dubai Hotels
The evaluation, utilizing data from October 2023 to October 2024, classified hotel Wi-Fi performance into three distinct categories. The highest tier included …
Hamriyah Free Zone Authority supporting “Meet the Farmers” conference
DUBAI, 18th November, 2017 (WAM) — The Hamriyah Free Zone Authority (HFZA) is supporting this year’s Meet the Farmers Conference, to be held in Dubai on 21st and 22nd November at The Waldorf Astoria …
Germany is going nuts for Dubai chocolate
I t sold out in four days. The “ Aldon Schokolade Dubai Style” was created by patissiers at a fancy hotel in the centre of Berlin. It came in 500g bars with ingredients like home-roasted pistachios …
UAE: Masdar City, the ecological city that Abu Dhabi has created as an example of environmentalism
Abu Dhabi, United Arab Emirates – January 16, 2025 Abu Dhabi wants to show the world that it is possible to build green residential communities, such as the one that is nearing completion in the …
Pillar 2 implementation in UAE: One step at a time
With the introduction of VAT in 2018, followed by Economic Substance Regulations in 2019, anti-money laundering compliances in 2020, and corporate tax in 2..
UAE: Virtual assets creating new challenges in combating money laundering, say experts
The criminal use of virtual assets is posing new challenges in combating money laundering and illicit fund transfers, said experts at the inaugural Interse..
Sharjah real estate: Kuwaiti developer announces massive $953m Al Tay Hills project with UAE’s longest green river
A giant Sharjah real estate development with 1,100 homes and a 2.5km river will hand over its first phase in 2028 …
Sharjah Ruler receives President of Uganda
His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi Supreme Council Member and Ruler of Sharjah received Yoweri Museveni President of the Republi …