This milestone comes at a time when Dubai is cementing its status as the financial powerhouse of the Middle East …
UAE Central Bank fines lenders and insurance companies Dh2.6m for tax standards violations
The UAE Central Bank has imposed Dh2,621,000 ($713,700) in fines on five banks and two insurance companies operating in the Emirates for not following tax compliance standards. These financial …
UAE Central Bank imposes financial sanctions on five banks over tax violations
The Central Bank of the UAE (CBUAE) has imposed financial sanctions totalling 2.62 million dirhams ($713,310) on five banks and two insurance companies over non-compliance with the reporting …
What Crypto Investors Should Know About The Recent OCC Pivot On Crypto Banking
The OCC is redefining and expanding crypto banking options © 2024 Bloomberg Finance LP. The intersection of the tokenized asset space and the TradFi sector has continued to accel …
Abu Dhabi: Registration, timings announced to visit BAPS Hindu Mandir during Eid Al Fitr
Plan your visit to Abu Dhabi’s BAPS Hindu Mandir during Eid Al Fitr with new pre-registration guidelines and extended facilities, along with timings.
UAE’s TAQA revives Naturgy stake talks with Criteria, Bloomberg News reports
Abu Dhabi’s TAQA has approached Naturgy Energy Group’s largest shareholder, CriteriaCaixa, to revive an offer for a stake in the Spanish utility, Bloomberg News reported on Monday, citing people …
UAE astronomers spotted Venus crescent in daylight; here’s how the planet was sighted
Discover how UAE astronomers captured a rare sighting of Venus crescent in daylight using a 14-inch telescope at Al Khatem Astronomical Observatory, overcoming cloudy weather challenges.
Dubai’s Palm Jebel Ali now one of the world’s most exciting real estate opportunities
Dubai, UAE: As the Dubai property market boom continues, Palm Jebel Ali is emerging as one of the most exciting real estate opportunities in the world, offering global investors a chance to secure …
EMSTEEL and Yellow Door Energy partner to develop the largest industrial solar PV rooftop project in the UAE
EMSTEEL is a public joint stock company (ADX: EMSTEEL) and the UAE’s largest steel and building materials manufacturer. The Group leverages cutting-edge technologies to supply both the local market …
UAE: 5 banks, 2 insurance companies fined Dh2.62 million for violating tax rules
Five banks and two insurance companies operating in the UAE have been penalised for non-compliance with tax rules, the Central Bank of the UAE (CBUAE) announced on Tuesday. The Central Bank imposed …
UAE awards $354m contract to build naval patrol vessels
The UAE has awarded contracts to build naval patrol vessels to conduct missions including pirate and smuggler monitoring. Al Seer Marine and Damen International announced their Joint Venture has …
UAE security buyer awards $354m offshore patrol vessels contract
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Abu Dhabi pioneers AI-Driven governance with Microsoft and G42 partnership
The emirate aims to become the world’s first fully AI-native government by 2027, leveraging a sovereign cloud system to enhance public services and set a global benchmark for digital transformation.
Sri Lanka Business Council UAE hosts iftar under the theme ‘Celebrating our diversity’
The Sri Lanka Business Council UAE, in collaboration with the Sri Lankan Embassy and Consulate General in Dubai, hosted a memorable Iftar on March 7, 2025, celebrating diversity with over 250 guests.
The Royal Office of H.H. Sheikh Ahmed Bin Faisal Al-Qassimi and ACET ($ACT) Drive Blockchain Payment Innovation in UAE’s $3.9 Billion USD Initiative
ACET ($ACT), a pioneering blockchain-powered decentralized finance (DeFi) platform, has entered into a Memorandum of Understanding (MoU) with the Royal Office of His Highness Sheikh Ahmed Bin Faisal …
Global fintech XTB expands MENA’s presence with new Dubai office
The company anchored its position as a trusted and regulated brokerage for both retail and institutional investors …
XRP Healthcare to Become Public Company via IPO by Q3 2025, Accelerating AI and M&A Expansion
XRP Healthcare, a fast-growing innovator in AI-driven healthcare and mergers & acquisitions, has announced it will be a public company by Q3 2025.