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Month: May 2025

Posted on 29/05/2025

Dubai completes first tokenized real estate DAMAC property round in 24 hours

Dubai’s Prypco Mint reported that it fully funded the first tokenized property in less than 24 hours with 224 investors from over 40 nationalities in less than 24 hours. The announcement came after …

Posted on 29/05/2025

Sharjah Islamic Bank strengthens global standing with successful pricing of $500mln perpetual sukuk

With a reset spread of 195.6 bps, the issuance also marks a reduction in the Spread achieved in 2019 by 125.7 bps …

Posted on 29/05/2025

UAE central bank slaps $27.8mn fine on exchange house

The Central Bank of the UAE (CBUAE) has imposed a financial sanction of AED100 million on an exchange house following failures in anti-money laundering controls.

Posted on 29/05/2025

Minimum income of $3,500 required to obtain Remote Work Visa in UAE

The United Arab Emirates offers a Remote Work Visa to foreigners working outside the country, allowing them to enter, reside, and work remotely for …

Posted on 29/05/2025

In Dubai’s AI job market, your passport matters

Western job seekers see lucrative offers in the booming AI hub, while others deal with rejections and lower pay.

Posted on 29/05/2025

The fintech craze has hit the auto industry, with nearly $2 billion in deals in 2021. Meet 16 startups winning over investors with new ways to pay for cars, insurance, repairs …

Fintech in the automotive space is heating … Gojek’s investors have included Tencent, Google, Facebook, PayPal, and others. AlgoDriven Launched in 2017, AlgoDriven created a vehicle appraisal …

Posted on 29/05/2025

How Fuze is building the future of payments in the UAE

Mohammed Ali Yusuf (Mo Ali Yusuf) is the CEO and co-founder of Fuze, which provides cutting-edge financial infrastructure for a range of institutions and enterprises. Recently, the business secured a …

Posted on 29/05/2025

Blockchain applications set to transform the future for global industries

The report finds that the ongoing development of defined blockchain use cases — cryptocurrencies, real-world asset tokenization and others — will act as a key disruptor.

Posted on 29/05/2025

OKX: Blockchain Tech to Reshape Global Industries by 2050

OKX and Blockworks Research predict US$600bn tokenised asset market by 2030 as finance sector embraces distributed ledgers …

Posted on 29/05/2025

8 great Dubai restaurant deals to dine at the city’s top restaurants for less

From Atlantis The Royal to DIFC… Looking to eat at Dubai’s best restaurants without forking out for the full a la carte experience? From date night deals to early bird set menus, here are 8 great …

Posted on 29/05/2025

Sharjah Islamic Bank strengthens global standing with successful pricing of $500 million perpetual sukuk

Sharjah Islamic Bank (SIB) has successfully priced US$ 500 million perpetual Additional Tier 1 sukuk with a fixed profit rate of 6.125 percent and a six-year non-call period, making a mark as the …

Posted on 29/05/2025

4 unmissable shows in Abu Dhabi this June 2025

Summer what? While this might officially be “slow season”, the entertainment calendar in Abu Dhabi refuses to sleep. From hilarious comedians to winning musicals to superstar composers, there’s plenty …

Posted on 29/05/2025

Abu Dhabi Investment Office, Metal Park to establish Industry 4.0 Competence Centre in Abu Dhabi

The Abu Dhabi Investment Office (ADIO), in partnership with Metal Park Investment ME Ltd, announced the establishment of a dedicated Industry 4.0 Competence Centre in Abu Dhabi.The advanced technology …

Posted on 29/05/2025

Yango Group expands ‘Points’ loyalty program to Abu Dhabi with valuable rewards for rides

Exclusively available to subscribers of Yango Play, the program offers users the opportunity to earn cashback in the form of Yango Points every time they complete a Comfort-class ride using a cashless …

Posted on 29/05/2025

Dubai’s stock index snaps five-day winning streak as Fitch flags property woes

Most Gulf stock markets settled lower on Thursday, with Dubai’s main index snapping five consecutive sessions of gain, after ratings agency Fitch warned that the real estate prices of the emirate are …

Posted on 29/05/2025

Lancement de la 5G : l’Algérie franchit une nouvelle étape stratégique

TSA Lancement de la 5G : l’Algérie franchit une nouvelle étape stratégique Lancement de la 5G : l’Algérie franchit une nouvelle étape stratégique …

Posted on 29/05/2025

Masdar-backed Emerge in talks for $300m renewables push

Emerge is MDF and Masdar JV Expanding solar and storage May approach SWFs Emerge, a clean energy joint venture between the UAE’s Masdar and France’s EDF Group, is in talks with regional and …

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