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Month: May 2025

Posted on 11/05/2025

The UAE’s Islamic finance and halal strategy could boost the industry

The UAE cabinet’s recent approval of the strategy for Islamic finance and halal industry is likely boost the industry, a top agency said. According to a report by Fitch Ratings, the UAE Islamic …

Posted on 11/05/2025

National Bank of Fujairah wins in five categories at MEA Finance Banking Technology Awards 2025

National Bank of Fujairah (NBF) has been recognised in five awards at the prestigious MEA Finance Banking Technology Awards 2025, reflecting the bank’s leadership in delivering secure, cutting-edge …

Posted on 11/05/2025

Flex acquires a16z-backed Maza for $40M as fintech M&A heats up

Merger-and-acquisition deals in the fintech sector have picked up in the last two quarters, according to CB Insights’ State of Venture Q1 2025 report. In the fourth quarter of 2024, the sector …

Posted on 11/05/2025

Global Village Dubai announces later closing date

Not time to say goodbye just yet… Global Village Dubai is one of the most popular attractions in Dubai over the cooler season, and for a good reason. The family-friendly destination offers everything …

Posted on 11/05/2025

Disneyland Abu Dhabi: Rents to increase; hotel rates to rise by up to 25%

Hotel rates in Abu Dhabi and other emirates are expected to rise by as much as 25% following the opening of Disneyland in the UAE capital, with rents and property prices also anticipated to experience …

Posted on 11/05/2025

Building trust in AI: The UAE’s journey to a digital cognitive future

Organisations must recognise that trust and innovation are not competing priorities but complementary forces. For instance, the digital cognitive brain concept offers a framework …

Posted on 11/05/2025

DET, Dubai Finance launch ‘Dubai In-Country Value Programme’ to boost opportunities for local manufacturers

The Dubai Department of Economy and Tourism (DET), in collaboration with the Dubai Department of Finance (DOF), has launched the ‘Dubai In-Country Value (ICV) Programme’, aimed at strengthening the …

Posted on 11/05/2025

Watch: Man injured in cargo ship airlifted to Sheikh Shakhbout Medical City in Abu Dhabi

A 50-year-old Indian national was airlifted to Sheikh Shakhbout Medical City in Abu Dhabi after sustaining burns and multiple injuries aboard a cargo ship in the UAE’s territorial waters. The medical …

Posted on 11/05/2025

Sharjah Social Security Fund allows purchase of notional service years

As part of its pioneering vision to achieve a decent living and provide a comprehensive social protection umbrella, the Sharjah Social Security Fund (SSSF) has confirmed that insured employees can …

Posted on 11/05/2025

Sharjah Ruler receives Governor of Japan’s Aichi Prefecture

H.H. Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, received Hideaki Omura, Governor of Japan’s Aichi Prefecture, on Sunday, at Al Badi’ Palace.At the beginning …

Posted on 11/05/2025

Top 35 concerts and events coming to the UAE in 2025, from Grease The Musical to Metallica

Rock, rap, opera and a hit musical are some of the performances coming soon to the UAE. A host of global stars will take centre stage from pop stars Katy Perry and Jennifer Lopez, to nu-metal titans …

Posted on 11/05/2025

‘No downturn expected’: Dubai’s property market will grow through 2033, says top developer

Dubai property prices market will continue to see steady growth over the next 8 years with an increase of up to 7 per cent year-on-year and the market is unlikely to see any ‘downturn’ in the near …

Posted on 11/05/2025

‘No brand drives income like Disney’: What Disneyland Abu Dhabi means for the UAE and Middle East

What happens when Disney targets not just a new city, but an entirely new region?This week, Disney announced its first new development in 15 years, with Disneyland Abu Dhabi set to become the …

Posted on 11/05/2025

UAE: Thunderstorms, heavy rains expected to hit parts of the country

Thunderstorms are expected to affect the central region of the UAE, with potential weather changes likely during the noon and afternoon hours. According to Sharjah Planetarium, cumulonimbus cloud …

Posted on 11/05/2025

RBI Tightens Digital Lending Norms To Safeguard Borrowers, Clean Up Fintech

In a move aimed at formalising and securing India’s fast-evolving digital lending ecosystem, the Reserve Bank of India (RBI) on Thursday issued its consolidated regulatory framework titled the Reserve …

Posted on 11/05/2025

UAE embraces Bitcoin, IBIT attracts $1B: A global BTC shift unfolding?

Notably, BlackRock’s spot Bitcoin ETF, IBIT, continued to draw significant capital, recording $356.2 million in inflows on the 9th of May, per Farside Investors. The fund has now notched 19 straight …

Posted on 11/05/2025

The Vibes From Dubai: What Token2049 Chatter Reveals About the Future of Crypto

Is the Bitcoin bull run nearly over? Will crypto ever become simple enough for normies? Idle chatter at Token2049 revealed plenty about the current state of the space.

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