Indian crypto exchange CoinDCX on Wednesday said it has acquired Dubai-based BitOasis, a first step in the company’s plans to expand globally. The company, however, did not disclose the cost of …
Sharjah’s $200m drive to ease road congestion toward Dubai
Sharjah has announced a AED750 million ($204 million) road development and upgrade project to ease traffic congestion toward Dubai. A soft opening of the project, ordered by Sharjah ruler Sheikh Dr …
Faces behind the bouts as countdown continues to UFC Fight Night Abu Dhabi
Ahead of next month’s UFC Fight Night in Abu Dhabi on July 25, organisers have revealed two marquee matchups featuring athletes whose stories extend …
UAE defence firms eye global growth as localisation becomes top security priority – EXCLUSIVE
UAE defence companies are pushing deeper into local manufacturing, technology transfer and sovereign capability as global demand shifts towards resilient supply chains and long-term industrial partner …
Got Dhs1,000? UAE opens government-backed investing to the public
The Shariah-compliant investment instrument will be offered through an IPO-style subscription framework similar to those used by Dubai Financial Market and Nasdaq Dubai …
Abu Dhabi residential market posts record Q1 with $10.4bln in sales
Abu Dhabi’s residential real estate sector delivered its strongest first quarter on record between January and March this year, with AED38.1 billion ($10.4 billion) worth of sales across 8,100 …
UAE vs US NRIs: Why FCNR(B) deposits are more tax-efficient for non-resident Indians in the Gulf nation
An FCNR account functions as a foreign currency-denominated repository that allows Non-Resident Indians or Persons of Indian Origin to hold their funds securely.
Business owners back UAE to emerge stronger as US-Iran peace plan brings hope
Residents say they are in the country for the long haul after enduring the challenges of war …
Abu Dhabi’s EDGE, Leonardo joint venture targets over $4.61bln in orders in five years
The joint venture will focus on airborne radars for next-generation stealth platforms, the Kronos Grand Mobile High-Power radar, Combat Management Systems and Multi-Mission Aircraft Sensors …
UAE weather: Dust clears as humidity rises and fog risk returns, while Dubai, Abu Dhabi and Sharjah to have temperatures in the early 40°C range
Dust clears across the UAE as humidity rises and fog risk returns, with Dubai, Abu Dhabi and Sharjah set for early 40°C temperatures and calm, beach-friendly seas …
Emirates Launches World’s First Insurance Package for Travelers to Dubai
The first of its kind, the policy will provide greater peace of mind for those visiting or passing through the UAE.
UAE debuts IPO-style sovereign retail sukuk scheme
The UAE’s Ministry of Finance has launched its first sovereign retail sukuk programme, offering individual investors access to government-backed Islamic investment instruments through a public …
UAE Working On Plan To Eliminate Reliance On Hormuz Strait To ‘Zero’ After War
The UAE is seeking to eliminate its reliance in the Strait of Hormuz to export energy following the war in Iran.
Ethereum Crypto Little Pepe (LILPEPE) Set for Price Increase as Current Presale Stage Nears Sellout
Little Pepe (LILPEPE), a blockchain project building a meme-focused Layer 2 network on Ethereum, today announced that its Stage 13 token presale is approaching full allocation. The company reported …
CoinMENA Expands UAE Payment Rails With Standard Chartered
CoinMENA partners with Standard Chartered to strengthen UAE payment rails as Revolut secures key licenses ahead of its market launch.
Coinbase Expands Into Tokenized Stocks, New Prediction Markets Contracts And Derivatives
The largest crypto exchange in the U.S. is rolling out a flurry of new features as it races Robinhood and offshore rivals to win over young traders.
Falling Murban and Dubai Prices Open Arbitrage to U.S. and Europe
Falling Murban and Dubai crude prices after the U.S.-Iran deal have opened arbitrage to ship Middle East oil to the U.S. and Europe.