Question: I own a property in Abu Dhabi and am applying for a golden visa. I am an employee and want to continue in my job. To get the golden visa, my work visa has to be cancelled so I don’t …
Indian rupee rises against UAE dirham as US dollar remains under pressure
The Indian rupee and other Asian currencies strengthened on Monday as the dollar remained under pressure, with the latest drag coming from US President Trump’s criticism of Federal Reserve Chair …
Fuze secures UAE payment license to launch next-gen digital payment infrastructure
The new license will enable businesses to benefit from faster, more secure payment options, reduced transaction times and end-to-end compliance …
Dubai: Up to 20% drop in rents ‘healthy’ for property market, says top developer
A 10-20 per cent drop in rents is healthy for the Dubai property market following a four-year rally, said a top developer. Rizwan Sajan, founder and chairman of Danube Properties, expects a correction …
UAE tech investors seek security in the face of uncertainty
Q1 seed investment down Opting for later-stage startups UAE VCs still bullish on fintech UAE tech investors reported a strong start to the year but many are increasingly seeking out more …
Abu Dhabi’s tourism sector targets $16bln to economy
Mohamed Khalifa Al Mubarak, Chairman of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), said that the department’s tourism sector aims to contribute AED62 billion ($16 billion) to …
UAE foreign trade reaches $1.4trln in 2024, up from $949bln in 2021
DUBAI:The United Arab Emirates recorded total foreign trade of AED5.23 trillion (US$1.424 trillion) in 2024, a 49 percent increase from AED3.5 trillion (US$949 billion) in 2021, according to the World …
‘Win for consumer rights’: UAE court rejects bank’s Dh1.3 million claim over missing guarantees
In a landmark decision that sets a powerful legal precedent, the Abu Dhabi Court of Cassation has dismissed a bank’s financial claim against a customer due to the absence of valid guarantees, …
Kraken lays off hundreds ahead of IPO, Coindesk reports
(Reuters) -Cryptocurrency exchange Kraken has laid off hundreds of employees in the past several months across all areas of its business to streamline its operations ahead of its planned IPO …
Cryptocurrency exchange Kraken cuts redundant roles amid traditional finance push
Kraken cutting back on redundant roles Cryptocurrency firm continues hiring in key areas April 17 (Reuters) – Kraken, one of the world’s largest cryptocurrency exchanges, is reorganizing its …
Kraken lays off hundreds to streamline business ahead of IPO, Coindesk reports
(Reuters) -Kraken, one of the world’s largest cryptocurrency exchanges, has laid off hundreds of employees in the past several months across all areas of its business to streamline its operations …
UAE doctor who went viral for brave stance during Covid returns after 20 years
An Emirati oncologist, who went viral in 2020 for deciding to stay in the US to treat Covid patients and not leave, has returned to his homeland after 20 years of living abroad.
UAE deputy PM arrives on two-day visit
ISLAMABAD: The United Arab Emirates Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed al Nahyan arrived here on Sunday for a two-day official visit aimed at deepening economic and …
Lulu IPO: UAE retailer to list 25% shares on ADX
In June, UAE-based hospital operator NMC Healthcare also appointed Rothschild as a financial adviser to help explore strategic options for its shareholders, including an IPO. Markets across the …
Sharjah Cyber Security Centre, Fortinet Inc. forge strategic partnership
As part of its strategic efforts to strengthen the cybersecurity ecosystem in the emirate of Sharjah, Sharjah Cyber Security Centre, operating under Sharjah Digital Department (SDD), has signed a …
Usher Tells Abu Dhabi Fans He Can’t Feed Them Cherries, Seemingly Due to UAE’s Decency Laws
Usher left fans in Abu Dhabi disappointed when he announced he wouldn’t be feeding anyone cherries, likely due to the country’s strict public decency laws. During his performance at Club Social in …
UAE International Nuclear Medicine Conference recommends expanding use of modern technologies in cancer treatment
Participants in the fifth annual UAE International Conference in cooperation with the Arab Society for Nuclear Medicine, which concluded on Sunday at the Mohammed Bin Rashid University of Medicine and …