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Posted on 12/12/2024

UAE launches largest solar farm to power cryptocurrency mining

Hearst corporation, a UAE based pioneering company specialized in Blockchain, AI, engineering, and energy, and Gigatons, a technology divisio …

Posted on 12/12/2024

UAE tech leaders anticipate stronger demand for AI and cloud capabilities over next 12 months: KPMG tech report

67% of tech leaders are satisfied with the amount of value generated through tech investments …

Posted on 12/12/2024

Geidea and Mastercard join forces to transform digital payments for SMEs in the UAE

Abu Dhabi, UAE – Geidea, a leading licensed fintech company in the UAE, has entered a strategic partnership with Mastercard, a global technology company in the payments industry. The collaboration is …

Posted on 12/12/2024

Dubai’s DIB open to acquiring other banks and FinTech businesses

Dubai Islamic Bank, the biggest Sharia-compliant lender in the UAE, is open to acquisition opportunities in its home base and the markets it operates beyond the Arab world’s second-largest economy as …

Posted on 12/12/2024

New UAE tax: What it means for large companies

The UAE’s new 15 per cent tax on large multinational companies didn’t come as a shock to many corporates, according to analysts. And despite a short-term impact on profits, experts say it offers …

Posted on 12/12/2024

UAE finalises trade deal with five-nation EAEU bloc

The UAE has finalised an economic agreement with the Eurasian Economic Union (EAEU) that will reduce or remove tariffs and eliminate technical barriers to trade with five countries. The economic …

Posted on 12/12/2024

The Department of Culture and Tourism – Abu Dhabi announces the inscription of Henna

Abu Dhabi, United Arab Emirates: The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced the official inscription of Henna on UNESCO’s Representative List of the Intangible …

Posted on 12/12/2024

McLaren Automotive Acquired By Abu Dhabi And Bahrain

Abu Dhabi’s CYVN Holdings has teamed up with Bahrain’s sovereign wealth fund, Mumtalakat, to acquire McLaren’s automotive business and part of its racing division in a landmark deal valued at …

Posted on 12/12/2024

Hamdan bin Zayed issues Decree to protect soil from degradation in Abu Dhabi

Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Environment Agency – Abu Dhabi (EAD), issued Decree No. (6) of 2024 regarding the issuance of a policy …

Posted on 12/12/2024

Dubai real estate: Binghatti delivers 6 projects at Jumeirah Village Circle with more than 2,000 units

Dubai real estate developer Binghatti delivers residential projects in Jumeirah Village Circle with total of 2,062 developers …

Posted on 12/12/2024

UAE APP scam losses surge 43% to $8.3mn in 2023, report reveals

APP scams are a form of trust-based manipulation, deceiving individuals into willingly transferring funds to fraudsters …

Posted on 12/12/2024

Standard Chartered to boost UAE private banking team

Standard Chartered is reportedly planning to bolster its private banking operations in the UAE by increasing its frontline team by 20%. The move forms part of the bank’s wider strategy to cater to its …

Posted on 12/12/2024

Bitpanda launches Fusion, a new way to trade crypto on all markets with maximum liquidity via one account

Built to best-in-class security standards and fully compliant with EU regulations, users of Bitpanda Fusion will gain all of the benefits currently available on the Bitpanda platform, including zero …

Posted on 12/12/2024

Singapore’s crypto regulation more mature in 2024 but adoption lags behind

SINGAPORE – Cryptocurrency hubs like Singapore, Hong Kong, the United Arab Emirates (UAE) and Switzerland may have more mature regulation, but domestic adoption is lower, a report has found. An …

Posted on 12/12/2024

Explore the Future of Blockchain at Crypto Expo Dubai 2025

Crypto Expo Dubai 2025 showcases themes set to redefine digital finance, from mainstream adoption of digital currencies and Web3 integration to AI-driven advancements, DeFi 2.0, enhanced security …

Posted on 12/12/2024

BITGRIT DLT Foundation: the first Japanese-rooted crypto asset foundation in ADGM

This foundation represents the first instance of a Japanese-rooted company leveraging ADGM’s regulatory framework to create a crypto asset foundation …

Posted on 12/12/2024

Sharjah Chamber hosts a workshop to introduce CEPAs benefits to investors and entrepreneurs

Raising awareness among investors, entrepreneurs, and private sector representatives about the importance of CEPAs …

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