British Hedge fund trader Sanjay Shah has been extradited from the UAE to Denmark to face trial over an alleged $1.7 billion tax fraud, authorities confirmed on Wednesday. Mr Shah, who lived on The …
UAE authorities extradite Sanjay Shah to Danish authorities
The extradition confirms the UAE’s determination to collaborate with international partners in the pursuit of international justice, and to strengthen the integrity of the international financial …
UAE extradites British hedge fund trader Shah to Denmark -WAM
The United Arab Emirates has extradited to Denmark British hedge fund trader Sanjay Shah, who is accused of a $1.8 billion dividend-tax fraud, state news agency WAM reported on Wednesday.
BREAKING: Intelligent Growth Solutions to power UAE ‘GigaFarm’ capable of replacing 1% of imports
ReFarm and FoodTech Valley will build a circular, closed-loop system to boost UAE food security and decarbonize food production.
Abu Dhabi’s Neovision Sets Up $250 Million Carbon Credit Fund
Abu Dhabi-based Neovision Wealth Management is setting up a $250 million fund to invest in the development of carbon credits in frontier markets.
UAE non-oil business activity continues to grow in November on new order boost
Business activity in the UAE’s non-oil private sector economy continued to strengthen in November, driven by a marked improvement in demand as new orders inventories rose sharply. The seasonally …
Abu Dhabi’s Masdar, Iberdrola to co-invest EUR15bn in clean energy projects
The partnership will see Masdar taking a stake of up to 49 per cent in Iberdrola’s 1.4GW UK East Anglia 3 offshore wind project.
Dubai Customs Nabs Smuggler With 8.9 Kilos Of Marijuana
However, Dubai Customs officers, equipped with extensive experience and advanced skills from regular training, uncovered the deception. The confiscated narcotics, along with the passenger were handed …
Cemex Unveiled the First Fully Electric Ready-Mix Truck in the Middle East During COP28 in Dubai
This week, during COP28 in Dubai, Cemex unveiled the first fully electric, zero-emissions ready-mix truck in the Middle East. The truck is fully opera …
UAE invests in UK’s struggling wind farm market
The United Arab Emirates has snapped up a 49pc stake in one of the UK’s largest wind farms despite soaring costs throwing the industry’s future into doubt. Masdar, a company controlled by the Gulf …
Dubai attracts 101 digital startups as city becomes hub for tech companies
Dubai Chamber of Digital Economy has revealed that it attracted 101 innovative digital startups to the emirate during the first nine-months of the year. The achievement came as part of the chamber’s …
Dubai show orders nudge Airbus net total towards 1,400
Emirates’ order for 15 Airbus A350-900s and Air Baltic’s firming of 30 more A220-300s, both revealed at the Dubai air show, helped lift the airframer’s November activity. Airbus also separately …
Leading News Outlets Are Doing the Fossil Fuel Industry’s Greenwashing
Seven of the world’s “most trusted” media companies produce and promote content touting the key talking points of oil and gas.
BEEAH highlights Sharjah’s zero-carbon footprint at COP28
BEEAH, the Middle East’s sustainability and digitalisation pioneer, made a worldwide impression during the COP28 summit at the Dubai Expo by announcing the opening of the world’s first waste-to-green …
Battle for runners-up spot heats up in Sharjah
The competition for the runner-up position in the Grand Prix of Sharjah, the final round of the 22nd edition of the UIM F1H2O World Championship, is heating up. Held under the patronage of His …
UAE to slash 93% of industrial carbon emissions by 2050
The UAE will cut industrial carbon emissions by 93 per cent by 2050, according to ambitious new targets. At COP28 the UAE announced the launch of the Industrial Decarbonization Roadmap with the aim of …
Business as usual: Record number of fossil fuel lobbyists at COP28
NGOs may have slammed the record number of fossil fuel lobbyists at UN climate talks in Dubai, but the industry won’t be browbeaten, with the OPEC cartel hosting a chat on “climate initiatives” and …