The Business Registration and Licencing (BRL) sector at Dubai Economy achieved record results in implementing remote working and activating smart and electronic channels, as the total number of …
( read original story …)
Money transfer firm TransferWise begins operating in UAE
Digital money transfer service TransferWise has begun operating in the UAE, the company has announced. The announcement comes six months after the tech firm was granted a license to bring its low-cost …
( read original story …)
‘The shopping list is being readied’: Saudi Arabia and Abu Dhabi are scouting for cheap investments after the coronavirus sell-off
Saudi’s Public Investment Fund has already taken stakes in Carnival and Shell and agreed to acquire Newcastle United.
( read original story …)
UAE’s ‘Happiness and Positivity Council’ debuts new high-tech police helmet for coronavirus combat
Saif bin Zayed, said the bulbous helmet with a large mirrored visor will be used by specialized police teams. It has night vision and facial recognition cameras and can process car license plates, but …
( read original story …)
Digital banking: Personal banking has become more intuitive, thanks to technology
In a recent report, consulting firm KPMG noted that financial institutions that leverage technology and data will be best positioned to grow in the UAE’s financial market. It is no secret and if you …
( read original story …)
Sharjah announces new measures for workers against Covid-19
The Sharjah Economic Development Department (SEDD) announced a number of new precautionary and preventive measures for workers, to protect their health and safety. The department issued a circular …
( read original story …)
New food support scheme for Abu Dhabi residents affected by loss of income
ABU DHABI – The Authority of Social Contribution – Ma’an has announced it has started working to provide a new food support scheme in Abu Dhabi for people whose income has been affected by the current …
( read original story …)
4,786 new licences issued in Abu Dhabi in Q1 of 2020
The Department of Economic Development in Abu Dhabi (DED) has issued 4,786 new commercial licences during the first quarter of 2020. “@AbuDhabiDED issued 4,786 new economic licences in Q1 of 2020.
( read original story …)
Coronavirus: Abu Dhabi Crown Prince, Bill Gates review resources, global initiatives
Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan discussed the spread of the new coronavirus with US billionaire philanthropist Bill Gates, the Crown Prince announced on his Twitter on …
( read original story …)
Abu Dhabi non-oil foreign trade tops $5bn in January
The value of non-oil foreign merchandise trade through Abu Dhabi ports increased by 0.5 percent from Dh19.2 billion ($5.22 billion) in the year to date in January 2019 to Dh19.3 billion in the same …
( read original story …)
Coronavirus: Abu Dhabi to deliver 100,000 food baskets to needy families
Abu Dhabi is to deliver tens of thousands of food baskets to support families hardest hit by the coronavirus pandemic. Embattled residents who have lost out on crucial income due to the damaging …
( read original story …)
Middle East and North Africa Mergers and Acquisition transactions totalled US$14.8 billion in Q1 2020
The United Arab Emirates was the most targeted nation … despite a 50% decline in the number of deals. One initial public offering was recorded during the first quarter. Saudi Arabian private …
( read original story …)
‘UAE banking sector resilient because of government support’
Resilience – this was the key word and highlight of the UAE banking sector outlook report that was released at the beginning of this year by S&P Global Ratings, and it essentially encapsulates the …
( read original story …)
Combating coronavirus: Sharjah bans workers from travelling to other emirates
Transporting Sharjah workers outside the emirate is now prohibited as part of the Covid-19 precautions, according to a new circular issued by the Sharjah Economic Development Department (SEDD) on …
( read original story …)
Coronavirus impact: Dubai’s property investors turn to virtual viewings, video tours
Since the COVID-19 pandemic made it impossible for property investors in Dubai to give prospective clients the traditional tour of the home, they have been increasingly relying on technology to do …
( read original story …)
UAE coronavirus: Smart helmets now used by police to detect COVID-19 infections
Lt. General H.H. Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, has adopted the technology to be used by specialist police teams around the country. The UAE is …
( read original story …)
Artificial Intelligence aiding fight against coronavirus in UAE
DUBAI: Four months into the battle against the latest strain of the coronavirus … Burns, co-founder and CEO of Visory, a computer vision AI company with an urban technology focus, various degrees of …
( read original story …)