Six employees of bitcoin exchange Bitstamp were targeted in a phishing attack leading up to the theft of roughly $5m in bitcoin, an unconfirmed report claims. Updated Apr 9, 2024, 11:26 p.m …
Grand Continental’s First Dubai Hotel
Grand Continental Hotels opens its first international hotel in Dubai, a 125-room facility, with plans for further expansion in India and Sri Lanka.
Grand Continent Hotels Expands to Dubai: A New Era of Hospitality
Grand Continent Hotels and Resorts Ltd, headquartered in Bengaluru, is set to launch its first international hotel in Dubai, marking a significant expansion. Chairman Ramesh Shiva outlined plans for …
DSS begins with thousands of offers
The most eagerly awaited and valued-packed edition of Dubai Summer Surprises (DSS) 2025 began on Friday, with thousands of unbeatable offers, free …
Dubai gold guide: 5 things buyers should know before making a purchase
Dubai is a trusted destination for gold purchases. Buyers should be aware of current gold rates. They must check karat and hallmark information. Making charges are negotiable. A full receipt and …
‘Ice cream reminded me of kids’: Dubai workers get free juice, water amid summer heat
The Al Freej Fridge campaign, which runs until August 23, is continuing across different parts of Dubai, targeting workers in the cleaning, landscaping, delivery, and construction sectors …
This New Li-Fi Bridge System Promises To Be Big for Broadband
PureLiFi and Solace Power’s new bridge system made a splash at the MWC early this year. Here’s how it could boost 5G and other fixed wireless connections.
GIC Re’s Dubai Branch Faces Rs 90 Cr VAT Demand
GIC Re’s Dubai branch received a Rs 90 crore VAT demand notice from the UAE’s FTA for discrepancies in returns from 2018-2020. The company is reviewing the notice and plans to file a reconsideration …
DGFT Tightens Precious Metal Import Rules To Plug Loopholes, Align With Budget 2025
Gold with 99.5 percent or higher purity is now restricted to imports through nominated agencies, qualified jewellers via the bullion exchange, or India-UAE Tariff Rate Quota holders. Gold dore imports …
Grounded flights and soccer’s top earner: This week’s business headlines from the Middle East
UAE AI Minister Omar Al Olama discusses investing in infrastructure to be part of the “trillions of dollars of impact” that he anticipates 5G will have, and utilizing AI for efficiency gains and to …
Young investor programme in UAE to teach key financial skills to 75,000 school students
In the United Arab Emirates, a new initiative aims to educate young students about finance. The ‘Young Investor Programme’, by National Bonds and Knowledge Fund Establishment, targets 75,000 students …
UAE schools to train 75,000 students on real-world money skills under ‘young investor programme’
The UAE’s ‘Young Investor Programme’, launched by National Bonds and the Knowledge Fund Establishment, aims to equip 75,000 students across 50 schools with essential financial skills. Through a blend …
Dubai’s biggest lender Emirates NBD to start charging for remittances
Emirates NBD, Dubai’s biggest bank by assets, will start charging fees for international transfers made via its app or online banking from September 1. The bank will charge a fee of Dh26.25 for …
Sharjah Airport gearing up to welcome over 800,000 passengers over busy summer period
Sharjah Airport has announced its full readiness to handle the significant increase in travel volume to and from Sharjah during the peak summer season.
UAE: Travelling from Sharjah this summer? Airport reveals busiest days
Sharjah Airport announced on Saturday a significant increase in travel volume to and from the emirate during the peak summer season, with over 800,000 passengers expected to travel from July 1 to 15, …
UAE top court upholds life terms for 24 convicted in mass trial
The supreme court in the United Arab Emirates (UAE) has sentenced 24 people to life in prison after upholding their convictions for “terrorist” links, which had been dismissed following a mass trial …
Who can be fined for illegal partitions and unapproved subletting in Dubai homes?
Dubai Municipality’s recent crackdown on residential units fitted with illegal partitions to cram in occupants has shone the spotlight on the dangers of living in shared accommodation that has not …