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Posted on 21/08/2024

Capital Position Of Top Ten UAE Banks Remain Robust

Underpinned by high profits, the UAE’s top ten banks’ capital position remains robust while their asset quality further improved in the quarter end …

Posted on 21/08/2024

Pakistani Startup PostEx Secures $8.6 Million in Seed Funding

Pakistani fintech and logistics startup PostEx has raised $8.6 million in seed funding to expand its vertical lending …

Posted on 21/08/2024

Fintech shutdowns, Klarna’s move into banking and which companies are hiring

Welcome to TechCrunch Fintech! This week, we’re looking at the respective demise of Tally and Score, plus examining Klarna’s latest business move. We also …

Posted on 21/08/2024

Fintech Avenues World eyes 10X growth of $27bn in MENA digital payments market

Global fintech firm, Infibeam Avenues’ UAE-based wholly owned subsidiary, Avenues World is eyeing a ten-fold growth in the MENA markets. Specifically, it is chasing an annual payment processing target …

Posted on 21/08/2024

What employees need to know about UAE salary payment in cryptocurrencies

A recent ruling by a Dubai court ordering a company to pay an employee’s outstanding dues in UAE currency and cryptocurrency raises questions about whether the UAE is laying the groundwork to allow …

Posted on 21/08/2024

UAE Flights: Deals Start At Dh1,299 As Summer Travel Surges Before School Reopens

Ramy Badr, sales head at Dopamine Travels said:“Despite the summer season nearing its end, travel enthusiasm remains vibrant. Travellers are still actively seeking exciting destinations, and the demand for spontaneous getaways is on the rise,” said Badr.

Posted on 20/08/2024

Abu Dhabi Real Estate Centre launches first residential Abu Dhabi Rental Index

The platform offers easily accessible and reliable data on residential, commercial and industrial properties. Indicative quarterly rental pricing is also available on the platform for properties …

Posted on 20/08/2024

Blue supermoon to be visible in UAE skies for two more nights this week

The blue supermoon that illuminated UAE skies on Monday evening will be visible for another two nights. The blue – or sturgeon – supermoon, when the full moon appears larger and brighter because of …

Posted on 20/08/2024

Blue supermoon to be visible in UAE skies for two more nights this week

The blue supermoon that illuminated UAE skies on Monday evening will be visible for another two nights. The blue – or sturgeon – supermoon, when the full moon appears larger and brighter because of …

Posted on 20/08/2024

New asteroid discovered by UAE’s International Astronomical Center

The International Astronomical Center (IAC), a scientific official center based in Abu Dhabi, announced the discovery of a new asteroid withi …

Posted on 20/08/2024

Bitpanda Technology Solutions Teams Up with RAKBANK in the UAE

Bitpanda are pleased to announce that The National Bank of Ras Al Khaimah (RAKBANK) has become the first bank in the UAE to partner w/ them.

Posted on 20/08/2024

UAE airports handle 71.75m passengers, 2.16m tonne cargo in H1

The General Civil Aviation Authority (GCAA) has announced that the passenger traffic at the UAE’s airports surged by 14.2% in the first half of 2024. During this period, the airports handled over …

Posted on 20/08/2024

TFSF Ventures Launches Innovative Software Solutions to Empower Fintech Companies

TFSF Ventures, a leading innovator in fintech software based in the vibrant city of Dubai, today proudly announced the launch of a comprehensive suite of software solutions that are set to drive …

Posted on 20/08/2024

Company obligated to pay another firm Dhs103,000 for breach of agreement in Abu Dhabi

The appellee company requested the plaintiff company to provide security guard services to guard its sites, and they agreed under a one-year security guard services contract, renewable by mutual …

Posted on 20/08/2024

Abu Dhabi welcomes 2.4m hotel guests in 5 months

Abu Dhabi hotels received 2.411m guests during the first five months of this year, according to recent data released by the Statistics Centre Abu Dhabi. The data, based on statistics from the …

Posted on 20/08/2024

RAKBANK partners with Bitpanda to unlock digital assets in the UAE

When fully launched, RAKBANK customers will be able to pursue various digital assets use cases unlocking one of the most complete offerings available in the UAE market. This is ho …

Posted on 20/08/2024

Dubai Chambers signs MoU with Industrial and Commercial Bank of China

Agreement aims to enhance cooperation and assist the bank’s customers in setting up their businesses in the emirate …

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