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Posted on 14/05/2024

Sheikh Hamdan approves Dubai Quality of Life Strategy 2033 featuring over 200 projects and initiatives

Key initiatives include expanding electricity charging stations across Dubai and developing the Mohammed bin Rashid Solar Park, the world’s largest single-site solar energy park. The Dubai Quality of …

Posted on 14/05/2024

United Fintech Establishes New Office in Dubai’s DIFC

London-based industry-neutral digital transformation platform United Fintech has inaugurated a new office in the Dubai International Financial Centre (DIFC), spearheaded by Athena, one of its partner …

Posted on 14/05/2024

Report reveals Pakistan’s rich own USD 12.5 billions in Dubai properties amid financial crisis

It stated that while 17,000 Pakistani citizens are listed owners in the 2022 leak, academics using the data and additional sources put the actual number of Pakistani owners of residential property in …

Posted on 14/05/2024

Ex-military officials, bankers, bureaucrats own properties in upscale Dubai areas: report

ISLAMABAD: A global collaborative investigative journalism project has revealed the ownership of properties of the global elite in Dubai. The list includes political figures, globally …

Posted on 14/05/2024

Abu Dhabi owners of Man City and Girona given options to meet Champions League entry rules

Manchester City and Girona both qualifying for the Champions League next season is testing UEFA rules to protect against collusion in games.

Posted on 14/05/2024

Abu Dhabi’s First Craft Brewery Shows Signs of Easing Alcohol Restrictions and ‘Change in The Region’

Inquirer.net reported on Tuesday that the United Arab Emirates was hitting a boozy milestone and getting its first craft brewery. Chad McGehee, an American ex-patriate, founded Craft Pub in Abu Dhabi …

Posted on 14/05/2024

The Department of Health, Abu Dhabi and PHSSR join hands to launch the region’s first ‘Sustainability and Resilience in Health System’ report

During Abu Dhabi Global Healthcare Week (ADGHW), the Department of Health, Abu Dhabi, launched the ‘Sustainability and Resilience in Abu Dhabi’s Health System’ report, in collaboration with the …

Posted on 14/05/2024

Sharjah to promote aesthetics of Emirati culture in Greece at Thessaloniki International Book Fair 2024

Celebrating a new milestone in its cultural journey of fostering meaningful intercultural connections, Sharjah will assume the role of the first Arab Guest of Honour at the 20th Thessaloniki …

Posted on 14/05/2024

UAE’s AI Revolution: Introducing the Falcon 2 Series

The United Arab Emirates (UAE) is investing in AI. On May 13th, the UAE government research institute announced a new open-source gen-AI model capable of competing with large technology companies. The …

Posted on 14/05/2024

Dubai tops global foreign direct investment rankings, attracts $10.7bn capital and creates 45,000 jobs

Dubai has further reinforced its position as the world’s leading hub for foreign direct investment (FDI). According to the Financial Times “fDi Markets” data, Dubai ranked number one overall in global …

Posted on 14/05/2024

Dubai remains top globally for greenfield FDI projects, beating Singapore and London

Dubai remained the world’s top destination for greenfield foreign direct investment projects in 2023, the third consecutive year it has achieved that status, despite challenging global economic …

Posted on 14/05/2024

Dubai property portfolio calls into question effectiveness of sanctions on Kinahan cartel leader, experts say

Caoimhe Robinson, wife of accused drug kingpin Daniel Kinahan, has bought and sold properties in Dubai as he faces U.S. sanctions, the Dubai Unlocked investigation reveals.

Posted on 14/05/2024

Dubai Quality of Life Strategy 2033: Sheikh Hamdan announces massive infrastructure upgrade

The strategy includes a host of initiatives designed to enhance wellbeing across various facets of Dubai’s urban environment …

Posted on 14/05/2024

Robust Gulf IPO activity records $1.2b proceeds in Q1

IPO activity in the Mena region retained strong momentum in the first quarter of 2024 with 10 initial public offerings in Saudi Arabia and the UAE recordin..

Posted on 14/05/2024

Consumer confidence in UAE banking rose to 90% in 2023: UBF Chairman

Abdulaziz Al Ghurair, Chairman of UAE Banks Federation, (UBF), the sole representative and unified voice of the UAE banks, said that the increase in consumer confidence in the UAE banking sector from …

Posted on 14/05/2024

Crypto Exchange Rain Suffers $14 Million Exploit: ZachXBT Reported

On-chain sleuth ZachXBT reported that Bahrain-based crypto exchange Rain has been the victim of an exploit that saw $14.8 million in crypto stolen from the platform. The stolen crypto was later …

Posted on 14/05/2024

Abu Dhabi owners of Man City and Girona given options to meet UEFA’s Champions League entry rules

The Abu Dhabi investors in Manchester City and Girona have been offered divestment options by UEFA to let both compete in the Champions League next season by complying with integrity rules for teams …

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