LBank Labs and BlockNews to Co-Host Web3 Summit Dubai 2024, Featuring DIFC and DMCC as Official Partners To view an enhanced version of this graphic, please visit: Situated on the iconic Palm …
UAE and South Korea to strengthen investment, economic partnership
Investopia 2024 witnessed the signing of two memorandums of understanding (MoUs) between the UAE and the Republic of South Korea.
UAE firms pay up to 75% less salary to workers based outside
87 per cent of companies in the country plan to recruit permanent employees, while 19 per cent are seeking temporary contract workers in 2024 …
Will UAE’s $35B investment help Egypt recover from financial crisis?
The Gulf state has stepped in with a major deal that could throw an economic lifeline to President Abdel Fattah al-Sisi’s government.
British trader on trial in Denmark for massive fraud
COPENHAGEN: A British hedge fund trader accused of defrauding Danish tax authorities in a billion dollar scam goes on trial in Copenhagen today, just days after his associate was handed an eight-year …
UK trader on trial on charges of defrauding Denmark in ‘cum-ex’ case
Anthony Mark Patterson, who is seen as Shah’s closest accomplice, was in February sentenced to eight years in prison in Denmark’s first criminal cum-ex trial. Patterson, who confessed to helping …
‘Sanadak’ launch a leap forward for UAE financial services: UAE Banks Federation
The UAE Banks Federation (UAEBF) expressed strong support for the Central Bank of the UAE’s (CBUAE) launch of “Sanadak”, the first Ombudsman Unit catering to consumers of Financial Institutions and …
Emirates Development Bank and KLAIM unveil working capital solutions
KLAIM was established in 2019 and has accelerated payment for more than 323,000 claims in the UAE. The fintech startup purchases insurance claims from healthcare providers and then collects claimed …
A collaboration between AGDA and American University of Sharjah builds stronger diplomatic capacities
The agreement outlines standard areas of collaboration, emphasising the exchange of knowledge, joint research initiatives, and increased engagement between students from both institutions …
Abu Dhabi bans trucks and worker buses from roads during Ramadan 2024 rush hours
Abu Dhabi has banned trucks and worker buses from roads during Ramadan rush hours. To improve traffic flow during the holy month of Ramadan, Abu Dhabi Police have implemented new restrictions on large …
Abu Dhabi approves 144 infrastructure projects worth $18bn with focus on housing
Abu Dhabi has approved 144 infrastructure projects across the emirate with a budget of Dh66 billion ($17.97 billion) across housing, education, tourism and natural resources. The projects, approved by …
Abu Dhabi announces $18bn spending plan on 144 projects
Abu Dhabi has announced it will spend $18bn to enhance housing, education, tourism and more in the emirate. The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced that the Abu Dhabi …
Kigali International Financial Centre and Abu Dhabi Global Market forge strategic partnership
Kigali International Financial Centre (KIFC), a financial centre that aims to transform Rwanda into a leading financial destination for investors seeking opportunities across the African continent, …
UK competiton watchdog completes report on UAE-led Telegraph buyout
Britain’s Competition and Markets Authority (CMA) has delivered its report on a proposed UAE-led takeover of the Daily Telegraph newspaper to the government’s media secretary Lucy Frazer, the watchdog …
UAE: 4 kids to trek Everest Base Camp to raise money for children of determination
A group of young UAE adventurers plan to conquer new heights and champion a noble cause. Meet Suvir, Arhan, Shlok, and Mikhayl, a spirited quartet with a m..
Savills announces sale of Palm Jumeirah property for AED88 mn, boosting presence with new senior-level hiring
Dubai real estate: Rental price growth to stabilise as 20,000 new properties to hit the market in 2024 “In just the first month of our expansion [into Abu Dhabi], we sold one of the most expensive …
Environmental nonprofit launches satellite to detect methane leaks
The first satellite launched by a nonprofit organization is now circling the globe, getting ready to deliver data on methane pollution from oil and gas facilities worldwide. The MethaneSAT satellite …