Abu Dhabi artificial intelligence group G42 has sold its stakes in Chinese companies including TikTok owner ByteDance, as the group seeks to reassure US partners by cutting ties with China.
Dubai: Over Dh500,000 fine, jail time announced for disclosing, destroying ‘secret’ govt information
Dubai’s authority levies a heavy penalty against individuals who carry out nefarious actions with confidential government information or data, as per the Public Prosecution. The authority announced a …
UAE’s MoF to promote financial empowerment and sustainability
The UAE Ministry of Finance announced on Friday that it will participate in the World Governments Summit (WGS) 2024, under the theme “Shaping Future Governments”, from Feb.12-14 in Dubai.
Fintech platform with 500 Scottish staff unveils acquisition of fast-growing investment platform
Third Financial is one of the fastest growing investment platform and software providers in the UK. Nucleus Financial Platforms, the fintech business created following James Hay Partnership’s 2021 …
Why PayPal Stock Was Moving in the Wrong Direction Again This Week
Investors were reminded of all of those problems when the fintech giant reported fourth-quarter earnings on Wednesday, and they didn’t like what they heard. PayPal stock was trading down 10% as of …
Dh2,000 fine for popping head out of vehicle sunroof and windows in Dubai and Abu Dhabi
More than 1,183 violations recorded for endangering lives on Dubai roads last year Dubai: Police in Dubai and Abu Dhabi have warned drivers against allowing passengers to stick their heads out of …
Pentagon and SpaceX Respond to Reports of Russia Using Starlink
Earlier reports suggested the Russian military was deploying the SpaceX terminals, including on the front line in Ukraine.
Not Dubai, Singapore, But GIFT City Preferred Spot For Indian Asset Managers’ Overseas Operations
Several Indian asset managers are transitioning their offshore operations from global financial hubs like Dubai and Singapore to Gujarat’s International Finance Tec-City (GIFT City) for enhanced …
Austria welcomes WTO talks on supply-chain disruption at MC13 in UAE
Austria applauds the World Trade Organisation’s (WTO) initiative to discuss supply-chain disruption in the upcoming 13th Ministerial Conference (MC13) in Abu Dhabi later this month, Dr. Martin Kocher, …
Dubai gains on upbeat earnings, Abu Dhabi falls
Feb 9 (Reuters) – Dubai stock exchange closed higher on Friday, as a number of corporate earnings exceeded market expectations boosting the risk appetite for investors, however shares in Abu Dhabi …
Shot in UAE, coming to cinemas: Sci-fi epic Dune 2 to premiere in Abu Dhabi next week
Dune: Part Two’ stars are set to return to the UAE capital after shooting for the film in the Liwa desert after two years …
Sharjah Lights Festival sparks Al Hamriyah’s sky
Al Hamriyah sky shined with the launch of the Sharjah Lights Festival which was attended by remarkable attendance from dignitaries, officials, residents, and inhabitants of Al Hamriyah city.
UAE to open Treasury Bonds to individual investors: A safer way to grow your money
In the UAE, the Ministry of Finance issues treasury bonds every six weeks, in collaboration with the UAE Central Bank. The UAE Central Bank also defines purchasing T-Bonds as, “lending the federal …
UAE plans to issue treasury bonds to individuals
The move aims to diversify investment opportunities in the UAE market The primary aim behind the issuance of treasury bonds is to introduce fresh investment instruments in the market, catering to both …
Dh59 flight ticket: Abu Dhabi airport gets a new name, airlines launch special offers
The Abu Dhabi International Airport has been officially renamed Zayed International Airport, and airlines have launched limited-period special offers, including ticket fares for less than Dh60, to …
Abu Dhabi Airport changes name, Etihad celebrates with special offers
Etihad Airways is celebrating the renaming of its home airport to Zayed International Airport with special offers on international flights. The naming of the airport follows the opening of Terminal A …
WGS: 7th Abu Dhabi Dialogue Ministerial Consultation starts Saturday with participation of 16 countries
The Seventh Abu Dhabi Dialogue ADD Ministerial Consultation will start in Dubai on Saturday 10th February on the sidelines of the World Government Summit b …