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Posted on 30/11/2023

Jeff Zucker responds to critics on Telegraph deal: ‘This is me… not Abu Dhabi’

I understand why people have raised questions,” he said. “All I can say is, they’re misplaced. I am here to say that the editorial independence of The Telegraph is guaranteed.” …

Posted on 30/11/2023

Paxos receives in-principle approval to issue stablecoins in Abu Dhabi

The Financial Services Regulatory Authority in the Abu Dhabi Global Market granted Paxos in-principle approval for certain crypto services and issuing stablecoins.

Posted on 30/11/2023

World Cup Star De Kock Lights Up Abu Dhabi T10

Former South African captain Quinton de Kock showed why is one of the most sought-after players in franchise cricket when he hit a match-winning half century to help Delhi Bulls defeat Deccan …

Posted on 30/11/2023

Dubai: Sheikh Mohammed Pardons 1,249 Inmates Ahead Of UAE National Day

Sheikh Mohammed ordered the release of 1,249 inmates in correctional and penal institutions in Dubai, on the occasion of the 52nd Union Day, the Dubai Media Office posted on X, formerly Twitter. Earlier in the day, Rulers in four other emirates announced similar pardons.

Posted on 29/11/2023

UAE issues new Dhs500 polymer banknote with special design

The design of the banknote encapsulates the UAE’s journey in sustainability, its pioneering development approach, its global role, its track -record of climate action, and its continuous commitment to …

Posted on 29/11/2023

Sharjah Chamber Marks 52Nd Union Day With Grand Celebration: A Tribute To UAE’s Leadership And Progress

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  • Event unde …
  • Posted on 29/11/2023

    Dubai Taxi Gets $41 Billion in Orders for $315 Million IPO

    Dubai Taxi Co. received over 150 billion dirhams ($41 billion) in investor orders for its $315 million initial public offering, a record for the city, in a sign the Persian Gulf continues to be a …

    Posted on 29/11/2023

    Dubai bucks global dip in super-prime house sales; tops ranking

    Bucking a global downward trend in super-prime residential sales, Dubai again led the world ranking of quarterly deals in this category of residences price..

    Posted on 29/11/2023

    Dubai Taxi Company valued at $1.26bn in oversubscribed offering

    It is the biggest taxi operator in the emirate and currently holds about 44 per cent market share.About 96 million journeys were made on Dubai’s fleet of taxis in the first half of this year – with …

    Posted on 29/11/2023

    Dubai Taxi IPO oversubscribed 130 times; values company at Dh4.6 billion

    Dubai Taxi Company on Wednesday announced that its initial public offering (IPO) was oversubscribed 130 times. The final offer price was set at Dh1.85, indicating a market value of Dh4.6 billion when …

    Posted on 29/11/2023

    New Dh500 banknote issued by UAE Central Bank

    The new banknote is being issued in the same blue colour, for easier identification and will go into circulation on Wednesday, November 30 …

    Posted on 29/11/2023

    First look: UAE issues new AED500 note to celebrate COP28 and National Day

    The UAE has issued a new-look AED500 note as it prepares to host COP28 in Dubai. Coinciding with hosting COP28 and celebrations for the country’s 52nd National Day, the Central Bank of the UAE …

    Posted on 29/11/2023

    UAE-China ink multibillion-dollar deals as ties grow

    The United Arab Emirates and China are major trade partners and have strengthened cooperation in both finance and energy in recent months.

    Posted on 29/11/2023

    Abu Dhabi announces $2.1bn housing benefits for citizens

    The package, that will cover over 5,685 beneficiaries across the emirate, includes housing loans of all types, with a total value of AED6 billion, from which 3,714 UAE nationals have benefited, in …

    Posted on 29/11/2023

    Abu Dhabi’s ascension: hedge funds invest as UAE cements reputation as global hotspot

    Brevan Howard has announced it will double its Abu Dhabi headcount by spring 2024, days after TCI announced a new office in the emirate …

    Posted on 29/11/2023

    Paxos receives two new in-principle approvals in Abu Dhabi

    Paxos has announced it received two new in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM).

    Posted on 29/11/2023

    Abu Dhabi Chamber signs 5 cooperation agreements at conclusion of ADIFE 2023

    The Abu Dhabi Chamber of Commerce and Industry (ADCCI) concluded its successful participation as a host supporter of the Abu Dhabi International Food Exhibition (ADIFE). In its 2nd edition, ADIFE was …

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