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Posted on 04/07/2024

UAE raises $1.8bln in bids for Q3 2024 Islamic bonds

The UAE has attracted AED 6.76 billion ($1.8 billion) in bids for its bonds under the Q3 2024 sukuk programme. The Islamic Treasury Sukuk (T-Sukuk) offered a spread of 4.77% on the three-year tranche …

Posted on 04/07/2024

UAE: Gold prices jump to nearly 2-week high in early trade

Downside for yellow metal rates remains limited as US Treasury yields continue to be influenced by Fed chairman Jerome Powell’s comments …

Posted on 04/07/2024

‘Most visited place on Earth’: Dubai’s massive mall to get $600m expansion

The Burj Khalifa is the tallest building in the world, XLine Dubai is the world’s longest urban zip line, JumpX Dubai is the world’s largest inflatable park, Aquaventure Waterpark is the world’s …

Posted on 04/07/2024

Dubai Chambers, Aramex to develop services offered to business community

Dubai: Aramex and Dubai Chambers signed a memorandum of understanding (MoU) to boost the services available to the business community, according to a press release. Aramex will offer special packages …

Posted on 04/07/2024

Single mom duped by ‘BFF’ into giving money for empty promise of a Dubai job

“Rebecca,” a 32-year-old single mother of two in Dubai, is in disbelief that her “best friend forever” (BFF) could dupe her.

Posted on 04/07/2024

UAE Schengen visa delay: Residents explore cheaper, cooler alternatives

As the summer holiday travel season sets in, residents are now finding it extremely difficult to get Schengen visas due to lack of appointment slots …

Posted on 04/07/2024

Evolve hack fallout continues, fintech M&A heats up and Plaid talks enterprise push

Welcome to TechCrunch Fintech! This week, we’re looking at the Evolve Bank hack, three notable acquisitions, Plaid’s enterprise customer growth and more.

Posted on 04/07/2024

Ex-Trump Associate Felix Sater Loses Money-Laundering Trial

Felix Sater, the Moscow-born deal maker who was once part of Donald Trump’s inner circle, lost a civil trial in which he was accused of helping a wealthy Kazakh man launder millions of dollars …

Posted on 04/07/2024

Apple Joins OpenAI Board, Logitech President Opts Out of Reelection, and More News

Apple will obtain an observer role on the OpenAI board as part of an AI agreement, with Phil Schiller chosen for the position. This arrangement will allow Schiller to attend board meetings without …

Posted on 04/07/2024

CoinDCX Acquires BitOasis, Marking Its First Move Into The MENA Crypto Market

The acquisition comes on the heels of BitOasis securing a new license from the Central Bank of Bahrain (CBB) and reopening its platform in Dubai. BitOasis now operates as a broker-dealer under its …

Posted on 04/07/2024

Sharjah ‘stranger danger’ experiment: Experts ‘astounded’ by false sense of security in children

The findings of a recent social experiment in Sharjah which showed that more than 97 per cent of children will enter a stranger’s van for a free ice cream were ‘astounding’, according to a …

Posted on 04/07/2024

KEZAD seeks to draw Korean investments to Abu Dhabi

Group is seeking to attract investments from Korea’s state-run and private companies to the United Arab Emirates (UAE) as the Middle Eastern state is keen on drawing Korean interest using its biggest …

Posted on 04/07/2024

These are some of Dubai’s most expensive luxury hotel rooms

For the best of Dubai’s luxury living, you can’t do better than these extravagant hotel suites and exclusive villas — some of the city’s, and the world’s, most extravagant and expensive hotel rooms.

Posted on 04/07/2024

‘Desperately awaiting a Metro station in my area’: Dubai residents thrilled about expansion announcement

The Executive Council announced plans to expand the transport service from the current 64 stations to 96 stations by 2030 …

Posted on 04/07/2024

UFC News: Ex-Title Challenger Booked for Surprise Boxing Debut in Dubai

“The Gorilla” joined the UFC in 2015 and carried an unbeaten record into a welterweight title shot opposite Tyron Woodley at UFC 228, but after being submitted in that matchup Till went 1-4 over his …

Posted on 04/07/2024

e& and ADNOC to build largest private 5G network in the energy sector

UAE based oil company ADNOC and telco and tech group e& have announced a strategic partnership to build the energy sector’s largest private 5G network.

Posted on 04/07/2024

Mantra Plans Tokenization of $500M Real Estate Assets for the UAE Developer MAG Group

In a recent development, Mantra Chain is collaborating with MAG group, a prominent UAE real estate developer, to tokenize real estate assets.

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