Savings deposits in the UAE’s banking sector, excluding interbank deposits, attracted around AED33.3 billion to reach AED278.37 billion at the end of February 2024, compared to about AED245.01 billion …
Banks face new risks as US tightens sanctions on Russia
In addition, the Treasury sanctioned five investment and venture capital funds that fund Russian technology, plus six fintech companies that provide … into the gears of Russia’s military logistics …
Nigeria Enforces Fintech Onboarding Freeze Amidst KYC Crackdown
Central Bank of Nigeria introduced KYC compliance measures among fintech operators within nation, four of them received CBN instruction to stop …
Dubai’s plan for ‘world’s largest airport’ that will see 260million passengers travel through $35b futuristic desert hub
A MAJOR £28billion project is set to transform a Dubai airport into “the world’s airport” and global centre, says the city’s leader. Construction of a futuristic new passenger terminal at Al …
Dubai’s Al Maktoum Set to Become the Mega Hub to Top All Mega Hubs
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai — has approved plans for phase 2 of Dubai’s Al Maktoum airport, also know as Dubai …
Binance founder’s ‘cooperation’ got him a light sentence. So what did he tell the feds?
The crypto world likes a good conspiracy and … Zhao also had leverage since he could have elected to just stay in Dubai, where he owns a home and where authorities are reluctant to extradite wealthy …
Abu Dhabi’s ADNOC says oil production capacity reaches 4.85mln bpd
Abu Dhabi oil giant ADNOC’s production capacity has reached 4.85 million barrels per day (bpd), it said in a post on its website, up from the 4.65 million bpd it reported at the end of last year. The …
Abu Dhabi Aviation successfully completes transaction for the acquisition of stakes
Abu Dhabi Aviation (ADA) (ADX: ADAVIATION), a leading aviation service provider headquartered in Abu Dhabi, has successfully completed a transaction for the acquisition of stakes in Etihad Airways …
A family guide to the 2024 Abu Dhabi International Book Fair, from Batman to Scrabble
The final weekend of the Abu Dhabi International Book Fair is when families come out to play.After days of meetings and deal makings by authors and publishers, the vast space at the Abu Dhabi National …
JEE Advanced 2024: Abu Dhabi, Dubai and Kathmandu added to the list of exam centre cities
Advanced 2024, has expanded its exam centres to include international locations. Commencing registration on April 27, IIT Madras now offers candidates the choice of Abu Dhabi, Dubai, and Kathmandu as …
UAE’s Oil Giant Raises Capacity Numbers Ahead of OPEC Meeting
The United Arab Emirates’s main oil company said it had bolstered its production capacity, a month before the country meets with fellow OPEC+ nations to decide output levels for the second half of 2024.
UAE’s construction sector remains resilient while skills shortages and material cost rises continue
The Royal Institution of Chartered Surveyors (RICS) Global Construction Monitor Q1 2024 underscores the UAE’s construction sector’s unwavering resilience, even in the face of persistent skills shortages and escalating material costs.
Dubai Financial Market launches iVestor app for investors
The Dubai Financial Market (DFM) announced the launch of the upgraded stand-alone iVestor App, a digital platform set to offer digital financial management for investors. The iVestor app allows direct subscription in IPOs and Arena opportunities and underscores DFM’s commitment to enhance investment accessibility and efficiency in the region.
Dubai: Parents start receiving school fee increase notification
Indian schools started their academic session in April, while international curricula schools will commence in September
UAE: New airport plan to drive property demand, prices in Dubai South
Property prices in Dubai South and its neighbouring areas will see a jump – up to 15 per cent – this year as the relocation of the Dubai International airport is likely to boost demand.Real estate …
UAE: Telecom major e& denies acquiring a stake in United Group
e& Group’s telecom vertical, e& UAE (formally known as etisalat by e&), was this week named the strongest brand by Brand Finance in the Middle East, boasting a Brand Strength Index score of 89.4/100 …
Rohde & Schwarz Presents Its Test Solutions at CCW 2024 That Nable a Successful Migration to Mission-Critical Broadband
As mission-critical network requirements grow, broadband connectivity is the answer. Proper device and mobile network testing eases the migration to 3GPP-compliant broadband mission-critical services …