Governor Das noted that the RBI remained supportive of the fintech sector, however, it was also ‘committed to protect the interest of customers as well as ensure financial stability’ …
Modi, UAE President to discuss energy, ports, digital infra, capital flows in bilateral meet
Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan, in their bilateral meeting on Tuesday, are expected to take up strengthening of ties in a number of economic areas …
Is Coinbase a Magnificent Crypto Stock to Buy Right Now?
Despite industry turmoil that shook out troubled players, Coinbase has remained a leader. More fees from custodian services will boost revenue from subscriptions and services. Coinbase’s ultimate …
Arte Museum Set to Open in Dubai Mall on This Date!
Dubai, UAE – Digital art enthusiasts are in for a treat as a groundbreaking new museum, Arte Museum, is set to open its doors in Dubai Mall this February. Spearheaded by the renowned digital media …
IM-1 mission: How to watch launch of private lunar landing vehicle
An American company is hoping to land a vehicle on the Moon, just a few weeks after a lunar mission launched by a fellow US firm failed. Intuitive Machines will attempt a soft touchdown of its Nova-C …
Confusion over Russia using Starlink
A source in Ukraine says that Russia is importing Starlink equipment from Dubai, but at hugely inflated prices. The Ukrainian (Oleg Kutkov), who repairs damaged …
Flooding in Dubai after heavy rain
Heavy rains caused flooding and blocked streets in some areas of Dubai on Monday. Cars were trapped in standing water as drainage systems were unable to cope with the downpour.
Glasgow Airport hydrogen hub to support zero-emission flight by 2027
The Glasgow Airport Hydrogen Innovation Hub summit held last Thursday (8th February) revealed that the infrastructure needed to support zero-emission flight could be in place as early as 2027. London …
UAE: Air taxi firm looking to set up manufacturing facility in region
T he US-based firm Joby Aviation, which develops all-electric aircraft for commercial passenger service, is exploring opportunities to set up manufacturing facility in the UAE and …
Dubai Future Foundation announces 10 global trends: Robots, $265bn cybersecurity threat, next-generation energy and the end of disease
Nanoscale printing, biomaterials, explainable AI (XAI) and next-gen climate technologies are also among the potentially world-changing megatrends identified in the second edition of Dubai Future …
7 key steps to becoming a solar rooftop consultant and contractor in Dubai
Here is what you need to know to become a certified Solar PV Consultant or Contractor and tap into the growing solar energy sector in Dubai . 7 key steps to becoming a solar rooftop consultant and …
UAE Free Zone Corporate Tax regime earns OECD’s ‘non-harmful’ recognition
The evaluation of the UAE’s Free Zone Corporate Tax framework was part of the OECD’s comprehensive review of regimes worldwide …
Zimbabwe: Zim, UAE Seek Closer Ties As Trade Jumps 300 Percent
UAE imports from Zimbabwe reached US$ 2.3 billion in 2021 compared to US$ 1.5 billion in 2020 and US$904 million in 2019. In 2023, trade between the two countries breached the US$3 billion mark with …
Abu Dhabi’s first Hindu temple: Preparations in full swing ahead of inauguration of ‘BAPS Mandir
Ahead of Prime Minister Narendra Modi’s opening of “BAPS Mandir,” the first Hindu temple, on February 14, preparations are well underway in Abu Dhabi. The temple volunteers have been ecstatic, calling …
England team lands in Rajkot after break in Abu Dhabi
Fresh from a one-week break in their pre-series base Abu Dhabi, the England cricket team on Monday returned to India for the remainder of the five-match rubber against the hosts, which is locked at …
Empower revenue soars to $824m in 2023; net profit up
For the year 2023, its pro forma net profit grew by 6.1% to AED1,083 million. This pro forma net profit comparison adjusts for pre IPO leverage to show comparable performance. On an absolute basis, …
UAE launches technology fund for developing nations
The United Arab Emirates on Monday launched a fund to finance the development of sophisticated technology in developing nations. The fund was launched with capital of $200 million, financed by the Abu …