Iran’s navy has seized an oil tanker in the Gulf of Oman that once was at the center of a major crisis between Tehran and Washington, a seizure that further escalates tensions in the Mideast waterways …
Is Dubai Safe? A Look Into the Middle Eastern Land of Luxury
Dubai is a glamorous middle eastern city that is known for its desert experiences, luxury dining and modern skyrises. It is one of the seven emirates in the United Arab Emirates (UAE) and a very …
UAE generative AI investment will boost developing sector: World Economic Forum
The UAE Strategy for Artificial Intelligence aims to boost government performance at all levels, use an integrated smart digital system that can overcome challenges and provide quick efficient …
UAE Central Bank Balance Sheet touches AED670 billion mark by end of November 2023
The Central Bank of the United Arab Emirates (CBUAE) saw its balance sheet soar to touch the AED670 billion mark at the end of November 2023, marking a significant surge in its financial strength.
Umex and SimTex 2024: Record-breaking turnout expected in Abu Dhabi
The latest developments in unmanned systems, robotics and AI technology are expected to attract record participation in the Unmanned Systems Exhibition and Simulation and Training Exhibition in Abu …
UAE Corporate Tax: Place of effective management deciphers tax residency for global companies
In a move to ensure a fair and transparent corporate tax regime, the UAE has laid down comprehensive guidelines for determining the tax residency of entiti..
The ‘Dubai of Brazil’ Is a Bet on a Future that Only Goes Up
At 12,624 reais ($2,580 USD), Balneario Camboriu has the most expensive real estate by average square meter in Brazil, according to FipeZAP, which tracks prices. The pandemic accelerated the momentum …
Dense fog blankets parts of UAE for 3 hours, lowest temperature recorded at 6.9°C
The NCM appealed to road users and motorists to exercise caution and follow traffic instructions, during the fog formation and low visibility.
UAE’s early investment in generative artificial intelligence ensures development of this promising sector
The UAE Strategy for Artificial Intelligence aims to boost government performance at all levels, use an integrated smart digital system that can overcome challenges and provide quick efficient …
OKX secures conditional license from Dubai regulator
OKX commended VARA’s efficient licensing process and effectiveness in governing the crypto sector responsibly.
Record-breaking UMEX and SimTEX 2024 exhibition and conference set to launch next week in Abu Dhabi with unprecedented local and global participation
Under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi, the Unmanned Systems (UMEX) and Simulation and Training (SimTEX) exhibition and conference will take …
Russian demand for Dubai property is slowing — but China’s is picking up, DAMAC chairman says
While China’s economy faces challenges at home, Dubai is benefitting from those who can spend and invest their capital outside of the country.
Dubai property prices could rise 5-10% this year -DAMAC CEO
Dubai’s real estate market could see price increases of 5-10% this year, the head of one of the city’s biggest developers, DAMAC Properties, said on Tuesday, adding he did not expect a correction in …
Surprising milestone as UAE banking sector exceeds USD1.09T in total assets
For the first time in its history, the banking sector in the United Arab Emirates has achieved a remarkable feat, with the total assets surpassing 4 …
CoinMENA Partners with Onramp Bitcoin to Provide MENA Investors With Institutional Grade Bitcoin Research.
CoinMENA, a leading cryptocurrency platform in the Middle East and North Africa (MENA) region, announces a strategic partnership with Onramp Bitcoin, an international Bitcoin asset management company …
Crypto exchange OKX secures VASP licence from Dusai’s VARA
When operational, VARA said the licence will enable the company to provide spot services and spot-pairs services to qualified retail clients.
Kraken look to start new streak against Rangers
For the first time in more than a month, the Seattle Kraken did not earn at least one point. Now, their roster depth may be tested a little more. After seeing their team-record 13-game points streak …