The United States Justice Department is currently engaged in negotiations with Binance to bring an end to its investigation into …
‘We’re staying away from Gaza’: Palpable silence at the Dubai Air Show
Under the screams of Russian, Chinese, and American warplanes vying for attention above the Dubai Air Show tarmac, the silence on the Israel-Hamas war was deafening. As exhibitors paraded a host of …
Rival in move to halt UAE Telegraph bid
Sir Paul Marshall has launched a last-minute attempt to derail an Abu Dhabi bid to refinance the Barclay family’s £1.2 billion debt, which would pave the way for a foreign takeover of the Telegraph …
RTA starts installation of solar panels at Dubai metro, tram depots
Roads and Transport Authority (RTA) has started the installation of solar energy panels at the Dubai Metro Depots at Jebel Ali and Al Qusais as well as the Tram Depot at Al Safouh. The project, which …
Abu Dhabi Chamber A Supporting Partner Of Abu Dhabi Finance Week 2023
Al Mazrui: We are proud to support the second edition of ADBW 2023 considering it one of the most important prestigious events, and the largest international investment and financial event Al Qubaisi: Through our participation in Abu Dhabi Finance Week …
Dubai Taxi sets IPO price range, targets company at up to $1.2b
Dubai Taxi Company (DTC) on Tuesday announced the price range for the sale of its shares (Offer Price Range) and the start of the subscription period for its initial public offering (IPO). In a …
Binance CEO Changpeng Zhao to plead guilty ahead of expected $4.3bn crypto fines: reports
Binance CEO and founder Changpeng Zhao will plead guilty to money-laundering charges and step down from the cryptocurrency giant, according to a report by the Wall Street Journal.
Factbox-Which crypto bosses besides Binance’s CZ are in US authorities’ crosshairs?
By Niket Nishant, Hannah Lang and Tom Wilson (Reuters) -Binance chief Changpeng Zhao will step down and plead guilty to breaking criminal U.S. anti-money laundering laws as part of a settlement …
US Justice Department is seeking more than US$4 billion from Binance to end criminal case
The US Justice Department is seeking more than US$4 billion from Binance Holdings as part of a proposed resolution of a years-long investigation into the world’s largest cryptocurrency exchange.
ESG Hospitality Partners with Hilton to Develop Mallside Residence and Hotel, Curio Collection by Hilton, at Dubai Hills Estate
ESG Hospitality, the hospitality arm of Emirates Stallions Group (ADX: ESG), a global investment, engineering, and cons …
Year After Raising $18M, Lewis Hamilton’s ‘Neat Burger’ Takes Harsh Step to Avert Crisis
Remember how many drivers complained of the Qatar GP being too harsh to drive in? Lewis Hamilton came out with the statement explaining how F1 is an extreme sport and should remain that way. The …
Dubai’s ‘Miracle Garden’ amidst a water scarcity challenge, and more from around the world
In the UAE, where 42 per cent of water is sourced from energy-intensive desalination plants, the nation faces the challenge of meeting one of the world’s highest water consumption rates – an average …
UAE first crypto mining ICO for Phoenix Group raises $370 million with retail clients as biggest investors
As the crypto market goes green so is crypto mining investment in the UAE. For the first time in the MENA region, a UAE home grown crypto mining entity Phoenix Group has carried out a successful IPO …
Sharjah Club extends Marcus Meloni’s contract
Marcus Meloni, a Brazilian defender with the Sharjah Football Club, has had his contract extended until 2026. Abdullah Al Ajlah, President of Sharjah Football Club Company, presided over the renewal …
Cop28 kicks off in Dubai next week: Who’s going and who’s not?
Fellow pariah, President Vladimir Putin, is not expected in Dubai. He has barely left Russia since invading Ukraine in 2022, and a subsequent international war crimes warrant was issued for him.
Dubai property market zooms, realty deals record 37% growth in 3rd quarter
The Dubai real estate market achieved remarkable and unprecedented results in property transactions. In Q3 2023 alone, the value of these transactions soared to Dhs430 billion, showcasing an …
Dubai Penthouse Sets Price Record for the City With AED500 Million Sale
Dubai has a new record for the most expensive penthouse sold in the city, as a nearly 22,000-square-foot apartment at Como Residences on Palm Jumeirah has sold for AED500 million (US$136.13 million), …