Huadi International Group, which manufactures steel pipe and tube products in China, announced terms for its US IPO on Wednesday. The Wenzhou, China-based company plans to raise $25 million by …
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UAE allows 100% ownership of businesses by foreigners
The decree is reflective of the UAE’s forward-looking vision to open up its economy by creating a favourable legislative environment that will keep pace with the changes taking place across global …
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Dubai Civil Defense, du in blockchain-powered partnership
Dubai Civil Defense has partnered with UAE telecom major du to become the first military entity in the UAE to be blockchain-powered and accelerate digital transformation. du, from Emirates Integrated …
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Dubai launches initiative to become cashless society
The Government of Dubai has formed the ‘Cashless Dubai Working Group’ to create an action plan to shift all payment transactions in Dubai to secure and easy-to-use cashless platforms across sectors.
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Growth of Islamic finance in numbers globally, in Saudi, and the UAE
Islamic finance (IF) is a way of doing financial transactions and banking while respecting Islamic law or sharia. IF is today is a $2.5 trillion industry located in more than 80 countries, and …
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UAE Central Bank launches FinTech Office to develop a mature industry ecosystem
The UAE Central Bank has launched FinTech Office to develop a mature industry ecosystem within the UAE and position the nation as a foremost FinTech hub regionally and globally. “We are beginning to …
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UAE Central Bank launches new office to drive FinTech innovation
The Central Bank of the UAE (CBUAE) announced on Wednesday the launch of a FinTech Office which aims to develop a mature financial technology ecosystem within the country. The new office, announced …
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Crypto Card Market May See a Big Move : Revolut, Bitpay, SpectroCoin, Bitwala, Cryptopay
Global Crypto Card Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread) is latest research study released by HTF …
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UAE halts new visas to citizens of 13 mostly Muslim states – document
The United Arab Emirates has stopped issuing new visas to citizens of 13 mostly Muslim-majority countries, including Iran, Syria, Afghanistan and Pakistan, according to a document issued by a …
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Does The News From UAE Imply Trouble For OPEC?
News out of Abu Dhabi has made some think that cracks might be showing in the OPEC+ edifice, including rumors that the Emirate was planning to leave OPEC, but also announcement of discovery of 22 …
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Wi-Fi Market to Witness Huge Growth by 2026 | Advantech, Silicon Laboratories, Murata Manufacturing
A new business intelligence report released by HTF MI with title “Global Wi-Fi Market Report 2020 by Key Players, …
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UPDATE 1-Abu Dhabi’s Mubadala seeks Israeli partners on technology investment
Abu Dhabi state investor Mubadala plans to identify potential fund partners in Israel and find high-growth technology firms in which to co-invest, as the United Arab Emirates and Israel seek to boost …
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Sharjah police organise virtual anti-bullying lectures for students
The Sharjah Police General Directorate recently organised a virtual series of awareness-raising sessions that target students all over the Emirate to shed the light on the issue bullying and its …
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Bee’ah and Sharjah cement factory partner to support Sharjah’s zero-waste strategy with alternative fuel contract
Sharjah Cement Factory Sharjah, UAE: Bee’ah, the Middle East’s award-winning sustainability pioneer, and Sharjah Cement Factory signed a long-term contract today for the supply of alternative fuel …
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Fears of Pakistan losing job market to India grow after UAE visa ban
In fact, since the ban came into effect on 18 of November, one recruitment agency alone in Rawalpindi has lost 3,000 jobs which have now been diverted to India by its client. Initially, it was …
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Hope, the UAE’s first interplanetary mission, has its eye on bonus science on way to Mars
An artist’s depiction of the UAE’s Hope Mars orbiter. The United Arab Emirates’ first foray beyond Earth’s orbit is going so smoothly that the nation’s Hope Mars spacecraft will tackle some bonus …
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Prominent local group of companies to implement solar projects across the UAE
SirajPower, UAE’s leading distributed solar energy provider, is in collaboration with Al Ghurair Group, one of the largest diversified family business groups in the Middle East, to implement solar …
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