It’s the first institutional investment in the crypto exchange and the investment was made in stablecoin, Binance said.
Binance nets biggest ever crypto investment as UAE-backed MGX puts in $2 billion
The investment came in the form of stablecoins and reflects the growing presence of crypto in the Middle East.
Iran says UAE presidential adviser delivers Trump letter to Tehran
A letter from U.S. President Donald Trump to Iran’s clerical establishment has been delivered by Anwar Gargash, diplomatic adviser to the president of the United Arab Emirates, Iran’s foreign ministry …
Abu Dhabi shuts down poultry farm for violating food safety law
Abu Dhabi Food Control Authority (ADFCA) has closed down Al Fairooz Poultry Farm in Al Ajban area of Abu Dhabi city, which holds the commercial licence …
Abu Dhabi’s MGX Hires From Apollo, Warburg Amid Trump’s AI Push
Abu Dhabi’s MGX, which is helping bankroll the $100 billion artificial intelligence venture touted by Donald Trump, is beefing up its US operations with hires from the likes of Apollo Global …
Iran says UAE’s Gargash will deliver Trump’s letter to Tehran
U.S. President Donald Trump’s letter to Iran’s clerical establishment will be delivered by Anwar Gargash, diplomatic advisor to the president of the United Arab Emirates, Iran’s foreign ministry …
The ‘dark side’ of Dubai hiding behind glitz and glamour of influencer hotspot
While Dubai has a lot of beauty – from impressive buildings to stunning beaches and large malls – there is dark side to the city which is often hidden.
UAE’s new $65.4bn investment strategy a ‘significant milestone’: Minister
Mohamed Hassan Alsuwaidi, Minister of Investment, said that the UAE’s approval of the National Investment Strategy (NIS) 2031, under the leadership of Sheikh Mohammed bin Rashid Al Maktoum, Vice …
Abu Dhabi closes poultry farm for posing ‘significant risk to public health’
A poultry farm in Abu Dhabi has been closed down by authorities for posing a ‘significant risk to public health’ on Wednesday. Al Fairooz Poultry Farm, located in Al Ajban area has been …
How to stay safe while driving during Ramadan in Abu Dhabi
Avoid driving straight after having a heavy meal, as it could make you feel sleepy. Be extra patient and practice safe distance from the cars driving in front of you. Avoid sleeping in your car with …
UAE visa-free travel for Eid Al Fitr 2025
With Eid Al Fitr holidays coming soon, which countries can UAE residents visit without needing a visa before travelling?
Ramadan in UAE: EU Ambassador’s Suhoor celebrates women’s role in diplomacy
Abu Dhabi: A Ramadan Suhoor hosted by the European Union delegation to the UAE celebrated the crucial role of women in diplomacy. Hosted by the EU Ambassador to the UAE, Lucie Berger, at her residence …
Dubai Aerospace Said to Seek Buyer for Aircraft Maintenance Unit
Dubai Aerospace Enterprise Ltd, which is owned by the emirate’s sovereign wealth fund, is considering selling its aircraft maintenance division, according to people familiar with the matter.
Where to see fireworks in Dubai over the Holy Month of Ramadan 2025
The whole family will love the glittering display… One of the best things one can witness in this city is probably a fireworks display. Over the Holy Month of Ramadan, we can expect a number of …
Dubai to transform public spaces into art showcases under new partnership
The agreement, which supports the Dubai 2040 Urban Master Plan, will focus on transforming Dubai’s streets and public spaces …
If you get a salary of 20 thousand in Dubai, then you will be surprised to know how much it will be in India
How much would a salary of 20,000 dirhams in Dubai be worth in India? Find out what the actual value of this salary could be in India based on currency conversion, expenses and differences in standard …
UAE coffee business gets $8.2m investment shot, eyes Saudi and Europe expansion
A coffee business in the UAE has announced a AED30m ($8.2m) investment as it looks to expand throughout the Middle East and Europe. ROR Coffee Solutions, an Emirati-owned specialty coffee provider, …