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Posted on 18/06/2020

Major crypto debit card issuer reportedly missing $2.1B in cash

According to earlier reporting by the Financial Times, Wirecard staff in Dubai and Dublin appear to have conspired to falsely inflate sales and profits for almost a decade. Crypto.com’s popular debit …
( read original story …)


Posted on 18/06/2020

Divers cut, plant coral off UAE coast to build reef

Off the east coast of the United Arab Emirates (UAE) coral freshly removed from a reef is cut into pieces and replanted by a group of divers in the waters below. The divers, from the Fujairah …
( read original story …)


Posted on 18/06/2020

Sharjah Islamic Bank successfully priced $500 million Sukuk

SHARJAH, United Arab Emirates(AETOSWire): Sharjah Islamic Bank (SIB), one of the leading Islamic banks in the UAE, priced a $500 million (1.83 billion dirhams) long 5-year sukuk, with a profit rate of …
( read original story …)


Posted on 18/06/2020

Starting a business in the UAE? Find out how Economic Substance Rules protect you.

Are you planning on newly incorporating your business in the UAE? If you are, you would have understood by now that one of the first things you need to do is apply for a trade licence. This is …
( read original story …)


Posted on 18/06/2020

5 Arab fighters who could be UFC ‘Fight Island’ alternates in Abu Dhabi

With the UFC returning to Abu Dhabi for four events in July, here are five Arab fighters who could fill in if needed.
( read original story …)


Posted on 18/06/2020

Dubai’s Ripe Retail launches special Palm Jumeirah pop-up this summer

Dubai’s popular Ripe Market is back for the summer, this time with a pop-up at Nakheel Mallhead to Palm Jumeirah’s Nakheel Mall on Palm Jumeirah. Ripe Retail has revealed a special pop-up taking place …
( read original story …)


Posted on 18/06/2020

KT edit: Sharjah deserves praise for supporting teachers

The UAE, particularly Sharjah, has recognised their contributions during this difficult time. In April, the emirate’s education authorities intervened and said they would penalise schools who resorted …
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Posted on 18/06/2020

Abu Dhabi Investment Office Invests US$5 Million in Shorooq Partners’ Bedaya Fund To Support Early-Stage Startups In Abu Dhabi

ADIO’s investment to be channelled to fintech, tech-enabled business services, platforms and software startups in Abu Dhabi …
( read original story …)


Posted on 18/06/2020

Race To Ready Dubai’s Mega Expo Despite One-year Delay

Armies of workers in protective masks are racing to complete the mammoth Dubai Expo 2020 site despite the coronavirus that has sickened some employees, forced a one-year postponement, and created a …
( read original story …)


Posted on 18/06/2020

50 Pinoys dead of COVID-19 in Dubai but central command says overall cases declining

DUBAI, United Arab Emirates — The head of Dubai’s COVID-19 Command and Control Centre said this international city that does not sleep is moving steadily towards overcoming the pandemic, noting that …
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Posted on 18/06/2020

Traffic alert: Police urge caution after multiple accidents in Dubai

Heavy congestion was reported on various roads in Dubai on Thursday morning due to multiple accidents. Drivers faced disruption during rush hour after an accident on the Boukdra Bridge towards the Ras …
( read original story …)


Posted on 18/06/2020

From Strength To Strength: Privilee Founder Lars Johannesen On How He Built “The UAE’s Ultimate Fitness And Leisure App”

Founded by Lars Johanessen, who came to the UAE from his native Denmark in 2009, Privilee is a fitness and leisure app-based membership service offering a five-star lifestyle to everyone at affordable …
( read original story …)


Posted on 18/06/2020

A Look At How Businesses In Dubai Are Ensuring Their Employees Physical And Mental Well-Being Amid COVID-19

As large and small businesses across all industries are adapting to changes brought on by the COVID-19 pandemic, one thing that shouldn’t be forgotten in the fray is the focus on supporting employees’ …
( read original story …)


Posted on 18/06/2020

Dubai allows new set of economic activities; no restrictions on mall visits

Dubai has announced the resumption of a new set of economic activities and services in the emirate effective Thursday 18 June, 2020. This includes allowing people over the age of 60 and children under …
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Posted on 18/06/2020

Miami woman stuck in Dubai for nearly two years over an alleged forgery

Danielle Jeffries has been stranded in Dubai since May 2019 over an alleged forgery which her attorney said she did not commit. Jeffries says the inherent racism in the United Arab Emirates is the …
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Posted on 17/06/2020

UAE official: Israel annexation may draw calls for one state

A senior Emirati official warned Wednesday that Israel’s planned annexation of parts of the West Bank could lead Arab states to call for a single bi-national state for …
( read original story …)


Posted on 17/06/2020

Amity University Dubai hosts virtual business conference

Academics, researchers, practitioners, industry professionals and students from around the region came together for a two-day international business conference organised by Amity University Dubai’s …
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