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Tag: crypto

Posted on 17/06/2025

$100m plot sold in Dubai: Here’s where its located

Dubai Sotheby’s International Realty has brokered the sale of a residential plot on Palm Jumeirah for Dhs365m ($100m), setting a new record for the island’s most expensive land transaction in 2025.

Posted on 17/06/2025

Sharjah Ruler appoints Secretary-General of SCHESR

His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree regarding the transfer, promotion, and appointment of a Secretary-General for …

Posted on 17/06/2025

Schonfeld Backs Abu Dhabi Hedge Fund Startup With $500 Million

Schonfeld Strategic Advisors is backing a new hedge fund in Abu Dhabi, allocating about $500 million to Omar Newera, a former Waha Capital portfolio manager, according to people familiar with the …

Posted on 17/06/2025

UAE SaturnX stablecoin infrastructure provider raises $3 million

SaturnX, the infrastructure provider for stablecoin-based cross-border payments with headquarters in Dubai, UAE, has closed a $3 million seed round.

Posted on 17/06/2025

Community living in Sharjah: Inside Alef’s next-gen developments

Sharjah’s real estate appeal stems from its strategic location, offering proximity to Dubai while maintaining a unique cultural identity …

Posted on 17/06/2025

Sharjah school staff convicted in Indian boy’s death

Court has convicted two school staff members of negligence in the death of eight-year-old Indian student Rashid Habib, more than a year after he died following a fall at his school in Muwaileh …

Posted on 17/06/2025

Energy security is driving Abu Dhabi’s tilt at overlooked Santos

The pull of LNG is proving strong in the Middle East, driving the surprise takeover bid for an Australian producer that others have looked at and left.

Posted on 17/06/2025

UAE coast guard evacuates 24 people from oil tanker crash east of the critical Strait of Hormuz

The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east of the world’s most critical oil chokepoint, the Strait of Hormuz.

Posted on 17/06/2025

UAE: Showroom ordered to pay Dh83,000 after selling customer’s car without paying

A car showroom has been ordered to return Dh68,000 to a customer, along with an additional Dh15,000 in compensation. A ruling from the Al Ain Court for Civil, Commercial, and Administrative Claims …

Posted on 17/06/2025

UAE Coast Guard Rescues 24 Crew Members After Tanker Collision In Gulf Of Oman

UAE coast guard has rescued 24 crew members after oil tanker collision near Strait of Hormuz amid regional maritime tensions.

Posted on 17/06/2025

DEWA’s Green Charger Initiative powers EVs in Dubai with more than 39,159 MWh of electricity in decade

Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA’s Green Charger initiative has witnessed a 23.6% increase in electric vehicle (EV) charging use …

Posted on 17/06/2025

Vietnam’s blockchain firms look abroad as legal framework lags behind

If Vietnam’s legal framework aligns with global standards, it will encourage blockchain companies to register and establish headquarters in Vietnam, rather than abroad as is often the case now.

Posted on 17/06/2025

UAE evacuates 24 people from oil tanker after collision near Hormuz Strait

The United Arab Emirates coast guard said on Tuesday it had evacuated 24 people from oil tanker ADALYNN following a collision between two ships in the Gulf of Oman, near the Strait of Hormuz. British …

Posted on 17/06/2025

Air India Crash: UAE-Based Philanthropist Malayali Doc Pledges Rs 1 Cr Each To Kin Of Medical Students Killed In Hostel

Indian-origin malayali entrepreneur and philanthropist Shamsheer Vayalil Parambath has announced Rs 1 crore to each of the kin of deceased medical students who lost their lives when Air India flight …

Posted on 17/06/2025

Iran-Israel conflict: UAE residents cancel travel plans to Georgia, Armenia

Travel agents in the UAE said people are not taking non-essential and leisure travel to these destinations fearing they may be stranded if the Iran-Israel conflict expands into a war …

Posted on 17/06/2025

Planning a getaway? Here are all the UAE long weekends in 2025

UAE public holidays for 2025 will equate to at least 12 days in total, and if you combine these days with weekends, you could be looking at some serious time off work this year. As of January 1 this …

Posted on 17/06/2025

Alef launches Hamsa 3 final residential phase of Al Mamsha Raseel in Sharjah

Hamsa 3 is part of the Al Mamsha Raseel master plan, spanning over 48,000 sqm, with more than 65% dedicated to green open spaces …

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