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Tag: crypto

Posted on 22/04/2021

Expo 2020 Dubai spotlights five grassroots innovations

Reem Al Hashimy, UAE Minister of State for International Cooperation, Director General of Expo 2020 Dubai and Chair of the UAE National Committee on Sustainable Development Goals, said: “The impact of …

Posted on 21/04/2021

Analysis: Sharjah use counter-attack to perfection in AFC Champions League win over Pakhtakor

Sharjah: The hosts extended their lead in Group B of the 2021 AFC Champions League thanks to standout performances by Caio and the Sharjah defence.

Posted on 21/04/2021

UAE floats movement restrictions on unvaccinated people, Abu Dhabi changes course on vaccine rollout

The UAE has overseen the second-fastest vaccination campaign in the world after Israel, announcing on Wednesday that some 9.9 million vaccine doses had been administered to its mostly-expat population …

Posted on 21/04/2021

Cryptocurrency millionaires stock up pricey digital art. What you need to know!

Exploring the world of digital art and how veteran investors park their savings in them Bitcoin: To buy or not to? Top billionaire Warren Buffet still won’t buy – here’s why! UAE: Bitcoin soars after …

Posted on 21/04/2021

Conditions The U.S. Might Impose On The UAE F-35 Deal

Things seem to be looking up for the sale of U.S. fifth-generation F-35 Lightning II jets to the United Arab Emirates. However, Abu Dhabi will most likely need to fulfill some significant …

Posted on 21/04/2021

Nasdaq Dubai welcomes listing of $500m Sukuk by DIB

Nasdaq Dubai has welcomed the listing of a $500 million perpetual Additional Tier 1 Sukuk, issued by the Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE.The Sukuk achieved the lowest …

Posted on 21/04/2021

Dubai Customs recycles 134,000 counterfeit items worth over Dh1M

Dubai: Around 134,000 counterfeit items of 42 brands, with a street value of Dh1.018 million, have been recycled by the Dubai Customs as part of their efforts in combating piracy and counterfeiting as …

Posted on 21/04/2021

DMCC strikes deal to build blockchain-based precious metals refinery in Dubai

Dubai Multi Commodities Centre — a free trade zone established by the Dubai Government — has signed a sale and purchase agreement with REIT Development to construct a 100,000 square foot precious …

Posted on 21/04/2021

Abu Dhabi Is Said to Weigh Sale of $4 Billion Taqa Stake

Abu Dhabi is weighing the sale of a stake in its biggest utility as the oil-rich emirate seeks more international investment in its marquee assets, people familiar with the matter said.

Posted on 21/04/2021

Sheikh Mohammed to outline UAE’s green vision at US President Biden’s climate summit

The summit on April 22 and 23 is being hosted remotely by US President Joe Biden. In his speech, Sheikh Mohammed will highlight the UAE’s green vision and climate action ambitions. The US President …

Posted on 21/04/2021

Vaccinated UAE team out of Fleche Wallonne over virus cases

Tour de France winner Tadej Pogacar is out of the Flèche Wallonne one-day race Wednesday after his UAE Team Emirates squad withdrew following two positive tests for the coronavirus, even though the …

Posted on 21/04/2021

Treasury-Buying Spree of $17 Billion Has UAE Eclipsing China

The United Arab Emirates went on its biggest Treasury-buying foray on record in February, purchasing more of the safe-haven securities than China in one of the worst months for U.S. debt markets in …

Posted on 21/04/2021

Emirates Could Tap Dubai for Support Amid Delayed Recovery

Emirates said it may need to tap Dubai’s government for an equity injection if demand doesn’t rebound from the coronavirus crisis in the next six to eight months.

Posted on 21/04/2021

US man who legally smoked marijuana in Las Vegas before flying to Dubai is freed and deported

Peter Clark, 51, was deported from Dubai after prosecutors dropped all charges against him. He was arrested in February after going to hospital, where doctors did blood tests and found drugs.

Posted on 21/04/2021

Dubai Investments acquires stake in National General Insurance Company

The UAE’s leading investment company, Dubai Investments announced the execution of a direct deal of acquiring 21.53 per cent shares of National General Insurance Company (NGI) from Emirates NBD Bank.

Posted on 21/04/2021

UAE Adopts Blockchain Tech for Its Judicial Notary Services

UAE has adopted blockchain technology in its judicial notary services. This will help reduce time, effort, and the high cost of contract verification. UAE plans to move half of its transactions on …

Posted on 21/04/2021

Abu Dhabi seeks bids for key PPP infrastructure projects

Abu Dhabi is launching two major infrastructure public-private partnership (PPP) projects under the Partnership Projects framework issued by the Abu Dhabi Investment Office (ADIO), for the procurement …

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