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Tag: crypto

Posted on 08/06/2020

Dubai’s Financial Hub Invests in Four FinTech Startups

Dubai International Financial Centre invested in four financial technology startups as part of the business hub’s $100 million fund to help companies seeking access to Middle East, Africa and South …
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Posted on 08/06/2020

Survey: Dubai, Tell Us How You Feel About Returning To Work From Your Offices Post The COVID-19 Lockdowns

Built by Entrepreneur Middle East in collaboration with Dubai Chamber of Commerce and Industry, this survey aims to look into the sentiment of private sector employees in Dubai about going back to …
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Posted on 08/06/2020

Sharjah: Is it cheaper to buy groceries from supermarkets or wholesale?

Gulf News spoke to a few people from the UAE who shared what they generally buy on a monthly basis to compare prices from wholesale markets versus leading supermarkets around the …
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Posted on 08/06/2020

Accident on Dubai-Sharjah road causes huge tailbacks

An accident on the road also caused huge tailbacks on the road. Motorists are advised take caution and take alternative routes where possible. According to Google Maps, heavy traffic congestion was …
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Posted on 07/06/2020

Sharjah mosques start sterlilisation ahead of reopening

The sterilisation operation comes as a step for reopening mosques, however, the date for reopening the mosques has not been announced. Videos showing preparations and precautionary measures in full …
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Posted on 07/06/2020

Abu Dhabi wealth fund to invest $752m in Mukesh Ambani’s Jio platforms

The Abu Dhabi Investment Authority will invest $752m in Jio Platforms, joining a roster of marquee investors backing billionaire Mukesh Ambani’s dream of creating an Indian tech titan. Adia, the Gulf …
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Posted on 07/06/2020

India’s Reliance Jio Platforms to sell $750 million stake to Abu Dhabi Investment Authority

Mukesh Ambani has courted the seventh major investor for his telecommunications business in just as many weeks. On Sunday, Reliance Jio Platforms said it will sell a stake of 1.16% for $750 million to …
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Posted on 07/06/2020

India’s Reliance says Abu Dhabi Investment Authority invests $752 million in digital unit

Indian oil-to-telecoms conglomerate Reliance Industries said on Sunday that the Abu Dhabi Investment Authority (ADIA) will buy 1.16% of its digital unit Jio Platforms for 56.83 billion rupees ($752 …
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Posted on 07/06/2020

Dubai Leads Gulf Stocks Higher After OPEC Extends Output Cuts

Dubai shares climbed the most in the Gulf on after OPEC+ agreed to a one-month extension of its record output cuts, underpinning the recovery in oil prices.
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Posted on 07/06/2020

Heavy traffic towards Dubai from Sharjah: Police

They advised motorists to take caution and take alternative routes. According to Google Maps, heavy traffic congestion was observed on key highways like E311 Sheikh Mohammed bin Zayed Road from …
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Posted on 06/06/2020

Sharjah charity clears inmates’ debts worth Dh1,333,485

Sharjah Charity Association has cleared the financial dues of 25 prisoners totalling Dh1,333,485 at the Punitive Rehabilitation Centre in Sharjah, a top police official has said. Brigadier Ahmad …
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Posted on 06/06/2020

Dubai Sheikh’s Highland abode gets add-on

If you’re a sheikh with several wives and more than 20 children it stands to reason that your Highland retreat will be more castle than croft.For at least a year the ruler of Dubai, Sheikh Mohammed …
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Posted on 05/06/2020

Dubai: Dane involved in Sweden, Spain gang crime arrested

A Danish citizen allegedly involved in gang-related crime in southern Sweden, and killings and explosions in Spain, has been arrested in Dubai, a Swedish newspaper reported Friday.
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Posted on 05/06/2020

UAE sovereign wealth fund Mubadala to invest $1.2 billion in India’s Jio Platforms

Mubadala, the UAE sovereign wealth fund, is investing $1.2 billion in Jio Platforms in exchange for nearly 1.9% of the business.  Owned by India’s richest man, Mukesh Ambani, Jio Platforms is valued …
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Posted on 05/06/2020

Abu Dhabi’s Mubadala picks up $1.2bn stake in Reliance’s Jio

Abu Dhabi’s Mubadala will invest $1.2bn in Mukesh Ambani’s Jio Platforms, as the sovereign wealth fund joins Facebook and a number of US private equity groups in backing the Indian telecom and digital …
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Posted on 05/06/2020

Abu Dhabi Sovereign Fund to Invest $1.2 Billion in Jio Platforms

Abu Dhabi’s Mubadala Investment Co. will invest $1.2 billion in Reliance Industries Ltd.’s digital arm, adding to the roster of marquee investors that have piled into the business.
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Posted on 04/06/2020

MIDEAST STOCKS-Dubai outperforms as Aramco hurts Saudi

Most major stock markets in the Middle East ended higher on Thursday, with Dubai leading the way as blue-chip stocks advanced, but oil giant Saudi Aramco weighed on the Saudi index. Dubai’s index …
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