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Tag: crypto

Posted on 22/10/2020

Abu Dhabi’s IPIC Drops Lawsuit Against Goldman Sachs Over 1MDB Scandal

Abu Dhabi’s International Petroleum Investment Co (IPIC) dropped a lawsuit against Goldman Sachs Group Inc to recover losses suffered from the U.S. investment bank’s dealings with Malaysian state fund …
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Posted on 22/10/2020

Lawmakers take steps to slow down sale of F-35s to UAE

Two Senate Democrats are hoping to slow roll the potential sale of the F-35 joint strike fighter to the United Arab Emirates, introducing on Oct. 20 legislation that would block the delivery of …
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Posted on 22/10/2020

This ‘John Wick’ Rollercoaster in Dubai Looks Even More Intense Than the Movies

Open Contract’ ride it is building in its Motiongate theme park in Dubai, which was inspired by the world of assassins depicted in the wildly popular action movie series starring Keanu Reeves.
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Posted on 21/10/2020

Abu Dhabi fund drops lawsuit against Goldman over 1MDB

One of Abu Dhabi’s sovereign wealth funds has dropped a lawsuit alleging Goldman Sachs bribed its officials as part of a “massive global conspiracy” that led to billions of dollars being embezzled …
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Posted on 21/10/2020

COVID-19: Can I land at Dubai Airport if I have a visa issued from Abu Dhabi?

What are the regulations for arriving at an airport in another emirate? Abu Dhabi entry guidelines: Which tests are accepted and where can you get it done? Dubai: What are the regulations that …
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Posted on 21/10/2020

Israel says UAE visit ‘making history’ – Palestinians call it ‘shameful’

A group of United Arab Emirates officials became the first Gulf Arab delegation ever to visit in Israel on Tuesday, cementing a normalisation deal in an occasion that Israel and U.S. officials …
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Posted on 21/10/2020

Cryptocurrency This Week: Crypto Ban In The Air, Crypto Scams Everywhere

Even as crypto stakeholders in India argue against … only to find that the exchange’s office had shifted from India to Dubai. In the preliminary investigation, it was found that the 43 …
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Posted on 21/10/2020

Israeli pipeline company signs deal to bring UAE oil to Europe

Israeli pipeline company EAPC said on Tuesday it had signed a preliminary deal to help transport oil from the United Arab Emirates to Europe via a pipeline that connects the Red Sea city of Eilat and …
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Posted on 21/10/2020

Dubai wealth fund expected to sell $500 mln in long 5-yr bonds

Investment Corporation of Dubai (ICD), the Dubai government’s main investment arm, is expected to sell $500 million in long five-year bonds at 275 basis points over mid-swaps, a document showed on …
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Posted on 21/10/2020

Sharjah Ruler opens Al Subaihiya Suburb Council in Khorfakkan

His Highness Dr. Sheikh Sultan Bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated the Al Subaihiya Suburb Council in Khorfakkan this morning. After unveiling the official …
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Posted on 21/10/2020

Sharjah International Book Fair: The world reads from Sharjah

With COVID-19 engulfing the world, Sharjah sends a clear message that life must go on On November 4, the Sharjah International Book Fair (SIBF) will open its doors to book lovers again. Not virtually, …
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Posted on 21/10/2020

‘Fans are going crazy’ waiting for Khabib Nurmagomedov to fight again, an Abu Dhabi government official who helped build Fight Island said

Our data provider is having technical issues, live scoring and stats are impacted. We are working with them to enable your sports experiences again as quickly as possible. FIGHT ISLAND — Khabib …
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Posted on 21/10/2020

Abu Dhabi DoE updates violation lists for developers, businesses; fines up to $2.72mln

The Abu Dhabi Department of Energy (DoE) announced on Wednesday that it has updated its list of violations and administrative fines that will affect all licensed entities, real estate developers, …
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Posted on 21/10/2020

Dubai City Half Marathon first mass event since COVID-19 pandemic

More than 400 runners from over 40 countries are scheduled to participate in Friday’s 2020 Mai Dubai City Half Marathon, the first mass-running event to be staged in Dubai and the UAE since the …
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Posted on 21/10/2020

Abu Dhabi department of energy updates list of violations, fines for licensed entities

The Abu Dhabi Department of Energy (DoE) has updated its schedule of violations and administrative fines, affecting all licensed entities, real estate developers, facility owners, energy services …
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Posted on 21/10/2020

RAKBank: Tackling the surge in cybercrime

However, one of the downsides of this massive shift to online was the surge in cybercrime rates. The hike in unemployment and online activities attracted cybercriminals who are always quick to take …
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Posted on 21/10/2020

Dubai’s Emirates NBD records 55% net profit dip for first nine months of 2020

Dubai-based lender Emirates NBD recorded a 55 per cent drop in net profit for Q1-Q3 2020, posting Dhs5.6bn, down from Dhs12.48bn during the year-earlier period. The decline in net profit was …
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