UAE households made 968 million FMCG brand choices in the past year, with local and regional brands accounting for 67% of consumer reach as penetration emerged as the key growth driver …
How a Dubai Crypto Exchange and Online Gambling Helped Move $4 Billion for Iran
A Dubai crypto exchange and over 2,000 gambling sites moved $4 billion for Iran, aiding sanctions evasion and interacting with the central bank.
Reuters ties Dubai exchange Shelbit to $4 billion Iran sanctions route
An unlicensed Dubai crypto exchange, Shelbit, moved at least $4 billion since May 2024 for Iranian gambling operators and sanctioned state entities, a series …
Iran’s $4 Billion Sanctions Evasion Network: How Gambling Sites and Crypto Were Used
A Dubai-based crypto exchange allegedly processed $4 billion in crypto linked to Iranian gambling websites and sanctions evasion. Here’s how the network allegedly worked.
UAE lists 5 categories of people barred from entering the country
The UAE outlines five categories of foreigners prohibited from entry, detailing judicial and administrative deportation procedures and conditions for re-entry.
Sharjah introduces smart traffic diversions for Al Taawun Tunnel, Etihad Rail projects
The Roads and Transport Authority in Sharjah (SRTA) has implemented a package of qualitative traffic diversions, which achieved noticeable fluidity of …
Ghost Exchange Shelbit moved $4B in Iran sanctions funds through Dubai
Iran crypto sanctions evasion took a new form with Shelbit, a Dubai ghost exchange operating above a budget hotel that processed $4 billion for IRGC-linked wallets, Iran’s central bank, and 2,000-plus …
How illicit Iranian gambling network helped pull off $4b sanctions dodge
A Dubai-based crypto exchange serves as a hub for moving illicit Iranian money. The exchange, Shelbit, links a vast gambling network fronted by two globetrotting influencers, bitcoin mining and Iran’s …
UAE financial sector proves resilient
The UAE’s financial sector has continued to demonstrate strength and stability despite a challenging regional environment, with banks and financial …
Bybit Adds Six xStock Assets as Collateral Across Margin Trading, Crypto Loans and Institutional Loans
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, now supports six xStock assets as collateral. The move extends collateral eligibility across three of Bybit’s core lending …
Under directives of UAE President, UAE Year of Award launches
ABU DHABI, 31st July, 2026 (WAM) — Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE Year Of Award has been launched as a national recognition platform …
Reporter’s notebook: In Dubai’s sun and sand, AI, server farms, and optimism bloom
On the ground, it’s clear that the city and emirate is working hard to position itself as a tech hub for the future.
Sharjah court convicts trio in illegal Mounjaro sales case
Three people have been convicted in Sharjah after authorities uncovered an unlicensed operation selling prescription-only Mounjaro injections through social media.The Sharjah Misdemeanours Court found …
Free beach workouts, family entertainment: 7 things to do in Sharjah this summer
More than 50 experiences will take place across the emirate as part of a summer programme aligned with the UAE’s Year of the Family 2026 …
UAE president’s Serbia visit highlights growing strategic partnership
UAE President’s Serbia Visit Highlights Growing Strategic Partnership …
Dubai Police returns 6,040 lost items to owners in five years, including jewellery worth millions
Dubai Police reunited owners with 6,040 lost items in five years, from million-dirham jewellery to sentimental keepsakes, using a unified platform, strict verification and a smart delivery service acr …
Dubai launches first fully electric community bus service
Residents, office workers, and visitors will soon have a new and easy way to move around Jumeirah Lakes Towers (JLT) and Uptown Dubai. From August 1, a fully electric community bus service will start …