Dubai has announced that San Francisco-based blockchain solution provider for global payments, Ripple has established its regional headquarters in DIFC.
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UAE decriminalises alcohol and lifts ban on unmarried couples living together
The United Arab Emirates has ended lenient punishments for so-called “honour” killings, lifted a ban on unmarried couples living together and decriminalised alcohol, in reforms to personal laws.
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UAE yet again reaffirms its belief in tolerance, harmony and peaceful co-existence
On 7th November, the UAE announced important changes in its criminal and civil codes, including significant alterations in the inheritance laws. UAE, already one of the most liberal, tolerant and open …
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The UAE Hyperloop just took another step closer to becoming a reality
Dubai-based provider of smart logistics solutions, DP World, has invested millions of dollars into the research and development of hyperloop technology. “I had the true pleasure of seeing history made …
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Top Abu Dhabi Islamic Bank Is Undeterred by Damage From Pandemic
The biggest Islamic bank in Abu Dhabi is striking an upbeat tone despite emerging from the global pandemic with one of the highest shares of bad loans among its peers.
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West Asia Wrap: Al Hilal, Al Shabab lead in Saudi Arabia, Sharjah stay perfect in UAE
Al Hilal SFC’s defence of the Saudi Pro League title is proceeding smoothly with the 2019 AFC Champions League winners sharing top spot with Al Shabab.
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Rents: Get 1-bedroom home in Sharjah for as low as Dh12,000
Rents in Sharjah fell four per cent in third quarter 2020 and there was a marginal or no change for units in the lower range of the rental bracket. Property consultancy firm Asteco said an increase in …
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Dubai Business Conditions Sour, Reversing Third-Quarter Gains
Business conditions in Dubai dropped to the lowest levels since May amid a spike in coronavirus cases that threatens the city’s economic recovery.
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Lost and found in Dubai taxis: Dh619,000 cash 7,386 phones 453 passports
Dh619,000 in cash, 7,836 mobile phones, 453 passports, 1,201 electronic devices and 254 laptops: These were among over 31,000 items reported lost in taxis in Dubai this year.
The Roads and …
Ask The Expert: Natalia Sycheva, Manager – Entrepreneurship, Dubai Chamber
Entrepreneurship, Dubai Chamber of Commerce and Industry, responds to various queries such as cost management, pitching, and more.
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Dubai’s Empower awards Zabeel cooling plant contract
UAE-based Emirates Central Cooling Systems Corporation ( Empower) said it has awarded a contract worth Dh164 million ($45 million) for the construction of its new district cooling plant in Zabeel, one …
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COVID-19 sparks e-commerce boom in UAE
The UAE e-commerce sector is expected to capture a bigger share of the card payment transaction values in 2020 than was predicted before the pandemic — up from 19.7 per cent to 21.9 per cent. Going …
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Ripple opens regional office in Dubai following volatile Q3 for XRP
XRP’s volatility saw new yearly highs over Q3 as Ripple announced it would be opening a regional headquarters in one of Dubai’s free-trade zones.
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Abu Dhabi Wealth Fund Culls Japan Team, Seeking New Growth Focus
The Abu Dhabi Investment Authority has reconfigured the way it invests in Japanese stocks, part of a wider shift by the world’s third-largest sovereign wealth fund to focus on areas with more growth …
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UAE, Bahrain Brace for a Chillier Biden Approach
U.S. President-elect Joe Biden will inherit his predecessor’s signature foreign-policy achievement: the historic Abraham Accords that normalized Israel’s relations with the United Arab Emirates and …
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First flight to UAE with Israeli tourists lands in Dubai
The first passenger flight carrying Israeli tourists to the United Arab Emirates (UAE) landed Sunday in Dubai, a historical moment that looked to herald a new level of economic cooperation in the …
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Middle East’s Spotlight on Green Finance
Regional appetite for green financial support is growing – loud and clear, says Badar Chaudhry, Senior Vice President, Sector Head – Energy, Mashreq Bank …
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