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Posted on 28/04/2025

IHC, ADQ, FAB pioneer UAE Dirham-backed stablecoin for digital economy

IHC, ADQ, and First Abu Dhabi Bank (FAB) have announced plans to launch a new stablecoin backed by Dirhams, which will be fully regulated by the Central Bank of the United Arab Emirates (CBUAE) and …

Posted on 28/04/2025

Abu Dhabi doubles down on crypto as wealth fund, FAB, IHC join forces for new stablecoin

By Federico Maccioni DUBAI (Reuters) -Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC, and the UAE’s biggest lender by assets First Abu Dhabi Bank (FAB) are planning to launch a new stablecoin …

Posted on 28/04/2025

Over 1,000 Emiratis genetically tested before marriage as part of UAE’s mandatory program

The decision to mandate genetic testing was announced in December 2024 by the UAE’s Ministry of Health and Prevention (MoHAP).

Posted on 28/04/2025

Satellite images reveal destruction after Iran port explosion kills at least 46

Satellite images analyzed by The Associated Press have showed the devastation of an explosion that rocked one of Iran’s main ports as the death toll rose to 46 people with …

Posted on 28/04/2025

Du becomes the first operator in the region to partner with FreeMove Alliance to enhance global connectivity solutions

Du and FreeMove partnership aims to boost to facilitate seamless connectivity solutions for multinational customers across the UAE and the wider world …

Posted on 28/04/2025

FreeMove Alliance and du cooperate to better serve Multinationals in the United Arab Emirates

du’s multinational customers now have access to the alliance’s tier-one operators in Europe and the USA, as well as its wider global network. They will also benefit from FreeMove Alliance ’s …

Posted on 28/04/2025

Le collectif contre le lieu d’implantation du projet d’antennes 5G se mobilise

Depuis janvier, un collectif s’oppose au projet d’installation d’antennes 5G sur le site d’An Arvor, à Larmor-Plage.Dimanche 27 avril, une « ronde marinière » était organisée sur la plage de Toulhars, …

Posted on 28/04/2025

UAE Data Center Firm Plans Saudi Push After Silver Lake Deal

Khazna, a data center developer in the United Arab Emirates, is planning a major expansion in neighboring Saudi Arabia as the oil-rich nations compete to power the artificial intelligence boom.

Posted on 28/04/2025

Why Expo City Free Zone is Dubai’s Next Big Business Hub in 2025

Dubai’s recent move to diversify its economy came as a strategic decision. In the current economic scenario, this announcement holds tremendous importance. First, it went on to popularize Dubai’s …

Posted on 28/04/2025

Business events and festivals set the stage for socio-economic growth, according to experts at Arabian Travel Market

According to Rasbey, events have been key to Ras Al Khaimah’s rising prominence: “Meetings, Incentives, Conventions and Exhibitions (MICE) is an important segment and has contributed significantly to …

Posted on 28/04/2025

CBA Real Estate closes Dhs 622 million in Dubai luxury sales — Dhs 187 million at Emaar Beachfront alone

Dubai’s luxury property market continues its remarkable upward trajectory, with CBA Real Estate, led by Salman Bin Ali, facilitating approximately Dhs …

Posted on 28/04/2025

Sharjah Chamber discusses enhancing economic, investment cooperation with Kuwait

The Sharjah Chamber of Commerce and Industry (SCCI) engaged in discussions with a high-level diplomatic delegation from the State of Kuwait, exploring avenues for enhancing economic and trade …

Posted on 28/04/2025

Abu Dhabi sovereign wealth fund teams up with FAB, IHC to launch new stablecoin

Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC, and the United Arab Emirates’s biggest lender by assets First Abu Dhabi Bank (FAB) are planning to launch a new stablecoin backed by dirhams, …

Posted on 28/04/2025

Lawyers file legal complaint over the detention of an Egyptian poet and activist in the UAE

Lawyers for an Egyptian poet and activist who has been allegedly detained and held in solitary confinement without charge in the United Arab Emirates for over 100 days have filed a legal challenge in …

Posted on 28/04/2025

Wife of British man detained in Dubai calls on PM to act to secure his release

Heather Cornelius delivered a letter to 10 Downing Street on Monday, the day after her husband Ryan Cornelius’s 71st birthday.

Posted on 28/04/2025

Ministry of Finance organises 2nd edition of Financial Media Forum on 1 May

Dubai, UAE, The Ministry of Finance is all set to host the second edition of the “Financial Media Forum” on 1 May under the theme “Shaping the Future of Financial sector: The Balance Between Influence …

Posted on 28/04/2025

Kempinski Hotel Mall of the Emirates Dubai: The Epitome of Luxury and Convenience

Situated in the heart of Dubai, the Kempinski Hotel Mall of the Emirates stands as a beacon of elegance and luxury, redefining the concept of a mall hotel with its unparalleled blend of hospitality, …

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