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 …
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 …
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).
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 …
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 …
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 …
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, …
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.
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 …
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 …
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 …
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 …
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, …
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 …
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.
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 …
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, …