It’s the first institutional investment in the crypto exchange and the investment was made in stablecoin, Binance said.
Binance nets biggest ever crypto investment as UAE-backed MGX puts in $2 billion
The investment came in the form of stablecoins and reflects the growing presence of crypto in the Middle East.
Iran says UAE presidential adviser delivers Trump letter to Tehran
A letter from U.S. President Donald Trump to Iran’s clerical establishment has been delivered by Anwar Gargash, diplomatic adviser to the president of the United Arab Emirates, Iran’s foreign ministry …
UAE: Jaywan expands reach with new co-badge cards after Mastercard, UnionPay deals
Residents in the UAE will have more co-badged Jaywan cards for making payments within the country and outside as Al Etihad Payments (AEP) signs deals with Mastercard and UnionPay. A subsidiary of the …
Abu Dhabi shuts down poultry farm for violating food safety law
Abu Dhabi Food Control Authority (ADFCA) has closed down Al Fairooz Poultry Farm in Al Ajban area of Abu Dhabi city, which holds the commercial licence …
Abu Dhabi’s MGX Hires From Apollo, Warburg Amid Trump’s AI Push
Abu Dhabi’s MGX, which is helping bankroll the $100 billion artificial intelligence venture touted by Donald Trump, is beefing up its US operations with hires from the likes of Apollo Global …
Iran says UAE’s Gargash will deliver Trump’s letter to Tehran
U.S. President Donald Trump’s letter to Iran’s clerical establishment will be delivered by Anwar Gargash, diplomatic advisor to the president of the United Arab Emirates, Iran’s foreign ministry …
The ‘dark side’ of Dubai hiding behind glitz and glamour of influencer hotspot
While Dubai has a lot of beauty – from impressive buildings to stunning beaches and large malls – there is dark side to the city which is often hidden.
Etihad ESCO completes Dubai’s first energy savings performance contract
Etihad Energy Services Company (Etihad ESCO), a wholly owned subsidiary of Dubai Electricity and Water Authority (DEWA), has announced the completion of Dubai’s first energy savings performance …
Will the Solar Eclipse Impact Eid Moon Sighting in the UAE?
Ramadan skies are setting up for a dazzling display, with a mix of lunar and solar eclipses adding to the excitement of the holy month. But with a partial solar eclipse occurring on March …
GEMS to power up 23 Dubai schools with massive solar installations
This particular initiative is expected to reduce 14,276 metric tonnes of carbon emissions per year, equivalent to taking 3,300 cars off the road …
GEMS Education pens largest solar power agreement in UAE education sector
Dubai, UAE – GEMS Education and decarbonisation pioneer Positive Zero have signed what amounts to the largest renewable energy deal in the UAE education sector to date. The record agreement covers the …
UAE’s new $65.4bn investment strategy a ‘significant milestone’: Minister
Mohamed Hassan Alsuwaidi, Minister of Investment, said that the UAE’s approval of the National Investment Strategy (NIS) 2031, under the leadership of Sheikh Mohammed bin Rashid Al Maktoum, Vice …
Dubai 2-year work visa: Indians to benefit from faster, simpler process
Dubai recently introduced updates to its two-year employment visa system, making the process faster and more efficient through AI-driven automation and digital streamlining. With the changes, UAE’s …
Abu Dhabi closes poultry farm for posing ‘significant risk to public health’
A poultry farm in Abu Dhabi has been closed down by authorities for posing a ‘significant risk to public health’ on Wednesday. Al Fairooz Poultry Farm, located in Al Ajban area has been …
How to stay safe while driving during Ramadan in Abu Dhabi
Avoid driving straight after having a heavy meal, as it could make you feel sleepy. Be extra patient and practice safe distance from the cars driving in front of you. Avoid sleeping in your car with …
UAE visa-free travel for Eid Al Fitr 2025
With Eid Al Fitr holidays coming soon, which countries can UAE residents visit without needing a visa before travelling?