The U.S. has granted permission for G42, a datacenter AI company from the UAE, to procure advanced Nvidia AI processors, such as the H100 and H200, Semafor reports. This approval is a significant step …
Dubai Customs bust marijuana smuggling operation, seizes 54kg of banned substance
Dubai Customs uncovered a sophisticated marijuana smuggling technique and foiled the racket that was operational for some time, the authority announced on Sunday.The banned substance was found …
Dubai foils 13 sophisticated marijuana smuggling attempts, arrests suspects
The marijuana was found packed in compressed, vacuum-sealed plastic bags to mask the odor and consolidate the substance, enabling the transport of large quantities in compact spaces.
India: Passenger from Dubai caught smuggling cocaine worth Dh10.9 million
Customs officials at Delhi’s international airport have arrested a passenger for trying to smuggle 1660 grams of cocaine worth Rs 24.90 crore (Dh10.9 milli..
Over 10 000 people attend grand Onam celebration in Sharjah
Over 10,000 people on Sunday attended a grand Onam celebration in Sharjah in the United Arab Emirates (UAE), with traditional fervour, cultural performances and delicious cuisine. The Malayali …
Expats Paying $33,000 School Fees Fuel Rise of Dubai Billionaire
But a boom in the emirate’s financial sector has meant Dubai is home to a growing population of hedge fund traders and bankers willing to fork out premium prices. Private schools are big business …
News Obituaries
August 15, 2024 (Houston Style Magazine) — The world lost a legendary entrepreneur and a true original in Wallace “Wally” Amos, who passed away at the age of 88. Known for creating the …
Majority of Fintech Partner Banks Report Losses Over Compliance
In the age of digital banking, an increasing number of financial-technology companies are partnering with small and midsize “sponsor banks,” to provide services — but not without a cost.
Biden Administration Again Expands Sanctions on Russia and Its Third Party Supporters
Accordingly, Annex 4 includes specific measures aimed at leading Russian financial technology (“fintech”) companies involved in online and digital payment systems, credit and other such applications.
Wally Amos launched and lost a cookie empire. His family reveals the trailblazer’s baking secrets
On March 10, 1975, when Wally Amos opened Famous Amos, a shop dedicated solely to selling cookies at the corner of Hollywood’s Sunset Boulevard and Formosa Avenue, it was an improbable idea in …
DTI-Laguna teaches business owners on capital development
THE Laguna Provincial Office of the Department of Trade and Industry (DTI) announced that it has conducted a blended learning activity featuring the third module of the DTI “Sari-Sari Store …
Abu Dhabi closes restaurant after insects, other violations found
Chabra Restaurant in Mussafah posed threat to public threat, ADAFSA says The restaurant can reopen if it rectifies its situation and eliminates the causes of the violations, ADAFSA said Image Credit: …
Dubai, Abu Dhabi among top 5 global improvers in real estate transparency index
Dubai and Abu Dhabi have been ranked among the top five cities globally that have made the most improvements in real estate transparency, according to the latest Global Real Estate Transparency Index …
UAE MoE grants Sharjah Education Academy academic accreditation for its latest diploma and master’s degree programs
Including the “Postgraduate Diploma in Educational Leadership” and the “Master of Education in Educational Leadership” programs …
Dubai Customs foils 13 attempts to smuggle 54kg marijuana concealed in food product boxes
The smuggling technique, employed by travelers from the same Asian country in several instances, was meticulously unraveled by customs inspectors. The marijuana was found packed in compressed, …
Dubai: Drone that can carry 50kg promises faster deliveries, to ease traffic woes
The heavy cargo drone named “RIKAZ” is set to be launched by EANAN, a Dubai-based company specialising in advanced air mobility (AAM). With advanced navigation systems, real-time route adjustments, …
GSBN and banks launch eBL tokenisation pilot in Hong Kong
HSBC and Hang Seng Bank have partnered with two technology providers in Hong Kong to test how tokenised electronic bills of lading (eBLs) can accelerate trade finance payments and boost SME funding.