The National Centre of Meteorology (NCM) issued a yellow alert on Saturday, August 10, for rough sea and fresh winds reaching up to 40kmph, blowing in a northeasterly direction. The weather department …
Renty’s Yevhen Parokhod on running a successful business in the UAE
Yevhen Parokhod, the founder of Renty.ae, shares insights on starting a car rental business in the UAE and discusses challenges and opportunities …
Signal messenger blocked in Russia, says Roskomnadzor -Ifax
Russia’s state communications watchdog Roskomnadzor said that Signal, an encrypted messaging app, had been blocked in the country for violating laws linked to anti-terrorist operations, Interfax news …
85 of the most promising startups of 2024, according to top VCs
Leading VCs name the most promising US startups in 2024, with AI, data infrastructure, and security dominating the list of emerging companies.
Fed’s Operation Choke Point 2.0 Continues With Action Against Customers Bank
Custodia Bank founder Caitlin Long dismissed the White House meeting with crypto leaders as ineffective and criticized Operation Choke Point.
Abu Dhabi Invests In Art In $1 Billion Deal With Sotheby’s
Abu Dhabi’s latest bet? Blue-chip art.ADQ, an Abu Dhabi sovereign-wealth fund, said Friday it had agreed to a roughly $1 billion investment deal with Sotheby’s to become the New York auction house’s …
Abu Dhabi’s ADQ, Sotheby’s majority owner Drahi to invest $1 billion in auction house
DUBAI (Reuters) -Abu Dhabi wealth fund ADQ and Sotheby’s majority owner Patrick Drahi will invest $1 billion in the auction house in a deal that will see ADQ acquire a minority stake in the company, …
Abu Dhabi Will Acquire a Minority Stake in Sotheby’s Auction House
ADQ, Abu Dhabi’s sovereign wealth fund, has signed a definitive agreement to acquire a minority interest in Sotheby’s, the auction house announced. Its owner, the telecom billionaire Patrick Drahi, …
‘More vacations, time with kids’: How 3-day weekend changed life for employees in Sharjah
Working in the Sharjah Government for four days has improved the quality of my work, and gave me more time to spend with my children. I have become more organised in taking vac …
UAE’s In-Country Value programme redirects $13bn to national economy in first half of 2024
The UAE Ministry of Industry and Advanced Technology’s national In-Country Value (ICV) programme, which seeks to support domestic industrial growth, redirected more than Dh48 billion ($13.1 billion) …
Crypto Industry Leaders Hammer Unfair Treatment Under Biden as Democrats Attempt to Repair Relationship: Report
The Democrat party’s initial outreach to repair its broken relationship with the crypto industry has not gone very well, according to a report. Fox News says …
An exclusive Michelin star event is coming to Abu Dhabi for one weekend only
On September 6 and 7, the French dining temple, Bord Eau, will host an exclusive Four Hands Dinner featuring none other than Michelin-starred maestros Nicolas Isnard and Ludovic Turac. Yes, you read …
Ex-dividend, poor earnings weigh on Dubai; Abu Dhabi slightly higher
Dubai’s stock market closed flat on Friday for a second straight day, while rising oil prices and global recovery pushed Abu Dhabi’s benchmark index higher.
Dubai Customs completes radiation safety assessment of container scanning devices in record time
The aim was to ensure the health and safety of the department’s employees, particularly those working in customs inspection …
Saudi Banks Team up with Beehive to Create New Lending Platform
The Kingdom’s Social Development Bank and Gulf International Bank (GIB) have teamed up with fintech company Beehive to offer firms funding between SR100,000 ($27,000) and SR3 million.
UAE temporarily suspends 32 gold refineries for AML/CTF lapses
The UAE ministry of finance said its inspections of the refineries uncovered 256 violations, eight for each refinery.
Dubai PCFC records robust financial performance, growth for 2023
Dubai Ports, Customs, and Free Zone Corporation (PCFC) has announced strong financial results for the fiscal year 2023, reporting total revenues of A …