Dubai Customs announced 1,273 drug seizures at border ports of the Emirate of Dubai (land, sea, air, and passenger operations). These included Tramadol tablets, Captagon, opium, heroin, cannabis seeds …
Sharjah Summer Promotions offer up to 75% discount, prizes worth Dhs3m
Sharjah Summer Promotions 2024 kicks off tomorrow (July 1, 2024) covering all cities and regions of the emirate. The shopping festival, which runs until Sept.1, 2024, is organised by the Sharjah …
Akasa Air to add 200 aircraft to its fleet over next eight years, to commence flights to Abu Dhabi on THIS date
As of now, Akasa Air has over 4,000 employees. Dube also said that the Akasa Air flies to Doha and Riyadh in the international segment and will be commencing services to Abu Dhabi from July 11.The …
UAE economy set for more growth in the second half of this year
He commended the UAE government’s proactive measures, such as stimulus packages, foreign investment incentives, and efforts to improve business ease, amid global economic challenges. In a statement to …
UAE cracks down on counterfeit: 620 violations recorded since the start of 2023
This initiative will foster a competitive climate for business establishment, enhance the flexibility of economic and commercial activities, and support the consolidation of the UAE’s position as a …
New move to attract Dh650b of foreign direct investments to Dubai by 2033
New Dubai Economic Model to measure Dubai’s development against its economic targets Abu Dhabi: A new Foreign Direct Investment Development Programme was approved to attract Dh650 billion of …
Gold prices in Dubai Today Sunday, June 30, 2024
ALBAWABA – Gold prices in Dubai, the United Arab Emirates (UAE … noting that gold in the UAE is subject to a 5% value-added tax (VAT).
Dubai: Drugs worth millions seized, smuggling attempt foiled using latest technology
To keep the country free from the scourge of illicit drugs, Dubai Customs announced 1,273 seizures at land, sea and air borders, using drones and other latest technologies that shorten inspection time …
DIFC Square breaks ground on near 1mln sq.ft. development to meet growing demand for high-quality office spaces
Dubai, UAE: Dubai International Financial Centre (DIFC), the … Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture …
TrueLayer: Fintech unicorn boss says ‘scale is everything’ as he takes on Visa and Mastercard
The chief executive of fintech unicorn TrueLayer has suggested bottom-line profitability … “The funding environment is way tighter than what it used to be, so clearly the ability of companies to …
Emirati chosen as first female Abu Dhabi Police officer to work at Interpol
Cybercrime analyst Captain Hagar was previously honoured as top officer in technical field Captain Hagar Rashid Al Naeemi will gain further expertise for three years with the International Criminal …
Air Arabia announces Sharjah to Athens flights to boost UAE Greece connectivity
The Sharjah Airport Authority (SAA) and Air Arabia announced the addition of the Greek capital, Athens, to the latest direct travel destinations for passengers through Sharjah Airport. The first of …
10 Best Fintech Stocks To Buy Now
Fintech services have become an integral part of our lives … The past few years inflation has clearly been a benefit. Aside from its inherent inflation protection, the business is a very strong one.
Visa and NymCard launch plug & play end-to-end issuance platform to help Fintech swiftly launch payment credentials as part of Visa’s Ready To Launch (VRTL) program
NymCard is the first BaaS player in the Middle East and Pakistan region to join Visa Ready to Launch program and transform payment credentials issuance capabilities for fintech through a first of …
Debunking Misperceptions About Dubai
A vendor at the Spice market in Old Dubai. (Source: Claudette Covey) An excellent way in which to better understand the local culture and customs is by visiting the Sheikh Mohammed bin Rashid Al …
“Is there a chandi ghotala?: Jairam Ramesh on “gigantic jump” in silver import from UAE
He quoted a business daily in his post, which reported that the government is concerned over a 647-times spike in the import of silver from the United Arab Emirates (UAE). The newspaper adds that the …
India Worried About Surging Silver Imports From UAE: Report
This increase in imports follows the Comprehensive Economic Partnership Agreement (CEPA) inked between India and the UAE which became effective in May 2022. The official data revealed that the overall …