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Tag: fintech

Posted on 02/05/2024

Dubai rains: Flights disrupted, schools closed as heavy downpour and thunderstorms soak emirate — 7 key points

Several flights were cancelled, intercity bus services suspended and schools remained closed in Dubai owing to adverse weather conditions in the United Arab Emirates (UAE).According to Khaleej Times, …

Posted on 02/05/2024

Seoul Mayor to visit UAE to discuss fintech, transportation

According to the Seoul Metropolitan Government on Thursday, Oh will leave for Dubai on Sunday to deliver a keynote speech at the Dubai FinTech Summit, introducing his city as a global economic and …

Posted on 02/05/2024

Revealed: Dubai’s most expensive universities

Dubai is host to 38 universities from different countries, including the UK, US, France, and the UAE, according to the Knowledge and Human Development Authority (KHDA). Each university boats an array …

Posted on 02/05/2024

Arada creates Hospitality and Entertainment division as non-residential business continues to grow

The new division is headed up by Amit Arora, Arada’s new Chief Operating Officer, who has recently joined the company from Erth Abu Dhabi. A hospitality veteran with 28 years of experience in the UAE, …

Posted on 02/05/2024

Dubai goes WFH for two days as heavy rains lash UAE; several flights cancelled; many roads closed

Dubai and parts of UAE faced heavy rain, prompting remote work on May 2nd and 3rd, 2024. Private sector advised to follow. Dubai Airport and Emirates Airlines warned of flight delays and road …

Posted on 02/05/2024

Abu Dhabi’s transformation: From desert sands to global energy leadership

Oil discovery in mid-20th century sparked Abu Dhabi’s rise as a global oil player, now embracing sustainability. Abu Dhabi’s transformation: From desert sands to global energy leadership. ANALYSIS, …

Posted on 02/05/2024

Sharjah’s Mleiha National Park protecting 200,000-year history to be ready by third quarter of 2024

Sharjah: As plans for the development of the Mleiha desert into a grand national park firm up, authorities in Sharjah have revealed how it will be a sustainability-focused reserve dedicated to …

Posted on 02/05/2024

Bank of Sharjah makes strong rebound in Q1 2024 with a net profit of AED 80mln

The Bank’s robust metrics are the result of strict adherence to a focused approach to funding, lending, and operational effectiveness …

Posted on 02/05/2024

UAE-India CEPA marks two years of high bilateral trade growth, collaboration

Dr. Abdulnasser Alshaali, Ambassador of the UAE to India, said over the past two years, the two countries have witnessed remarkable growth in bilateral trade …

Posted on 02/05/2024

Dubai vs London: How much real estate can you buy with $1m?

Here is a comparison of the type of properties you can buy in Dubai and London for $1m, there are varying offerings depending upon several factors including area, developers, amenities and more …

Posted on 02/05/2024

Dubai Aerospace Enterprise revenue grows by 9% to $343.6 million in Q1, 2024

Ltd announced a 9% increase in its total revenue to $343.6 million during the first quarter of the current year compared to the same period of 2023.The financial results for the three months ended on …

Posted on 02/05/2024

US sanctions Chinese, UAE firms for aiding Moscow’s war; US bans import of Russian enriched uranium

The US on Wednesday announced sanctions on nearly 300 companies and individuals, including in China and the United Arab Emirates, for alleged support of Russia’s invasion of Ukraine.

Posted on 02/05/2024

Ukraine Business Roundup — No more border blockades, for now

Polish farmers finally ended their protests at the Hrebenne-Rava-Ruska border crossing on April 29, effectively lifting a blockade that had gone on for months, damaged Polish-Ukrainian relations, and …

Posted on 02/05/2024

Australia grants feasibility licences for offshore wind farms

Australia on Wednesday gave the go-ahead for six projects to study the feasibility of building wind farms in waters off its southern coast as it looks to ramp up renewable energy to meet its net zero …

Posted on 02/05/2024

UAE: Ports, customs, and free zone corporation implements precautionary measures to tackle potential impact of weather conditions

In light of the expected weather conditions in Dubai, the Ports, Customs, and Free Zone Corporation (PCFC) announced it has temporarily suspended accepting requests for the entry and departure of …

Posted on 02/05/2024

Fils partners with TPS to drive sustainability and climate action in Pakistan’s digital banking sector

Fils’s impressive roster of top-tier partners includes notable names such as Mashreq Bank, Telr, Geidea, Aion and e& Enterprise … Fils is a groundbreaking fintech enterprise dedicated to embedding …

Posted on 01/05/2024

Dubai: Entry, departure of wooden dhows temporarily suspended due to unstable weather

In light of the unstable weather conditions in Dubai, the Ports, Customs, and Free Zone Corporation (PCFC) on Wednesday announced that it has temporarily s..

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