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Tag: fintech

Posted on 27/03/2024

UAE’s ADNOC starts production from Belbazem offshore block

UAE’s national oil giant ADNOC has started crude oil production from its Belbazem offshore block. The Belbazem offshore block, a joint venture between ADNOC and China National Petroleum Corporation …

Posted on 27/03/2024

Louvre Abu Dhabi records 1.2 million visitors in 2023

Key international visitors were mostly recorded from countries including Russia, India, France, UK, US, China, Germany, Italy, Kazakhstan and UK …

Posted on 27/03/2024

Marubeni team wins Abu Dhabi waste-to-energy contract

A team of Japan’s Marubeni Corporation Switzerland’s Hitachi Zosen Inova and Japan Overseas Infrastructure Investment Corporation won the contract.

Posted on 27/03/2024

Light rains in UAE: Some residents spend over Dh100 in 3 days to keep cars clean

Many residents in Dubai and Sharjah are dealing with unexpected expenses after an irregular drizzle recorded in the last few days dirties their cars. The c..

Posted on 27/03/2024

How US tax affects investors in the UAE – Rapper vs Wrapper

If you have any exposure to the US, directly or otherwise, you are likely to have tax liabilities that you may be unaware of …

Posted on 27/03/2024

Former Endeavour Mining CEO diverted $20.9m to UAE

THE former CEO of Endeavour Mining Sébastien de Montessus diverted $20.9m from the company to an unknown entity in the United Arab Emirates (UAE) between 2020 and 2021, the West African gold miner …

Posted on 27/03/2024

UAE: Come for Mappila songs, 101 snack varieties at this Ramadan food festival

During Ramadan, as night falls, Karama’s Sheikh Hamdan Colony wears an air of festivity. Bright lights decorate the area as strains of Mappila songs ring t..

Posted on 27/03/2024

Russia faces challenges exporting oil as banks in China, UAE and Türkiye boost sanctions compliance requirements – Reuters

Russian oil companies have been facing delays in payment for oil and fuel for several months as banks in China, Türkiye and the United Arab Emirates (UAE) have become more cautious due to secondary …

Posted on 27/03/2024

Boon for Dubai’s booming Airbnb business as listings double

Dubai has registered a remarkable increase in Airbnb listings over the last three years, which have doubled in number as the growing global trend starts to take hold in the emirate.At present, there …

Posted on 27/03/2024

Dubai real estate: Are non-branded residences better than branded counterparts? Experts weigh in

As residential offerings in the dynamic real estate industry continues to expand, residents and investors are presented with an array to choose from …

Posted on 27/03/2024

Businesses from the Middle East and Eurasia account for 32% of SMEs attracted by Dubai International Chamber during 2023

His Excellency stated that Dubai’s competitiveness stems from the wise and forward-thinking vision of its leadership, the emirate’s business-friendly environment, and the ongoing development of …

Posted on 27/03/2024

Andrew Schulz and Chris Tucker added to Abu Dhabi Comedy Week line-up

Chris Tucker and Andrew Schulz are coming to Abu Dhabi. The American comedians will perform at Etihad Arena as part of the inaugural Abu Dhabi Comedy Week. Schulz will perform on May 22, while Tucker …

Posted on 27/03/2024

Iftar time Abu Dhabi: What time is iftar on March 27 for Ramadan?

Today, on Wednesday March 27, Muslims in Abu Dhabi began the fast at 5.2am and will end the fast at 6.39pm. That’s exactly 13 hours and 37 minutes of fasting. Throughout Ramadan, Muslims in Abu Dhabi …

Posted on 27/03/2024

GBM, Cisco and Nutanix shed light on the future of AI-powered networking at prestigious Abu Dhabi event

Abu Dhabi, UAE – In a significant step forward for Artificial Intelligence (AI) in networking, Gulf Business Machines (GBM), in collaboration with Cisco and Nutanix, successfully hosted a …

Posted on 27/03/2024

Sharjah mosques beacons for Quranic learning during Ramadan

The Sharjah Department of Islamic Affairs has announced that 700 Quran memorisation sessions are being held in mosques across the emirate during the holy month, attracting 29,000 learners from diverse …

Posted on 27/03/2024

UAE startups: Global investors, VCs redirect funding to tech, renewable energy, tourism ventures

The UAE is witnessing technology platforms-driven transformation in the investment sector, with intermediary ventures such as Incomlend linking smaller businesses to major international investors and …

Posted on 27/03/2024

Dubai Holding pioneers strategic merger of Meydan, Nakheel, and Meraas

Now, with strategic initiatives like the merger, Dubai aims to further enhance its global standing and attract heavyweight funds …

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