The database provides in-depth analysis of 35 existing and 24 upcoming data centers across Dubai, Abu Dhabi, Sharjah, Al Ain, and Fujairah. With 500 MW of upcoming capacity and $1.5 billion in new …
UAE: Make the most of this year’s bonus with these tips and tricks
It’s tempting to spend all your annual bonus on a dream vacation, some expensive jewellery, or even a new car. According to Zurich Life International, 75 per cent of UAE residents expect …
XRP price poised for 46% gains after Ripple secures first Dubai license
XRP’s price is eyeing a breakout from a classic chart pattern in the near future after Ripple acquired its first-ever license in the Middle East. XRP price chart hints at possible 46% gains XRP (XRP) …
Dubai Investments posts 21% rise in 2024 profit, eyes growth opportunities
Dubai Investments will launch mixed-use real estate projects in the UAE whilst remaining focused on the timely execution of projects in hand.
Dubai Islamic Bank Shareholders approve 45% dividend for 2024
Record-breaking pre-tax profit of over AED 9.0 billion underscores strong shareholder returns reinforcing DIB’s global leadership in Islamic finance …
XRP Spikes 4% As Ripple Gains Approval To Offer Crypto Payments In Dubai
Ripple (CRYPTO: XRP) on Thursday announced it has secured authorization from the Dubai Financial Services Authority (DFSA) to deliver regulated cryptocurrency payment services within the Dubai …
Ripple secures DFSA license to expand crypto payments in UAE’s $400 billion trade market
Ripple gains DFSA licence to expand crypto payments in the UAE, securing over 60 global approvals & attracting institutional interest in XRP.
UAE Corporate Tax: FTA extends grace period for tax record updates until March 2025
Registrants must notify the FTA of any changes to their data within 20 business days using the approved form and mechanism in the UAE …
Ripple taps into $40B UAE payments market with DFSA approval
Ripple secures DFSA license, entering the $40B UAE payments market to offer blockchain-enabled crypto services in the DIFC.
RemotePass and Wafeq partner to automate payroll, accounting for the UAE and KSA businesses
RemotePass, a UAE-based global payroll platform, has partnered with Wafeq, a leading UAE-based accounting software provider, to fully automate payroll accounting for businesses in the UAE and KSA.
Ripple to target corporates as it secures Dubai approval for blockchain payment services
Cryptocurrency and blockchain solutions company Ripple aims to serve major companies in the UAE after Dubai granted it the first licence to provide regulated crypto payments and services in the …
UAE company invests $2B in Binance in the largest investment into a crypto venture ever
An Abu Dhabi-based investment company has invested $2 billion in the Binance crypto exchange. It is the single-largest investment into a crypto venture ever.
UAE banks, realty resilient as Russia-Ukraine ceasefire looms
The UAE banking sector will remain resilient amid potential Russia-Ukraine ceasefire and a subsequent likely softening of the country’s residential real estate market, say analysts at S&P Global …
UAE: Jaywan expands reach with new co-badge cards after Mastercard, UnionPay deals
Residents in the UAE will have more co-badged Jaywan cards for making payments within the country and outside as Al Etihad Payments (AEP) signs deals with Mastercard and UnionPay. A subsidiary of the …
Dubai 2-year work visa: Indians to benefit from faster, simpler process
Dubai recently introduced updates to its two-year employment visa system, making the process faster and more efficient through AI-driven automation and digital streamlining. With the changes, UAE’s …
Dubai’s robotics firm Micropolis raises $15.5mln in New York IPO
Dubai-based robotics manufacturer Micropolis Holding has raised $15.5 million in proceeds from its initial public offering (IPO) on the New York Stock Exchange (NYSE) American. The company, which …
BlackRock-backed Positive Zero is considering an IPO, says chief
Positive Zero, a Dubai-based decarbonisation company backed by US private equity firm BlackRock, is building the scale of its business as it considers an initial public offering (IPO) and plans to …