The Central Bank of the UAE (CBUAE) has said that despite the continuing global uncertainty and tight monetary stances worldwide, the UAE real estate sector continued its good performance in the …
A UAE-Based Businessman Just Snagged Three Lavish Apartments in London for $38.5 Million
II-listed building in Mayfair that originally served as the headquarters for the world-renowned piano manufacturer Bechstein.
UAE Authority Updates Anti-Money Laundering Measures to Implement FATF’s Travel Rule
FSRA, a financial regulatory body in the UAE, has released an updated version of its Anti-Money Laundering (AML) and sanctions rules …
UAE Central Bank raises its growth projections for national economy in 2024 to 5.7%
The report anticipates a non-oil GDP growth of 5.9 per cent in 2023 and 4.7 per cent in the following year, while estimating the oil GDP growth at 8.1 per cent in 2024.
Dubai to host Global Blockchain Show: A nexus of innovation & technology
Global Blockchain Show Dubai will bring together prominent players of the Blockchain industry, with decision-makers & investors from worldwide. So, stay tuned!
The Race to Fill Crypto’s FTX-Shaped Hole
When crypto exchange FTX collapsed, it left behind a hole in the market. From Backpack to OPNX, faces new and old are vying to fill it.
Abu Dhabi announces video conference weddings and marriage contracts by text message
Happy couples in Abu Dhabi can now get married via video call and then have their marriage certificate sent to them instantly using a text message service. The Abu Dhabi Judicial Department (ADJD) …
CIS-based AML expert ‘Uppercase Legal Advisory’ opens office in UAE
Uppercase, a leading international legal advisory, announced the official launch of ‘Uppercase Legal Advisory’ in Dubai. The firm specialises in providing expertise in key areas such as compliance in …
From Dh3,000 to over Dh100,000: UAE residents shell out for dental, optical insurance coverage
Buyer’s medical history, extent of coverage desired, choice of healthcare providers are taken into consideration when the policy is issued …
UAE suspends 153 employers over domestic worker violations
The UAE has suspended the licences of 153 employers, imposing fines on them after their registered domestic workers were caught working for others.
UAE regulator revises sanctions, AML policy to enact FATF’s Travel Rule
UAE’s Financial Services Regulatory Authority added FATF’s Travel Rule compliance to its AML Rulebook as part of new revisions.
Dubai: From hidden drugs in oxygen cylinders to coffee making-machines, Customs thwarts smuggling tactics
Dubai Customs’ commitment to advanced training and cutting-edge technology has paid off, leading to proactive detection of sophisticated smuggling tactics in 2022 and 2023. This proactive approach …
AED2.6bn value of real estate transactions in Sharjah during November
The volume of real estate transactions across the emirate of Sharjah has reached AED2.6 billion during November 2023, according to the monthly real estate transactions report issued by Sharjah Real …
PureHealth shares settled a staggering 76% above listing price in Abu Dhabi trading debut
Shares of PureHealth Holding PJSC (”PureHealth” or the “Company”), the largest healthcare platform in the Middle East, rose as much as 84% above the Company’s listing price as it made its debut on …
UAE based Haltia.AI achieves what many said couldn’t be done: Successfully quantizes LLM for smartphone use
Dubai, UAE – in a groundbreaking achievement within the Middle East, Haltia.AI, a trailblazing startup based in the UAE, has achieved a significant milestone in the deployment of artificial …
UAE announces 3-day weekend holiday for public and private sector
The UAE has announced a public holiday for public and private sector workers in the country. The Ministry of Human Resources and Emiratisation (MoHRE) has announced that Monday, January 1, 2024, will …
More UAE flights expected as Etihad signs partnership with China Eastern Airlines
The two carriers plan to implement an array of initiatives, including reciprocal loyalty programmes, ground handling and catering collaboration, and expanded …