A Dubai-based crypto exchange allegedly processed $4 billion in crypto linked to Iranian gambling websites and sanctions evasion. Here’s how the network allegedly worked.
UAE lists 5 categories of people barred from entering the country
The UAE outlines five categories of foreigners prohibited from entry, detailing judicial and administrative deportation procedures and conditions for re-entry.
Sharjah introduces smart traffic diversions for Al Taawun Tunnel, Etihad Rail projects
The Roads and Transport Authority in Sharjah (SRTA) has implemented a package of qualitative traffic diversions, which achieved noticeable fluidity of …
Ghost Exchange Shelbit moved $4B in Iran sanctions funds through Dubai
Iran crypto sanctions evasion took a new form with Shelbit, a Dubai ghost exchange operating above a budget hotel that processed $4 billion for IRGC-linked wallets, Iran’s central bank, and 2,000-plus …
UAE financial sector proves resilient
The UAE’s financial sector has continued to demonstrate strength and stability despite a challenging regional environment, with banks and financial …
Bybit Adds Six xStock Assets as Collateral Across Margin Trading, Crypto Loans and Institutional Loans
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, now supports six xStock assets as collateral. The move extends collateral eligibility across three of Bybit’s core lending …
Under directives of UAE President, UAE Year of Award launches
ABU DHABI, 31st July, 2026 (WAM) — Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE Year Of Award has been launched as a national recognition platform …
Reporter’s notebook: In Dubai’s sun and sand, AI, server farms, and optimism bloom
On the ground, it’s clear that the city and emirate is working hard to position itself as a tech hub for the future.
Sharjah court convicts trio in illegal Mounjaro sales case
Three people have been convicted in Sharjah after authorities uncovered an unlicensed operation selling prescription-only Mounjaro injections through social media.The Sharjah Misdemeanours Court found …
Free beach workouts, family entertainment: 7 things to do in Sharjah this summer
More than 50 experiences will take place across the emirate as part of a summer programme aligned with the UAE’s Year of the Family 2026 …
UAE president’s Serbia visit highlights growing strategic partnership
UAE President’s Serbia Visit Highlights Growing Strategic Partnership …
Dubai Police returns 6,040 lost items to owners in five years, including jewellery worth millions
Dubai Police reunited owners with 6,040 lost items in five years, from million-dirham jewellery to sentimental keepsakes, using a unified platform, strict verification and a smart delivery service acr …
Dubai launches first fully electric community bus service
Residents, office workers, and visitors will soon have a new and easy way to move around Jumeirah Lakes Towers (JLT) and Uptown Dubai. From August 1, a fully electric community bus service will start …
Emirates Adds Crypto Pay — Crypto In, Dirhams Out
Emirates has launched Crypto.com Pay for eligible UAE residents booking flights in AED, with payments approved through the Crypto.com app at checkout.
UAE announces fuel prices for August 2026
The UAE Fuel Price Committee has approved prices for different categories of fuel for the month of August 2026. The approved prices for August 2026 a …
UAE Central Bank grants first crypto payment licence to Crypto.com
The UAE has taken another major step toward becoming a global digital finance hub after Crypto.com became the first cryptocurrency platform to receive a Stored Value Facilities (SVF) licence from the …
I moved to Dubai with my family – I pay no income tax but my expenses are £9,300 a month
Byron Cole, 42, moved to the UAE to provide a better life for his family. Although he doesn’t pay personal tax, he says his expenses are higher than in the UK …