The Middle East has been vocal in its embrace of cryptocurrencies and blockchain. Continuing in the trend, financial regulators in Dubai are now looking into […] …
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UAE: 50% off govt fees for some Sharjah projects
Projects supported by the Sharjah Entrepreneurship Foundation (Ruwad) will be exempted from half of government agency fees for two more years, it was announced on Tuesday. The reprieve will support …
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Covid vaccine: UAE tops world in daily dose distribution
The UAE ranks first in the world in the distribution of daily doses of the Covid-19 vaccine. In the past seven days, the UAE’s daily dose rate is 1.16 per 100 people. Overall, the UAE’s dose …
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Dubai fines 7 outlets for breaking Covid safety rules
The Dubai Economy has fined seven establishments and warned 12 others for not adhering to the precautionary measures to limit the spread of Covid-19. The authority did not issue any closure order on …
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Dubai: Covid-19 PCR tests won’t be available at these centres
PCR tests won’t be available at some centres in Dubai. Effective today, January 19, the centres that won’t offer the service include:> The Dubai Mall> Al Nakheel Mall> Mirdif City Centre> Al Hamriya …
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Dubai’s Financial Watchdog Plans to Regulate Cryptocurrency
DFSA, which oversees businesses operating from tax-free Dubai International Financial Centre (DIFC), revealed its plans to brings cryptocurrency regulatory frameworks in a business plan brochure for …
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Mideast Stocks: Telecom stocks power UAE gains; Saudi declines
Meanwhile, Saudi Arabia’s benchmark index ended 0.3% lower. Saudi Telecom was the worst performer in the benchmark, falling 2.6%, while index heavyweight Al Rajhi Bank declined 0.4%. The Saudi …
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Covid-19 UAE: Low-income workers to get better health insurance
In a survey, one challenge that the UAE frontline heroes identified was their overall health and wellbeing during the pandemic.
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93,846 doses of COVID-19 vaccine administered in UAE during the past 24 hours
The Ministry of Health and Prevention has announced that 93,846 doses of the COVID-19 vaccine were given in the past 24 hours. The total number of doses provided up to today stands at 2,065,367 with a …
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Qatar Airways CEO hopes to resume UAE, Bahrain flights ‘soon’
Akbar Al Baker blames the lack of coordination across the travel and tourism industry for the challenges airlines are currently facing …
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Ajman University becomes first UAE entity to receive Microsoft AI for Health Research Grant
Ajman University has become the first UAE entity to receive the Microsoft AI for Health Research Grant that’s worth over one million dirhams. The establishment has been exclusively selected as of one …
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UAE looks set for V-shaped economic recovery
FAB’s Global Investment Outlook report forecasts a good return to growth as economies emerge from Covid-19, but with a period of stabilisation …
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Dubai financial regulator working on regulations for cryptocurrencies
The Dubai Financial Services Authority, the financial regulatory agency for the special economic zone, the Dubai International Financial Centre, is looking to enhance local cryptocurrency-related …
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Soon, Sharjah taxis will have security cameras
Cabs in Sharjah will soon be fitted with surveillance cameras in a project that is being rolled out this year, it was announced on Tuesday. Sharjah Taxi said the cameras would first be installed in a …
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UAE to see sharp recovery this year: FAB report
The UAE is likely to see a V-shaped recovery this year, as the economy emerges from the impact of the COVID-19 pandemic, according to a report issued by First Abu Dhabi Bank (FAB) on Tuesday. The …
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Gulf Air mulls flights between Bahrain and UAE’s Ras Al Khaimah
Flights between Bahrain and Ras Al Khaimah could be on the cards following a new memorandum of understanding (MOU) between Gulf Air and the northern emirate’s airport. The move could create …
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UAE Targets Low-Cost Blue Hydrogen to Cut Emissions by 24%
Oil and natural gas producer the United Arab Emirates aims to become one of the world’s lowest-cost producers of hydrogen, helping in the Middle Eastern state’s effort to slash polluting carbon …
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