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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UAE’s compulsory Covid tests for unvaccinated residents: All you need to know
The UAE has announced mandatory PCR Covid-19 tests for unvaccinated residents that have to be taken every few days. Multiple announcements about the updated rules were made on Monday. According to the …
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Fog in UAE: Police urge motorists to exercise caution amid foggy weather
Police have urged drivers to slow down and strictly follow traffic rules, as fog blanketed the UAE on Tuesday morning. The National Centre of Meteorology and Seismology (NCM) tweeted that fog …
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Dubai, party haven amid pandemic, faces its biggest surge
Masks off the minute you step inside. Bars packed and pulsing like it’s 2019. Social media stars waving bottles of champagne. DJs spinning party tunes …
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Dubai staying open despite a surge in coronavirus cases
The death rate remains low which experts believe is due to the country’s demographic trend of healthy young workers.
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UAE traffic: Fog causes huge tailbacks on Sharjah-Dubai roads
Dense fog that shrouded almost entire UAE on Tuesday morning also affected traffic movement across the country. Huge tailbacks are seen on Sharjah-Dubai roads, where motorists said it took them at …
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