Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, ordered the release of 439 inmates serving their sentences at the Sharjah Punitive and Correctional Institution, …
Why Dubai is Becoming a Hotspot for Crypto Exchanges?
Key Takeaways Dubai offers tax-friendly and clear crypto regulations.Major exchanges like Binance have opened operations in the UAE.The city supports blockchain …
Wasco launches UAE fabrication yard, expands capacity to meet modular infrastructure demand
JAFZA facility enhances Wasco’s fabrication capacity, enabling simultaneous execution of large-scale modular projects …
Dubai regulator greenlights Ripple’s RLUSD stablecoin
The Dubai Financial Services Authority (DFSA), the financial regulator in charge of the Dubai International Financial Centre (DIFC), has approved Ripple’s RLUSD stablecoin. Following the approval, …
Ripple’s Stablecoin (RLUSD) Approved by Dubai FSA for Crypto Payments
Dubai FSA has approved Ripple’s stablecoin, RLUSD, as a recognised crypto payment for use within the Dubai International Financial Centre.
Mamo Crosses AED 1.2 Billion In Total Payment Volume, Accelerates Vision To Become UAE’s Leading Financial Hub For Smes
Mamo, the UAE-born fintech building the future of business finance, today announced that it has crossed AED 1.2 billion in total payment transaction …
Dubai to build Ghana’s first economic zone
The government of Ghana has signed a memorandum of understanding with Dubai state-owned entity Ports, Customs and Free Zone Corporation (PCFC) to establish an economic zone and digital incubator in …
OMV exits UAE asset in $600 million deal
Austrian energy behemoth OMV has signed and closed an agreement to divest its 5% stake in the Ghasha concession in the United Arab Emirates, to Russia’s Lukoil. The overall cash consideration amounts …
Dubai Customs launches the Mirsal 2 B2B service for companies with high volume business
Dubai- Dubai Customs launched the Mirsal 2 B2B service for its eligible business partners who conduct high volume business with Customs using Mirsal 2; the integrated system enabling them to …
RLUSD approved by Dubai Financial Services Authority as recognised crypto token
Dubai, UAE: Ripple, the leader in enterprise blockchain and crypto solutions, today announced that its stablecoin, RLUSD, has been approved as a recognised crypto token by the Dubai Financial Services …
UAE SMEs continue to show resilience, but confidence drops marginally
In a survey by RAKBANK in association with RFI Global, the UAE SME Confidence Index score showed 4-point drop from 61 to 57 in 2024 …
Professional Car and Chauffeur Rental Dubai Services for Long-Distance UAE Travel
Professional car and chauffeur rental Dubai services solve these transportation challenges through experienced drivers, well-maintained luxury vehicles, and customer-focused service standards. This …
Ohana Development’s Husein Salem on the future of branded residences in the UAE
The partnership with Jacob & Co. came from a shared goal to create a development that goes beyond typical branded residences. We wanted to introduce something new to the UAE market — a project that …
The global tax game: How UAE is winning while London forgets its own playbook
Discover how UAE’s tax policies are attracting wealth as UK reforms its non-dom tax regime, impacting high-net-worth individuals.
One-bedroom unit for Dh3.5m at Abu Dhabi’s Fahid Island project
A one-bedroom unit at the new Fahid Island development in Abu Dhabi is priced from Dh3.5 million ($953,029) onwards, according to developer Aldar Properties, amid soaring property demand. The massive …
Dubai Chamber hosts meeting for Business Groups & Business Councils of 2025
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully hosted the second quarterly roundtable meeting for Business Groups and Business …
Lukoil acquires OMV stake in UAE Ghasha concession
OMV has sold its 5% stake in the Ghasha ultra-sour gas concession offshore Abu Dhabi in the United Arab Emirates.