The UAE has settled its first cross-border payment to China using the CBDC Digital Dirham for a $13.6 million worth of value transfer.
UAE bank fraud: Another resident loses Dh200,000 to criminals
UAE residents are increasingly coming forward to share their experiences of losing tens of thousands of dirhams to telephone banking fraudsters, in an effort to stop unsuspecting victims being tricked …
UAE Central Bank issues $327,000 fine to insurance company
The financial sanction is the result of the findings of the regular examination conducted by the Central Bank, which revealed that the insurance company had deficiencies in its AML/CFT policies and …
UAE Government’s Cybersecurity Chief Dr Mohammed Al Kuwaiti Addresses World’s Largest G[P]RC Summit
Under the esteemed patronage of the Head of UAE’s Cyber Security Council H.E. Dr Mohammed Al Kuwaiti, along with Abu D …
Dubai Science Park study backs R&D localisation amid projected surge in UAE healthcare spending to AED 113bln by 2027
Marwan Abdulaziz Janahi, Senior Vice President of Dubai Science Park: “Investing in localised research and initiatives is a scientific imperative.” …
SWFI FORT Dubai convenes heads of state and GCC families
The Sovereign Wealth Fund Institute (SWFI) proudly unveils the highly anticipated Family Office Round Table (FORT) Dubai 2024, set for February 2nd, 2024, at the Museum of the Future, in Dubai. This …
Revealed: All the Dubai, Abu Dhabi restaurants in the Gault&Millau UAE Guide 2024
After an extensive six-month period of anonymous visits by Gault&Millau’s team of investigators, below is the list of restaurants that have made it into the Guide …
ZāZEN Properties Credits Dubai Off-Plan Sector For Overall UAE Real Estate Growth
The UAE’s off-plan sector propelled the overall market to surpass AED 455.7 billion in sales in 2023 • Dubai’s off-plan sector has grown …
Abu Dhabi real estate robust on off-plan properties’ demand
Looking ahead, the outlook for 2024 remains positive, with analysts forecasting further price growth, especially for residential properties, stated ValuStrat in its report which analyses the key …
Abu Dhabi office sales prices up 38.7% YoY in Q4 2023 – ValuStrat
Office sales prices in Abu Dhabi grew by 38.7% year-on-year in the fourth quarter of 2023 with asking rents rising by 13.3%, according to ValuStrat. Aldar Properties achieved 97% occupancy across its …
Why Are More Indians Investing In Dubai? An In-Depth Look Into Dubai Real Estate Trends
Dubai, acknowledged as one of the most multicultural cities worldwide, is a thriving global centre for trade, innovation, and tourism. With its robust economy and cosmopolitan culture, the city offers …
Accelerating Green Hydrogen Investment: Insights And Pathways Unveiled At World Hydrogen Leaders’ MENA Webinar
Feb 2024 Dubai – Press Release – Accelerating Green Hydrogen Investment Unlocking Green Hydrogen: Financing the …
Man tried to fly to Dubai with Kinder Surprise eggs full of drugs up his backside
A man tried to board a flight to Dubai last year with thousands of pounds worth of drugs stashed in Kinder Surprise eggs hidden up his bum.
Man who had drugs in Kinder Surprise eggs up his bum caught by airport sniffer dogs
A smuggler tried to fly to Dubai with Kinder Surprise eggs full of drugs hidden up his bum. Michael Whitty was caught with thousands of pounds worth of cocaine, ecstasy and ketamine after suspicions …
Kinder egg was real surprise after man filled it with drugs and hid it up his bum
Michael Whitty, 25, attempted to smuggle thousands of pounds worth of cocaine, ecstasy and ketamine out of Manchester Airport (Picture: Liverpool Echo / Getty Images) A man attempted to fly to Dubai …
Larsen & Toubro to build 1.8GWac project in Dubai’s mega solar park
Indian conglomerate Larsen & Toubro has been contracted to build a 1.8GWac solar PV project as part of Dubai’s Mohammed bin Rashid Al Maktoum Solar Park.
UAE Completes First Cross-Border Digital Dirham CDBC Payment Worth $13.6M to China
The United Arab Emirates (UAE) has successfully completed the first cross … common platform underpinned by distributed ledger technology (DLT). The project seeks to address inefficiencies such as …