There is something about Paytm. The Indian multinational technology company has encouraged the spirit of entrepreneurship, pushing its team members to think big and out of the box. The outcome is …
( read original story …)
India’s entrepreneur Nikhil Kamath strikes gold with Middle East investors
True Beacon Global, Kamath’s new international fund, sees a 20 percent month-on-month jump in investments from the region …
( read original story …)
UAE central bank raises benchmark interest rate in step with Fed
The United Arab Emirates central bank raised its key overnight interest rate by 5 basis points on Thursday, in step with a similar move by the U.S. Federal Reserve a day earlier. DUBAI, June 17 …
( read original story …)
Investor sells $300 mln worth of shares in UAE’s ADCB -term sheet
An undisclosed investor has sold 1.1 billion dirhams ($300 million) worth of shares in Abu Dhabi Commercial Bank (ADCB.AD), United Arab Emirates’ third-biggest lender, a term sheet seen by Reuters …
( read original story …)
UAE Central Bank raises interest rate by 5bp after US Fed move
Dubai: The UAE Central Bank has raised the base rate on the Overnight Deposit Facility (ODF) by 5 basis points from Thursday (June 17). This decision was taken following the US Federal Reserve Board’s …
( read original story …)
Sharjah gears up for ‘Guest of Honour’ status at Bologna Children’s Book Fair 2022
Sharjah: Ahmed bin Rakkad Al Ameri, chairman of the Sharjah Book Authority (SBA), said Sharjah’s diverse cultural programme will be showcased at the Italian city of Bologna from March 21-24, 2022, …
UAE sends 60,000 COVID-19 vaccine doses to Yemen
The doses have been sent to Socotra Governorate, making it the first in the country to offer vaccines to residents.
How the UAE economy’s competitiveness compares globally after Covid shock
The UAE has been named the Middle East’s most competitive country and is among the top 10 globally, according to new rankings that reflect the impact of the Covid-19 pandemic on economies around the …
UAE tops world for government responsiveness during pandemic: Sheikh Mohammed
Dubai: The UAE ranks first globally on 20 development indicators – including in the government’s ability to adapt to changes despite the COVID-19 pandemic. It retained its position as the ninth most …
Dubai Expo 2020 to feature pavilion dedicated to women
It will put the spotlight on issues of gender parity and empowerment while paying homage to women’s achievements.
UAE has already built milestones on the ‘green economy’ landscape
Whether with solar farms or cost of renewable energy, UAE remains on track I’ve lived in the UAE for four years while working at Schneider Electric. While the UAE may be one of the biggest …
( read original story …)
Joint Israel-UAE Water Research Institute To Launch In Abu Dhabi
The institute will be backed by Israeli water from air company Watergen and the UAE’s Baynunah and work closely with Tel Aviv University.
( read original story …)
US regulator delays ruling on Bitcoin ETF in blow to crypto traders
US regulators have once again punted their decision on whether to approve a Bitcoin ETF. The Securities and Exchange Commission said in a Wednesday regulatory filing that it will seek more public …
Abu Dhabi Police issue reminder of Dh1,000 fine for tossing masks, gloves from vehicles on to roads
Improperly disposed personal protective equipment poses health, environmental risks Abu Dhabi: Abu Dhabi Police have once again issued a reminder about the Dh1,000 fine and six traffic black points …
Dubai govt jobs for expats up to Dh30,000 salary
Dubai government entities are looking to fill a number of vacancies and are hiring both UAE nationals as well as expatriates. Khaleej Times & …
UAE is world’s 9th most competitive economy
Improvements in education, healthcare and economy helped UAE maintain its position as the most competitive economy in the region and 9th worldwide …
( read original story …)
UAE central bank raises base rate by 5 basis points
The United Arab Emirates central bank on Thursday raised the base rate applicable to the Overnight Deposit Facility (ODF) by 5 basis points.
( read original story …)