Largest Middle East Oil Bunkering hub suffers disruption due to extreme weather : Largest Middle East Oil Bunkering hub suffers disruption due to extreme weather Extreme weather has resulted in one of the biggest oil bunkering ports in the world being closed down suddenly. The
Saudi stock exchange showcases boom as 2022 H1 IPO listings surpasses entire 2021: Saudi stock exchange showcases boom as 2022 H1 IPO listings surpasses entire 2021 According to the chairman of the Capital Market Authority, Saudi initial public offerings are on track to make 2022 a record year. So far, the number of listings recorded […]
UAE Announces Plan to Build Space Satellite with $820 Million Investment Fund : UAE Announces Plan to Build Space Satellite with $820 Million Investment Fund The UAE has announced its plans to launch a comprehensive space program. The program includes plans to land on an asteroid, explore Venus, and probe the Martian orbit. These plans […]
Saudi Arabia to Spend Up to $1 Trillion on World’s Largest Building in Neom : Saudi Arabia to Spend Up to $1 Trillion on World’s Largest Building in Neom Saudi Arabia recently announced its decision to construct a $1 trillion building in its futuristic megacity, Neom. The project has been tagged the “Mirror Line,” and it […]
UAE Reveals New and Stricter Laws for Gold Sourcing: Penalty as High as Dh5 Million : UAE Reveals New and Stricter Laws for Gold Sourcing: Penalty as High as Dh5 Million The UAE’s Ministry of Economy recently released a policy containing best practices for sourcing gold in the UAE. The policy also enforces stricter penalties […]
Visa and Dubai Health Authority (DHA) Sign Pact to Facilitate Emirate’s Tourism Industry : As part of the DHA’s broader plans to boost health tourism in Dubai, the Authority has signed a new Memorandum of Understanding with Visa. According to the DHA, the collaboration with the global payments company aims to promote Dubai as a […]
Was Joe Biden’s Visit to the Middle East Truly a Disaster : Was Joe Biden’s Visit to the Middle East Truly a Disaster On the 13th of July, Joe Biden arrived in the Middle East on a diplomatic visit. The arrival marked the President’s first visit to the Middle East since his emergence as the […]
UAE Set to Launch First-ever Metaverse Hospital : UAE Set to Launch First-ever Metaverse Hospital The United Arab Emirates (UAE) has announced that it will be launching the first hospital in the metaverse. This virtual hospital is set to go live in October. The healthcare provider, Thumbay group, would manage the virtual hospital. Notably, this hospital […]
Kraken and Rakbank Partners to Enable UAE Crypto Trading in Dirham : Kraken and Rakbank Partners to Enable UAE Crypto Trading in Dirham Kraken, a leading cryptocurrency exchange, has partnered with Rak Bank to enable crypto trading through Dirhams. Kraken is a global crypto exchange that facilitates the trading of crypto. Kraken was the first […]
Saudi Company For Ai Stikes New Partnership With Us Company – Datarobot : Saudi Company For Ai Stikes New Partnership With Us Company – Datarobot The Saudi Company for Artificial Intelligence (SCAI) has partnered with DataRobot. This partnership is intended to grow the AI ecosystem in the Kingdom of Saudi Arabia (KSA). SCAI is a […]
Kucoin’s Recent Survey Suggests Growing Crypto Adoption In Saudi, With Millennials And Gen Z Leading The Way : Kucoin’s Recent Survey Suggests Growing Crypto Adoption In Saudi, With Millennials And Gen Z Leading The Way The adoption of crypto and other virtual assets is certainly increasing globally. However, this adoption appears to be growing faster […]
Dubai’s Virtual Assets Regulatory Authority (VARA) has recently granted OKX a provisional virtual assets license. This license allows OKX to extend its operations to Dubai. Notably, OKX is a Seychelles-based cryptocurrency exchange formerly known as OKEx. The company specializes in facilitating crypto spot and derivatives trading. This approval-in-principle allows
Weather
Dubai, AE
9:32 am,
January 12, 2025
19°C
clear sky
