Qatar Establishes Public Consultations for National Blockchain Blueprint : Qatar Establishes Public Consultations for National Blockchain Blueprint Like other countries across the globe, Qatar is making moves to strengthen its blockchain adoption. Last week, the Qatar Communications Regulatory
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The Flames of Covid-19 Continue to Burn as Saudi Arabia Records New Cases of the Virus : The Flames of Covid-19 Continue to Burn as Saudi Arabia Records New Cases of the Virus The spread of Covid-19 in Saudi Arabia continues rapidly as the country continues to record new cases of the virus daily. While it is […]
The UAE and US Governments Meet to Discuss the Strengthening of Military Ties : The UAE and US Governments Meet to Discuss the Strengthening of Military Ties Rear Admiral Sheikh Saeed bin Hamdan, commander of the UAE Naval forces, and Vice Admiral Brad Cooper, Central commander of the US Naval forces, recently had a rendezvous to discuss […]
Tons of Relief Supplies Flood Pakistan as UAE President Gives Orders for Humanitarian Aid : Tons of Relief Supplies Flood Pakistan as UAE President Gives Orders for Humanitarian Aid Sheikh Mohamed bin Zayed Al Nahyan, the UAE President, issued directives for delivering relief supplies to Pakistan on the 27th of August, 2022. These supplies are […]
UAE airlines are increasing workers’ salaries and benefits while offering cheaper services : UAE airlines are increasing workers’ salaries and benefits while offering cheaper services The United Arab Emirates airlines seek to improve employee salaries and benefits. Earlier this year, the country expressed wishes to implement a 4% increase in workers’ wages. The increased
Bahrain Records a Ground-breaking $88 Million Revenue Surplus in the First Half of 2022 : Bahrain Records a Ground-breaking $88 Million Revenue Surplus in the First Half of 2022 Bahrain has recorded impressive records in the past year. Earlier this month, the Bahrainian government announced that it had surpassed its financial records for 2021. Bahrain […]
Chinese President – Xi Jinping is Set to Visit Saudi Arabia: Here’s What to Expect : Chinese President – Xi Jinping is Set to Visit Saudi Arabia: Here’s What to Expect The President of China, Xi Jinping, is expected to visit Saudi Arabia in the coming weeks. This visit comes after Biden’s controversial visit to […]
Commercial Bank International Launches the First Ever Metaverse Bank in the UAE : Commercial Bank International Launches the First Ever Metaverse Bank in the UAE Top-tier corporate and retail bank Commercial Bank International (CBI) recently announced its prospects to become the first ever Metaverse Bank in the UAE. CBI’s launch comes after the UAE pledges […]
Crown Dubai Prince Commissions a New Specialized Arm of Dubai Hospital Worth $48 Million : Dubai’s Crown Prince, Hamdan bin Mohammed Al Maktoum, recently inaugurated a new specialized arm of Dubai Hospital to cater to outpatients. The project, worth $48 million (Dh 177 million), aims to boost the hospital’s capabilities by 200 percent. The project is also […]
Dubai Recruitment Firm Introduces Program to Hire Employees in the Metaverse : The top recruitment agency, Marc Ellis, is well on becoming the first recruitment firm to introduce a recruitment and training program that directly hires employees into the Metaverse. The decision by the firm is according to the recommended Metaverse Strategy pioneered by Hamdan […]
PIF is Set to Redefine Tourism in Saudi Arabia with a $900 Million Investment in Aman Hotel Group : PIF is Set to Redefine Tourism in Saudi Arabia with a $900 Million Investment in Aman Hotel Group Public Investment Fund, a Saudi Arabian Company, recently made a $900 investment in Aman Luxury Hotel Group. The […]
Saudi Aramco Oil Company ends the Second Quarter with a Record-Breaking Profit of $48.4 Billion An oil company based in Saudi Arabia, Aramco, recently claimed the world’s profit record with a $48.4 billion profit at the end of the year’s second quarter. The government-owned company produces oil and gas in Saudi Arabia. Consequently, the company is looking […]
Bahrain Enters Partnership with UAE, Egypt, and Jordan to Boost Industrial Strength : Bahrain Enters Partnership with UAE, Egypt, and Jordan to Boost Industrial Strength Bahrain recently joined an industrial bloc that includes UAE, Egypt, and Jordan. The partnership is called the Industrial Partnership for Sustainable Economic Development, and Bahrain’s participation
Dubai Unveils Metaverse Strategy: Plans to Become a Global Hub for NFTs Dubai has released a metaverse policy document that contains strategies to establish the Emirate as a globally recognised hub of the metaverse and other emerging technologies. The release was announced in a tweet by Sheikh Hamdan bin Mohammed, the Crown Prince of Dubai. Among other
Saudi Arabia Partners with IBM to Boost Digital Skills in the Kingdom : Saudi Arabia Partners with IBM to Boost Digital Skills in the Kingdom The Saudi Arabian government recently signed a Memorandum of Understanding (MoU) with IBM to increase digital skills in the country. The agreement was jointly signed by representatives of the Saudi Arabian […]
Bahamas-based FTX Acquires a Crypto License to Expand its Operations to Dubai : FTX, a Bahamas cryptocurrency company, has acquired a full crypto license in Dubai. This license issuance is coming after Dubai launched extensive plans to improve its blockchain industry and become a preferred destination for cryptocurrency companies. The Backstory As far back as […]
How Blockchain Can Transform Saudi Arabia’s Economy : How Blockchain Can Transform Saudi Arabia’s Economy Blockchain technology is certainly one of the many remarkable innovations of the past few decades. Since its advent, blockchain has greatly impacted several sectors, from finance to art. There is, however, so much more that one can do with technology. […]
Leading consulting firm predicts UAE financial wealth will reach $1 trillion by 2026 : Leading consulting firm predicts UAE financial wealth will reach $1 trillion by 2026 According to a new report by management consultancy firm Boston Consulting Group (BCG), UAE’s financial wealth is expected to reach $1 trillion in 2026. The report shows that […]
Exchange house slammed with $1.4 million fine by Central bank of UAE for compliance gaps : Exchange house slammed with $1.4 million fine by Central bank of UAE for compliance gaps The Central Bank of the UAE recently slammed a fine on an exchange house within the country for failing to comply with anti-money laundering […]
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 unusually heavy rains and flash floods in UAE forced the Fujairah port […]
Weather
Dubai, AE
5:37 pm,
January 8, 2025
24°C
clear sky
