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Abu Dhabi

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Abu Dhabi Islamic Bank Awarded For Excellence In Digital Adoption By Blockchain-Powered E-Marketplace TradeAssets

Recently, TradeAssets presented the e-Marketplace Champion Award to the Abu Dhabi Islamic Bank. The award was for its great use of digital technology. TradeAssets is a blockchain technology e-Marketplace for trade finance. Together with ADIB, it was one of the first organizations to use blockchain technology to make trade finance distribution deals happen last year.  […]
Fitness GCC Lifestyle NEWS DESK Tech UAE

UAE Contributes To Gazan Hospitals By Sending 85 Tons Of Medicine And Medical Supplies

More than eighty-five tons of medicine and medical supplies have been sent from the United Arab Emirates to Gaza to aid local hospitals. According to the Emirates News Agency (WAM), six trucks crossed into Egypt via the Rafah Border Crossing on Monday. The State Of Gazan Hospitals For many years, healthcare quality in Gaza has deteriorated due […]
NEWS DESK GCC Tech UAE

Dubai Set to Embark on its Fourth State-Linked IPO

The Emirates Central Cooling Systems Corporation (Empower) has announced its plans to launch an Initial Public Offering (IPO). Empower is a Dubai state-owned entity responsible for providing district cooling services across the Emirate. Late last year, Empower announced that its primary shareholders, Dubai Electricity and Water Authority (DEWA) and Emirates Power
Tech GCC NEWS DESK UAE

Dubai is Set to Promote Biometric Authentication for Residency and Foreign Affairs Relations in the Country

Dubai recently announced that the General Directorate of Residency and Foreigners Affairs (GDRFA) would provide all its services through online platforms, specifically biometric authentication. As soon as all things necessary are put in place, residents can steer clear of physical verification processes when going in and out of the country. Why has Dubai Implemented a
GCC NEWS DESK UAE

UAE Signs Energy Security Agreement with Germany

UAE Signs Energy Security Agreement with Germany : The UAE president Sheikh Mohammed bin Zayed al Nahyan has signed an energy agreement with Olaf Scholz, the chancellor of Germany. The agreement is expected to accelerate industrial growth, enhance decarbonisation, and promote energy security. Under the agreement, the Abu Dhabi National Oil Company (ADNOC) will supply
Travel GCC Lifestyle NEWS DESK UAE

UAE Restricts Citizens of Certain Countries from Acquiring Visas until They are Above the age of 40

The UAE has issued visa restrictions on specific countries for the time being. This decision by the UAE government was at all times influenced by the actions of specific stakeholders in the affected country and not made arbitrarily. What are the Specifics of the Visa Restrictions? For some countries, the UAE has restricted issuing visas to persons […]
Health Finance Hospitality Lifestyle NEWS DESK

Pure Health is to make a $500 Million Minority Investment in Equity Group Investment

Pure Health, an Alpha Dhabi subsidiary and one of the largest health platforms in the UAE, is set to make a $500 million minority equity investment in Ardent Health Services. The agreement’s details have been finalized, and conditions guiding both parties are subject to the US law where Ardent health services are based. What are the Specifications […]
Blockchain & Cryptocurrency Finance GCC NEWS DESK Qatar Tech

Qatar Establishes Public Consultations for National Blockchain Blueprint

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 Authority (CRA) launched a consultation to get public opinions and contributions
Events Food & Beverage GCC NEWS DESK UAE

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 : 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 […]
Business GCC NEWS DESK UAE

UAE airlines are increasing workers’ salaries and benefits while offering cheaper services

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
Blockchain & Cryptocurrency Business Finance GCC NEWS DESK Tech UAE

Commercial Bank International Launches the First Ever Metaverse Bank in the UAE

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 […]