A physical Bitcoin (BTC) ETP is set for debut in Dubai. This unprecedented move aims to attract investors and further boost the Middle East’s keenness and receptiveness of cryptocurrency and other related products. What are the Details of the Listing? Cryptocurrencies are traditionally
Dubai
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
Remittance is the sending of money by a migrant to his home country via electronic transfer, cheques, or drafts. In 2019, about 800 million people in the world received remittances. However, even though many people are recipients of international remittances, the industry is still fraught with issues that do not make international remittances as beneficial as […]
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
Days ago, Dubai launched a robotics and automation program to boost the country’s economy and prepare it for the future. The government announced the program in a tweet by the Dubai Media Office. According to the Media Office, Dubai’s Crown Prince, Sheikh Hamdan bin Mohammed. The Media Office further stated that the program aims to make Dubai […]
China and the UAE Join Forces to Secure the Country’s Property on the Moon : China and the UAE Join Forces to Secure the Country’s Property on the Moon In a never seen space collaboration between China and the UAE, both countries have agreed to the former’s assistance in landing the UAE’s Rover from the Moon’s surface. […]
The Taliban administration in Afghanistan recently announced its intention to give force to the final contract to award the running and control of its airport to the state-owned GACC holdings in the UAE. This contract is primarily influenced by the Afghanistan government’s need to boost the country’s economic activities. Why UAE wants to enter the Agreement
Grieving in the UAE as the country declares three days of mourning for Britain’s Monarch : Queen Elizabeth II The UAE has issued an order for the national flags in all its sectors and embassy to fly at half-mast as a show of its state of mourning for Queen Elizabeth II, Britain’s Monarch, who recently passed […]
The Spanish League, in an unprecedented move, is attempting to expand to the Middle East, North Africa, and India. This move is strategically embarked to increase the influence of Spanish Soccer and close the apparent bridge between it and the English Premier League. Details of the Expansion – All You Need To Know The Spanish League […]
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 […]
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 […]
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
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
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 […]
Dubai Approves Municipality Restructuring to Create Dh10 Billion Economic Opportunities : The Crown Prince of Dubai, Hamdan bin Mohammed Al Maktoum, recently approved the restructuring of the Dubai Municipality based on a directive from the Prime Minister of UAE. The Dubai government announced the approval through a tweet on the Crown Prince’s official Twitter handle.
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
