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
Middle East
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 […]
French President Macron hosts Crown Saudi Prince, with energy and oil on the agenda : French President Macron hosts Crown Saudi Prince, with energy and oil on the agenda On Thursday, the President of France, Emmanuel Macron, hosts the Crown Prince of the Kingdom of Saudi Arabia, Mohammed bin Salman. The visit is part of the western […]
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 […]
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 […]
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 […]
Cyfirma, the global threat discovery and cyber-intelligence platform company, has embarked on an ambitious foray into the Middle East region spearheaded by two proprietary tools designed to protect businesses from multi-dimensional existing and emerging cybersecurity threats, especially as key countries in the hydrocarbon-rich region face unprecedented cyber-attacks
With the pandemic being rapidly contained across the six GCC countries in particular and the wider Middle East region in general Poly is on a singular mission to ensure that employees returning to brick-and-mortar offices after an enforced and prolonged work-from-home experience induced by the pandemic, or, who are now adhering to a hybrid work […]
With the pandemic pretty much contained and as the UAE races ahead – in leaps and bounds – in its quest to be a digital-first society and economy, as well as being net-zero by 2050, the Gulf state is proving to be a magnet for the introduction and rollout of the world’s cutting-edge digital and […]
Weather
Dubai, AE
4:01 pm,
February 15, 2025
26°C
clear sky
