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January 13, 2025
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Technology

Blockchain & Cryptocurrency Business GCC NEWS DESK Tech UAE

The Middle East is Set to Redefine Cryptocurrency Milestones with Bitcoin ETP Listing on NASDAQ Dubai

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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 known for their digitalized and intangible nature, hence their widespread appeal.
Tech GCC NEWS DESK UAE

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

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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
Energy Lifestyle NEWS DESK Sustainability Tech

Why Tech Companies in the Middle East Are Making Esgs a Priority Today

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Why Tech Companies in the Middle East Are Making Esgs a Priority Today : Environmental, Social and Governance (ESG) investments have gained momentum across companies. The principles offered by ESGs have helped investors and CEOs maintain a conscientious approach to running their companies. These principles are achieved by presenting a form of investment that prioritizes
Blockchain & Cryptocurrency Business NEWS DESK

How Blockchain Can Solve the Problems in the International Remittance Industry

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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 […]
NEWS DESK GCC Lifestyle Sustainability UAE

Uae is on a New Path to Environmental Modeling as It Establishes the Paperless Tax System

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The UAE has initiated a paperless tax refund scheme for tourists. This move is strategically implemented to eliminate the need to retain receipts. It also contributes its own quota to reducing environmental degradation brought on by the manufacturing and disposal of paper. Specifics of the Paperless Tax System The UAE paperless tax system is a […]
NEWS DESK GCC UAE

The UAE is set to bring some equilibrium to Afghanistan’s aviation as it offers to control air traffic

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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
NEWS DESK Energy GCC Lifestyle Logistics Saudi Arabia Sustainability

Saudi Arabia – with a 7.5% Potential Growth in 2022, is set to become an Economic Powerhouse as Reports Claim

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Saudi Arabia – with a 7.5% Potential Growth in 2022, is set to become an Economic Powerhouse as Reports Claim : Saudi Arabia – with a 7.5% Potential Growth in 2022, is set to become an Economic Powerhouse as Reports Claim Saudi Arabia is well on its way to becoming the world’s fastest-growing economy with […]
Blockchain & Cryptocurrency Finance GCC NEWS DESK Qatar Tech

Qatar Establishes Public Consultations for National Blockchain Blueprint

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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
Blockchain & Cryptocurrency Business Finance GCC NEWS DESK Tech UAE

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

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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 […]
Business Finance GCC Lifestyle Logistics NEWS DESK Saudi Arabia Travel

Saudi Aramco Oil Company ends the Second Quarter with a Record-Breaking Profit of $48.4 Billion

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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 […]

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