Tag: News

Ambani says India’s Reliance to more than double in size before end of decade

India's Reliance Industries is on track to more than double in size before the end of the decade, its billionaire-chairman Mukesh Ambani told shareholders...

UAE: Now, deposit or withdraw cryptocurrencies in dirhams through this bank

UAE residents can now deposit and withdraw UAE dirhams against cryptocurrencies they are holding. Crypto.com and Standard Chartered Bank have tied up to enable near-real-time...

Dubai Financial Services Authority authorises 61 new firms in H1 2024

The Dubai Financial Services Authority (DFSA) today reported exceptional achievements for the first half of 2024, highlighting continued growth in the number of authorised...

Delivery Hero is preparing an IPO of its Talabat business on the Dubai stock exchange in Q4 2024

Delivery Hero SE (“Delivery Hero” or the “Company”, ISIN DE000A2E4K43, Frankfurt Stock Exchange: DHER), which operates in the United Arab Emirates (“UAE”) and other...

Meta faces $3.6 million fine in Brazil for allowing bogus Havan ads

Meta Platforms faces a fine of up to $3.62 million after losing a lawsuit by Brazilian department store chain Havan that accused the social...

Dubai, Abu Dhabi are top global spots for executive nomads

Dubai has retained its lead position, for the second consecutive year, while Abu Dhabi moved to second place, up from fourth last year, in...

UAE steadily growing as a major player in global crypto market

The UAE is positioning itself as a significant player in the global digital assets market, trends suggest. The global market for tokenised assets is projected...

Crypto crime falls 19.6 per cent YTD signalling growing maturity of digital assets ecosystem

In addition to the SEC’s approval of Spot Bitcoin ETFs in January, and the unveiling of the Central Bank of the UAE’s stablecoin regulations...

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Can Soket AI Power India’s Foundational LLM Dream?

SUMMARY Founded in 2019, Soket AI spent its early years...

Closing Bell: Saudi main index retreats to 10,731.59

Parallel market Nomu lost 393.70 points to settle at...

50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

Across the Gulf, a powerful wave of women entrepreneurs...

How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets

SUMMARY Despite being one of the most promising markets, India’s...

UAE shares end higher as outcome of US-China trade talks awaited

LONDON: Stock markets in the UAE ended higher on Monday,...