Tag: News

Boat auditors flag mismatch in financial statements filed with lenders

SynopsisBoat's IPO plans face scrutiny as auditors noted mismatches in lender filings and company books. Concerns were also raised about fund utilisation and un-reported...

UAE: Will Bitcoin be the ‘new gold’? Experts weigh in

Bitcoin can be transferred globally in about an hour for a minimal fee, without any government or bank involvement Bitcoin’s ability to be transferred easily without...

Indian rupee hits record low against dirham; will UAE grocery prices fall?

The rupee has hit a record low against the Emirati currency and the US dollar, reaching 24.6 against the dirham and 90.4 against the...

Binance secures ADGM approval to offer global services from Abu Dhabi

The world’s largest crypto exchange marks a milestone in trusted digital finance, reinforcing Abu Dhabi as a global crypto hub Binance, the world’s largest cryptocurrency...

The UAE’s Crypto Boom: Opportunities and Challenges for Startups

The UAE is quickly becoming a global leader in the crypto space. The recent approval of major players like Circle and Tether is indicative...

Eid Al Etihad: 220,000 new companies entered the UAE market this year

The nation’s hospitality sector continued its strong upward trajectory in the first nine months of 2025, with hotels welcoming 23.27 million guests – up...

UAE could be ‘Wall Street’ of Bitcoin, say experts

Panelists shared stories of the humble beginnings of the cryptocurrency in the UAE, when only "five or six" people in the country were doing...

Accelerating growth boosts investor confidence

Startups attract fresh capital to scale AI, health tech, and infrastructure RIYADH: Startups across the Middle East and North Africa are accelerating growth through strategic funding...

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Emirati startup founders unveil AI-powered innovations at Hub71 Impact 2026

Emirati startup founders showcased AI-powered and advanced technology solutions...

Groww and Zerodha AMCs post nearly 3x growth in AUM over last year

Entry of discount broking firms -- Groww and Zerodha...

Apple launches AI-powered Siri upgrade

Apple has launched an artificial intelligence-powered version of its...

Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...