Tag: UAE

UAE faces rising malware threats as email attacks surge 293% globally

The UAE witnessed a notable increase in malware detections with an 11.7 per cent increase from January to May 2024, recent research shows. According to...

India’s top founder community expands to UAE

Offline, a private members’ community for scaled-up founders, has expanded in the UAE, marking its first venture outside India. After making a significant impact in...

RAKBANK partners with Bitpanda to unlock digital assets in the UAE

The National Bank of Ras Al Khaimah (RAKBANK) has reached an agreement with Bitpanda Technology Solutions, a leading digital assets infrastructure provider, to provide...

Indian central bank urges lenders to settle UAE trade in local currencies

The Reserve Bank of India (RBI) is actively encouraging local banks to facilitate trade settlements between the UAE and India using either the dirham...

X to close operations in Brazil ‘effective immediately’

Social media platform X, formerly Twitter, will shutter its local operations in Brazil following a bitter legal tussle over the platform’s rights and responsibilities,...

UAE: Gold prices slip after hitting all-time high over the weekend

Gold prices in the UAE slipped Dh1 per gram on the first trading day of the week after hitting an all-time high over the...

Mena and Europe embracing global fintech wave

Fintech innovations have revolutionised the way we send and receive money, purchase products and make investments, marking a new era of technological integration in...

Dubai to lead GCC’s retail spending surge to $300b by 2028

Retail spending in the GCC is expected to rise by 37 per cent from 2022, reaching $300 billion by 2028 with cities in the...

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Billionaire Deepinder Goyal raises $54 million for his new wearable startup Temple

Weeks after stepping down as Group CEO of Zomato...

Saudi stocks plunge, other GCC markets set to open in negative territory

Analysts believe that investors will be gravitated towards defensive...

Saudi Exchange shows resilience on Aramco shares, defying regional trend

RIYADH: Saudi Arabia’s Tadawul All Share Index showed signs...

Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...