Tag: UAE

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...

Dubai Chambers Signs MoU with Bank of China to support investors and enhance bilateral trade

Dubai Chambers has signed a Memorandum of Understanding (MoU) with Bank of China – Dubai Branch to develop collaboration and enhance cooperation between the...

Abu Dhabi wealth fund ADQ said to eye Bank Audi’s Turkish unit

An Abu Dhabi sovereign wealth fund is in talks to buy Turkish lender Odeabank, according to people with knowledge of the matter, as United...

Dubai: Indian businesses top list of new companies in first half of 2024

Indian investors topped the list of new non-Emirati companies joining the Dubai Chamber of Commerce during the first half of this year, a recent...

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Abu Dhabi Customs showcases ‘Invisible Customs’ project at WCO workshop

At the invitation of the World Customs Organization (WCO),...

World Cup expected to be the biggest betting event in history

The Fifa Men's World Cup is set to be...

Bitcoin On Ethereum? Circle Launches cirBTC on ETH Targeting $9B WBTC Market

Bitcoin News: Circle has launched cirBTC, a 1:1 BTC-backed...

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...