Tag: UAE

UAE: Islamic insurance firm records Dh7.9-million profit despite April rains

Shariah-compliant insurer Watania International Holding (WIH) swung back into black in the first half of 2024, posting a Dh7.9-million net profit — compared to...

India’s SBI aims to sell its Yes Bank stake worth $2.2 billion by end-March, say sources

State Bank of India (SBI), the country's largest lender, aims to strike a deal by end-March for the sale of its 24% stake worth...

Cybersecurity firm to use UAE as base to expand in region

TAC Security, a leading global cybersecurity company specialising in vulnerability management, is planning to open its first office in the Middle East in Dubai,...

New telemarketing rules in UAE: Full list of fines explained as laws go into effect from August 27

The UAE’s new telemarketing regulations are set to come into effect from August 27, as per the UAE Government. The authority announced new laws for telemarketers in...

Dubai: Parkin records 26% jump in fines issued during second quarter this year

Parkin Company on Monday revealed the total number of fines issued in Dubai increased 26 per cent from 291,000 in Q2 2023 to 365,000...

Home-grown fintech closer to gaining UAE licence

Sav, a UAE-born fintech, received an in-principle approval for a Category 4 licence from the Dubai Financial Services Authority (DFSA). This key milestone will...

Wall Street jumps as jobs data eases slowdown fears

Wall Street's main indexes rose nearly 2% on Thursday, bolstered by a better-than-expected jobs report that eased worries of an imminent slowdown in the...

Aramco to Become Majority Shareholder in Petro Rabigh

Aramco issued a press release today informing that it had signed a definitive agreement to acquire from Sumitomo Chemical an additional stake of approximately...

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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...