Tag: UAE

UAE central bank’s foreign assets surge to Dh750b

The Central Bank of the UAE (CBUAE) has said it boosted its foreign assets by more Dh176 billion within a year — from April...

UAE issues Microsoft alert: Users urged to update devices, avoid 139 vulnerabilities

The UAE's Cyber Security Council has urged Microsoft users to update their devices in order to avoid more than 100 vulnerabilities. The authority said in...

UAE announces new competition law prohibiting firms from offering ‘very low’ prices

The UAE is prohibiting companies from offering or applying very low prices for production, transfer and marketing with a monopolistic approach to drive other...

Mohammed bin Rashid announces world’s largest logistics hub to boost trade in foodstuffs, fruits and vegetables

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the development of...

First Abu Dhabi Bank gives initial guidance for $750m debt sale

The UAE's First Abu Dhabi Bank has given initial price guidance for the sale of $750 million Tier 2 Capital Securities, a document showed...

Ethereum ICO-Era Stalwart Golem Sent $100M Ether to Exchanges in the Past Month

The protocol was one of the first ICOs on Ethereum, raising $8.6 million worth of ether in 29 minutes and setting the precedent for...

UAE’s flagship Murban crude oil trades at record levels during Q2

Abu Dhabi: Intercontinental Exchange, Inc., today announced record trading activity in Murban crude during the second quarter of 2024.
 ICE Futures Abu Dhabi (IFAD) and...

UAE’s merchandise, services trade reach Dh4.61 trillion in 2023

UAE’s merchandise and services trade totalled $1.258 trillion (Dh4.61 trillion) last year, reaching almost the same level as the previous year driven by services...

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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...