City Dubai Financial News

As banks compete hard for work in the Middle East, Dubai is emerging as one of the most grueling places to work. Juniors at Rothschild, which is expanding in the UAE, claim they are being driven to the point of exhaustion.

Stanley Sheriff is hot property. Since leaving Goldman Sachs' London rates desk in 2018 he's worked for DRW, LMR Partners, Millennium, Taula Capital Management (seeded by Millennium) and — now — Balyasny Asset Management (BAM). 

Kartik Gupta, chief financial officer (CFO) of ride-hailing major Ola Cabs, has exited the firm, just over two weeks after chief executive Hemant Bakshi stepped down. His exit is part of an ongoing restructuring at Ola Mobility, a company spokesperson told ET. “The restructuring will allow Ola to strengthen cost structures, focus on growth and increase its bottom line,” the person said.

Also Read: Viral Video: Man makes paratha with diesel, netizens say ‘true recipe for cancer’ The video has gone viral on social media and has garnered nearly 26,000 likes since it was uploaded days ago. The viral video begins with Range Rover's number plate, which shows Kerala's registration number.

international universities with fewer Indian students. Shreya Pattar, founder of Shreya Pattar Ventures, shared her views on X, formerly known as Twitter, stating, «Any Indian student planning to move abroad for higher education should check how many Indian students that university has. The more the number of Indian students, the lower that university should be on your list of places to join. A big Indian community of students doesn’t come with a “homely” feeling.» Think you check all the immigration boxes? Find out

Also Read: Viral video shows wild bull attacking woman as she tries to save her belongings; netizens ask, 'How dumb can you be?' "A big Indian community of students doesn’t come with a “homely" feeling. It comes with toxic Indian patterns: Too much drama, lack of professionalism, no good role models, no leadership or responsibility towards juniors, self-centred behaviour, “group-ism", back bitching, no seriousness towards the future.

Worldcoin ($WLD), the blockchain project helmed by OpenAI’s Sam Altman, has fallen nearly 20% in the last two weeks and 6.4% overnight despite other leading cryptocurrencies posting green candles.

integrity, a young Indian boy in Dubai has been commended by the city’s police force for his commendable action. Muhammad Ayan Younis, accompanied by his father, stumbled upon a lost watch during a stroll and promptly returned it, earning accolades from the Dubai Tourist Police Department for his honesty and discernment. The Dubai Police Department took to social media platform X to spotlight this exemplary act, affirming, “Dubai Police Honours Child for Honesty After Returning Tourist's Lost Watch.” A snapshot shared alongside the announcement captures Brigadier Khalfan Obeid Al Jallaf, Director of the Tourist Police Department, along with his deputy, Lieutenant Colonel Muhammad Abdul Rahman, and Captain Shahab Al Saadi, Head of the Tourist Happiness Section, presenting young Muhammad Ayan Younis with a certificate of commendation. Additionally, a blog link detailing the incident was included in the post.

options to hedge their equity portfolios against a slide in benchmark indexes as they worry that Prime Minister Narendra Modi's party may not achieve the landslide victory predicted by opinion polls just weeks ago. The last major poll had estimated that the ruling Bharatiya Janata Party (BJP) party would win 342 seats, comfortably above the 272 majority required to return to power.

Wipro Ltd’s head of Asia Pacific, the Middle-East, and Africa (APMEA), has resigned, marking the first senior departure since the company appointed Srinivas Pallia as the chief executive officer last month. Anis Chenchah, who was appointed as CEO of Wipro’s APMEA region by former Wipro CEO Thierry Delaporte in April 2022, announced his departure on Thursday, according to a company filing with the stock exchanges. The APMEA region had contributed 11.5% to Wipro’s $10.8 billion revenue in FY24.

Wipro on Friday announced the appointment of Vinay Firake as the chief executive officer, APMEA (Asia Pacific, India, Middle East & Africa) strategic market Unit (SMU), effective immediately. “Vinay will report to Srini Pallia and will also join the Wipro Executive Board,” Wipro said in an exchange filing.

ALSO READ: Dubai-Jamaica chartered flight, with several Indians onboard, sent back: 'Docs weren't satisfactory,' says MEA The incident took place after a suspected briefcase bomb brought down the plane over the mountains of Czechoslovakia, allegedly by Croatian nationalists. In the incident, all passengers and four crew members died, but Vulovic survived and became the first and only person to survive a 33,000-foot fall without a parachute.

Komodo CTO Kadan Stadlemann said the United Arab Emirates’ (UAE) political stability fosters a friendlier environment for crypto businesses to flourish, compared to the challenges they face in the US.

diplomatic breakthrough, five of the Indian sailors on board an Israeli-linked vessel seized by Tehran were released on Thursday and have departed from Iran, the Indian embassy in Iran said. The Indian Embassy, while sharing details of their release, thanked the Iranian authorities for their close coordination with the Embassy and Indian Consulate in Bandar Abbas. «5 of the Indian sailors on MSC Aries have been released and departed from Iran today evening. We appreciate the Iranian authorities for their close coordination with the Embassy and Indian Consulate in Bandar Abbas, MEA official spokesperson Randhir Jaiswal posted on X.

Blockchain data firm Chainalysis, has established a headquarters in Dubai for Southern Europe, Middle East, Central Asia, and Africa regions. The firm aims to deepen its support of the UAE’s global crypto hub push.

Worldcoin ($WLD), the biometric crypto project helmed by OpenAI CEO Sam Altman, has shot up a blistering 37% in the last seven to trade at $6.17 as of this writing.

QCP Capital, a prominent options trading desk for digital assets, has received initial approval to operate in Abu Dhabi, marking its expansion into the Middle East. 

video capturing Arijit Singh, the renowned Indian singer, trimming his nails on stage during a live performance has sparked a wave of reactions across social media platforms. In the footage, shared widely by fan pages, Singh can be seen wearing a grey shirt with an orange cloth tied around his head, engaging in the mundane act of nail grooming while singing at a concert in Dubai.

Austrian crypto exchange Bitpanda is expanding its operations to the Middle East and opening a regional office in the United Arab Emirates (UAE).

best travel agency in Dubai for holiday packages, has got your back. They are excited to reveal all our secret tips and tricks. Get ready for your epic Dubai escape with them.

NEW DELHI : Indians are packing travel bags for summer, braving heat waves and steep fares as school vacations and annual holidays beckon. Air travel that hit a daily peak in April is expected to rise further as more travellers work out plans for May and June, cheering airlines and travel industry alike. While there is heightened demand for cooler destinations, places that are typically warm at this time are also seeing interest.