City Dubai Financial News

15.08 / 18:01

UPS cover China Evergrande’s EV Unit to Get Cash Injection From Dubai Automaker

market capitalization, which topped the equivalent of $80 billion in April 2021, was $2.4 billion as of Tuesday’s close of trading in Hong Kong. Its shares surged at the market’s open after the company disclosed the new investment but closed just 1.8% up for the day.

15.08 / 16:29

business Binance Altcoin exchanges Bitcoin Breaking: Binance Connect shutting down on August 16

Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, will shut down on August 16. Cointelegraph confirmed on August 15 via an email with a Binance spokesperson.

15.08 / 14:29

Tech Dubai Offers Web3 and AI Firms A 90% License Fee Cut, Seeks To Host Largest Tech Firms In MENA

Dubai has announced a 90% registration subsidy for web3 and Artificial Intelligence (AI) companies seeking operational licenses in the city as it seeks to create the largest pro-tech hub in the Middle East and North African Region (MENA).

15.08 / 12:19

UPS Citizens Instagram Celebrity show social independence day Pakistan citizens in Dubai angry after Burj Khalifa didn't display their flag on Independence Day | Watch Video

WION. However, the Pakistan citizens were left disappointed and some even expressed anger when no such show came up. "The time is 12:01 am now and Dubai officials informed that Pakistan's national flag won't be displayed on Burj Khalifa.

15.08 / 04:21

Citi CEO Platform country expansion Titan Eye+ to focus on calibrated growth, puts expansion plans on hold till fourth quarter

Zefr, CEO Saumen Bhaumik told ET that the eyewear arm of the Bengaluru-headquartered Titan Industries, is likely to focus on growth after the fourth quarter this fiscal. “We have opened 300 independent outlets in the last two years, and we’ve crossed Rs 1000 crore turnover as a consumer priced top line…it is time for us to sort of get our energy back in making every single outlet count in terms of performance,” he said. The eyewear division, which had planned to get to at least 1000 stores by the end of 2022 has 920 stores across the country and one in Dubai.

14.08 / 13:25

Target Airlines Strategy boost Abu Dhabi slashes hotel room and restaurant fees to boost tourism

Abu Dhabi Department of Culture and Tourism has reduced government fees applied to hotel rooms and restaurant in the emirate. The revised fee structure will come into effect from 1 September 2023 . «This revision of fees seeks to further grow the emirate as a tourism and cultural destination while bolstering support for its thriving hospitality sector,» the Department of Culture and Tourism – Abu Dhabi, said in a statement.

14.08 / 09:43

UPS Google Align Vodafone band COAI asks DoT to back 6 GHz band for 5G, 6G at key APAC telecom meet

DoT) to bat for deploying the upper portion of the 6 GHz spectrum band for 5G services in India at a key meeting of the Asia Pacific Telecommunity (APT) that got underway today in Brisbane. They have also reiterated that any move to delicence this spectrum band for WiFi services will hinder the growth of 5G services in India, and 6G, going forward.

14.08 / 01:59

UPS Citi Digital Amazon Discover country Future India Emaar’s future, we are doubling down on country: Mohamed Alabbar, Founder, Emaar Properties

Mohamed Alabbar is more than just the managing director of Emaar Properties, the Dubai real estate firm that built the world’s tallest building, the Burj Khalifa. The multi-faceted entrepreneur and investor is also taking on Amazon in West Asia and spearheading UAE’s first digital bank Zand. In a video interview with Kailash Babar and Arijit Barman, Alabbar spoke frankly about mistakes made in India, future growth prospects and investment opportunities in digital assets as well as the stronger than ever bilateral ties between UAE and India.

13.08 / 18:27

Citi Target Southern show Attack on Iran's shrine kills at least one, injures several people - official

DUBAI (Reuters) -An attack on a Shi'ite Muslim shrine in Iran's southern city of Shiraz killed at least one person on Sunday, a local official told state TV, adding that one person had been arrested.

12.08 / 13:35

MET Cooper Stealth country Indian Indian Navy engages in bilateral naval exercise with UAE Navy

NEW DELHI: In a display of naval collaboration, two Indian naval ships, INS Visakhapatnam and INS Trikand, coordinated a bilateral Naval Maritime Partnership Exercise with the UAE Navy at Port Rashid, Dubai on August 8, the Ministry of Defence said. After two days of detailed planning, the two navies conducted the bilateral maritime partnership exercise, aimed to enhance the interoperability and synergy between the two navies by cross-training on tactics, techniques and procedures while developing stronger professional bonds.

12.08 / 10:01

Target Man Airlines country Smuggling Mumbai Mumbai airport: Man held for smuggling ‘diamonds’ by hiding them in tea powder pouches. Details here

airport for allegedly trying to smuggle diamonds worth ₹1.49 crore out of the country by hiding them in tea powder pouches kept in his luggage, officials said. The 30-year-old accused, Mukkim Raza Ashraf Mansuri, was arrested on August 9 by the Air Intelligence Unit of the Customs department when he was about to fly to Dubai, a Customs official said. "Mansuri, a resident of Null Bazar area in south Mumbai, was arrested at the Chhatrapati Shivaji Maharaj International Airport.

11.08 / 18:51

COST Lowe's Aviat Airlines country To create our air pockets like Qatar

Qatar and Etihad have become an unstoppable force in the global aviation industry much because of the location of their home bases in the Gulf. Their geographical positioning allows them to transfer big chunks of passengers between Asia, Africa and Europe. These are also state-owned carriers of energy-producing countries, which makes them ferocious price warriors in transcontinental travel.

11.08 / 12:51

Blockchain Platform Remark Investment track social Dubai-Based Illuminati Capital Raises $50 Million for Web3 and Gaming Investments

The new Dubai-based crypto venture fund Illuminati Capital has raised $50 million for a fund that aims to invest in early-stage blockchain and Web3 gaming startups.

10.08 / 10:49

Schools Dubai private schools: When will they reopen? Holiday dates and academic calendar for 2023-24

28 August 2023 — Start of academic year 11 December 2023 = Start of winter break — All schools 02 January 2024 — Resumption of classes after winter break — All schools 25 March 2024 Start of spring break — All schools 15 April 2024 = Resumption of classes after spring break — All schools 28 June 2024 — Academic year not to end before 28 June 2024

10.08 / 06:57

Provident VISA LEH country Destinations Weekend independence day Independence Day long weekend sets new trend for THESE tourist destinations

long Independence weekend is here: August 12 (Saturday), August 13 (Sunday), August 15 Independence Day (Tuesday), and August 16: Parsi New Year (Restricted Holiday) (Wednesday). You just need to take an off from your work on August 14, Monday, to explore different tourist places.

09.08 / 18:21

Crypto Exchange Binance Makes Historic Move as First Licensed Crypto Exchange in El Salvador

Binance, the world's largest cryptocurrency exchange, has become the first fully licensed crypto exchange in El Salvador.

09.08 / 03:43

FIVE Discover Inside 500 Kerala News: Customs seize over 500 gram gold worth ₹25.75 lakhs at Cochin airport from passenger

₹25.75 lakhs, according to officials. The gold was discovered to be concealed beneath the inner soles of the passenger's shoes. The incident involved a passenger traveling from Bahrain to Cochin, Kerala, as reported by officials.

08.08 / 11:21

COST UPS Lowe's Yellow week Dubai gold price today: Rates in UAE slip to one-week lows

In global market, the weak trend continued with spot gold edging lower to $1,934.02 per ounce. Investors remained cautious ahead of Thursday's US inflation readings. The US dollar climbed higher after weaker Chinese trade data, putting pressure on the yellow metal.

08.08 / 06:39

UPS Provident services Seacoast Shipping Services set to resume agreement with Dubai’s Maria Shipping

Ahmedabad: Seacoast Shipping Services Limited, a leading single-window logistics services provider, is all set to resume its agreement with Maria Shipping Fze., Dubai. The deal, originally agreed upon on February 20, 2023, will now take effect from August 15, following successful negotiations and the successful completion of a rights issue to meet working capital requirements.

07.08 / 20:37

regulation IRS FTX Taxes creditors NOT FTX has a plan, but creditors are not impressed: Law Decoded

FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for it to become operational as an offshore entity. However, a body representing FTX customers said it is “extremely disappointed” by the plan.

07.08 / 15:03

COST Lowe's Binance Platform stage Cryptocurrency Revolution: Borroe ($ROE) Outperforms Maker (MKR) and Binance Coin (BNB)

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

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