City Dubai Financial News
31.07 / 15:39
Binance
Regulations
Crypto Exchange Binance Secures Operating License in Dubai- Here's the Latest
On Monday, Binance, the world's largest cryptocurrency exchange, secured the Operational MVP License to operate in Dubai after fulfilling the necessary pre-conditions since obtaining a preparatory license in September 2022.
31.07 / 15:39
Binance
Crime
Sport
Kraken
open
NOT
Today in Crypto: Crypto Firms in Hong Kong Can Open 'Simple' Bank Accounts Only, Elderly Couple in US Held Hostage for $156,000 in Crypto, Binance Can Operate in Dubai But Not in Nigeria
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
31.07 / 15:03
Provident
MET
Strategy
cover
exclusive
AIM
alternative investments
AIM Summit is the Leading Conference on Alternative Investments
all having their needs met, the content being presented can transcend the commercialized offerings of profit focused conferences. With profitability out of the way as a measure of success, AIM Summit measures instead the caliber of the attendees who have joined, with quality valued over quantity. A bigger conference doesn't necessarily mean it's a better conference - exclusivity ensures that the best people attend, and that those who attend make meaningful connections.
31.07 / 14:13
Provident
Action
Assurant
show
stage
licence
Broker
Binance secures new Dubai-based licence to provide crypto broker-based facilities
Binance, a cryptocurrency exchange, has achieved a new Dubai-based licence based on its connections with United Arab Emirates’ regulators, as stated by Cointelegraph.
31.07 / 13:55
Blockchain
crypto mining
Crypto Mining Hardware Retailer Phoenix Technology Considers Public Listing in UAE
Leading cryptocurrency mining hardware provider, Phoenix Technology, based in the United Arab Emirates (UAE), is reportedly in preliminary discussions to conduct an initial public offering (IPO) in the country.
31.07 / 09:23
UPS
Target
Boeing
Yellow
show
track
Gold Prices
Dubai gold prices: Rates dip in UAE today but set for huge monthly gain
Gold prices in UAE dipped today, tracking a similar trend in global markets but the yellow metal is set to close the month on a strong note. According to Dubai Jewellery Group, the 24K was today trading at 236.75 dirhams per gram, down from last week's close of 237.25 dirhams per gram last week. 22K and 18 K gold were trading at 219.25 dirhams per gram and 181.75 dirhams per gram respectively.
31.07 / 09:11
Binance
regulation
Bitcoin
services
Broker
Binance to offer crypto broker-dealer services in Dubai with new license
Major cryptocurrency exchange Binance has reached another milestone in relationships with regulators in the United Arab Emirates by winning a new license in Dubai.
29.07 / 14:25
UPS
Lowe's
Cooper
Mobile
Celebrity
Meghalaya exporting over 1.3 tonnes of Pineapples to the Middle East
Meghalaya exporting over 1.3 tonnes of Pineapples to the Middle East. To further promote and build the market for Meghalaya’s pineapples, the government is organising a Pineapple festival in Delhi. The festival will be held post the celebrations of Independence Day.
29.07 / 03:51
Provident
National
Indian
Indian national in Dubai wins mega prize, set to receive ₹5.6 lakh every month for 25 years
₹5.6 lakh every month for the next 25 years, reported the Gulf News. Currently working as an interior design consultant for a real estate company in Dubai, Khan will receive Dh25,000 (approximately ₹5.6 lakh) each month, providing much-needed financial support for his family. As the sole breadwinner, Khan is responsible for supporting his aging parents, a five-year-old daughter, and his late brother's family, who tragically lost their breadwinner during the pandemic.
28.07 / 13:53
Commerzbank
show
week
Crude oil weakens, but still on course for positive week on growth hopes
Investing.com — Crude oil prices weakened Friday, but still remained on course for a fifth straight week of gains on growing optimism for global economic growth and tightening supplies.
28.07 / 13:15
UPS
Citi
Provident
Platform
Pool
country
How can family offices diversify their portfolio through GIFT city route
Gujarat International Financial Tec-City (GIFT City), started in 2007, is India’s first International Financial Services Centre created to provide a facility as available in other countries. Key regulatory developments started in 2015 with RBI and Sebi notifying regulations for exchange control and capital markets up until the Budget 2023 that ended dual regulations, and bringing the IFSC rules on par with those in Singapore and Dubai.
28.07 / 11:23
Provident
Platform
Pool
awards
Celebrity
country
17-year-old UAE student shortlisted for Global Student Prize 2023
UAE student has been named in the prestigious top 50 Global Student Prize 2023 shortlist. Gadhia was picked from a pool of nearly 4000 applications received from 122 countries. He is currently studying at Dubai College in the UAE.
28.07 / 11:04
Provident
Digital
CEO
Platform
BitStamp
Bitcoin
dutch
Crypto.com Receives Registration Approval From The Dutch Central Bank – Here’s the Latest
Cryptocurrency platform Crypto.com acquired a registration approval with De Nederlandsche Bank (DNB), the Dutch central bank, as a crypto services provider.
28.07 / 10:23
Citi
foreign
Govt allows firms to list on GIFT IFSC to attract foreign flows
Public and privately held Indian firms can now list their shares on the International Financial Services Center at Gujarat International Fin-Tec City, Finance Minister Nirmala Sitharaman announced at a briefing Friday. “It will facilitate access to global capital and result in better valuations for Indian companies,” she said.
28.07 / 09:23
business
IPO
Crypto mining hardware retailer Phoenix Technology mulls IPO in UAE: Report
Crypto mining hardware provider Phoenix Technology is reportedly starting discussions to conduct an initial public offering (IPO) in the United Arab Emirates, according to a report by Bloomber.
28.07 / 00:43
COST
UPS
Gap
Pool
country
cover
expansion
Credit a better bet for fintechs eyeing expansion: PBFintech's Yashish Dahiya
fintech startups looking to enter insurance after tasting success in payments or wealth management should focus on credit, given the higher margins available there, PBFintech chairman Yashish Dahiya told ETtech. In a free-flowing conversation from Dubai, Dahiya, who helms the Gurugram-based company that runs insurance marketplace Policybazaar and credit marketplace Paisabazaar, pointed out that those wishing to invest in the insurance space should put their money onpeople who have shown some returns already.
27.07 / 18:53
UPS
Provident
Target
Progressive
voice
Deal
India, Iran set to ink long-term deal on Chabahar port
NEW DELHI : India and Iran are expected to sign a long-term deal for the development of Iran’s Chabahar Port by September before the Global Maritime India Summit 2023 scheduled in New Delhi in October, two people familiar with the matter said. After years of negotiations, Delhi and Tehran are expected to sign a multi-year deal, allowing India to develop the Shahid Beheshti Terminal in the Chabahar port. In 2016, India Ports Global Ltd (IPGL) and Arya Banader of Iran had signed a contract to develop the port.
27.07 / 16:53
PINK
film
Instagram
Mattel
country
social
actress
Viral marketing: Giant Barbie doll near Dubai’s Burj Khalifa causes stir on internet, fans call it ‘amazing’; Watch
Burger King's pink burger, the doll's popularity is soaring. The 3D advertisement of the Barbie movie in Dubai, despite its delayed release in the United Arab Emirates until August 31, 2023, is creating a significant buzz online. The presence of a giant colossal Barbie doll near the iconic Burj Khalifa has sparked a viral sensation on social media, fueling excitement around the film's release in the country. Eye Studio, a regional creative content agency, has produced a CGI video showcasing a massive Barbie doll, still in her Mattel packaging, positioned next to the iconic Burj Khalifa. The viral video on Instagram showcases the Barbie doll dressed in a strapless striped jumpsuit, white cat-eye sunglasses, and black heels as she elegantly steps out of the packaging. The video has garnered a whopping 3.5 million views on the internet.
26.07 / 16:29
UPS
Twitter
Target
Remark
Immunic
country
Threat
Climate change is putting the food security of India at threat
The world’s most populous nation is more poorly endowed with farmland per capita than Greece or Algeria. That is going to make life harder as a fast warming planet destabilizes the cycles of rain and sunshine that have kept the Indian subcontinent fed for millennia. India recently suspended exports of non-Basmati varieties of rice after heavy monsoon rainfall damaged crops that were due to be harvested in winter.
26.07 / 02:09
UPS
Target
Digital
Fighting
show
Byju Raveendran broke down in tears as crises engulfed ed-tech startup
foreign exchange violations in April this year. As per the Bloomberg news agency, Byju Raveendran, the firm’s eponymous founder and chief executive, paced his condo in Dubai, downing cups of black coffee and fielding calls from top investors. Raveendran broke down in tears defending his company, according to people who attended the calls.
25.07 / 16:31
IMF cuts Saudi Arabia's 2023 GDP growth forecast to 1.9%
DUBAI (Reuters) -The International Monetary Fund cut its 2023 GDP growth projection for Saudi Arabia to 1.9% in its latest World Economic Outlook update released on Tuesday, to reflect the impact of prolonged oil production cuts.
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