Prerna
by Prerna
March 3, 2023

Fasting, Faith, and Reflection: Embracing the Spirit of Ramadan

Ramadan is the ninth month of the Islamic calendar, a month that is sacred to Muslims worldwide. It is during this month that Muslims observe a period of fasting from sunrise to sunset, abstaining from food, drink, and other physical needs during the day. Ramadan is a time for self-reflection, spiritual cleansing, and deepening one’s […]

Prerna
by Prerna
March 3, 2023

Breaking the Compliment Curse: Why Women Struggle to Embrace Their Inner Goddesses

Have you ever received a compliment and found yourself feeling uncomfortable or even dismissive of it? You’re not alone. Many women find it challenging to accept compliments, even when they know they deserve them. This phenomenon is known as the compliment curse, and it can have a significant impact on a woman’s self-esteem and confidence. […]

Prerna
by Prerna
March 3, 2023

Space economy remains a priority for UAE’s diversification and growth strategy.

The United Arab Emirates (UAE) has been making significant strides in the space economy sector under the visionary leadership of the country. The UAE has placed the space industry among its top priorities for the next fifty years and spent AED22 billion commercially on space-related activities between 2015 and 2020. This has contributed to the […]

Prerna
by Prerna
March 3, 2023

The first finance summit dedicated to advancing the COP28 climate action agenda held in DIFC.

The Dubai International Financial Centre (DIFC) hosted the world’s first summit dedicated to advancing the COP28 climate action agenda in the global finance industry, according to Emirates News Agency. More than 500 people attended the first of a series of finance summits aimed at spurring proactive action to accelerate the green transition and lead the […]

Prerna
by Prerna
March 3, 2023

Amidst interest rate hike, UAE dirham records historic high against Pakistani rupee.

On Thursday, the Pakistani rupee experienced a sharp decline, reaching an all-time low against the US dollar due to political and economic uncertainty caused by the delay in International Monetary Fund (IMF) funds. The rupee’s value dropped by 6.66% or 18.98, reaching 285.09 (77.68 against the dirham) in the interbank market, while it crossed the […]

Prerna
by Prerna
March 3, 2023

Women’s rights and opportunities in MENA region top the World Bank’s list

According to the Women, Business and the Law 2023 report by the World Bank, the UAE has been ranked as the leading country in the Middle East and North Africa (MENA) region in terms of women’s rights and opportunities. The report covers 190 countries and evaluates them based on eight key indicators, including mobility, workplace, […]

Prerna
by Prerna
March 3, 2023

UAE’s Non-Oil Industry Has Capacity to Double GDP

The United Arab Emirates (UAE) has unveiled a plan to double its gross domestic product (GDP) to 3 trillion dirhams ($820 billion) by 2031. The ‘We The UAE 2031’ plan, announced by the country’s Vice President, Sheikh Mohammed bin Rashid, at the UAE Annual Government meetings in Abu Dhabi, focuses on social, economic, investment and […]

Prerna
by Prerna
March 3, 2023

The growth rate of UAE’s GDP was twice the expected figure, as it recorded a surge of 7.6% in 2022.

The United Arab Emirates (UAE) experienced significant economic growth in 2021, with a 7.6% expansion, twice as much as the previous year. The country’s rebound from the COVID-19 pandemic was supported by higher energy prices, which stimulated economic growth across the Gulf region’s oil exporters. However, economic slowdown is expected this year, given the uncertain […]

Prerna
by Prerna
March 3, 2023

Expanding footprint

Andrei Grachev, Managing Partner of DWF Labs, expressed that the company’s primary objective is to invest in and support innovative entrepreneurs in the web3 field. Therefore, partnering with DMCC and its Crypto Centre is a significant move for them as they expand their reach in Dubai and globally. The DMCC ecosystem provides a robust pool […]

Prerna
by Prerna
March 3, 2023

50 STARTUPS

DWF Labs aims to invest in 50 startups that operate in the web3 sector, with additional funding opportunities for top-performing companies and a $500,000 investment for the most outstanding business in the cohort. DWF Labs is a member of the broader Digital Wave Finance (DWF) platform, one of the world’s largest high-frequency cryptocurrency trading entities. […]

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