Nasdaq Dubai, the international financial exchange in the Middle East, celebrates the successful listing of $600 million Sukuk issued by Dar Al-Arkan Sukuk Company Ltd, Saudi Arabia’s prominent publicly listed residential property developer. The latest listing marks Dar Al-Arkan’s fourth sukuk listing on Nasdaq Dubai, further reinforcing the exchange’s position as a leading platform for […]
Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE, has reported impressive financial results for the first half of 2023, showcasing a remarkable 15 percent year-on-year growth in net profit, reaching AED 3.111 billion. The bank attributes its success to a combination of rising core revenues, effective cost management, and controlled impairments, […]
In a Twitter Spaces conversation with The Wolf of All Street podcast host Scott Melker, Robert F. Kennedy Jr. confirmed on Wednesday that he does own bitcoin (BTC), resolving previous disputes about his cryptocurrency holdings recorded in a financial disclosure form. During the discussion, Kennedy revealed his recent purchase of bitcoin, stating, “Right after the […]
Dubai, UAE – In a groundbreaking effort to bolster water safety and prevent drowning incidents, UAE beaches will soon be equipped with advanced artificial intelligence-based technology. Water safety and first aid company, Blueguard, is collaborating with a technology provider to implement this innovative solution, which will empower lifeguards to efficiently monitor swimmers and identify potential […]
Dubai, UAE – Arnav Kedia, a Grade 11 student at GEMS World Academy in Dubai, has taken a remarkable step towards promoting sustainability and environmental awareness among young people. Arnav’s innovative mobile application employs gamification to encourage his peers to embrace a more sustainable way of living, making it an essential tool in the city’s […]
On Tuesday, the Dubai government made an exciting announcement, revealing its active exploration of the application of Common Law within its Free Zones. This strategic move aims to elevate the city’s business environment, enhance its economic appeal, and boost overall efficiency. In a tweet, the Dubai Media Office highlighted that the potential adoption of Common […]
EasyLease, the leading Mobility Solution company and a subsidiary of Abu Dhabi-based International Holdings Company (IHC), has announced its financial results for the first half of 2023, ending on 30th June. The company reported AED 139 million in revenue, marking a substantial 37.5 percent year-on-year (YoY) increase over H1 2022. Additionally, EasyLease’s gross profit saw […]
IIT Kharagpur, one of India’s premier engineering institutes, has undertaken a comprehensive review and update of its undergraduate and postgraduate curricula in accordance with the National Education Policy (NEP) 2020. Embracing the NEP’s vision and principles, the institute aims to offer a more interdisciplinary and flexible learning experience for its students. As part of this […]
On the second day of the UN Food Systems Summit +2 Stocktaking Moment, Mariam bint Mohammed Almheiri, the Minister of Climate Change and the Environment, showcased the United Arab Emirates’ (UAE) commitment to providing sustainable food systems and agriculture. The summit, held in Rome, brought together world leaders, policymakers, and thinkers to promote collective climate […]
The recent crackdown on password sharing by streaming giant Netflix has left many UAE subscribers contemplating their options and reconsidering their streaming preferences. The move, which aims to restrict account access to people living within the same household, has raised questions about the platform’s family-friendliness and content diversity. For South African expat Sarah Tiry, who […]