The UAE has always been at the forefront of embracing new technologies and innovations, and fintech is no exception. In recent years, the country has witnessed a surge in the number of fintech startups, which are redefining the way people access financial services. Fintech has been a game-changer for the traditional banking sector, forcing it […]
The Central Bank of the United Arab Emirates (CBUAE) is the primary financial regulatory authority in the country. Established in 1980, it is responsible for overseeing and supervising the banking industry, monetary policy, and currency issuance. The role of the CBUAE is critical in shaping the country’s economy, and it plays a vital role in […]
Introduction Dubai is known for its opulence, and it is not uncommon for people to forget their valuable belongings in taxis and other public transportation. However, in a surprising turn of events, some honest taxi drivers have returned forgotten items that were worth a fortune. In a recent incident, diamonds worth Dh1 million and cash […]
The United Arab Emirates (UAE) has become one of the most prosperous economies in the world, largely due to the growth of its banking sector. The banking industry in the UAE has played a vital role in the country’s economic development, contributing significantly to the growth of trade and commerce, tourism, and infrastructure. In this […]
The Abu Dhabi Global Market (ADGM) Registration Authority is seeking feedback on its proposed legislative framework for distributed ledger technology (DLT). The ADGM is an international finance center within the United Arab Emirates (UAE) that has a bespoke licensing regime for virtual asset service providers supervised by its financial regulator. The proposed “DLT Foundations Regulations […]
The UAE has recently announced a new law that allows corporate tax exemptions for public benefit entities. Read on to know more about how this will impact the country’s social responsibility initiatives.
The UAE has launched a global competition for sustainability-focused tech start-ups, paving the way for innovative solutions to address climate change and other sustainability challenges.
Dubai has recently increased its financial allocation for social benefits for Emirati people of determination. This article explores the impact of this decision and its significance in creating an inclusive society.
LG has announced a range of exciting offers for its latest SoundBar SC9S, which is perfectly designed to complement the LG OLED C2 TVs. This article will explore the features of the new SoundBar and the offers available for customers.
The ‘1 Billion Meals Endowment’ campaign has successfully raised AED1.075 billion in just four weeks, bringing hope and relief to millions of vulnerable individuals and families in need across the UAE.