July 27, 2023

Exciting Family Adventures and Delectable Delights Await in the UAE

The UAE offers a plethora of exciting activities and culinary delights for families to enjoy together. From thrilling kids’ adventures to mouthwatering dining experiences, there’s something for everyone to cherish. Let’s explore some of the top family-friendly attractions and irresistible meal options available in the UAE. Located on Al Marjan Island in Ras Al Khaimah, […]

July 27, 2023

Rising Infertility Rates in the UAE: Understanding the Causes and Seeking Solutions

Infertility cases in the UAE are witnessing a dramatic surge as an increasing number of couples are seeking assistance from IVF clinics to overcome low sperm count and ovarian reserve problems. The rise in infertility is becoming a concerning health challenge in the Middle East, with studies indicating that 15 percent of men and women […]

July 27, 2023

Weight Loss Drug Ozempic May Cause Stomach Paralysis, UAE Doctors Warn

The popularity of Ozempic, a type 2 diabetes drug that has gained widespread use for weight loss, is facing a serious setback as UAE doctors issue a stark warning about a shocking side effect associated with the medication: stomach paralysis. The drug, which has been hailed for its potential to aid weight loss by suppressing […]

July 27, 2023

US Congressional Committee to Vote on Several Cryptocurrency Bills

This week, the House Financial Services Committee will witness a pivotal moment for the cryptocurrency industry as it prepares to vote on several bills aimed at establishing a regulatory framework for digital assets. The proposed legislation covers a range of issues, from defining the status of cryptocurrencies as securities or commodities to implementing oversight for […]

July 27, 2023

Pre-order for Samsung’s New Foldable Phone Starts; Buyers to Get Dh1,200 Worth of Gifts

Tech enthusiasts in the UAE can now rejoice as pre-orders for Samsung’s highly anticipated fifth-generation Galaxy foldable mobile phones, the Galaxy Z Flip5 and Galaxy Z Fold5, have officially been launched. The pre-orders follow the devices’ grand unveiling in Seoul on Wednesday, generating considerable excitement among consumers eager to experience the latest advancements in foldable […]

July 27, 2023

Kuwait Ministry of Education Announces School Holidays and Education Calendar for 2023-2024

The Ministry of Education in Kuwait has officially released the school holiday and education calendar for the academic year 2023-2024, providing students, parents, and educators with the much-anticipated schedule for the upcoming year. The announcement comes after careful deliberation by education authorities, taking into account various factors such as religious observances, national events, and other […]

July 27, 2023

Gulf Central Banks Raise Key Interest Rates by 25 bps, Mirroring Fed

Most Gulf central banks increased their key interest rates on Wednesday after the Federal Reserve raised rates by an expected quarter of a percentage point, citing still-elevated inflation as a rationale for the latest hike. The Fed raised its rate by 25 basis points (bps) on Wednesday and left the door open to another increase. […]

July 27, 2023

Nasdaq Dubai Welcomes Dar Al-Arkan’s Fourth $600 Million Sukuk Listing

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 […]

July 27, 2023

Dubai Islamic Bank (DIB) Logs 15% Net Profit Growth, Reaching AED 3.1 Billion in H1’23

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, […]

July 26, 2023

RFK Jr. Confirms Recent Bitcoin Purchases; Promises Bitcoin Support if Elected President

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 […]

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