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Richard Teng, CEO of the world’s largest cryptocurrency exchange Binance, recently embarked on a visit to South Korea. The trip’s primary objective was to engage in discussions with South Korean financial authorities regarding market access for Binance. This move comes after Binance’s attempt to enter the South Korean market in 2022 through the acquisition of domestic exchange Gopax. The discussions between Teng and South Korean officials likely […]

Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior for the United Arab Emirates, visited the families of two deceased Emiratis on Monday. Juma Al Hammadi, a soldier who died in the line of duty, was honored by Sheikh Saif at his Sharjah residence. The Sheikh expressed his deepest sympathies to the Al Hammadi family, commending Juma’s commitment and sacrifice to his country. […]

The Abu Dhabi Police is undergoing a significant transformation, with the creation of specialized units designed to tackle emerging security challenges and enhance public safety. This restructuring aims to bolster the force’s capabilities and cater to the Emirate’s evolving security landscape. The new framework emphasizes targeted expertise by establishing dedicated units focused on cybercrime, counter-terrorism, and artificial intelligence (AI) integration. The cybercrime unit will spearhead efforts to […]

PureHealth, the leading healthcare platform in the Middle East, has unveiled a new initiative designed to empower the next generation of Emirati healthcare professionals. The Emirati Development Center, established in accordance with the Abu Dhabi Economic Vision 2030’s Emiratisation goals, offers student and graduate trainee programs. These programs cater to Emirati undergraduates and graduates pursuing degrees in clinical fields, pharmaceuticals, nursing, and healthcare management. By providing a […]

The Ministry of Human Resources and Emiratisation (MoHRE) and Abu Dhabi Global Market (ADGM) have joined forces to simplify the process for companies on Al Reem Island seeking to transfer their work permits and licenses. This collaboration, formalized through a Memorandum of Understanding (MoU), aims to enhance the business environment in Abu Dhabi’s capital. Khalil Al Khoori, MoHRE’s Under-Secretary for Human Resources Affairs, emphasized the MoU’s significance […]

The Abu Dhabi School of Management (ADSM), a leading institution affiliated with the Abu Dhabi Chamber of Commerce and Industry (ADCCI), has announced the launch of a groundbreaking Bachelor of Science in Management (BScM) program with a special focus on Artificial Intelligence (AI). This initiative, set to begin in September 2024, aligns with ADSM’s vision of becoming a regional hub for innovation, entrepreneurship, and management education. The […]

The Abu Dhabi Judicial Department (ADJD) is embarking on an initiative to modernize its handling of endowment wills and inheritance procedures. This project, currently in its development phase, aims to introduce a streamlined mechanism that will enhance efficiency and transparency within the emirate’s judicial system. The new system is anticipated to simplify the processes involved in managing both endowment bequests, charitable donations designated in perpetuity, and inheritance […]

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The Abu Dhabi Police General Headquarters recently held an introductory lecture focused on familiarizing event organizers in Mafraq with the C7 system. The program, titled “C7 System: An Introduction for Event Organizers,” aimed to equip Mafraq’s event planning community with a comprehensive understanding of the C7 system and its functionalities. The lecture, delivered by specialists from the Abu Dhabi Police, shed light on the core functionalities of […]

Dubai’s iconic skyline, forever chasing the clouds, is witnessing a new kind of gold rush. This time, however, the prospectors aren’t panning for precious metals, but for prime real estate. High-net-worth individuals (HNWIs) and foreign investors are flocking to Dubai and its Emirati neighbor, Abu Dhabi, drawn by a unique allure: luxury properties priced competitively against the global market. The trend isn’t merely a trickle; it’s a […]

The media landscape of Abu Dhabi is undergoing a significant transformation. In his capacity as the Emirate’s Ruler, His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, signed a law establishing the Abu Dhabi Media Office (ADMO). This new entity streamlines government communication and fosters a more unified media ecosystem within the Emirate. The ADMO replaces the existing Abu Dhabi Government Media […]

The media landscape of Abu Dhabi is undergoing a significant transformation with the establishment of the Abu Dhabi Media Office (ADMO), announced today. This move, spearheaded by His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi, signifies a commitment to a more unified and strategic approach to media within the emirate. The ADMO replaces the Abu Dhabi Government Media […]

The Abu Dhabi National Exhibitions Company (ADNEC) has kicked off registration for businesses eager to participate in the premiere edition of the Abu Dhabi International Food Exhibition (ADIFE). Scheduled for November 26th to 28th, 2024, at the Abu Dhabi National Exhibition Centre, the event promises to be a culinary coming-of-age for the region. ADIFE is envisioned as a launchpad for connecting international and local industry leaders within […]

Abu Dhabi’s real estate giant, Aldar Properties, is revving its engine for expansion with plans to issue a sustainability-focused Islamic bond, or sukuk. This financing strategy aligns with the company’s commitment to environmental responsibility while bolstering its growth objectives. News of the potential green sukuk issuance comes after Aldar successfully launched its debut offering in this category last year, raising $500 million. The positive investor response, with […]

The United Arab Emirates (UAE), a nation known for its gleaming skyscrapers and rich cultural tapestry, also fosters a vibrant Christian community. While Islam is the predominant religion, Christianity has found a foothold, with adherents practicing their faith in a multitude of ways. This diversity in worship styles reflects the richness of the Christian tradition and the Emirati spirit of inclusivity. One can find traditional liturgical services […]

Arabian Post Special The Indian digital entertainment market is experiencing a meteoric rise, capturing the attention of international investors like the Abu Dhabi Investment Authority (ADIA). This surge in interest can be attributed to a confluence of factors, making India a lucrative battleground for digital entertainment dominance. Firstly, India boasts a massive and increasingly mobile-first population. With over 1.3 billion people, India has the world’s second-largest population, […]

Emirates Global Aluminium (EGA), the world’s leading producer of premium aluminium, announced a significant move towards a more sustainable future with the acquisition of Leichtmetall, a German aluminium recycling firm. This strategic acquisition, valued at an undisclosed amount, signifies EGA’s commitment to capturing a growing share of the low-carbon aluminium market. The agreement, finalized on March 21, 2024, grants EGA full ownership of Leichtmetall, a European leader […]

The Sharjah Research, Technology and Innovation Park (SRTI Park) announced a groundbreaking collaboration with Maxbyte Technologies, an Abu Dhabi-based industrial deep tech company, to establish a state-of-the-art Industry X.0 Centre of Excellence. This initiative signifies a significant stride towards solidifying the region’s position as a frontrunner in embracing the next industrial revolution. The Industry X.0 Centre of Excellence, envisioned as a vanguard hub for Industry X.0 adoption, […]

Abu Dhabi’s industrial sector is firing on all cylinders, with a staggering 51% increase in new industrial licenses issued in 2023 compared to the previous year. This surge, reported by the Abu Dhabi Department of Economic Development, reflects the emirate’s ambitious plans to diversify its economy and transition away from a reliance on oil. The growth aligns with the Abu Dhabi Industrial Strategy, launched in 2022 by […]

Abu Dhabi’s clean energy champion, Masdar, has struck a deal to acquire a 50% stake in Terra-Gen, a leading US renewable energy producer. This strategic move strengthens Masdar’s foothold in the booming American clean energy market and bolsters Terra-Gen’s growth trajectory. The acquisition, announced on March 19, 2024, sees Masdar acquiring the stake from Energy Capital Partners (ECP), a prominent investor in energy transition projects. ECP will […]

The United Arab Emirates (UAE) has established itself as a leading global hub for finance, innovation, and technology. Amidst this rapid digital evolution, online trading in UAE has gained significant momentum, offering unparalleled opportunities for investors. However, navigating this digital landscape requires strategic foresight and adaptability. This article aims to provide advanced level forex traders with a roadmap to thriving in the UAE’s dynamic online trading environment. […]

Arabian Post Special The sands of the Middle East are shifting, not just geopolitically, but financially as well. The region, long known for its vast oil reserves, is witnessing a new kind of power emerge – the growing influence of sovereign wealth funds (SWFs). These state-owned investment vehicles, fuelled by hydrocarbon wealth, are transforming the Middle East into a significant player on the global investment scene, potentially […]

SIHANOUKVILLE, CAMBODIA – Media OutReach Newswire – 16 March 2024 – Bay of Lights development, Cambodia’s burgeoning financial and tourism beacon, is proud to announce its groundbreaking strategic partnership with the United Arab Emirates’ premier investment platform, the Annual Investment Meeting (AIM) Congress. This partnership marks a pivotal step in bolstering the growing ties between Asia and the Middle East and is set to ignite a dynamic […]

The oil-rich Middle East is poised for a historic moment in its financial landscape. Three sovereign wealth funds in the region are rapidly approaching the coveted $1 trillion mark in assets under management, a testament to the recent surge in oil prices and strategic investments. This development could solidify the Middle East’s position as a major player in the global investment arena. Leading the charge is Saudi […]

James M Dorsey This year’s US presidential elections are not the only potential hurdle confronting President Joe Biden’s multi-pronged vision for a Middle East peace once the Gaza war ends. So is Israeli intransigence, the prospect of a long-term insurgency in post-war Gaza, and increasing Saudi Chinese technological cooperation. The Biden administration is pushing for a multi-pronged comprehensive Middle East deal that would not only end the […]

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