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Foreign ministers from the United Arab Emirates (UAE) and South Korea convened on Sunday to discuss the ongoing crisis in Sudan. Sheikh Abdullah bin Zayed Al Nahyan, the UAE’s top diplomat, and his South Korean counterpart, Park Jin, reportedly exchanged views on the political and security developments in the African nation. The meeting, which took place in Abu Dhabi, UAE, comes amidst heightened international concern over Sudan’s […]

Asian News by Media-Outreach

SHANGHAI, CHINA – Media OutReach Newswire – 10 April 2024 – The 32nd Shanghai International Electric Power Equipment and Technology Exhibition (EP Shanghai 2024) and the Shanghai International Energy Storage Technology Application Expo (ES Shanghai 2024) are proud to announce their global expansion strategy by participating as a Media Partner in the prestigious Middle East Energy (MEE 2024) exhibition. This collaboration is a significant step in the […]

Asian News by Media-Outreach

HONG KONG SAR – Media OutReach Newswire – 10 April 2024 – On the path to recovery, Vietnam’s seafood exports reached nearly USD 2 billion in the first quarter of 2024, increasing 8 percent year on year, during which the US, Japan and China were the largest buyers, according to Vietnam Association of Seafood Exporters and Producers (VASEP). The country is forecasted to earn USD 9.5 billion […]

Peer to Peer

Cryptocurrency exchange Crypto.com has achieved a significant milestone in its global expansion plans after receiving a full operational license from Dubai’s Virtual Assets Regulatory Authority (VARA). This approval makes Crypto.com’s Dubai subsidiary, CRO DAX Middle East FZE, the first fully licensed entity authorized to handle both fiat and crypto currencies within the United Arab Emirates (UAE). The development comes after Crypto.com underwent a multi-stage approval process established […]

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Peer to Peer

Cryptocurrency exchange Crypto.com has secured a vital permit from Dubai’s Virtual Assets Regulatory Authority (VARA), paving the way for its debut in the Middle Eastern nation. Notably, this launch will cater exclusively to institutional investors. The full operational approval signifies the culmination of a multi-stage process for Crypto.com. In June 2022, the exchange received provisional approval under VARA’s MVP (Minimum Viable Product) licensing program. This initial license […]

1arabia updates

The United Arab Emirates (UAE) extended a helping hand to the Philippines in the wake of a deadly landslide triggered by heavy rainfall in Davao de Oro province. The disaster struck the Elizalde district, leaving a trail of destruction and displacing thousands of residents. According to a statement released by the Emirates News Agency (WAM) on April 3, 2024, the UAE distributed food supplies to assist those […]

Latest Updates

On Tuesday evening, a wave of unease rippled through UAE residents subscribed to Du mobile services. Many users reported experiencing issues with their network connectivity, leaving them unable to seamlessly utilize applications on their devices. The troubles began around 7:00 PM, as recounted by Aman D., a resident of JVC. D. detailed his struggle to stream music on YouTube across both his phone and television. His concerns […]

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1arabia updates

The Sharjah Sports Council has taken a significant step towards fostering athletic excellence within the Emirate by launching the Sports Excellence Leadership Programme. This program, unveiled on March 29, 2024, aims to recognize and empower sports clubs, institutions, and individuals who are making a positive impact on Sharjah’s sporting landscape. The initiative highlights Sharjah’s commitment to nurturing a robust sporting infrastructure. By acknowledging and supporting high-performing entities, […]

Biz Tech

In the dynamic world of forex trading, the quest for the best trading app in UAE becomes paramount for advanced-level traders. The UAE, with its strategic financial position, hosts a vibrant community of traders seeking innovative, user-friendly, and efficient trading platforms. This article aims to compare leading trading apps in the UAE, focusing on their key features, usability, and performance insights. Among the contenders, HFM Trading App […]

1arabia updates

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 […]

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Latest Updates

The United Arab Emirates (UAE) is seeking to initiate separate trade negotiations with the European Union (EU), according to informed sources, as discussions involving the entire Gulf Cooperation Council (GCC) bloc appear to have stalled. The GCC, a six-nation economic and political alliance that includes the UAE, Saudi Arabia, Bahrain, Qatar, Oman, and Kuwait, has been engaged in on-again, off-again free trade agreement (FTA) talks with the […]

Peer to Peer

Cryptocurrency enthusiasts in the United Arab Emirates (UAE) can now breathe a sigh of relief. CoinMENA, a leading virtual asset service provider licensed in Dubai and Bahrain, has joined forces with Network International, a regional powerhouse in digital commerce solutions. This strategic partnership aims to simplify the process of converting fiat currency (like dirhams) into cryptocurrency, a hurdle often referred to as an “onramp.” Previously, UAE residents […]

Financial Insights

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. […]

Asian News by Media-Outreach

EPiC 2024 Grand Finale on 26 April 2024 features US$45 million investment to be arranged, up to US$5 million in HKSTP venture funding, US$240,000 in cash prizes, plus partnership opportunities This year’s finale features 80% of semi-finalists coming from 16 overseas markets All semi-finalists will have access to unrivalled benefits and opportunities provided by HKSTP’s innovation ecosystem HONG KONG SAR – Media OutReach Newswire – 18 March […]

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Asian News by Media-Outreach

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 […]

Latest Updates

Dubai’s diamond industry continues its impressive growth trajectory, solidifying its position as a global leader in the diamond trade. According to the Dubai Multi Commodities Centre (DMCC), the total value of rough and polished diamonds traded in the emirate reached a staggering $38.3 billion in 2023. This represents a 2% increase year-on-year and a remarkable 11% compound annual growth rate over the past five years. This achievement […]

Latest Updates

The prospect of an extended Eid Al Fitr holiday in April is triggering a surge in travel demand among UAE residents. With whispers of a potential nine-day break circulating, residents are scrambling to secure getaways, with all-inclusive packages proving particularly popular. Eid Al Fitr, the “Festival of Breaking Fast,” marks the end of the holy month of Ramadan and is a major holiday in the Islamic world. […]

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Featured

Arabian Post Special The news of Saudi Aramco and Abu Dhabi National Oil Company (Adnoc) exploring investments in the US liquefied natural gas (LNG) sector signifies a potential power shift with significant ramifications for established players in the business and future market dynamics. This foray into US LNG comes at a time when American banks are increasingly hesitant to finance domestic LNG producers due to environmental concerns. […]

Columns

James M Dorsey The Gaza war has turned Palestine into a lightning rod for mounting frustration and discontent in Arab autocracies such as Egypt, Jordan, Tunisia, Algeria, and Morocco. Concerned that the war could mobilise segments of civil society, Saudi Arabia and the United Arab Emirates where any form of public protest is banned, have cracked down on expressions of solidarity with Gaza, including the sporting of […]

Latest Updates

Dubai, UAE, March 6, 2024 – Bybit Web3, the cryptocurrency exchange’s arm dedicated to the decentralized web, announced a landmark collaboration with Solana, one of the fastest-growing blockchain ecosystems. This partnership will culminate in an exclusive livestream roundtable titled “Revolutionizing the Blockchain: Bybit and Solana Ecosystem’s Visionary Web3 Roundtable.” Scheduled for March 13, 2024, the online event promises an in-depth exploration of the innovations, growth, and future […]

Latest Updates

NewTech Insurance Brokers, a prominent insurance brokerage firm in the United Arab Emirates (UAE), has reported significant achievements in client retention and business performance. The company boasts a remarkable 90% client renewal rate, while also experiencing a surge of over 35% in key performance indicators (KPIs) for the fiscal year 2023. This impressive client retention rate signifies a high level of customer satisfaction with NewTech’s services. Clients […]

Latest Updates

  The United Arab Emirates’ (UAE)  announcement to host a pre-COP29 Climate Finance Meeting has stirred mixed reactions. The move comes on the heels of a successful COP28 in Dubai, which saw a landmark agreement signaling the “beginning of the end” for the fossil fuel era.  The urgency surrounding climate finance is undeniable. Developed nations have consistently fallen short of their $100 billion annual commitment to support […]

Latest Updates

Residents of the United Arab Emirates (UAE) bundled up for a chilly start to the weekend as the country experienced its coldest temperatures of the year so far. On March 2nd, the mercury dipped to a bone-chattering 2.3°C in Jais Mountain, Ras Al Khaimah, surpassing the previous day’s low of 2.4°C recorded in the same location. This significant drop in temperature marks a shift from the recent […]

Latest Updates

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, recently reviewed plans for a unique building project: the “Billion Meals Endowment” tower. This AED 800 million (approximately USD 218 million) project aims to not only provide a new landmark for Dubai’s iconic skyline but also contribute significantly to global hunger relief efforts. The tower, to be […]

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