News related to UAE News

Aramco Vice President addresses Aramco’s sustainability initiatives at One Earth Summit

BEIJING, CHINA – EQS Newswire – 15 April 2024 – Musaab Al-Mulla, Aramco Vice President of Energy & Economic Insights, attended the inaugural One Earth Summit held in Hong Kong on March 25th, elaborating on Aramco’s sustainability initiatives. Themed “Planetary Crossroads: Investing in Innovations for a Sustainable Future”, One Earth Summit aims to set science-based targets and mobilize all the necessary capital to empower innovative solutions. Throughout […]

April 16

Business

How to Use a PR Agency in Dubai to Double Your Sales

If you are considering starting a business, you definitely have to handle many responsibilities and wear several hats. Promoting your new business is a crucial yet sometimes neglected task. But if you get services from reliable PR firms in Dubai, you won’t need to bother contacting media organizations and trying to persuade them to publish an article about you. The best part is that you’ll have a […]

April 15

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Diplomatic Efforts Focus on Sudan as UAE and South Korea Meet

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 […]

April 14

EP Shanghai Sets Sights on Global Expansion at Middle East Energy Dubai 2024

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 […]

April 14

Vietnamese Frozen Seafood Producer Secures USD 1.5 Million Export Factoring Facility from Tradewind Finance

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 […]

April 14

Peer to Peer

Crypto Exchange Crypto.com Granted Full Operating License in Dubai

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 […]

April 12

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Peer to Peer

Crypto Giant Lands in Dubai, Targets Institutional Investors

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 […]

April 10

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Emirati Aid Reaches Philippines After Devastating Landslide

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 […]

April 03

Digital Jitters: Du Users Experience Brief Network Disruptions

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 […]

April 03

Sharjah Cultivates Sporting Greatness with Leadership Initiative

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, […]

March 31

Biz Tech

Comparing Leading Trading Apps in the UAE: Key Features and Performance Insights

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 […]

March 26

Abu Dhabi Developer Aldar Gears Up for Growth with Sustainable Sukuk Offering

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 […]

March 23

United Arab Emirates Pushes for Solo Act in Trade Talks with European Union

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 […]

March 19

Peer to Peer

CoinMENA and Network International Team Up for Smoother Fiat Deposits

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 […]

March 19

Financial Insights

Adapting to the Digital Evolution: Strategies for Online Trading in the UAE

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. […]

March 19

HKSTP Unveils Top 74 Global Startups Confirmed for EPiC 2024 Grand Finale

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 […]

March 18

Bay of Lights’ New Partnership with Annual Investment Meeting Congress Paves Way for Cambodian-Middle East Economic Ties

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 […]

March 16

Dubai Diamonds Trade Value Reaches $38.3 Billion in 2023

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 […]

March 15

Long Eid Break Spurs Travel Boom for UAE Residents

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. […]

March 14

Featured

Saudi, UAE joint move signals churning in global LNG market

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. […]

March 11

Columns

Gaza war turns Palestine into a potential Middle Eastern lightning rod

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 […]

March 08

Bybit and Solana Join Forces to Discuss Web3’s Future in Live Roundtable

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 […]

March 07