by Alifiya H Ujjainwala | October 14, 2024 | Industry, News, Technology, Trending Now
Gitex Global kicks off today and people are flocking from various parts of the world to see what the event is offering. It’s important to understand one thing: during peak hours, the smooth flow of traffic can quickly turn into a chaotic nightmare, testing the...
by Jennifer George | October 14, 2024 | Central Banks, Cryptocurrencies, Currencies, Economy, News
On October 14, AED Stablecoin LLC secured in-principle approval from the Central Bank of the UAE to launch and establish its stable digital currency, AE Coin. Under the “Payment Token Services Regulation” (Circular No. 2/2024), issued on June 7, 2024, the Central Bank...
by Jennifer George | October 13, 2024 | Coverage, Cryptocurrencies, Currencies, Economy, Financial Services, Fintech, Gitex 2024, Industry, News, Startups, Technology
GITEX GLOBAL, the world’s largest tech and startup event, takes center stage in the UAE next week with this year’s 44th edition destined to redefine the world’s digital economy and AI ecosystem. Held at Dubai World Trade Centre (DWTC) from 14-18 October, the...
by Jibran Munaf | October 13, 2024 | News
Sean McGovern, one of Ireland’s most wanted fugitives and a suspected high-ranking member of the Kinahan crime cartel, was arrested in Dubai on October 10 following an international manhunt. The arrest was made possible after an Interpol Red Notice was issued to...
by Jibran Munaf | October 13, 2024 | News
Dubai’s Roads and Transport Authority (RTA) will open a new two-lane bridge on Al Khail Road this Sunday, October 13, as part of the Al Khail Road Development Project. The 610-meter-long bridge, located between the intersection of Al Meydan Street and Ras Al Khor...
by Jibran Munaf | October 12, 2024 | Regulations
Dubai’s Virtual Assets Regulatory Authority (VARA) has imposed penalties on seven entities for operating without the necessary licenses in the emirate, accompanied by cease and desist orders. The fines, which can reach up to AED100,000 (approximately $27,000), are...
