Tag: latest updates
EU Launches Investigation into TikTok for Child Safety and Ad Transparency
The European Union (EU) has initiated a formal investigation into popular social media platform TikTok, focusing on concerns related to child safety measures and transparency in advertising. This move comes as part of the EU’s ongoing efforts to safeguard...
Rare Red-Footed Booby Sighted in UAE, Marks 7th Occurrence in 45 Years
A seldom-seen red-footed booby, a rare avian species, has been observed in the United Arab Emirates (UAE) – a phenomenon occurring only for the seventh time in the past 45 years. This infrequent event has stirred excitement among ornithologists and bird e...
Teen Triumphs Over Life-Threatening Brain Tumor
A 13-year-old boy has emerged victorious in his battle against a severe and life-threatening brain tumor. The young patient, whose identity is being protected for privacy reasons, underwent a series of advanced medical treatments at a leading healthcare f...
Cybersecurity Advancements via Blockchain Integration
Cybernetics, a pioneer in technological innovation, is revolutionizing cybersecurity solutions by incorporating a robust blockchain ecosystem. This strategic move aims to enhance the overall security landscape and address the escalating challenges posed b...
Saudi Tadawul’s Three-Year Surge Raises Over $100 Billion
Saudi Arabia’s stock exchange, Tadawul, has successfully listed 120 companies in the past three years, resulting in an impressive financial milestone of over $100 billion raised. The Chief Executive Officer (CEO) of Tadawul confirmed this noteworthy achie...
UAE Secures Fourth Spot Globally in Islamic Finance: CBUAE
The Central Bank of the UAE (CBUAE) has revealed that the United Arab Emirates (UAE) now holds the esteemed position of the world’s fourth-largest Islamic finance market. This significant development underscores the nation’s prominence in the global Islam...
Finance Giants Propel UAE Real Estate with Cross-Border Payment Options
UAE’s real estate sector is experiencing a significant upswing, fueled by leading financial institutions facilitating cross-border payments for global property investors. This development emerges as a pivotal force, reshaping investment dynamics and expan...
DIFC Explores Future Finance Trends
The Dubai International Financial Centre (DIFC) is actively exploring and embracing the future landscape of finance, positioning itself as a key player in the evolving industry. This strategic move aligns with the global shift towards innovative financial...
Virginia Subcommittee Recommends $17,192 Annual Allocation for State’s Blockchain and Cryptocurrency Commission
A Virginia subcommittee has proposed a modest annual budget of $17,192 for the state’s blockchain and cryptocurrency commission. This recommendation is a measured response, reflecting the subcommittee’s emphasis on fiscal responsibility in the dynamic rea...
Novia Global Expands Presence in Dubai Financial Hub
Global financial services firm, Novia Global, has established its office in the Dubai International Financial Centre (DIFC), marking a strategic move to enhance its footprint in the region. The DIFC, renowned for its robust regulatory framework and financ...
Retail Summit 2024 Unveils Cutting-Edge Innovations
Retail enthusiasts and industry leaders are gearing up for the highly anticipated Retail Summit 2024, where groundbreaking innovations in the sector will take center stage. The summit promises to showcase the latest advancements in retail technology, offe...
GCC Shisha Market Projected to Hit AED 6,322.9 Million by 2032
The Gulf Cooperation Council (GCC) is witnessing a substantial surge in the shisha tobacco market, with projections indicating a substantial financial milestone by the year 2032. According to the latest report from Future Market Insights (FMI), the GCC Sh...
Photography Legends Converge at Xposure 2024 in UAE
Celebrating photographic excellence, Xposure 2024, hosted in the UAE, features 400 renowned global photographers. This year’s event highlights diverse perspectives, from Australia’s outback to the corridors of the US White House. The annual Xposure festiv...
Dubai Airport Records 87 Million Passengers in 2023: Statement by Sheikh Ahmed
Dubai, 19th February 2024 – Dubai International Airport has successfully managed the transit of 87 million passengers throughout the year 2023, according to a statement by Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Airports. The announcement und...
NASSCOM Roundtable Explores Generative AI Impact on Indian IT Growth
Key leaders and experts in the Indian IT sector convened at the recent NASSCOM roundtable to delve into the transformative potential of generative AI in shaping the industry’s future. The event focused on the pivotal role that AI technologies are expected...