Tag: latest updates
UAE Set to Exit FATF Grey List: Implications for Businesses
The United Arab Emirates (UAE) is on the verge of being removed from the Financial Action Task Force (FATF) grey list, signaling a significant development for businesses operating within the country. The FATF, an international body that combats money laun...
Vincent Maher Named Global CEO of True I/O
True I/O, a leading technology firm, has appointed Vincent Maher as its new Global CEO. The decision marks a strategic move by the company to enhance its leadership and steer its global operations to new heights. Maher, a seasoned executive with a proven...
Luxury Desert Retreat Unveiled in Dubai, Inspired by ‘Dune’
The International Space Tourism Organization (ISTO) has unveiled a lavish villa in Dubai, drawing inspiration from the iconic movie ‘Dune.’ The opulent retreat promises an immersive experience, blending luxury with the mystique of the desert landscape. Ne...
Dubai Entrepreneur Darshan Hiranandani Interrogated in CBI Cash-for-Query Probe
Dubai-based businessman Darshan Hiranandani faced questioning by the Central Bureau of Investigation (CBI) in connection with an alleged cash-for-query scandal, according to a recent report. The CBI, renowned for its diligence in investigating white-colla...
Thailand Expands Visa Waiver for Multiple Nations, Prime Minister Announces
Thailand’s Prime Minister declared a substantial broadening of visa exemptions, revealing a strategic move to enhance international relations and tourism. The announcement, made during a press conference held earlier today, outlined the government’s inten...
Jordan Takes Helm in Arab Economic, Social Council Leadership
Jordan has recently taken on the presidency of the Arab Economic, Social Council, marking a pivotal moment in regional collaboration. This development signals a shift in leadership dynamics and holds potential implications for economic and social initiati...
Dubai’s Strategic Investment in Future Business Infrastructure
Dubai, a global business hub, is intensifying efforts to enhance its business infrastructure and capacity for future development. The city’s commitment to fostering a conducive environment for businesses to thrive has become increasingly evident through s...
UAE Corporate Tax Data Aids SME Loan Access: Insights from Raheem Ahmed, RAKBank
Recent revelations from Raheem Ahmed, a spokesperson from RAKBank, shed light on the valuable role UAE corporate tax documentation plays in facilitating Small and Medium Enterprises (SMEs) access to loans. Ahmed emphasized the positive impact this informa...
OQ8 Refinery Addresses Post-COP28 Oil Production Needs – CEO Interview
Oman and Kuwait’s joint venture, the OQ8 refinery, emerges as a strategic player in meeting the heightened demand for efficient oil output post-COP28. The CEO sheds light on the refinery’s pivotal role and future plans in an exclusive interview. Amidst th...
Guinea Secures $4 Billion Funding from UAE for Development Initiatives
Guinea has successfully secured a substantial financial commitment of $4 billion from the United Arab Emirates (UAE) to bolster its ongoing development projects. The funding, a testament to the growing collaboration between the two nations, is earmarked f...
UAE Embraces Freelance Revolution
Embracing flexibility: UAE’s growing freelance community redefines work norms. The traditional 9 to 5 work culture is witnessing a transformation in the United Arab Emirates (UAE) as a dynamic freelance community gains prominence. This shift challenges co...
UAE Unveils Innovative Payment Card: Jaywan Explained
The United Arab Emirates (UAE) has recently introduced a groundbreaking payment card named Jaywan. This novel financial instrument is set to redefine the country’s banking landscape and revolutionize the way residents conduct transactions. Jaywan, the lat...
London Biz School Inaugurates Research Symposium in Dubai
London Business School successfully launched its first Research Symposium in Dubai, marking a significant expansion of its academic reach. The event, held at a prestigious venue in the heart of the city, brought together scholars, industry experts, and st...
Cryptocurrency Laundering Decreased 30% in Recent Year, According to Chainalysis
Cryptocurrency money laundering witnessed a significant decline of 30% in the past year, as reported by blockchain analysis firm Chainalysis. The data indicates a positive trend in combating illicit activities within the digital asset space. Chainalysis,...
Luxury Bentley Home Interiors in Pioneering Villa Community
An exclusive villa community unveils pioneering design collaboration with Bentley Home interiors. This marks a global first, setting new standards in luxury living. Residents will experience opulent living spaces crafted by Bentley’s renowned design exper...