People will be subject to imprisonment and a fine of up to AED 500,000, or one of the two, if they deal in virtual currencies that are not officially recognised in the UAE |
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| The ‘Safer’ tanker contains more than one million barrels of oil, and has not been maintained since 2015. Any leakage could threaten regional marine life, fisheries, and biodiversity
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| The hiring spree in the region, however, could see a bit of tapering off in the coming months as industry executives anticipate market sentiments getting impacted due to concerns on macroeconomic factors
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| The French oil company will help increase production at the world’s largest natural gasfield
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| Saudi Telecom Company (STC) wants to boost its capital to $13.33 billion by offering bonus shares to fund its regional expansion
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| An agreement has just been signed that could see delivery of 35 electric vertical take-off and landing aircraft within four years
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Response Plus Holdings wants to be a one-stop-shop in all aspects of healthcare services |
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| Data from the American Automobile Association (AAA) shows a surge in fuel costs across the country despite measures to lower prices
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| The operation will use vegetable oil which eliminates more than 80 percent of net carbon dioxide emissions
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| Best value for money passport goes to the United Arab Emirates with a cost of just AED50 ($13.61) and a mobility score of 162
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| The Opec Fund for International Development will provide immediate assistance to countries such as Egypt, Jordan, Lebanon, Morocco and Tunisia
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| Hong Kong maintains its position as world’s most expensive city due to higher prices and stronger currency over the past year
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Global markets are all in the red with slowing economy, rising inflation, and radical policy tightening. Is there somewhere to hide? It may be time to reconsider the case for Chinese equities. |
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| It’s time to stop making excuses for poor management that add to the legacy issues of toxicity, and to evolve into a more mindful industry
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| Employers are offering increasingly creative and comprehensive benefits packages to retain the best employees as regional comptition heats up
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Comparatively nascent to the startup ecosystem, the UAE is less competitive than North America with more chances of success |
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