Tag: UAE
UAE and Saudi collaborate for cryptocurrency
Saudi Arabia and the United Arab Emirates (UAE) have announced plans to issue a cryptocurrency for use in cross-border transactions. This, despite the fact...
Dubai Frame receives one million visitors in 2018
Dubai Frame the 150 m structure that opened in January 2018 has welcomed more than one million visitors.
The structure, designed to resemble a ‘frame’,...
Emirates NBD Boosts 2018 Profit 20%, Beats Estimates
Emirates NBD reported a better-than-expected increase in full-year profit as lending rose and loan loss charges fell at Dubai’s biggest bank.
The state-controlled lender recommended...
Bank of Sharjah Celebrates 45 Years of Achievements
Bank of Sharjah celebrated at the Jumeirah Beach Hotel – Dubai its 45th anniversary and key milestones achieved in the last half decade. As...
Noor Abu Dubai, world’s largest solar power plant begins operations
The Dhs3.2bn project is expected to generate 1,177 MW of energy.
Abu Dhabi’s Department of Energy has begun operations at the world’s largest independent solar power...
2019: The Year of the Data-Driven Digital Ecosystem
By Mohammed Amin, Senior Vice President, Middle East, Turkey and Africa at Dell EMC
It’s that time of year – our planet has made its...
UAE’s Etisalat ties up with firms to develop AI, Blockchain solutions
Future Now, the innovation programme of UAE-based telco Etisalat, has signed agreements with four companies to develop artificial intelligence (AI) and Blockchain solutions. Yitu Technology,...
Dubai’s Pledge of 50 – 9 Projects Revealed
Nine projects revealed by Sheikh Mohammed under ‘Pledge of 50’
A collective of nine projects have been revealed by Sheikh Mohammed bin Rashid Al Maktoum,...
Dubai’s Heart of Europe project sells out 85% of phase one
Dubai developer Kleindienst Group announced that it has sold out 85 per cent of the first phase of its $5bn Heart of Europe project...
Saudi Arabia Plans Red Sea Pact as Gulf Interest in Africa Grows
Saudi Arabia wants to bring several states lining the Red Sea and Gulf of Aden into a bloc to improve trade and maritime navigation,...