Business & Money | Tuesday 9 July, 2024 8:24 am

Aafaq Islamic Finance PSC Partners with Dubai Land Department to Oversee Real Estate Escrow Accounts

Aafaq Islamic Finance PSC has entered into a strategic partnership with the Dubai Land Department (DLD) through the signing of a Memorandum of Understanding (MoU). This agreement designates Aafaq as an authorized financial institution to provide escrow services, joining a select group of accredited ...

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Business & Money | Tuesday 9 July, 2024 8:05 am

Abu Dhabi Securities Exchange (ADX) Welcomes the Listing of Lunate Capital LLC’s Chimera JP Morgan Global Sukuk ETF

Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchanges in the world, announced today the listing of the Chimera JP Global Sukuk ETF.  This new ETF offers investors access to a diversified portfolio of liquid, USD-denominated, investment-grade Sukuks from sovereign,...

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Technology & IT | Tuesday 9 July, 2024 8:02 am

du launches Future X, a graduate trainee program to forge the next generation of digital innovation leaders

du, from Emirates Integrated Telecommunications Company (EITC), today announced the launch of Future X, an innovative graduate trainee program for UAE nationals crafted to nurture and convert fresh talent into outstanding professionals. Future X represents du’s commitment to digital excellence,...

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Tourism & Hospitality | Tuesday 9 July, 2024 7:30 am

Thakher Development Company CEO: Makkah’s Hospitality Sector Sustains its Strong Performance During Hajj Season 1445

Thakher Development Company’s CEO, Eng. Abdulaziz bin Saleh Al-Aboudi, announced that the hospitality sector in the Holy City of Makkah sustained its strong performance during Hajj season 1445, with occupancy rates in Thakher Makkah project hotels reaching 100% for the second consecutive...

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Sports | Tuesday 9 July, 2024 7:05 am

South Korea’s T1 wins Esports World Cup League of Legends competition in epic all-Asia showdown

A capacity crowd inside the SEF Arena enjoyed another epic spectacle in the Esports World Cup League of Legends competition on Sunday as South Korea’s T1 overcame Top Esports of China in a sensational all-Asia showdown.  Adored by millions worldwide, League of Legends is the...

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Business & Money | Monday 8 July, 2024 10:56 am

Financial sector aspirations 2024: Launching digital banks, listing 24 firms

The Financial Sector Development Program (FSDP) announced in its annual report for 2023, the aspirations of Saudi Arabia’s financial institutions for 2024, including Saudi Central Bank (SAMA), Capital Market Authority (CMA). SAMA’s Aspirations for 2024: - keeping pace with best...

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Business & Money | Monday 8 July, 2024 10:38 am

DEWA attracts projects worth AED 43.6 billion through IPWP model over 10 years

Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has emphasised that DEWA works in line with the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai a global hub for the...

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Business & Money | Monday 8 July, 2024 10:26 am

Petroleum Products Trading Regulatory Committee in Abu Dhabi to launch platform for consultation and communication

The Petroleum Products Trading Regulatory Committee in Abu Dhabi continues its efforts to enhance security and safety measures in the Emirate, ensuring that operators and stakeholders adhere to federal and local regulations and decisions. In this regard, Dr. Saif Saeed Al Qubaisi, Acting...

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Business & Money | Monday 8 July, 2024 10:24 am

MAKTEK AVRASYA, the region’s largest machine tools sector event, kicks off on 30 September

MAKTEK AVRASYA, dubbed “the fair of machine-making machines” is set to return for its eighth instalment at the Istanbul TÜYAP Fair and Congress Center from 30 September to 5 October 2024. Centred around the concept of Digital Transformation, this year’s eagerly awaited event will include a...

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Tourism & Hospitality | Monday 8 July, 2024 10:20 am

Light + Intelligent Building Middle East expands by 20% for its next edition in January

Light + Intelligent Building Middle East, the region’s leading event for light and building technology, will host its 18th edition from 14 to 16 January 2025 at the Dubai World Trade Centre. The upcoming show will be the largest in the event’s history, with exhibitors from over 30 countries and ...

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