Qatar-based PayLater, recognized as one of the first companies to obtain a buy now, pay later (BNPL) license from the Qatar Central Bank (QCB), has successfully secured a strategic investment from the UAE-based fintech investor, LuLu Alternative Investments (LuLu AI). This investment, the amount of which has not been disclosed, marks LuLu AI’s first foray...
Bihar’s farmers are now able to export their vegetables to Dubai, as the state’s Cooperative Minister Prem Kumar recently flagged off the first consignment of 1 500 kg of vegetables to the United Arab Emirates . This shipment marks a significant milestone for the state’s agriculture sector and was prepared with assistance from the Bihar...
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call today from His Excellency Ahmad Al-Sharaa, the President of the Syrian Arab Republic. During this call, the two leaders exchanged heartfelt Eid Al-Adha greetings. Both leaders expressed their warm wishes for health and happiness to each other, hoping that the festive...
Sir Tim Clark, President of Emirates, has suggested that Dubai may soon unveil a project even larger than the Burj Khalifa. His comments reflect a broader vision for the city’s future, underscoring strategic reinvestment and development that goes beyond its current achievements. Clark, who has been a key figure in Dubai’s evolution over the past...
Hamdan bin Mohammed, the Crown Prince of Dubai, visited the second edition of the Dubai AI Festival, which is part of Dubai AI Week. This event aims to showcase Dubai’s vision for the future of artificial intelligence and its applications across various sectors. Credit: WAM During his visit, the Crown Prince emphasized the importance of...
The Ministry of Economy (MoE) has signed a Memorandum of Understanding (MoU) with the Dubai Police General Command to improve cooperation in developing compliance mechanisms aimed at combating money laundering and financing of terrorism. This agreement is designed to facilitate the exchange and integration of information between the two entities, thereby strengthening their supervisory roles...
Foreign investors aiming to relocate to Dubai can obtain the UAE’s 10-year Golden Visa by investing in property valued at a minimum of Dh2 million. Legal expert Ashish Mehta, the founder and Managing Partner of Ashish Mehta & Associates, outlined the legal options available for new businessmen seeking long-term residency in the UAE in an...
Gulf Air, the national carrier of Bahrain, has officially resumed flights to Nairobi after a 13-year hiatus, with the inaugural flight landing at Jomo Kenyatta International Airport (JKIA) today. This marks a significant return for the airline, which had previously served this route until November 2012. The newly established route will operate five flights each...
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with His Excellency Kyriakos Mitsotakis, the Prime Minister of the Hellenic Republic, to discuss ways to enhance the bilateral relations between the two countries. This meeting took place today, highlighting the ongoing commitment to fostering a strong partnership. Credit: WAM During their discussions, the...
In the UAE, parents are modernizing the Eid tradition of Eidiya, which involves giving children money during festive celebrations. A growing number of families are opting to open bank accounts for their young children instead of allowing them to spend all their cash gifts. This approach not only helps in storing the money safely but...