Category: Dubai
-
Dubai developer DAMAC signs $1 billion deal with blockchain platform MANTRA
•
DUBAI (Reuters) – Mantra, a blockchain platform focused on real assets (RWAs), said on Thursday it has signed an agreement with Dubai-based real estate developer Damac Group to tokenize assets in the Middle East worth at least $1 billion, the two companies said on Thursday. Asset tokenization allows rights or…
-
Dubai Billionaire Plans to Build Data Centers Across Asia
•
(Bloomberg) — Damac Group, backed by billionaire developer Hussain Sajwani, plans to invest about $3 billion to build data centers across Southeast Asia as the region becomes a hub for artificial intelligence and cloud services. Most read from Bloomberg Edgnex Data Centers, a unit of the Dubai-based group, expects to…
-
Dubai Billionaire Plans to Build Data Centers Across Asia
•
(Bloomberg) — Damac Group, backed by billionaire developer Hussain Sajwani, plans to invest about $3 billion to build data centers across Southeast Asia as the region becomes a hub for artificial intelligence and cloud services. Most read from Bloomberg Edgnex Data Centers, a unit of the Dubai-based group, expects to…
-
KRA wins Sh122m tax fight with KTDA’s Dubai unit
•
A UAE-based tea trading company owned by Chai Trading Company (CTCL), a wholly-owned subsidiary of giant Kenya Tea Development Agency (KTDA) Holdings Ltd, has lost a battle to prevent a Sh122.67 million levy. Claim from Kenya Revenue Authority (KRA). The Tax Appeal Tribunal (TAT) said KRA was justified in seeking…
-
OKX Launches Licensed Crypto Exchange In Dubai
•
In a historic move, the global blockchain technology company OK x VARA-licensed cryptocurrency exchange has launched in Dubai, United Arab Emirates (UAE). This development marks a significant milestone as OKX becomes the first global cryptocurrency exchange to serve retail and institutional clients in the UAE, providing them with access to…
-
Dubai Tightens Grip On Crypto, Issues Cease And Desist Orders To 7 VASP Operators
•
The Virtual Assets Regulatory Authority (VARA) in Dubai has moved decisively and clearly Cease and desist orders on seven VASP providers. This is all part of VARA’s ongoing attempts to ensure that everyone follows its rules, especially when it comes to marketing and licensing cryptocurrencies. Fines can reach up to…
-
5000+ Forex Companies Attending Forex Expo Dubai 2024
•
The largest gathering of over 20,000 visitors and over 200 exhibitors, making it one of the largest exhibitions in the world, with just two weeks to go until the event kicks off, the excitement is building. Forex Expo Dubai 2024 will bring together top industry leaders, renowned guest speakers and…
-
Bybit secures provisional approval for crypto operations in Dubai
•
Cryptocurrency exchange ByBit has been granted a provisional license by the Dubai Cryptocurrency Regulatory Authority. According to September 16 advertisementBybit has been granted provisional approval to obtain a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA), completing the first step before it is issued…
-
Bybit secures provisional approval for crypto operations in Dubai
•
Cryptocurrency exchange ByBit has been granted a provisional license by the Dubai Cryptocurrency Regulatory Authority. According to September 16 advertisementBybit has been granted provisional approval to obtain a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA), completing the first step before it is issued…
-
Dubai Customs launches new blockchain technology to boost trade transparency
•
Dubai Customs has launched an advanced blockchain platform with the aim of improving transparency and efficiency in trade operations within Dubai and other countries. The new blockchain platform will enhance Dubai’s business environment by improving supply chain efficiency and contribute to the UAE’s efforts to boost non-oil trade. It is…
-
B2Broker Opens a Third Office in Dubai, Improving Presence in The World’s Innovation Hub
•
B2Broker It recently opened a new office in Dubai, UAE, its third workspace in the global hub for finance, digitalization and innovation. The company will welcome partners and clients to Emirates Financial Towers, a location that provides unparalleled access to potential investors and clients, opening new opportunities for growth and…
-
Swiss Exchange SIX Partners with Dubai Financial Market for Dual Listings
•
From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast…