by Alifiya H Ujjainwala | October 15, 2024 | Economy, Lifestyle, News
Wynn Resorts has announced plans for a massive casino at their upcoming property in Ras Al Khaimah, UAE. The gaming area will span across a staggering 225,000 square feet, making up about 4% of the entire development. The UAE government recently granted Wynn Resorts...
by Jibran Munaf | October 15, 2024 | Economy
China is reportedly considering raising 6 trillion yuan ($850 billion) through special treasury bonds over the next three years to revive its weakening economy, according to a local media report. Despite this significant figure, the news failed to spark enthusiasm in...
by Jennifer George | October 14, 2024 | Coverages, Economy, Gitex 2024, Industry, News, Technology
The Chinese tech giant, Tencent Holdings is more than just “WeChat and Tencent Games.” Its new offerings are set to make waves in the MENA region. In an exclusive interview at GITEX 2024, Denise Tsang, Senior Marketing Manager at Tencent, highlighted the...
by Priyanka Sharma | October 14, 2024 | Economy
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has issued Law No. (14) of 2024 pertaining to the Supreme Legislation Committee in Dubai. The Law outlines the objectives and duties of the Supreme Legislation...
by Jennifer George | October 14, 2024 | Central Banks, Cryptocurrencies, Currencies, Economy, News
On October 14, AED Stablecoin LLC secured in-principle approval from the Central Bank of the UAE to launch and establish its stable digital currency, AE Coin. Under the “Payment Token Services Regulation” (Circular No. 2/2024), issued on June 7, 2024, the Central Bank...
by Jennifer George | October 13, 2024 | Coverages, Cryptocurrencies, Currencies, Economy, Financial Services, Fintech, Gitex 2024, Industry, News, Startups, Technology
GITEX GLOBAL, the world’s largest tech and startup event, takes center stage in the UAE next week with this year’s 44th edition destined to redefine the world’s digital economy and AI ecosystem. Held at Dubai World Trade Centre (DWTC) from 14-18 October, the...
