Author: dailyguardian.ae

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance of the UAE and President of DIFC, on Monday opened the second edition of the Dubai FinTech Summit, which is being held at Madinat Jumeirah, Dubai under the theme ‘Pioneering FinTech’s Future’. Organised by the Dubai International Financial Centre (DIFC), the leading global Financial Centre in the Middle East, Africa and South Asia (MEASA) region, this year’s Dubai FinTech Summit brings together more than 8,000 industry leaders from over 100 countries. Sheikh Maktoum bin Mohammed said: “Dubai today has the ideal…

IndusInd International Holdings targets US$50 billion valuation in banking and financial services through acquisitions, says Ashok Hinduja IIHL, which has a significant shareholding from the UAE residents is looking at taking over smaller banking entities in Europe, and is open to look at other regions, including the Middle East. Imminent acquisition of R-Capital, and the recent picking up of 60 per cent stake in Investco to help expand BFSI footprints Looks at listing on Afrinex exchange in Mauritius; Stake in IndusInd Bank to be raised to 26 per cent from the current 16 per cent Mr. Ashok Hinduja, IIHL Chairman…

We always recommend Best Buy for great TV deals, and as one of its deals of the day it’s offering $400 off the Samsung 65-inch The Frame QLED TV. Usually $2,000, it’s down to $1,600 for a limited time only, so this is your chance to save plenty. The catch is that you only have today to do so. When the day is over, so is the deal. If it sounds appealing, keep reading and we’ll take you through what to expect from your purchase. Why you should buy the Samsung 65-inch The Frame QLED TV Samsung is one of…

Animated videos shared by Prime Minister Narendra Modi’s party targeting opposition Congress and the Muslim community have evoked complaints and outrage, as the political climate in India heats up midway through its six-week long election. The videos, shared by the ruling Bharatiya Janata Party on social media platforms Instagram and X over the last 10 days, depict the Congress giving disproportionate benefits to India’s minority Muslim community, at the cost of certain disadvantaged tribal and Hindu caste groups. The Congress, in a complaint to the poll watchdog Election Commission, said on Sunday that the video has been shared “clearly with…

UFC, the world’s premier mixed martial arts organisation, returns to Abu Dhabi for an action-packed fight as No. 2 ranked bantamweight Cory Sandhagen faces No. 9 ranked Umar Nurmagomedov on August 3. Tickets for the event, to be held in partnership with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), go on sale on Tuesday via etihadarena.ae and ticketmaster.ae. Sandhagen (17-4, fighting out of Aurora, Colorado) returns to the UAE capital to cement his status as top contender in the bantamweight division. The Colorado native boasts wins over Rob Font, Chito Vera, and soon-to-be UFC Hall…

AIM Congress 2024 Pre-Event Workshops Foster Knowledge Exchange and Strategic Insights Abu Dhabi, UAE, 06 May 2024: AIM Congress 2024, a premier global investment platform, concluded its series of pre-event workshops on Monday, May 6, 2024, setting the stage for insightful discussions and strategic collaborations scheduled for its main event from May 7-9, 2024 at ADNEC in Abu Dhabi. Investment Track Highlights Digital Marketing Solutions by WAVTEQ: The workshop focused on practical tactics for enhancing the visibility of IPAs and attracting Foreign Direct Investment (FDI) through cost-effective digital marketing strategies. Benchmarking Location Competitiveness by FDI Intelligence: Attendees learned how to…

Beats is one of the most popular brands in the market for shoppers who are looking for headphone deals and true wireless earbuds deals because of its stylish designs and top-of-the-line features. Beats headphones and earbuds don’t come cheap though, so you’re going to want to take advantage of any discounts that appear. You’re in luck because Amazon is currently offering up to 49% off on a selection of headphones and earbuds from the Apple-owned brand, but if you want to pocket the savings, you’re going to have to be quick with your decision on what to buy because we’re…

The Sharjah Public Library has been allocated Dh 2.5 million on the directives of Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. The grant will be utilised to buy latest titles from participating publishers and booksellers at the ongoing 15th annual Sharjah Children’s Reading Festival (SCRF 2024), The grant, which is awarded annually to Sharjah Book Authority (SBA) event, aims to further the Sharjah Ruler’s vision “to support the regional and global book industries, improve Sharjah’s offerings to readers, students, researchers and academics and general knowledge seekers in the UAE and beyond and affirm…

Hamas said on Monday that it had accepted a Gaza ceasefire proposal from Egypt and Qatar. The militant group said in a statement that its chief, Ismail Haniyeh, had informed Qatar’s prime minister and Egypt’s intelligence chief of its acceptance of their proposal. There were no immediate details over what the agreement entailed. Stay up to date with the latest news. Follow KT on WhatsApp Channels. A Hamas delegation will visit Cairo soon to discuss ceasefire agreement and the next step, a Hamas official told Reuters. The group agreed to the proposal, meeting several demands including ceasefire, reconstruction, return of…

The Emirates, renowned for its robust economy and strategic global positioning, continues to attract investors and entrepreneurs alike. Within this dynamic economic landscape, the real estate industry emerges as a cornerstone, playing a pivotal role in propelling the nation’s growth trajectory. From a tax perspective, individual investors intending to hold real estate for personal gain find themselves in a favourable position since real estate investment income earned by a natural person from an investment activity in land or real estate property in the UAE, which is not conducted, or required to be conducted, through a licence issued by a licensing…