Author: dailyguardian.ae
Klub, India’s largest platform for Revenue Based Financing (RBF) announced its expansion to the Middle East. Klub has received the relevant permission (Category 3C) to manage private credit funds under the newly instituted credit fund regime by the Financial Services Regulatory Authority (FSRA), Abu Dhabi Global Markets (ADGM). This regulatory approval grants Klub the distinction of being the first revenue based financing focused credit fund to expand in the Middle East region. One of the key strategic advancements is the establishment of an Dh1 billion credit umbrella focusing on investing in credit products for the growth of SMEs and startups…
Gulf Giants, through an exhibition of superb teamwork and resilience, fought tooth and nail to defend a meagre total of 126 for 9 in 20 overs and pull off a 19-run win over Dubai Capitals in the ILT20 at the Dubai International Stadium. This was the lowest total defended in the history of this tournament. UAE’s 18-year-old left-arm spinner Aayan Afzal Khan bagged two wickets at a crucial stage of the match while his skipper James Vince produced two run outs to derail Capitals’ chase towards the easy target. Dasun Shanaka pushed Capitals closer to the target through an unbeaten…
It’s a pivotal night for some teams in the NBA as the trade deadline looms. The Houston Rockets sit at 23-26 and after tonight will head up to Toronto. Presumably there may be some players left behind as they potentially make some moves to get into the playoff conversation. As for the Indiana Pacers (28–23), they snapped their three-game losing streak Sunday with a win over the Hornets and look to stay in the driver seat on their way to the All-Star break. Coverage of the game is about to begin, at 7:00 p.m. ET. Here is all the information…
Non-oil foreign trade in Dubai has reached Dh2 trillion – a target that was set by the Dubai Ruler and the Council back in 2020. Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, took to X to make the announcement, pointing out how the emirate triumphed despite extraordinary circumstances. He detailed how his team warned him against the high target of Dh2 trillion by 2025, considering the Covid-19 pandemic had just struck the world, disrupting global trade movement. “Life experiences taught me that crises are the best time to develop and…
The Middle East’s embrace of AI and best-in-class technologies from the rest of the world, fuelled by government support, is fostering collaboration between established institutions and startups, a senior official said. “With a robust ecosystem and an entrepreneurial spirit, the UAE and the Middle East stand as beacons for innovation and dynamic business ventures,” Anurakt Jain, co-founder and CEO at Klub, told Khaleej Times in an interview, after the company gained a Category 3C permission to begin operations from the Abu Dhabi Global Market. Excerpts: As a fintech company, where do you see your opportunity to make an impact in…
Since its landmark introduction in 2007, Apple has released 42 iPhone models, and with at least four new ones introduced every fall, the company is showing no signs of slowing down. In all that time, Apple has made relatively few significant design changes. The company tends to stick with established designs for three or four years before changing things up, which can sometimes make it difficult to tell which iPhone model you have — especially if you’re getting a secondhand iPhone (with no box to offer a hint) rather than a new one. For instance, while an iPhone 15 Pro…
A new framework clarifying flexible work types at the federal government level has been approved by a UAE authority. The Federal Authority for Government Human Resources (FAHR) approved the cabinet’s decision on applying employment patterns and flexible work timings for public sector. As stated by the Human Resources Law, this includes full-time, part-time, temporary work and flexible work, as well as flexible work types like approved remote work from within the country, remote work from outside the country, hybrid work, and compressed work. These are the types that federal authorities can grant to the employee in exceptional cases and in…
Satya Nadella marks his tenth year as Microsoft CEO on Sunday, capping a decade of stunning growth as he pivoted the slow-moving software giant into a laser focus on cloud computing and artificial intelligence. Microsoft’s stock has soared by more than 1,000 per cent since Nadella took the helm in 2014, compared to the more gradual 185 per cent growth of the broader S&P 500. Microsoft now has a market value of $3 trillion — more than any US publicly traded company, including its longtime rival Apple. “Nadella’s had the biggest transformation of a tech company potentially ever,” said Wedbush…
Based at The Trump International Golf Club it provides the opportunity for mixed-ability group golf lessons for ladies to both get into golf as well as improve their games By Nick Tarratt, Khaleej Times Guest Golf Writer The Birdie Club is an exciting new ladies’ golf community located at Trump International Golf Club. Led by Harriett Allen, a businesswoman in marketing and communications, who explained that the mission for The Birdie Club was to get more ladies into golf by creating a network to make new friends – in a unique way. “When I learnt to play golf, we would…
The Ring Video Doorbell Pro 2 and Ring Video Doorbell Elite are among the most expensive video doorbells on the market. Offering smart alerts, HD video capture, customizable motion zones, and plenty of other perks, the two video doorbells don’t cut many (or any) corners when it comes to home security. There are tons of similarities between the two devices — but is one better than the other? Here’s a closer look at the Ring Video Doorbell Elite and the Ring Video Doorbell Pro 2 to help you decide which is best for your front door. Design The Ring Video…