In a groundbreaking development for digital finance and employment law, the Dubai Court of First Instance has made a historic decision that validates salary payments in cryptocurrency. This landmark ruling marks a significant shift in the United Arab Emirates’ legal landscape, reflecting a broader acceptance of digital currencies within the
Dubai has long been a haven for some of the most notorious drug lords in Europe and has a history of protecting European criminals, particularly those involved in the cocaine trade. Submitted By Georgia Gee of Whale Hunting, a weekly newsletter delving into the hidden worlds of wealth and power Photo
According to Bloomberg, the Russian firm Yandex is taking on Uber in Dubai with its new company, Yango. Yango – a ride-hailing, delivery and e-grocery company with Russian origins – is gaining popularity and challenging industry majors Uber and Careem in Dubai, Bloomberg reported on Wednesday, citing sources. Its share
An empty parcel measuring 24,500 square feet on the sought-after Jumeirah Bay Island in Dubai was sold for Rs. 1 lakh per square foot, setting a new record.
Russian nationals have become the largest buying group of real estate in Dubai since the war in Ukraine, driving sales to a new record high according to Sputnik.
During a recent trip to Dubai, plainclothes police detained Sherif Osman. He is still in custody. The ex American air force captain was arrested in Dubai for posting a youtube video.
UAE has the capacity to become the actual incubator of the post-fiat world with the right diligence and enough capital. Dubai is now emerging as a new crypto power center and may anchor crypto bailout fund.
Najmus Chowdry and Nils Remess, the lead architects of ZNera Space, have come up with a new concept called The Downtown Circle, which involves building a massive space-age ring to encircle the world’s tallest building in Dubai.
Dubai is set to construct a $5 billion moon resort. The moon resort will include a nightclub, event space, lounge, international meeting place, spa and wellness area, and an internal moon shuttle.
