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DP World to develop new economic zone at Omani border
The 14 sq km zone, expandable to 25 sq km, will be developed by UAE-Omani JV Mahadha, led by DP…
THIS MORNING: Unincorporated partnerships can now be subject to corporate tax + Banks start adopting new AED symbol
Plus: IRH taps EPointZero for decarbonization
THIS MORNING: India restricts gold and silver imports from the UAE + Make It in the Emirates wraps today
Plus: Actis is eyeing data centers in the UAE and Saudi Arabia
US stocks see historic “bull crash” amid recession, trade war fears, with investors shifting towards safer assets like gold
The stocks’ declining appeal is due to the trade war and concerns over stagflation
PlaysOut raises USD 7 mn in seed funding round
Gold trading startup Oro Labs also secured USD 1.5 mn
UAE expands Pakistan investments with new agreements in mining, banking, infrastructure
The agreements were signed during the Abu Dhabi Crown Prince’s official visit to Islamabad last week
Hubpay and Aquanow roll out UAE's first crypto payment facility
PLUS: Bybit secures IPA for a new UAE platform
Ambrosia acquires 50% of Allied’s Mali gold mines
The acquisition comes as Allied looks to increase its Malian production
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