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New UAE-based cryptocurrency exchange launched

New UAE-based cryptocurrency exchange launched

Dubai-based blockchain start-up ArabianChain has launched a new digit asset exchange designed to make it possible for investors to buy, sell, and trade various cryptocurrencies online.

The new platform, Palmex, enables users to deposit and trade coins including ArabianChain’s DubaiCoin, Bitcoin, Ethereum, Ripple and several others, with more e

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Ritz Carlton Riyadh to reopen after holding royals in purge

Ritz Carlton Riyadh to reopen after holding royals in purge

The Ritz-Carlton in Riyadh, a holding place of royals and ministers detained in a sweeping Saudi corruption probe, will re-open for business in February, a source at the hotel said Monday.

The source, who requested anonymity as he was not authorised to brief the press, said there were "preparations to open in February" but could not give further

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UAE says Qatari fighter jets 'intercept' passenger plane

UAE says Qatari fighter jets 'intercept' passenger plane

The United Arab Emirates accused Qatari fighter jets of "intercepting" a passenger plane en route to Bahrain on Monday, in an ongoing row over alleged airspace violations.

"Qatari fighter jets intercept an Emirati civilian aircraft during a routine flight to Manama in a flagrant threat to civil aviation safety and in a clear violation of

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VAT launch seen boosting deals for Abu Dhabi property buyers

VAT launch seen boosting deals for Abu Dhabi property buyers

The introduction of VAT this month is expected to add further incentives to potential property buyers in Abu Dhabi in the form of more generous post-handover payment plans, according to a new report.

Consultants JLL said that this is because the VAT regulations on residential sales offers developers a zero-rate on all residential sales within

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Middle East medical insurance market ripe for expansion, says Cigna CEO

Middle East medical insurance market ripe for expansion, says Cigna CEO

Global health insurance and services company Cigna expects that to grow as much as 30 percent in the region in the near future, according to CEO David Cordani.

In a recent interview with Arabian Business, Cordani noted that Cigna, which has operated in the Middle East for 15 years, sees “great growth opportunity” in the UAE and the wider region.

“S

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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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Office No: 302 Wasel Business Centre
Near port Saeeed Etisalat Office Deira, Dubai.

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