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Rs 80 Crore Rolls Royce Number, $100 Million Mansion: The Lavish Life Of Convicted Indian-Origin Billionaire
He is the founder and chairman of the RSG Group of Companies, a multi-billion-dirham conglomerate operating in real estate, automotive, industrial equipment, and investments across the Middle East, the US, India, and South Asia.
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Dubai's MBS Global Investments to Build $9 Billion Financial Hub in the Maldives: Report
Dubai-based MBS crypto exchange is set to allocate $8.8 billion (roughly Rs. 74,164 crore) over a period of five years to grow the Web3 ecosystem in Maldives. The creation of the "Maldives International Financial Centre" is the focus point of Maldives' crypto-related masterplan, Financial Times claimed in its report.
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Binance Withdraws Abu Dhabi Licence Bid as Crypto Exhange Reassesses Global Structure After CEO Turmoil
Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, called BV Investment Management, pulled the application with Abu Dhabi's financial regulator, a spokesperson for Binance said on Thursday.
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Brazil Reportedly Probing Binance for Offering Cryptocurrency Derivatives, Company Refutes Allegations
Binance is reportedly being investigated by the Brazilian Securities and Exchange Commission (SEC). The Brazilian authorities have evidence on Binance letting Brazilian nations invest in crypto derivatives despite it being banned in 2020 in the country, according to a report. The crypto exchange has reportedly refuted these allegations.
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Saudi Arabia's Drive To Get Expats To Ditch Dubai Is Off To A Rocky Start
As of end 2022, almost 80 companies have applied for licenses to move their headquarters to Riyadh, Saudi Investment Minister Khalid Al-Falih said in a recent interview, adding the city would become "the grand capital of the Middle East"
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Abu Dhabi Women to Be Granted Free Crypto Domains to Experiment With Web3
The Abu Dhabi Investment Office (ADIO) has teamed-up with Access Abu Dhabi have and roped in domain provider named Unstoppable Domains to provide free crypto domain names to women entrepreneurs. The move is intended to increase the participation of women in the crypto and Web3 arena. With this the UAE has added another feather to its decorated hat ...
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Goldman Sachs is Exploring Ways to Tokenise Real Assets, NFTs
Goldman Sachs, the US-based lender, is exploring ways to tokenise real life assets into NFTs. They are viewing NFTs as financial instruments that would make the transfer of physical assets immediate. The move comes as Goldman Sachs continues to keep working in the crypto sphere.
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Dubai's Cypher Capital Sets Up $100 Million Digital Asset Fund
Dubai-based venture capital firm Cypher Capital on Wednesday announced it was launching a $100 million seed fund aimed at investing in digital assets including crypto currencies.
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India, UAE Discuss Ways To Facilitate Investments
India and the UAE on Saturday explored mutually beneficial methods and incentives to facilitate investments from the United Arab Emirates' sovereign investment entities in key priority sectors in New Delhi.
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China's Neolix To Conduct Autonomous Vehicles Trials In Saudi, UAE
Noon, a joint venture between Saudi Arabia's sovereign Public Investment Fund and Dubai billionaire Mohamed Alabbar, will focus on 'last mile delivery' of the vehicles in select areas of Abu Dhabi and Dubai over the next few weeks, the company added.It did not give trial dates for Saudi Arabia.
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Airbnb Invests in Oyo's Series E Funding Round
Airbnb did not disclose the details of its investment in Oyo, which is backed by Japan's SoftBank Group.
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Indians Biggest Foreign Investors In Dubai Real Estate: Report
Expecting high returns, Indians have invested hugely in Dubai realty in the first nine months of 2018, making them the largest chunk of all foreign investors in the sector, according to data provided by the Department of Real Estate Studies & Researc, Dubai.
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Richard Branson Steps Down From Role as Chairman of Virgin Hyperloop
Virgin Hyperloop One's biggest shareholder, Dubai's DP World, said the company was seeking a new chairman.
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Sahara Group Finds Buyers For Its $600 Million Stake In New York Plaza Hotel: Report
A Dubai investment group and a New York real estate company have reached a deal to buy the stake for $600 million
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While Bitcoins Face Uncertain Future In India, Dubai Manages To Draw Islamic Investors Towards Cryptocurrency
Gold-backed cryptocurrency have been launched as part of efforts to convince Muslims that investing in cryptocurrencies complies with their faith
-
Rs 80 Crore Rolls Royce Number, $100 Million Mansion: The Lavish Life Of Convicted Indian-Origin Billionaire
He is the founder and chairman of the RSG Group of Companies, a multi-billion-dirham conglomerate operating in real estate, automotive, industrial equipment, and investments across the Middle East, the US, India, and South Asia.
-
Dubai's MBS Global Investments to Build $9 Billion Financial Hub in the Maldives: Report
Dubai-based MBS crypto exchange is set to allocate $8.8 billion (roughly Rs. 74,164 crore) over a period of five years to grow the Web3 ecosystem in Maldives. The creation of the "Maldives International Financial Centre" is the focus point of Maldives' crypto-related masterplan, Financial Times claimed in its report.
-
Binance Withdraws Abu Dhabi Licence Bid as Crypto Exhange Reassesses Global Structure After CEO Turmoil
Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, called BV Investment Management, pulled the application with Abu Dhabi's financial regulator, a spokesperson for Binance said on Thursday.
-
Brazil Reportedly Probing Binance for Offering Cryptocurrency Derivatives, Company Refutes Allegations
Binance is reportedly being investigated by the Brazilian Securities and Exchange Commission (SEC). The Brazilian authorities have evidence on Binance letting Brazilian nations invest in crypto derivatives despite it being banned in 2020 in the country, according to a report. The crypto exchange has reportedly refuted these allegations.
-
Saudi Arabia's Drive To Get Expats To Ditch Dubai Is Off To A Rocky Start
As of end 2022, almost 80 companies have applied for licenses to move their headquarters to Riyadh, Saudi Investment Minister Khalid Al-Falih said in a recent interview, adding the city would become "the grand capital of the Middle East"
-
Abu Dhabi Women to Be Granted Free Crypto Domains to Experiment With Web3
The Abu Dhabi Investment Office (ADIO) has teamed-up with Access Abu Dhabi have and roped in domain provider named Unstoppable Domains to provide free crypto domain names to women entrepreneurs. The move is intended to increase the participation of women in the crypto and Web3 arena. With this the UAE has added another feather to its decorated hat ...
-
Goldman Sachs is Exploring Ways to Tokenise Real Assets, NFTs
Goldman Sachs, the US-based lender, is exploring ways to tokenise real life assets into NFTs. They are viewing NFTs as financial instruments that would make the transfer of physical assets immediate. The move comes as Goldman Sachs continues to keep working in the crypto sphere.
-
Dubai's Cypher Capital Sets Up $100 Million Digital Asset Fund
Dubai-based venture capital firm Cypher Capital on Wednesday announced it was launching a $100 million seed fund aimed at investing in digital assets including crypto currencies.
-
India, UAE Discuss Ways To Facilitate Investments
India and the UAE on Saturday explored mutually beneficial methods and incentives to facilitate investments from the United Arab Emirates' sovereign investment entities in key priority sectors in New Delhi.
-
China's Neolix To Conduct Autonomous Vehicles Trials In Saudi, UAE
Noon, a joint venture between Saudi Arabia's sovereign Public Investment Fund and Dubai billionaire Mohamed Alabbar, will focus on 'last mile delivery' of the vehicles in select areas of Abu Dhabi and Dubai over the next few weeks, the company added.It did not give trial dates for Saudi Arabia.
-
Airbnb Invests in Oyo's Series E Funding Round
Airbnb did not disclose the details of its investment in Oyo, which is backed by Japan's SoftBank Group.
-
Indians Biggest Foreign Investors In Dubai Real Estate: Report
Expecting high returns, Indians have invested hugely in Dubai realty in the first nine months of 2018, making them the largest chunk of all foreign investors in the sector, according to data provided by the Department of Real Estate Studies & Researc, Dubai.
-
Richard Branson Steps Down From Role as Chairman of Virgin Hyperloop
Virgin Hyperloop One's biggest shareholder, Dubai's DP World, said the company was seeking a new chairman.
-
Sahara Group Finds Buyers For Its $600 Million Stake In New York Plaza Hotel: Report
A Dubai investment group and a New York real estate company have reached a deal to buy the stake for $600 million
-
While Bitcoins Face Uncertain Future In India, Dubai Manages To Draw Islamic Investors Towards Cryptocurrency
Gold-backed cryptocurrency have been launched as part of efforts to convince Muslims that investing in cryptocurrencies complies with their faith
