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Investors, Including Indians, Lose Millions As Dubai Firm Vanishes Overnight
A UAE-based brokerage firm vanished overnight, taking millions of dirhams from investor funds.
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UAE Plans to Launch Digital Dirham CBDC, Integrated Wallet in Q4 2025
The UAE is among many nations that is preparing to launch its CBDC in the future. Earlier this week, the Central Bank of the UAE said its Digital Dirham CBDC will be launched for retail use later this year. The CBUAE said that the digital dirham will be able to facilitate tokenisation and expand access to liquidity through fractionalisation.
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UAE Gets 1st Licensed Lottery With Top Prize At...
The United Arab Emirates (UAE) has launched its first authorised national lottery, with a jackpot of 100 million dirhams (AED) -- equivalent to $27.2 million -- up for grabs.
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Indian Philanthropist Donates Rs 2.25 Crore To Free 900 Prisoners In UAE
In a pre-Ramzan gesture, a UAE-based Indian businessman and philanthropist has donated 1 million dirhams (approximately INR 2.5 crore) to ensure the release of 900 prisoners from jails across the Gulf nation.
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All About Indian Man Rajeev Arikkatt, Who Won Rs 33-Crore Lottery In UAE
It was nothing short of a "dream come true" moment for Rajeev Arikkatt, an Indian expat in the UAE when he won 15 million dirhams (approximately ₹ 33 crore) in the Big-Ticket Abu Dhabi weekly draw.
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"Paves Way For Enhanced Economic Collaboration": PM Modi On India-UAE Pact
Prime Minister Narendra Modi on Saturday said that the signing of the pact between the Reserve Bank of India (RBI) and the Central Bank of UAE (CBUAE) to promote the use of local currencies- the Indian Rupee (INR) and the UAE Dirham (AED) for
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Crypto-Friendly UAE to Jump Aboard CBDC Wagon Alongside India, China: Details
After creating a supportive ecosystem for the crypto industry, the UAE is now turning its focus to include its central bank digital currency (CBDC) to the economy. The UAE is backing the creation of a cashless society in the coming years. Its CBDC plans are expected to roll-out in full potential by 2026.
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Indians Top Winners' List Of Dubai Lottery In 2022
Indians emerged as the biggest beneficiaries of the UAE's leading weekly raffle draw Mahzooz, which has created 31 multi-millionaires in the last two years, giving away over 350,000,000 dirham in prize money to its winning participants.
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Indian Hotel Employee In Dubai Hits Jackpot, Wins Rs 55 Crore In Lottery: Report
An Indian hotel employee in Dubai has hit the jackpot by winning 25 million dirhams (approximately Rs 55 Crore) in the Abu Dhabi Big Ticket Draw.
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40-Member Group Of Mostly Indians Wins $2.72 Million Lottery In UAE: Report
A 40-member group, including 38 Indians working at a Qatar-based hypermarket chain, have won 10 million dirhams (USD 2.72 million) in a lucky draw in the UAE, according to a media report on Monday.
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Investors, Including Indians, Lose Millions As Dubai Firm Vanishes Overnight
A UAE-based brokerage firm vanished overnight, taking millions of dirhams from investor funds.
-
UAE Plans to Launch Digital Dirham CBDC, Integrated Wallet in Q4 2025
The UAE is among many nations that is preparing to launch its CBDC in the future. Earlier this week, the Central Bank of the UAE said its Digital Dirham CBDC will be launched for retail use later this year. The CBUAE said that the digital dirham will be able to facilitate tokenisation and expand access to liquidity through fractionalisation.
-
UAE Gets 1st Licensed Lottery With Top Prize At...
The United Arab Emirates (UAE) has launched its first authorised national lottery, with a jackpot of 100 million dirhams (AED) -- equivalent to $27.2 million -- up for grabs.
-
Indian Philanthropist Donates Rs 2.25 Crore To Free 900 Prisoners In UAE
In a pre-Ramzan gesture, a UAE-based Indian businessman and philanthropist has donated 1 million dirhams (approximately INR 2.5 crore) to ensure the release of 900 prisoners from jails across the Gulf nation.
-
All About Indian Man Rajeev Arikkatt, Who Won Rs 33-Crore Lottery In UAE
It was nothing short of a "dream come true" moment for Rajeev Arikkatt, an Indian expat in the UAE when he won 15 million dirhams (approximately ₹ 33 crore) in the Big-Ticket Abu Dhabi weekly draw.
-
"Paves Way For Enhanced Economic Collaboration": PM Modi On India-UAE Pact
Prime Minister Narendra Modi on Saturday said that the signing of the pact between the Reserve Bank of India (RBI) and the Central Bank of UAE (CBUAE) to promote the use of local currencies- the Indian Rupee (INR) and the UAE Dirham (AED) for
-
Crypto-Friendly UAE to Jump Aboard CBDC Wagon Alongside India, China: Details
After creating a supportive ecosystem for the crypto industry, the UAE is now turning its focus to include its central bank digital currency (CBDC) to the economy. The UAE is backing the creation of a cashless society in the coming years. Its CBDC plans are expected to roll-out in full potential by 2026.
-
Indians Top Winners' List Of Dubai Lottery In 2022
Indians emerged as the biggest beneficiaries of the UAE's leading weekly raffle draw Mahzooz, which has created 31 multi-millionaires in the last two years, giving away over 350,000,000 dirham in prize money to its winning participants.
-
Indian Hotel Employee In Dubai Hits Jackpot, Wins Rs 55 Crore In Lottery: Report
An Indian hotel employee in Dubai has hit the jackpot by winning 25 million dirhams (approximately Rs 55 Crore) in the Abu Dhabi Big Ticket Draw.
-
40-Member Group Of Mostly Indians Wins $2.72 Million Lottery In UAE: Report
A 40-member group, including 38 Indians working at a Qatar-based hypermarket chain, have won 10 million dirhams (USD 2.72 million) in a lucky draw in the UAE, according to a media report on Monday.
