Under the law, the Dubai Virtual Asset Regulatory Authority (VARA) has also been established as “the competent body” to regulate, supervise, and control virtual asset services. The authority is mandated with organising and setting the rules and controls that govern the conduct of virtual assets activities, including management, clearing, and settlement services, as well as classifying types of virtual assets.
| Under the law, the Dubai Virtual Asset Regulatory Authority (VARA) has also been established as “the competent body” to regulate, supervise, and control virtual asset services. The authority is mandated with organising and setting the rules and controls that govern the conduct of virtual assets activities, including management, clearing, and settlement services, as well as classifying types of virtual assets. |
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The exceptional 1,145 percent YoY growth in net profit resulted from a combination of good operational performance soaring global prices of aluminium in 2021
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In Saudi Arabia, IoT and 5G are transforming the healthcare sector, enabling monitoring of patients in remote areas and enabling critical early interventions: AlFhadah AlBaiz
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Quantum computing can be used to address network optimisation and management, reaction network generation, and refinery linear programming in the O&G sector
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The Securities and Commodities Authority is the sole authority in the UAE mainland for licencing, supervising, and overseeing the virtual assets activities and services issued for investment purposes
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"This is the largest energy crisis in decades and the impact on the world’s most important commodity is going to be unprecedented"
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“Cybersecurity protects critical infrastructure, such as oil pipelines, water treatment facilities and hospitals, and the day-to-day operation of services"
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The plan announced by EGA, TAQA, Dubai Holding, and EWEC will help the UAE to hit its goal of net zero by 2050
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Lack of confidence and mentorship continue to be challenges, says UAE-based scientist Halima Alnaqbi
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| Going into effect 90 days after its publication in the official gazette, the law will ‘address all problems that families and women were suffering from’ |
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The UK has also stated that it will phase out Russian crude imports by the end of the year, while Shell Plc and BP Plc have halted new purchases
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The banks are two of the biggest in Abu Dhabi and any deal would create one of the largest Middle East lenders by assets.
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Sharjah Islamic Bank has witnessed a noticeable and active improvement in the performance of its share price, with the increase of foreign ownership
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Company launched its patented ultrasound nicotine delivery system in the UAE and will invest a further $100m in clinical trials over the next three years
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Sultan Ahmed Bin Sulayem said: “I believe in not just attracting, developing, and retaining female talent in the trade and logistics industry, but truly focusing on efforts to build a global ecosystem that is equitable and fair for all”
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| Metaverse is a game-changer, predicted to be valued within the trillions of dollars in a few short years |
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As we come together to observe International Women’s Day 2022, moves on gender parity, even with respect to remuneration, are proceeding apace
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In the UAE, 37 percent of workers say they perceive automation as a risk factor as do about a third of all workers in Saudi Arabia and Egypt
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| Abu Dhabi National Oil Company's (ADNOC) brand value has increased 19 percent to $12.8 billion, retaining its position as UAE’s most valuable brand and second most valuable brand in the Middle East region |
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| Lessons from green initiatives in Europe can help the region reach net zero |
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| For editorial queries, please contact
| | Matthew Amlôt
Editor at Large, ArabianBusiness.com | | matthew.amlot@itp.com |
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| For advertising enquiries, please contact"
| | Saraswati Agarwal | | Commercial Director | | Direct: +971 4 444 3352 Mobile: +971 52 895 2214 | | saraswati.agarwal@itp.com |
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| © 2021 ITP Digital Media Inc. All rights reserved. |
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