VARA Developing Pilot Projects in Gold and Decentralised Finance: CEO

Dubai: The Dubai Virtual Assets Regulatory Authority (VARA) has issued 36 full licences to entities operating within the virtual assets sector. Matthew White, Chief Executive Officer of VARA, shared insights about the Authority’s ongoing initiatives with Emirates News Agency (WAM), revealing that several hundred entities are at various stages of the licensing process and that … Read more

Etihad Airways Transports 10.2 Million Passengers in H1 2025

Abu dhabi: Etihad Airways has released its latest traffic statistics for June 2025, reporting continued strong expansion and high customer demand. Etihad Airways carried 1.8 million passengers in June, marking a 16 percent increase compared to the same month last year. This sustained growth highlights the airline’s strategic expansion and strong position in the market. … Read more

Federal Tax Authority Seizes Over 3.5 Million Non-Compliant Excise Goods

Dubai: During an operation conducted by a team of Federal Tax Authority (FTA) inspectors, a number of unauthorised excise goods were recently seized from a facility in Dubai, where fraudulently packaged and concealed tobacco and beverage products were being purposefully smuggled into the UAE market. According to Emirates News Agency, as part of its ongoing … Read more

Empowering Youth Bedrock for Sustainable Giving in Frontline: Frontline Heroes Office

Abu dhabi: The Frontline Heroes Office (FHO) reaffirmed the importance of investing in the potential of young people and equipping them with essential and future-focused skills. On the occasion of World Youth Skills Day, observed annually on 15th July, FHO said that such efforts are considered a cornerstone for supporting and sustaining frontline sectors across … Read more

National Bonds Expands Al Manassah Sukuk Trading Platform with RAKBANK Partnership

Dubai: In a strategic move to broaden the reach of Al Manassah Sukuk Trading Platform in the UAE, National Bonds has onboarded the National Bank of Ras Al Khaimah (RAKBANK) onto Al Manassah Sukuk Trading Platform. Al Manassah is among the region’s first Sharia-compliant electronic platforms for trading Mudaraba-based Sukuk for partner financial institutions. According … Read more