DUBAI/WAM Dubai Taxi Company today announced that it had been awarded 300 new plates at the latest Dubai’s Roads and Transport Authority (RTA) auction, solidifying its position as Dubai’s largest taxi operator. The award increases DTC’s taxi fleet to almost 6,000 vehicles, increasing its taxi market share to 46% and demonstrating its commitment to serving the growing demand for sustainable …

ABU DHABI/WAM The Ministry of Economy has announced that VeraViews will be incorporated in the UAE under the NextGen FDI initiative. VeraViews is a pioneering new digital advertising platform that uses distributed ledger technology to verify advertising views, eliminate the dissemination of harmful content and prevent bad actors from using the media supply chain to fund ad scams and extremist …

ABU DHABI/WAM Net international reserves of the UAE’s banking sector increased by 8.1 percent, or AED92.3 billion, during the first half of 2024 (H1 2024), reaching AED1.238 trillion at the end of June, compared to AED1.145 trillion at the end of the same period last year. The Central Bank of the UAE’s June statistical bulletin, issued today, showed that the …