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AED410m in housing subsidies approved for UAE citizens

Abu Dhabi / WAM The Sheikh Zayed Housing Programme has approved 522 housing assistance applications for Emirati citizens valued at AED410 million. They range from housing loans and grants to government housing. This follows the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the follow-up of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

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PayPal quits Facebook’s cryptocurrency project

Bloomberg PayPal Holdings Inc. pulled out of the Libra Association, a blow to Facebook Inc.’s efforts to develop a digital currency. “PayPal has made the decision to forgo further participation in the Libra Association at this time and to continue to focus on advancing our existing mission and business priorities as we strive to democratise access to financial services for ...

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Gitex kicks off in Dubai today

Dubai / Emirates Business The worlds’ most global and disruptive technology events, Gitex Technology Week and Gitex Future Stars, will bring together world-class industry innovators, government leaders, technology creators and forward thinkers begin on October 6, until October 10 at Dubai World Trade Centre. With a spotlight on next-generation technology and innovations that will evolve promising startups into transformative enterprises, ...

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