Dubai Ranked Among Top Five Cities for Fintech

DUBAI: Dubai has secured a spot among the top five global cities for fintech, according to the latest Global Financial Centre Index (GFCI) rankings. The city’s rise to this prominent position is largely attributed to the Dubai International Financial Centre (DIFC), a major player in the financial sector. The rankings highlight the city’s rapid growth…

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HM Sends Message To Eritrean President

MUSCAT: His Majesty Sultan Haitham bin Tarik has conveyed a written message to Eritrean President Isaias Afwerki, underscoring the strong diplomatic ties between the Sultanate of Oman and Eritrea. The message, which was delivered by Omani Ambassador to Eritrea, focused on enhancing bilateral cooperation and addressing key regional and international issues of mutual concern. This…

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UAE Counters Cyber Attacks On Key Vital Sectors

UAE: The UAE recently faced a series of cyber attacks targeting its critical sectors, including finance, energy, and government services. These attacks aimed to disrupt essential operations and compromise sensitive data. However, the country’s advanced cybersecurity framework, developed through strategic investments and collaborations, played a crucial role in neutralizing the threats. Authorities worked closely with…

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Ministry of Finance Issues Circulars on New Insurance Mandates

MUSCAT: The Ministry of Finance has recently announced the introduction of three significant circulars aimed at strengthening the insurance framework for government assets. These circulars, set to take effect from April 1, 2025, will require mandatory insurance coverage for government vehicles, imported goods, and the contents of government safes. The move comes in response to…

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Sheikh Hamdan Joins Military Exercises with Battalion Members

DUBAI: Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, participated in intensive training alongside the battalion’s soldiers, simulating military operations in difficult terrains. The exercises were designed to enhance readiness and teamwork among the forces. Sheikh Hamdan actively took part in various physical challenges, demonstrating his personal commitment to strengthening the…

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