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Alibaba shares jumped 5% in Hong Kong on Friday, as the Ant Group crisis came to an end with a $1.1 billion fine. Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) to Ant Group on Friday, sources familiar with the matter said, …

Abu Dhabi: Under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, “may God protect him,” and with the follow-up of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, the Organizing Committee of …

Dubai The Federal Tax Authority warned customers against responding to unexpected messages that reach them via e-mail or text messages, with the purpose of electronic fraud, asking them for data or payments outside the Emirates Tax platform. In his Twitter account, the authority called on taxpayers to avoid opening any …

Abu Dhabi In order to preserve public places and reduce the phenomenon of random construction in residential neighborhoods within Abu Dhabi Island, the Municipality of Abu Dhabi City, through the City Municipality Center, implemented a field campaign that lasted for five days, targeting owners and tenants in areas located within …

The National Center of Meteorology expects that the weather tomorrow will be fair to partly cloudy, especially in the north and east, with a gradual rise in temperatures, and humid at night and Friday morning over some coastal and inland areas, and winds are light to moderate in speed, sometimes …

His Excellency Muhammad bin Hadi Al-Hussaini, Minister of State for Financial Affairs, revealed the establishment of a committee to confront electronic fraud related to the banking sector, under the name of the “Joint Higher Committee to confront fraud, forgery and electronic threats related to the banking sector”, which undertakes the …

The seasonally adjusted S&P Global UAE Purchasing Managers’ Index (PMI), a seasonally adjusted composite index designed to provide an accurate overview of operating conditions in the non-oil private sector economy, rose from 55.5 in May to close the first half. In the month of June, at 56.9 points. The index …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, may God protect him, confirmed that the UAE has achieved the highest number in its history of foreign direct investment inflows, with a value of 84 billion dirhams (23 billion dollars), as part of …

The General Pension and Social Security Authority announced the launch of the “Faith Fingerprint Project”, which aims to provide a package of privileges and exclusive discounts for retirees, in cooperation with its partners from the government and private sector institutions, so that the offers supported meet their basic requirements such …

Sheikha Bodour Al Qasimi, Chairwoman of the Sharjah Research, Technology and Innovation Park, confirmed that the integration of the park with the Sharjah Oasis for Technology and Innovation project opens a new chapter in the process of strengthening the knowledge economy in the UAE and consolidating the country’s position as …