Category Archives: Business & Investments
Best-Selling Over-Ear Headphones Among UAE’s Latest Audio Trends
Jumbo Electronics Ltd Reports Increase in Over-Ear Headphone Sales Over Last Year
Dubai, UAE; 17 July 2024: The audio market has been witnessing a surge with new trends, particularly in the realm of over-ear headphones in the UAE. This trend has been also observed by Jumbo Electronics Ltd, the most trusted consumer electronics brand in the UAE. This growth is attributed to a number of factors including advancements in audio technology and the rising demand for high-end sound quality, especially among youth.
Continue reading Best-Selling Over-Ear Headphones Among UAE’s Latest Audio TrendsMALABAR GOLD & DIAMONDS: : INAUGURATION OF 3 STORES IN INDIA
Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with over 350 showrooms across 13 countries, has just launched 3 new showrooms in Tamil Nadu, India.
Bitget dominates crypto market with highest market share surge in H1- CCData Report
Global, July 17, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has revealed in-depth insights into its growing market share as highlighted by CCData in the 2024 H2 Outlook Report. With the growing credibility and performance of centralized crypto exchanges, it’s more evident now than ever that there’s a shift in paradigm in crypto space.
CCData highlights the roles of various CEXs are changing as they take up new functions and responsibilities. Among which, Bitget has witnessed the ‘largest uptic’ in market share by 38.4% growth followed by Crypto(dot)com and Bybit at 24.6% and 22.2% respectively. While bigger players such as Coinbase, OKX and KuCoin saw declines as compared to other growing CEXs.
ADGM Announces Fee Revision for Commercial Licences Starting 2025
ADGM introduces another initiative in line with its efforts to support the seamless transition of Al Reem businesses to ADGM following its expansion to Al Reem Island last year.
- Fee revision applies to all categories of licenses and will be applicable from 1st January 2025.
Abu Dhabi, UAE, 17th July 2024 – ADGM, the international financial centre of the UAE’s capital, has announced significant revisions to its licensing fee schedule as part of its transitional arrangements for Al Reem Island businesses. Starting from 1st January 2025, ADGM will implement major reductions of 50% or more for obtaining non-financial and retail licences within its jurisdiction. This initiative aims to enhance ADGM’s business ecosystem, making it more attractive and accessible for various enterprises.
Continue reading ADGM Announces Fee Revision for Commercial Licences Starting 2025
UAE News 24/7 