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gaming veteran paul dawalibi appointed ceo of rak digital assets oasis
Paul Dawalibi has been appointed as the new CEO of RAK Digital Assets Oasis, aiming to establish an innovation hub in Ras Al Khaimah that rivals Silicon Valley. He emphasizes creating a unique environment focused on technology and innovation, moving beyond traditional free zone offerings. Outgoing CEO Dr. Al Ansari praised Dawalibi as a "global icon," highlighting his leadership as vital for the next growth phase of RAK DAO.
UAE Central Bank imposes Dh3.5 million fine on exchange house for violations
The UAE Central Bank has imposed a Dh3.5 million fine on an exchange house for regulatory violations, highlighting its commitment to maintaining the stability and security of the financial sector through regular examinations of institutions. Dhanusha, a Chief Reporter at Gulf News, specializes in aviation, covering the latest trends and technologies in the industry, including eVTOLs and flying cars. With nearly two decades of experience, she also explores social media trends and tech innovations, while enjoying electronic dance music and pop culture in her free time.
Emirates Flight Catering invests in electric trucks to enhance airport operations
Emirates Flight Catering has announced a Dh60 million investment in 92 new electric catering trucks, enhancing operational efficiency at Dubai airport. The Volvo FL 250 4X2 Euro 6 trucks will feature advanced sensors and contribute to reduced emissions, marking a significant step in the modernization of airport operations in the region. CEO Shahreyar Nawabi emphasized the investment's role in meeting growing demand and strengthening partnerships with airlines.
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