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News | Fire in Dubai’s main port after the explosion
A fire broke out in Dubai’s main port this evening, the Emirates communications service said on Twitter.
“A fire broke out in a container inside a ship anchored in the port of Jebel Ali. A Dubai Civil Defense team is engaged in extinguishing the fire., Pointed out the communication service.
At least three residents in the area where the incident took place reported that the doors and windows of their homes were violently shaken by the explosion.
“I was on my balcony. My friend saw something yellow like the sun coming up. I took a picture and then heard a noise.”, Clemens Lபboix, who was near the blast, released a picture of a bright, orange light in the sky at midnight in front of the buildings.
A resident of Madinah district, near the port, told AFP he had. “I saw the windows tremble”. “I’ve been living here for fifteen years, and this is the first time I’ve seen and heard anything like this.”, He added.
Dubai Emirates is considered to be one of the seven richest countries in the United Arab Emirates.
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The online trading landscape in the UAE is evolving rapidly, driven by innovative technologies, changing consumer behaviors, and new regulations. Multiple trends are shaping the future of online trading platforms in the country and for anyone keen to get involved with online trading, the UAE is a great place to be.
App-Based Trading
One major innovation is the rise of mobile and app-based trading platforms. As smartphone penetration deepens across the UAE, there is a growing demand for trading apps that offer convenience, flexibility, and quick access to financial markets. Leading UAE brokers now provide feature-rich trading apps alongside traditional desktop platforms. These apps employ technologies like AI and ML to enable swift trade execution, real-time market data, advanced charting and analytics, and more. The apps also incorporate modern security protocols like face/fingerprint recognition. As per recent estimates, the majority of all online trades in the UAE now happen via mobile apps.
If you want to use the best trading platform in UAE, do some research to see which one has all the features you need to get started with mobile trading.
Social Trading in the UAE
Social trading is another emerging concept that is gaining significant interest in the country. By integrating social networking with financial trading, social trading networks like EToro allow novice traders to observe and replicate the trading strategies of experienced investors in the network. Leveraging collective intelligence can boost success rates for new traders. According to surveys, over half of millennial traders in the UAE show a willingness to explore copy trading.
Crypto Trading in the UAE
As cryptocurrency adoption rises globally, leading UAE trading platforms have also started integrating popular crypto assets. Platforms like eToro and Robinhood now allow users to trade major cryptocurrencies alongside regular financial assets. Hybrid trading combining both traditional shares and crypto coins is set for robust growth in the coming decade. However, regulations are changing all the time in this emerging space, so it pays to be vigilant.
The UAE has observed strong initiatives aimed at investor protection and risk reduction in online trading. Emirates Security and Commodities Authority (ESCA) regularly issues new guidelines for brokers to mandate better compliance, accountability, and transparency. Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations are also being more strongly enforced now. Such reforms will likely accelerate the adoption of licensed, supervised trading platforms that offer adequate safeguards to traders.
Looking ahead, the UAE online trading industry will see continued innovation in the coming years. Cutting-edge technologies like blockchain, predictive analytics, and VR are being integrated into platforms to enable more seamless, flexible and secure trading experiences. As economic expansion and startup activity remains robust in the country, more brokers are also targeting the UAE market. Both international players and homegrown startups are expected to disrupt the trading space with unique value propositions and offerings tailored for local consumer needs. Robust growth supported by financial regulators will solidify UAE’s position as the premier online trading hub of the Middle East region in the coming decade.
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Kalban Bellhole: We work with 40 international companies and 800 professionals to anticipate the future
Khalfan Juma Belhole, CEO of the Dubai Future Foundation, announced that they have signed agreements with more than 40 international companies that focus on their future, and the goal now is to bring these conversations together and create an implementation framework for them.
He pointed out that the first edition of the Dubai Future Forum was a translation of the idea of creating a meeting to discuss future challenges and we found that the result was positive as the discussion led to a better understanding of the future. In light of the importance of sharing the message. The first edition was the first step to bring together companies, at that time their number reached 4, and today we have reached 40 companies and 800 professionals, which strengthens the position of Dubai as the most suitable platform for this meeting.
He said the second edition of the Dubai Future Forum reflects the leadership message of the foundation’s establishment, which sees the Dubai Future Forum as one of the elements and programs that will advance this vision, which saw the participation of 400 future professionals last year. , this year saw the attendance of more than 2,500 participants and 800 professionals, enhancing the company’s position as a station for anticipating the future in Dubai and the Emirates, and more importantly, discussions, projects and how to deliver concrete space plans.
He emphasized that the goal now is to translate these discussions and studies as priorities align with the goals of COP28. Last week, in addition to other priorities such as artificial intelligence and the challenges of the space industry, he pointed out that the big message is that the world must come together to shape the future and tackle the challenges.
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The Permanent Committee on Human Rights is discussing improving cooperation with its counterpart in Bahrain
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The Secretariat of the Permanent Committee on Human Rights held a joint meeting with the National Human Rights Committee of the fraternal Kingdom of Bahrain in the capital, Abu Dhabi.
Views were exchanged to discuss aspects of cooperation and explore areas and opportunities for enhancing technical cooperation between the two groups in the field of human rights.
His Highness Khalifa Shaheen Al Marar met the Bahraini delegation at the headquarters of the Ministry of Foreign Affairs.
Saeed Rashid Al Habsi, Director of the Human Rights Department of the Ministry of Foreign Affairs and member of the Standing Committee on Human Rights, welcomed the Director General of Legal Affairs and Human Rights, Dr. Youssef Abdulkarim Boucheri, and opened the meeting between the two groups. At the Ministry of Foreign Affairs in the Kingdom of Bahrain, he reviewed the fraternal and special historical relations between the two brotherly nations.
Bucheri, for his part, emphasized the strong and special historic brotherly partnership between the UAE and the Kingdom of Bahrain.
During the meeting, cooperation and exchange of information, experiences and best practices of the Universal Periodic Review Mechanism for Human Rights were discussed.
Both sides expressed their willingness to strengthen the framework of cooperation to contribute to the strengthening and promotion of efforts in the field of human rights.
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