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Month: January 2023

Posted on 09/01/2023

Dubai’s DMCC witnesses ‘best-ever’ year for registrations, welcomes 3,049 businesses in 2022

This marks a year-on-year increase of 23 per cent, breaking the previous record set in 2021 when DMCC registered 2,485 new members …

Posted on 09/01/2023

Dubai pubs cut prices after alcohol tax change

The move follows the recent removal of the 30 percent municipality tax on alcohol Dubai pubs cut prices after alcohol tax change African + Eastern, Alcohol, Alcohol in UAE, Alcohol licences, alcohol …

Posted on 09/01/2023

DMCC Attracts 3,049 Businesses to Dubai in 2022, Reaching 22,000 Member Companies Through Another Record Year

DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has announced that it achieved its best-ev …

Posted on 09/01/2023

DFM and DWTC to launch the MENA IPO Summit – Dubai 2023

Institutional investors, family businesses and startups to explore the latest regulations, best practices, and market trends in Dubai capital market Announcement follows the phenomenal momentum of …

Posted on 09/01/2023

Emirates NBD reportedly in race to buy majority stake in India’s IDBI Bank

The Dubai-based bank has submitted its expression of interest as the Government of India and LIC prepare to sell 60 percent stake Emirates NBD reportedly in race to buy majority stake in India’s IDBI …

Posted on 09/01/2023

FlexxPay, ADCB partner to provide payroll services to UAE companies

The partnership provides companies with digital bank accounts to their unbanked employees via the FlexxPay app.

Posted on 09/01/2023

COVID lifts life insurance business in the UAE

The insurance industry is currently underserved and offers a myriad of opportunities to expand through awareness-building of insurance benefits, says an industry expert …

Posted on 09/01/2023

National Bank of Fujairah partners with Lune Technologies

The National Bank of Fujairah (NBF), has signed a partnership agreement with Lune Technologies, an Emirati financial data analytics company to develop and deploy its pioneering Lune Data Enrichment …

Posted on 09/01/2023

Cops send top detective to Abu Dhabi in effort to catch evil gang boss Daniel Kinahan & pals

GARDAI have sent a top detective to the Irish Embassy in Abu Dhabi in an effort to catch and extradite the Kinahan cartel leaders. A second cop is being sent to Bangkok to co-ordinate moves …

Posted on 09/01/2023

UAE, Asian shares rally as key US indicators hint to Fed rate hike easing

The Dubai Financial Market opened 2.41 percent at 3304 points, while the Abu Dhabi securities exchange also opened in the green, trading 0.047 percent higher in the early morning trading hours UAE, …

Posted on 09/01/2023

UAE: Woman ordered to pay Dh325,000 to firm owner for evading car rental charges

The accused rented several expensive cars but was non-committal to pay all the financial dues associated with the contract …

Posted on 09/01/2023

Dubai airport features in 5 of 10 busiest routes globally

Dubai International Airport (DXB) has been featured in five of the top 10 global busiest routes in terms of seats. According to OAG, a provider of data on global flight information, airports and …

Posted on 09/01/2023

Policies not triggered, say insurers in Dubai Aerospace Enterprise case

Lloyd’s and 10 others offer submissions in court …

Posted on 09/01/2023

DMCC ATTRACTS 3,049 BUSINESSES TO DUBAI IN 2022

Government of Dubai Authority on commodities trade and enterprise – has announced that it achieved its best-ever year for new member company registrations, attracting 3,049 new businesses to Dubai in …

Posted on 09/01/2023

Dubai Economic Agenda ‘D33’ to be implemented immediately

The D33 Agenda paves the way for a new phase of Dubai’s development journey driven by ideas, innovation, and new technologies. Dubai Economic Agenda ‘D33’ to be implemented immediately. D33, …

Posted on 09/01/2023

Saeed Al Tayer discusses cooperation with Germany’s new Consul General to Dubai

HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), welcomed a high-level delegation from the Consulate of the Federal Republic of Germany in Dubai, headed by HE …

Posted on 09/01/2023

Travis Scott to headline Wireless Festival in Abu Dhabi

The first few acts of Wireless Festival Abu Dhabi has been announced and he’s pretty huge. Yes, you’ll be able to see Travis Scott in Abu Dhabi at Wireless Festival Abu Dhabi in March. The American …

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