In accordance with the UAE’s disclosure system for cash … The disclosure system determines the penalties for those who fail to abide by the rules, whereby a customs fine is imposed in accordance …
What Travelers in the UAE Must do if Assets Exceed Dh 60K
Any traveler carrying more than Dh60,000, or an equal amount in any other money, financial assets, precious metal, or gemstones, must report it to customs officers while entering or leaving the UAE.No …
Abu Dhabi economy fastest growing in MENA, 10.5% up last year
Abu Dhabi’s GDP is the fastest-growing in the MENA region, according to the emirate’s statistics centre. Abu Dhabi’s GDP is the fastest-growing in the MENA region, according to the emirate’s …
‘Mall of the Metaverse’: Dubai announces first virtual shopping centre
Inside the mall, customers’ avatars will find Carrefour, VOX Cinemas, THAT Concept Store, Ghawali and Samsung Store, among others …
Dubai retailer announces Mall of the Metaverse virtual shopping centre
Dubai’s Majid Al Futtaim will open a virtual mall with Carrefour, Vox and Samsung spaces Dubai retailer announces Mall of the Metaverse virtual shopping centre Majid Al Futtaim, Metaverse, shopping ma …
Khan: Dubai’s Super-Prime Property had 40-50% Growth in 2022
Taimur Khan, Head of Research, CBRE, discusses his 2022 real estate report findings and Dubai’s booming residential and commercial markets. He speaks with Yousef Gamal El-Din on “Bloomberg Daybreak: …
EITC posts record Dh12.75b revenues in 2022 as subscribers rise
Company’s mobile customer base rises 8.9 per cent to 7.9 million; postpaid customers up 10.7 per cent to 1.5 million; and fixed customer base climbs 37.3 per cent to 537,000 …
UAE to launch AI teachers to support students’ academic performance
UAE’s minister of education … I personally believe in the importance of adopting this technology.” The education minister said, “We are also pleased to announce a partnership between the Ministry of …
UAE ‘running towards’ renewable future, says oil boss Cop28 president
Climate groups have accused head of national oil company, Sultan Al Jaber, of conflict of interest …
InterContinental Abu Dhabi set to launch new residences
InterContinental Abu Dhabi has launched its brand-new residences scheduled to open in the first quarter of the year in the neighbourhood of Al Bateen district, a stone’s throw from some of the central …
Private LTE And 5G Network Market by End Users, Types and Applications | Global Situation Analysis and Forecast up to 2027
The Private LTE And 5G Network Market (2023-2027) Research | Updated New Report | Market is including in Various …
DgTx leverages technology to simplify taxation in UAE
The UAE is known for its advanced and innovative technology solutions. The country is constantly working to simplify and streamline various processes to make life easier for its citizens and …
UAE: All passengers must declare currencies, assets, jewellery valued over Dh60,000
All passengers travelling into or out of the UAE with more than Dh60,000, or an equivalent amount in any other currency, financial assets, precious metal or stones, must declare it to customs officers …
Dubai’s Emaar Properties posts 80% surge in 2022 profit on record sales
Emaar Properties, Dubai’s largest listed developer, has reported that its 2022 net profit rose 80 per cent on record real estate sales across its portfolio.Net profit attributable to equity owners of …
Most Gulf bourses fall on weak corporate earnings; Abu Dhabi gains
Most Gulf stock markets ended lower on Tuesday, weighed down by oil prices and weaker-than-expected corporate earnings, while the Abu Dhabi index recouped early losses.
More oil releases from the US Strategic Petroleum Reserve won’t ‘rock the boat’, says UAE’s energy minister
Ensuring global energy markets are balanced is more of a concern to Suhail Al Mazrouei, who told Bloomberg that releases from the US won’t “rock the boat.”
Buhari asks UAE to suspend visa ban on Nigerians
President Muhammadu Buhari has waded into the diplomatic situation between Nigeria and the United Arab Emirates (UAE), which led to a visa ban on Nigerians wishing to travel to the Middle Eastern nation. The Emirate authorities in October 2022 slammed a …