The UAE, the Arab world’s second-largest economy, has shown climate leadership through its net zero by 2050 initiative and investments to boost the renewable energy sector, Opec’s secretary general …
Emirati leaders invite Israel’s Netanyahu, Herzog, to join COP28 climate conference in Dubai
Emirati leaders extended a long-sought invitation to Israeli Prime Minister Benjamin Netanyahu to attend the U.N climate conference, known as COP28, in November. The United Arab Emirates’ President …
Three-day super sale coming to Dubai this weekend with discounts of up to 90 per cent
Super Sale is returning to Dubai. From Friday to Sunday, participating malls across the city will slash prices by up to 90 per cent, with discounts available across furniture, electronics, fashion and …
Dubai’s off-plan real estate sector sustains the overall UAE property market
The UAE’s real estate sector saw a 33% decrease in sales in April as secondary market transactions fell 2.4% but the off-plan market registered 42.5% growth in sales transactions …
Serious crime in the metaverse should be outlawed by the U.N., UAE minister says
New laws should be created to prevent people from committing “murder” in the metaverse, according to the UAE’s minister of state for artificial intelligence.
WSP and DMCC celebrate trio of prestigious international safety award wins for Uptown Tower
Dubai – WSP, one of the world’s leading professional services firms, and Dubai Multi Commodities Centre (DMCC), the world’s flagship free zone and Government of Dubai Authority on commodities trade …
The MENA region opens new opportunities for fintech companies and financial institutions
Middle East and Africa is projected to experience a significant growth in the coming years to reach USD 3.45 billion by 2026 …
SeaWorld Yas Abu Dhabi opens with a star-studded event
Hundreds of special guests and celebrities attended the much-anticipated occasion. SeaWorld Abu Dhabi is the latest addition to Yas Island’s collection of theme parks it was developed by Miral in …
UAE announces 3 new decisions relating to corporate tax
The decisions aim to enhance the flexibility of the country’s corporate tax regime and ensure a supportive business environment for all sectors …
A Catalyst for India-UAE Relations
The IBPC has come of age as a perfect rallying point for expatriate Indian businessmen and professionals committed to bolstering UAE-Indian ties. How do you take stock of the past two decades and …
UAE foreign ministry announces name change
The law includes replacing the phrase Ministry of Foreign Affairs and International Cooperation with the Ministry of Foreign Affairs.
UAE organizations reviewing $2 bil. investment in Korea
Business organizations of the United Arab Emirates (UAE) are currently reviewing $2 billion worth of investment projects in Korea, covering various sectors from energy to culture, Seoul’s finance …
Dubai real estate sales to hit AED300bn in 2023 as high-net-worth-individuals flock to city
High-net-worth individuals (HNWIs) in Dubai grew by 62 percent from 2012 to 2022 Dubai real estate sales to hit AED300bn in 2023 as high-net-worth-individuals flock to city Dubai, Dubai real estate …
UAE issues fines of more than Dh115 million in fight against money laundering
The UAE has issued fines of more than Dh115 million ($31.3 million) in the first quarter of the year in its fight against money laundering and the financing of terrorism. UAE authorities have also …
UAE jobs: Majority of citizens expect salary hike in 2023, some even more than 10%
Emiratis say they are not satisfied with their current salaries while only 36% are happy with what they were getting …
UAE hosting COP28 is a matter of ‘tremendous pride for OPEC’, says Al Ghais
Haitham Al Ghais, Secretary-General, Opec, on Monday praised the UAE’s leadership in climate change and standing commitment to sustainable practices and international cooperation to address the …
UAE Corporate Tax: New update offers wide scope on investments made by individuals doing business
Property income generated by an individual doing business is exempt – but on non-licenses In the recent update, the UAE Corporate Tax sets out which residents/non-residents engaging in business gets …