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Month: June 2023

Posted on 01/06/2023

Possibilities of generative AI applications showcased at Dubai workshop

“What we are calling as generative AI is the second generation of AI. We are showcasing what generative AI can do for your businesses — whether its multilingual bots produced at speed or creating your …

Posted on 01/06/2023

Palm Jebel Ali set to take its place in the sun, 21 years on

Now reinvigorated and reimagined, the Palm Jebel Ali has been part of the Dubai landscape for more than 20 years.Construction began in 2002 as part of a hugely ambitious series of artificial offshore …

Posted on 01/06/2023

New EGA agreements could lead to $272m in industrial investments in UAE

Emirates Global Aluminium, the UAE’s largest industrial company outside the oil and gas sector, on Thursday signed agreements that could lead to industrial investments in the UAE worth more than Dh1 …

Posted on 01/06/2023

EGA’s agreements at ‘Make it in the Emirates Forum’ could drive AED1 billion of industrial investments in UAE

ABU DHABI, 1st June, 2023 (WAM … Production from the new carbon anode manufacturing facility in the UAE would entirely replace these imports, and additional capacity could supply other aluminium …

Posted on 01/06/2023

Tecom’s Dubai Industrial City sets target of 500 factories by 2026

Dubai Industrial City, which is part of the Dubai-listed Tecom Group, aims to have more than 500 operational factories in its free zone by 2026, up from 300 currently, amid UAE’s industrial strategy …

Posted on 01/06/2023

Montfort teams with Dubai sheikh to buy Uniper’s UAE bunker business

German energy company Uniper’s Uniper Energy DMCC is the market leader in producing and supplying IMO 2020-compliant low-sulphur fuel oils to the Fujairah market, a key hub for …

Posted on 01/06/2023

Sharjah’s industrial attractiveness highlighted to global investors

During its participation at the second annual Make it in the Emirates Forum, the Sharjah FDI Office (Invest in Sharjah), has shared with the largest industrial companies …

Posted on 01/06/2023

Sharjah increases cap on housing aid applications

Sheikh Dr Sultan bin Muhammad Al Qasimi, Ruler of Sharjah, has increased the number of Emiratis who can apply for housing aid by 50 per cent.The announcement means that an additional 500 families will …

Posted on 01/06/2023

‘Jewels of the Emirates’ kicks off in Sharjah

Sharjah: The fourth edition of the ‘Jewels of the Emirates’ show commenced today (Thursday) in Sharjah, an event that has the distinction of being the first Emirati exhibition dedicated to diamond …

Posted on 01/06/2023

Abu Dhabi reduces speed limit to 120 kph on Sweihan Road

Abu Dhabi Police will cut the speed limit on a main road in the emirate on Sunday in an effort to boost safety. The force said the speed limit on Sweihan Road from Al Falah Bridge heading towards Abu …

Posted on 01/06/2023

Gemini looks to Dubai and Crypto.com nabs Singapore license as U.S. crypto companies continue overseas expansion

“Singapore continues to be a hub for blockchain and fintech innovation,” Chin Tah Ang, general manager of Crypto.com’s operations in Singapore, said in a statement. And Gemini wrote on Twitter that …

Posted on 01/06/2023

Dubai records over $517.3mln in realty transactions Thursday

Dubai real estate market recorded 517 sales transactions worth AED1.52 billion, in addition to 111 mortgage deals of AED 345.38 million, and 16 gift deals amounting to AED37.42 million on Thursday, …

Posted on 01/06/2023

Dubai, Abu Dhabi broaden incomes with tax hike

The United Arab Emirates, for many years a zero-tax economy, has introduced new corporate tax rates for businesses. That comes as the country’s government seeks to move away from reliance on oil …

Posted on 01/06/2023

Dubai-based artist gifts royal family coronation painting highlighting UK-UAE connection

Sacha Jafri speaks to Khaleej Times on how King Charles III’s visits have led him to develop personal relationship with Islam, the people, architectural heritage …

Posted on 01/06/2023

Property Finder campaign answers all questions

Property Finder’s campaign, ‘You Have Questions, We Have Answers” aims to enable home seekers to make informed decisions in their home search journey. Home purchase inquiries have been on the rise in …

Posted on 01/06/2023

Hedonova Emerges As A Force In Alternative Investments With Impressive Returns And Diverse Investor Base

Alexander Cavendish, CEO, Hedonova, a US based Hedge Fund Dubai, United Arab Emirates: Hedonova has emerged as a fo …

Posted on 01/06/2023

UAE corporate tax ‘huge change’ to business, will expand economy, ministry says

Undersecretary of the UAE Finance Ministry tells Arabian Business that new corporate tax and free zone tax decisions to pave way for economic growth UAE corporate tax ‘huge change’ to business, will …

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