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Month: November 2023

Posted on 08/11/2023

Wizz Air Abu Dhabi to launch flights to Turkistan

Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, has launched its latest route to Turkistan, one of the most important historic cities in central Asia.

Posted on 08/11/2023

Chris Brown to Perform at Abu Dhabi Grand Prix 2023 on This Date

American RnB megastar Chris Brown is set to perform at the 2023 Abu Dhabi Formula One Grand Prix on Friday, November 24th. Read More: Shania Twain Will Perform at the Abu Dhabi Grand Prix 2023 This me …

Posted on 08/11/2023

Abu Dhabi Chamber signs MoU with the Emirates Red Crescent to Support the Hifz Al Naema Project

Abu Dhabi, UAE: The Abu Dhabi Chamber of Commerce and Industry (ADCCI) signed a Memorandum of Understanding with the Emirates Red Crescent Authority, which outlines facets of cooperation and joint …

Posted on 08/11/2023

Dubai Ranks as the No. 1 City Expats Want to Live In

A recent analysis of Google search data by Remitly, a financial services provider catering mainly to expatriates and migrants, has unveiled Dubai as the most desired city for foreigners seeking to …

Posted on 08/11/2023

Sheikh Mohammed bin Rashid Al Maktoum approves Dubai’s general budget for 2024-2026

ALBAWABA – Sheikh Mohammed bin Rashid Al Maktoum, the Vice President of the United Arab Emirates and the Prime Minister, has approved the general budget …

Posted on 08/11/2023

Dubai flights: Airline announces Dh1 tickets to Manila in special seat sale

Budget carrier Cebu Pacific on Wednesday rolled out its super seat sale offering one-way trips for Dh1. The Dh1 base fare applies to one-way Dubai-Manila flights scheduled for April 1 to October 31, …

Posted on 08/11/2023

Russians buying less Dubai property – Bloomberg

Purchases of Dubai real estate by Russian investors have started to slow Bloomberg reports citing top brokers Read Full Article at RTcom …

Posted on 08/11/2023

UAE’s e& to pay $1.55bln in royalty and corporate tax; Du to also pay $490mln

under the new royalty regime outlined by the UAE Ministry of Finance. Corporate tax will correspond to 9% of profit after royalty as per corporate tax law. The aggregate amount of royalty and …

Posted on 08/11/2023

Dubai Investments acquires additional 7.68% stake in UK’s Monument Bank

Dubai Investments, an investment company listed on the Dubai Financial Market (DFM), has acquired an additional 7.68% equity stake in the UK-based digital bank, Monument Bank Limited.

Posted on 08/11/2023

UAE central bank to penalize unlicensed virtual asset service providers

Within the new document, the central bank also noted that VASPs operating in the UAE without a valid license will be subjected to “civil and criminal penalties including, but not limited to, financial …

Posted on 08/11/2023

Coinbase strengthens its global advisory council

Coinbase said on Tuesday it had added four national security experts to its global advisory council as the cryptocurrency industry comes under intense regulatory scrutiny following the collapse of Sam …

Posted on 08/11/2023

Over Dh1 million per night: Influencer gives tour of world’s most expensive suite at Atlantis, Dubai

Alanna Panday, Bollywood actress Ananya’s cousin, shares video of the luxury accommodation, complete with infinity pool, 10-seat majlis, movie theatre …

Posted on 08/11/2023

Abu Dhabi Sports Council to organise Bike Abu Dhabi Gran Fondo on 18 November

ABU DHABI, 8 November (BelTA – Emirates News Agensy). – The second edition of the Bike Abu Dhabi Gran Fondo iwill take place on Saturday, 18th November 2023, with cyclists from across the region …

Posted on 08/11/2023

Abu Dhabi: Department of Health collaborates with American Heart Association to boost heart and brain health

Move to enhance access to healthcare services for heart attack, stroke patients Abu Dhabi: The Department of Health – Abu Dhabi (DoH) signed a Memorandum of Understanding (MoU) with the American Heart …

Posted on 08/11/2023

Abu Dhabi’s IHC profit falls 65% to $1.31bln in Q3 2023

Abu Dhabi conglomerate International Holding Company (IHC) reported a net profit of AED 4.82 billion ($1.31 billion) in the third quarter of 2023, down 65.34%, compared to AED 13.91 billion in the …

Posted on 08/11/2023

The UAE Faces Pushback on African Investments

Abu Dhabi is investing heavily in ports and land across the continent, but it’s facing public backlash and competition from Beijing.

Posted on 08/11/2023

In 2024, e& by etisalat and du’s annual royalty payment to UAE government set at 38% of net profit

What’s different is that from 2024 corporate tax calculations also come into play Dubai: For 2024, the UAE tech-telecom group e&’s payments as royalty to the UAE government and its corporate tax will …

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