DIFC launches Sustainable Finance Catalyst to scale sustainable finance from Dubai enabled by first AI-driven sustainability knowledge hub. Sustainable Finance Catalyst set to grow sustainable finance …
UAE Renews USD 1 Billion Deposit at Central Bank of Egypt
The United Arab Emirates (UAE) has extended a multi-billion dollar deposit with the Central Bank of Egypt (CBE) for an additional three years. Arab nations now contribute to more than 40% of Egypt’s …
Banyan Tree opens first property in Dubai at Bluewaters
Banyan Tree, one of the world’s leading hospitality brands, has announced the opening of its first property in Dubai on the shoreline of Bluewaters, a vibrant lifestyle destination by Dubai Holding …
Team Abu Dhabi face familiar rivals as new series launches in Khor Fakkan
Team Abu Dhabi face familiar rivals as new series launches in Khor Fakkan Al Zaffain, Bin Hendi aim for another Class 3 vict …
As Dubai hosts climate talks, its air pollution soars
Dubai’s glitzy skyline was obscured by a blanket of smog rated as “unhealthy” on Sunday as thousands of delegates attended a COP28 conference dedicated to the harmful effects of air pollution.Sunday …
UAE petrol prices fall in December
The price of fuel changes every month in the UAE and petrol prices in the country tend to fluctuate in line with global trends. It’s been confirmed that petrol will be cheaper than it was in November …
Cop28 live: UAE climate chief’s comments ‘incredibly concerning’
Climate analyst Bill Hare described Sultan Al Jaber’s dismissal of the need for a phaseout of fossil fuels as ‘verging on climate denial’. 12:49 Campaigners outraged by UAE climate …
UAE announces winners of $100,000 award for innovative ideas in vital fields at COP28
and Member of the Dubai Council, the initiative engaged university talent spanning the fields of natural sciences, humanities and technology in a week-long gathering. The Prototypes for Humanity …
UAE corporate tax: TNMM based on the NPIs to establish arm’s length price
Under the transactional profit methods, there are two approaches to establish the arm’s length price, with the transactional net margin method (TNMM) being one of them. The TNMM has been explained in …
DIFC launches Sustainable Finance Catalyst to scale sustainable finance from Dubai
home to MEASA’s largest cluster of FinTech and Innovation companies, Prototypes for Humanity participants, were welcomed by Mohammad Alblooshi, CEO of DIFC Innovation Hub, to discuss the future of …
Successful Conclusion of the EEI-GCCIA COP 28 Transmission Summit in Abu Dhabi
(MENAFN- Virtue mena) Abu Dhabi, UAE, 3 December 2023: The EEI-GCCIA COP 28 Transmission Summit, hosted by the GCCIA in Abu Dhabi Yas Island, concluded successfully, marking a momentous achievement in …
Dubai’s resilient real estate sector: Transitioning from conflict to prosperity
The Middle East has been marked by a lengthy history of conflicts, and each of these events has exerted varying effects on the region’s real estate industr..
Phoenix Group PLC’s Landmark IPO: A Testament to Strategic Vision and Market Confidence
The initial public offering of Phoenix Group PLC, which put forward 907,323,529 shares, has been met with an enthusiastic response that has far exceeded expectations, culminating in a demand that …
Smog obscures Dubai skyline on ‘Health’ day at COP28 climate summit
Dubai’s glitzy skyline was obscured by a blanket of smog rated … Indonesia and the Asian Development Bank agree to deal to shutter coal-fired power plant early Indonesia and the Asian Development …
UAE To Allocate More Than Hundred Million USD For Water Shortage Solution
( MENAFN – Trend News Agency) BAKU, Azerbaijan, December 3. The United Arab Emirates (UAE) will allocate $150 million to solve problems related to the shortage of water resources, was reported in the …
European Investment Bank, Bank of Kigali outline EUR 100m plan to enable Rwandan farmers adapt to climate change
New agriculture and agri-business climate finance to support farmers and agri-businesses prepare for extreme weather, increased drought and increased rains Largest ever EIB backing for business …
Crypto Investment Platform Fasset Obtained License in Dubai
Fasset has been granted a Virtual Asset Service Provider license from regulators in Dubai, allowing it to perform broker-dealer services legally in the emirate. Digital asset inve …