Arada has reported a doubling of sales during 2023 to AED7.02bn ($1.9bn) following unprecedented demand for its premium communities in Sharjah and Dubai. The master developer saw a 100 per cent …
Dubai emerges as leading culinary destination: Report
The report, produced by the Dubai Festivals and Retail Establishment (DFRE), aligns with Dubai’s objective to reinforce its status as a global gastronomy hub …
UAE plans to issue bonds, sukuk valued at $1.36bln in Q1 2024
He highlighted the role of the Sustainable Finance Working Group in the UAE, promoting environmentally friendly investments to mitigate long-term vulnerabilities to climate change and realising …
Dubai residential market records 41.4% sales transaction growth, 29.3% rise in volume in 2023, new market report
“The average sales price of properties has increased compared to last year, reflecting strong market confidence. “Furthermore, Dubai’s real estate offers exceptional value on a global scale, with $1 …
Daimler Truck, Abu Dhabi Partner on Green Hydrogen Supply
Daimler Truck AG and Abu Dhabi agreed to explore the Gulf state’s supply of green hydrogen to power future fuel-cell rigs in Europe.
Etisalat by e& unveils new eLife 5Gbps and 10Gbps plans
Abu Dhabi: etisalat by e& announced two new fibre-to-the-home (FTTH) plans – 5G and 10G – that are set to significantly enhance the connectivity experience for consumers with ultra-fast fibre internet …
Dubai Chamber of Commerce workshop highlights latest developments in Corporate Tax and VAT laws
Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has hosted a webinar to enhance awareness of the latest development …
Investor protection is “non-negotiable” in crypto regulation: Dubai’s DFSA
Ian Johnston, CEO of Dubai Financial Services Authority says regulators need … Toyota’s chairman shares a stark prediction for the future of EVs SCOTUS wealth tax case ruling could blow up …
Commerce ministry backs import tax cuts on gold bars: Govt officials
India’s commerce ministry has backed a long-standing demand from the jewellery industry to reduce import tariffs on gold bars, government and industry officials said, amid concern the duties were …
Dubai Customs honours media partners
In recognition of their unwavering support for Dubai’s trade sector, Dubai Customs celebrated its local media partners for their incisive reporting on trade initiatives and tirele …
AD Ports Group’s Maqta Gateway to digitalise Aqaba port operations
The implementation of PCS marks the first-ever export of Abu Dhabi’s key port digitalisation solution … The Ports of Aqaba handle 80 per cent of Jordan’s exports and 65 per cent of its imports.
Dubai South reveals 2023 as its best performing year
The Logistics District initiated a regional-first Remote Inspection project with Dubai Customs to expedite business operations and reduce the time required for customs inspections. Dubai South also …
Unified Investments Dubai: Tailored Financial Solutions For Business Success
Unified Investments recognizes that businesses in Dubai require financial solutions that align with their unique needs. The Business Loan service offered by Unified Investments stands out for its …
Sharjah Publishing City Free Zone introduces first-of-its-kind “Instant License”
Sharjah: Serving as a global hub and a one-stop business centre committed to creating an ecosystem to cater to the vibrant business landscape in Sharjah, the Sharjah Publishing City Free Zone (SPC …
Most Gulf markets ease on geopolitical tensions; Dubai gains
Jan 25 (Reuters) – Most major stock markets in the Gulf were subdued in early trade on Thursday on simmering tensions in the region, although the Dubai index bucked the trend to trade higher. Maersk …
UAE Golden Visa: Dubai makes major change to property down payment requirement
Dubai’s General Directorate of Residency and Foreigners Affairs … Furthermore, for properties bought using a bank mortgage or installment plans, homebuyers had to make a minimum down payment of …
Dubai’s biggest bank Emirates NBD posts 3% rise in Q4 net profit; misses estimate
Emirates NBD, Dubai’s biggest lender, reported a Q4 2023 net profit of 4 billion UAE dirhams ($1.09 billion), up 3% year-on-year. For FY 2023, the lender reported a net profit of AED21.5 billion, up …