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Month: February 2025

Posted on 25/02/2025

How supply issues impacted real estate in Dubai, Abu Dhabi and across the UAE in 2024

Asteco’s Q4 2024 real estate report highlights sustained market growth across Dubai, Abu Dhabi and around the UAE, driven by strong economic fundamentals, proactive government initiatives and …

Posted on 25/02/2025

IQI expands its footprints in UAE market

Gulf Network Global real estate network IQI, one of the leading real estate firms of Southeast Asia with offices in 32 countries globally including …

Posted on 25/02/2025

Dubai DET signs strategic partnership with Amadeus to foster innovation in travel technology

The Dubai Department of Economy and Tourism (DET) has signed a strategic memorandum of understanding (MoU) with Amadeus, a global leader in travel technology, to facilitate a city-wide ecosystem for …

Posted on 25/02/2025

UAE small businesses reap benefits as Muwafaq package supports SME tax compliance

The package seeks to create a significant step forward in fostering innovation within the tax system and delivering comprehensive solutions that align with market needs …

Posted on 25/02/2025

Intesa Sanpaolo and UAE Masdar strengthen M&A cooperation

Intesa Sanpaolo and Abu Dhabi Future Energy Company (Masdar) have signed a Memorandum of Understanding to enhance their cooperation in mergers and acquisitions, the bank announced on February 24. The …

Posted on 25/02/2025

Abu Dhabi’s Etihad Airways aims to announce IPO this week, sources say

Abu Dhabi’s Etihad Airways aims to announce the launch of a $1 billion initial public offering this week, two sources told Reuters, in what would be the first IPO of a major Gulf airline in nearly two …

Posted on 25/02/2025

UAE: Dh1.15 million total fine imposed on companies for violating laws, non-compliance with anti-money laundering provisions

UAE imposes Dh1.15 million in fines on companies for violating anti-money laundering laws and regulations. Stay informed on the latest financial compliance news.

Posted on 25/02/2025

United Arab Bank partners with Qualco to digitise supply chain finance operations

Qualco has announced a strategic partnership with United Arab Bank (UAB), one of the longstanding home-grown banks in the UAE. Together, they will deploy Qualco ProximaPlus, a cutting-edge platform to …

Posted on 25/02/2025

Sharjah CP reviews expansion project updates at Sharjah International Airport

H.H. Sheikh Sultan received a detailed briefing on the airport’s passenger terminal expansion project, which is designed to enhance capacity to accommodate 20 million passengers annually.

Posted on 25/02/2025

Sharjah Debt Settlement Committee approves AED76 million to settle debts of 147 cases

In line with the directives of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, aimed at ensuring a stable and dignified life for citizens, the …

Posted on 25/02/2025

Sharjah Ruler approves Dhs76.350 million to settle debt of 147 citizens

Staff Reporter In implementation of the directives of His Highness Dr. Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler …

Posted on 25/02/2025

Al Ansari’s CashTrans partners with Sharjah Islamic Bank to enhance cash management services

Collaboration aims to streamline cash handling, boost security, and optimise cash flow for Sharjah Islamic Bank and its customers …

Posted on 25/02/2025

FAB End of Service Benefits Funds secure final approval, marking a new era for employee financial well-being in the UAE

Abu Dhabi: First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has received final approval from the Ministry of Human Resources and …

Posted on 25/02/2025

Wasim Akram blown away by Abhishek Sharma’s ‘zabardast’ knock in wholesome Dubai chat: ‘Have to continue for 30 years’

It was a star-studded affair at the Dubai International Stadium on Sunday for the blockbuster Champions Trophy match between India and Pakistan. From former cricketers of both countries to the current …

Posted on 25/02/2025

Dubai Reveals Ramadan Cannon Locations for 2025

Dubai Police have unveiled the locations for this year’s Ramadan cannon, bringing the beloved tradition to more areas across the emirate. Seven stationary cannons will be set up at fixed locations, …

Posted on 25/02/2025

Dubai: The ultimate destination for business setup and global expansion

The digital business ecosystem of Dubai exceeds its position as a tourist destination for luxury because it encourages innovation along with business expansion. The foundation of supportive …

Posted on 25/02/2025

Dubai issues tender for 7th phase of giant solar park

The Dubai Electricity and Water Authority (DEWA) has launched a tender for the seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park, which could add up to 2 GW of PV capacity and 1 GW of …

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