Long-haul carrier Emirates reported on Thursday that it earned annual profits of $5.2 billion, making it one of the world’s most-profitable airlines. The Dubai-based carrier served 53.7 million …
Crypto.com to offer crypto payment options at gas stations in UAE
Crypto.com exchange has teamed up with Emarat Energy, which operates over 155 gas stations across the UAE, to offer crypto payment options.
Dubai Taxi Company reports $160mn Q1 revenue amid fleet expansion
Dubai Taxi Company’s revenue growth was primarily driven by fleet expansion and strong performance in its taxi and delivery bike operations …
New UAE corporate tax barely ruffles Emirates full-year financial performance
Emirates Group has paid its first corporate tax under a new United Arab Emirates business law, but the change in legislation barely affected its full-year financial performance. The UAE finance …
EToro integrates UAE PASS streamlining user onboarding in the UAE
Abu Dhabi – eToro, the trading and investing platform, has announced the integration of UAE PASS, the UAE’s national digital identity platform, into its onboarding process, fu …
Emirates Group delivers record-breaking financial year 2024-25
This is the first financial year that the UAE corporate tax, enacted in 2023, is applied to the Emirates Group …
Bitcoin Is Set Up ‘Perfect for a Rally’ Thanks to Fed, Says Arthur Hayes
Everything is in place in order for Bitcoin to rally to new heights this year, said crypto entrepreneur Arthur Hayes.
Binance founder “CZ” seeks pardon from President Trump after 4-month stint in prison
Changpeng Zhao, founder and former CEO of crypto exchange Binance, is hoping to get a pardon from President Donald Trump after being released from prison late last year. Zhao, better known by his …
UAE: Pay for petrol with cryptocurrency soon as Emarat announces Mena first-of-its-kind service
Do you pay by cash at fuel stations? Or are you constantly searching your wallet for your card? Now, in a first in Mena, Emarat will introduce cryptocurrency payment services at fuel stations. In …
Emirates airline posts record annual profit, reflects Dubai’s growth as aviation hub
By Manya Saini DUBAI (Reuters) -Emirates airline on Thursday reported a record full-year profit, bucking a broader global slowdown in air travel as it capitalized on Dubai’s growth as a hub for major …
Sharjah Maritime Academy redefines higher education with bold tech leap
While most institutions are still talking about the future of education, Sharjah Maritime Academy (SMA) is building it. In just a few months, SMA has launched a blockchain-based Micro-Credentials, …
Sharjah Hearing Centre celebrates Speech-Language-Hearing Month
Every May, the Sharjah City for Humanitarian Services (SCHS) observes International Speech-Language-Hearing Month through the Sharjah Hearing Centre …
Inside the UAE’s tech-powered economic transformation
With IT services adoption soaring across manufacturing, logistics, real estate, and education, experts predict a transformational decade ahead for the UAE’s digital economy …
Dubai’s Emirates announces record Dh22.7 billion profit
Emirates Group on Thursday announced yet another annual record profit. The Dubai-based group revealed that it recorded profit before tax of Dh22.7 billion ($6.2 billion), up 18 per cent from last year …
DFM launches centralized SLB program to enhance market liquidity and investor access
Model offers a transparent, centrally cleared framework to enhance liquidity, deepen market efficiency, and support investor access …
UAE corporate tax implications for businesses that shut down
You are shuttering your business. A liquidator from the approved list for your trade licence issuing authority has submitted its report. All is in good order and you have promised the authorities and …
‘Immunity tickets’ and Dubai rentals: Investment banker reveals how the rich shield their money
An investment banker has peeled back the curtain on how the ultra wealthy structure their money across borders—using low-tax jurisdictions, offshore trusts, and second passports to manage risk, avoid …