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Category: BUSINESS

Posted on 04/07/2023

Dubai stock index hits 8-year high as real estate booms

Dubai’s main stock index reaches its highest level since August 2015, driven by real estate market gains Dubai stock index hits 8-year high as real estate booms DFM, DFM equity market, Dubai, Dubai …

Posted on 04/07/2023

Dubai Customs Completes 12 Million Customs Declarations in 6 Months with 10% Growth

H.E. Ahmed Mahboob Musabih, the Director General of Dubai Customs and CEO of Ports, Customs, and Free Zone Corporation, announced that Dubai Customs suc …

Posted on 04/07/2023

Fajr Capital in talks for majority stake in Aster’s Gulf business – sources

Private equity firm Fajr Capital is in exclusive talks to acquire a majority stake in Aster DM Healthcare’s Gulf business, two sources with direct knowledge of the matter told Reuters.

Posted on 04/07/2023

Dial up the fun factor with this week’s Dubai Summer Surprises Highlights

Another round of endless fun, mega deals and cool activations. Dial up the fun factor with this week’s Dubai Summer Surprises Highlights. Partner Content. News.

Posted on 04/07/2023

Gold imports from UAE to India hit two-decade low

India’s gold imports from the UAE reached a two-decade low in the year ended March 31, 2023, despite a concessional tariff under Comprehensive Economic Partnership Agreement (CEPA) signed in May 2022.

Posted on 04/07/2023

New Candlelight Concerts in Abu Dhabi announced – including Coldplay

And now, if you’re a fan of Coldplay or Ludovico Einaudi, you’re in luck. The Candlelight Concerts in Abu Dhabi series welcomes new live music experiences on July 8 and July 9. A Tribute to Ludovico …

Posted on 04/07/2023

The best ways to celebrate the Fourth of July in Abu Dhabi

Celebrate the Fourth of July in Abu Dhabi at La Cava this Tuesday. Here, you can toast freedom and independence while sipping on the American Collection of premium grape and nibbling on cold cuts and …

Posted on 04/07/2023

Abu Dhabi’s Aldar, IHC, and ADNEC Group to merge property and facilities management businesses

Abu Dhabi-based real estate developer Aldar Properties has joined forces with International Holding Company and ADNEC Group to create the region’s largest property and facilities management company.

Posted on 04/07/2023

Group of Friends Become Instant Millionaires After Winning Rs. 1.2 Billion in UAE

A group of 20 Indian expats living in Umm Al Quwain have won a grand prize of AED 15 million (PKR 1.2 billion) in a raffle draw organized by Big Ticket in …

Posted on 04/07/2023

Indian Chamber of Food and Agriculture & Ras Al Khaimah of UAE signs MoU to enhance agri-collaboration

Ras Al Khaimah Economic Zone (RAKEZ) and the Indian Chamber of Food and Agriculture (ICFA) have signed a Memorandum of Understanding (MoU) aimed at promoting mutual growth and development in the food …

Posted on 04/07/2023

Guide to capitalise on UAE’s flourishing real estate market

Real estate investors looking to leverage the boom in the UAE market without committing to a large outlay can use REITs to earn high yields.

Posted on 03/07/2023

Indian expat based in Umm Al Quwain wins Dhs15 million in Abu Dhabi Big Ticket raffle draw

An Indian man based in the emirate of Umm Al Quwain has won the Dhs15 million in Big Ticket Abu Dhabi draw on Monday. Mohammed Ali Moideen brought the ticket on June.7. Mohammed ticket number was …

Posted on 03/07/2023

UAE updates energy strategy, to invest $54.5bn in renewables

The UAE aims to triple the contribution of renewable energy by 2030, to reduce the effects of climate change and achieve climate neutrality.

Posted on 03/07/2023

UAE: FTA launches corporate tax public awareness campaign

With the launch of Corporate Tax in the UAE, FTA has intensified its efforts, in collaboration with the relevant authorities, to develop flexible and accurate mechanisms to implement the new regime …

Posted on 03/07/2023

F1 News: Austrian GP Penalty Madness Unearths Abu Dhabi ’21 Question

After the Austrian Grand Prix came to a close yesterday, Aston Martin lodged a complaint with the stewards which was followed by a huge review of 1,200 potential track limit infringements. As a result …

Posted on 03/07/2023

Gold prices in Dubai Today Monday 3 July 2023

Gold prices in Dubai, United Arab Emirates (UAE), opened at AED 7,024.38 per ounce today, Monday, July 3, 10:32 a.m., noting that gold in the UAE is subject to a 5% value-added tax (VAT).24-karat gold …

Posted on 03/07/2023

Dubai Customs and Japanese Authorities Seize Drugs Worth $310M

Dubai Customs collaborated with Japanese authorities to foil an attempt to smuggle methamphetamine worth $310 million into Japan, the customs authority reported on Sunday, Jul. 2.Read More: Ice Cream: …

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