SLB beat analysts’ estimates for quarterly profit on Friday as resilient offshore and overseas drilling activity buoyed demand for its oilfield services and equipment.
Dubai real estate: Property sales shatter records in 2023 with over 120,000 transactions, says new report
According to the recently released Dubai Real Estate Market Report for FY2023 by Betterhomes, residential sales transactions reached an all-time high of 120,742 for the year – a massive 38 percent …
Dubai Sales Of $25 Million Homes Double As Global Elite Move In
Sales of homes worth $25 million or more doubled in Dubai last year after some of the world’s wealthiest people snapped up homes in the Middle East’s business and tourism hub, according to property …
UAE corporate tax: Why business owners must take note of deferred taxation
For many of you, corporate tax became real on January 1, 2024. Your fiscal year, or what your corporate tax year is being called by the relevant authorities, might not be a calendar year. That …
Pakistan, UAE sign over $3b investment pact
Provided by SyndiGate Media Inc. (Syndigate.info).
Dubai signs deal to invest $3b in Pakistan
In a significant development, Pakistan and Dubai have signed an agreement of over $3 billion investment in various fields including cooperation in railways, economic zones, and infrastructure …
RTA adds Salik toll gate on Business Bay Crossing and Al Safa South
Dubai’s Roads and Transport Authority (RTA) on Friday announced the introduction of a new toll gate (Salik) at the Business Bay Crossing.
New Salik gates in Dubai: ‘I’d need to pay Dh300 extra per month to avoid traffic’
Dubai residents woke up on Friday to the news of two new Salik gates being added to emirate’s roads. While they mostly reacted with shock and concern, othe..
Dubai to Launch Two New Salik Toll Gates
Dubai’s Roads and Transport Authority (RTA) have announced the launch of two new Salik (toll) gates at Business Bay Crossing and in Al Safah South by November 2024. Read More: Azizi Starts …
DUPHAT 2024 concludes in Dubai with business deals worth AED8.5 billion
The 29th edition of the Dubai International Pharmacy Technologies Conference and Exhibition – DUPHAT 2024, concluded in Dubai today with unparalleled success which reflected in the volume of direct …
Dubai Outlet Mall to ‘speed up’ retailer occupancy before Ramadan – there is a cinema too
Shopping destination is adding a cinema, farmer’s market and a LuLu hypermarket The Dubai Outlet Mall added 3.8 million square feet for its new extension, which was completed Q3-2023. Image Credit …
Toll operator Salik lifts Dubai, Abu Dhabi falls
Dubai stock exchange closed higher on Friday, lifted by a jump in toll operator Salik Company , while the Abu Dhabi index declined.
UAE: Abu Dhabi’s Mussafah gets first hospital dedicated to women, childcare
A first-of-its-kind multispecialty hospital specialised in women and childcare has opened in Abu Dhabi’s Mussafah – a thriving hub of residential communities and industries.Millennium Hospital, a …
Masdar City opens its first mosque with focus on community and environment in Abu Dhabi
In total, the mosque will use over 50 per cent less energy than a traditional mosque building. Solar photovoltaic panels, installed on the nearby car parking shades, produce a portion of the …
Dubai-based travel platform Tumodo raises $35mn in pre-seed funding
Tumodo, a Dubai-based business travel platform, announced raising $35 million in a pre-seed round, co-led by MENA-focused angel investors.
Dubai Chambers strengthens awareness on Corporate Tax Law among 1,327 private sector representatives during 2023
Dubai Chambers contributed effectively to increasing awareness on the UAE’s Corporate Tax Law among the Dubai business community during 2023 by organisi …
Union boss invokes slavery, oppression and water slides in Instagram attack on Dubai
“In Dubai, they’ve got terrible rights for workers … “sick to death” of profitable companies using wages as a scapegoat for soaring prices. The business lobby’s calls for the industrial impasse to …