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Category: BUSINESS

Posted on 29/06/2023

Binance’s Powerful Co-founder Yi He Breaks Silence Amidst Regulatory Turmoil

Despite a long history spent away from the public spotlight, Binance co-founder and senior executive Yi He is finally speaking up as two of the United States’ chief market regulators sue her company.

Posted on 29/06/2023

Look: Bollywood couple Ranbir Kapoor, Alia Bhatt spotted shopping at Dubai Mall for daughter

As per Indian media, Bollywood’s power couple is in the emirates on holiday. Now, a picture of Alia Bhatt and Ranbir Kapoor at Dubai Mall has surfaced online. In the photo, the couple is matching in …

Posted on 29/06/2023

UAE: Implementation of Tax on overseas spending for Indian tourists postponed

and other items in their favourite foreign destinations like Dubai and Abu Dhabi will be steady. This comes after the Indian Finance Ministry decided to delay the implementation of a 20 percent tax on …

Posted on 29/06/2023

20% tax on Indian tourists’ overseas annual spending on hotel stays, shopping, entertainment postponed

Remittances for the education of Indian children in campuses such as in the UAE will not attract any tax if they are below 700,000 Indian rupees ($ 8,500). Above that limit, TCS of 0.5 percent is …

Posted on 29/06/2023

Adnoc’s expansion of largest UAE offshore oilfield reaches crucial bidding stage

At least four leading domestic and international contracting giants have submitted technical offers to Abu Dhabi National Oil Company (Adnoc) for the expansion of Upper Zakum, the largest offshore …

Posted on 29/06/2023

Wooden furniture manufacturers seek opportunities in the UAE

The UAE, which has to import woodwork and wooden furniture products, has need for living room products, which could be worth $1.08 billion. This could be a great opportunity for Vietnam exporters.

Posted on 29/06/2023

The best shopping malls in Dubai: Your complete guide

It’s safe to say that no matter what you’re interested in you’ll be able to find something to do, see or eat at the Dubai Hills Mall. If you love your fashion or just strolling around the shops, …

Posted on 28/06/2023

Why Abu Dhabi’s Bet on NIO Stock Is a Case of Color-Blind Optimism

Even as a large-scale investor takes a sizable stake in Nio, a look at the hard facts should dissuade cautious traders from buying NIO stock.More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Did Elon Musk Just Trigger a New Netscape Moment?

Posted on 28/06/2023

Crypto’s most powerful woman speaks out as crisis rocks Binance

Yi He, a senior executive at Binance, one of the largest cryptocurrency exchanges, has spoken out about the regulatory challenges faced by the company …

Posted on 28/06/2023

Bybit granted MVP licence by Dubai’s VARA

The Preparatory Licence does not yet allow Bybit to commence virtual asset operations in Dubai, but exhibits the significant progress made to obtain operational permission from VARA …

Posted on 28/06/2023

Abu Dhabi’s Medeor and Burjeel Hospitals welcome first babies born on Eid Al Adha

Abu Dhabi: As the clock struck 12 on Wednesday, an Egyptian couple and a Jordanian couple marked Eid Al Adha in a special way while welcoming the newest additions to their families. The families of …

Posted on 28/06/2023

Abu Dhabi’s Ambitious 2023 Roadmap Focuses on Culture to Boost Tourism

In its roadmap for growth, DCT Abu Dhabi said it is committed to promote, protect, and advance the emirate’s culture and tourism sectors.

Posted on 28/06/2023

Sharjah Ruler performs Eid Al Adha prayer at Sharjah Mosque

His Highnews Dr Sheikh Sultan Bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, today morning performed the Eid Al Adha prayer at the Sharjah Mosque.

Posted on 28/06/2023

UAE: Fire breaks out in residential building in Sharjah

A minor fire broke out at a residential unit on the first day of Eid Al Adha in Sharjah’s Maysaloon area on Wednesday …

Posted on 28/06/2023

Dubai has many opportunities: Bollywood star

She was talking to the media after inaugurating her new business venture, ‘Buzz’ club and café lounge, at Al Khaleej Hotel in Dubai. The event was attended by a large number of social media …

Posted on 28/06/2023

Here’s how UAE restaurants are driving sustainability

Restaurants in the UAE have embraced sustainable practices to reduce their environmental impact and protect the planet for future generations …

Posted on 27/06/2023

Adnoc Drilling lands $2bn deals to boost offshore operations

Adnoc Drilling Company has secured contracts worth nearly $2 billion covering operations across five fields in the Abu Dhabi National Oil Company’s offshore portfolio. This aligns with the listed …

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