Experts credited the country’s Covid resilience to the government’s commitment to its community, “which led to swift decision-making”. Speaking at the Health and Wellness Week Business Forum, a top …
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Sharjah Islamic Bank’s net profit up 26.7% in 2021
Sharjah Islamic Bank reported on Wednesday a 26.7 percent increase in net profit for 2021 on the back of a stable growth strategy. Net profit for the 12 months ended December 31, 2021 reached 514.1 …
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UAE to introduce federal corporate tax on business profits from 2023
The UAE will introduce a federal corporate tax on business profits from the financial year starting on or after June 1, 2023, its Ministry of Finance has said. The corporate tax has been set at a …
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Dubai Chamber Of Digital Economy Plans To Attract 300 Digital Startups Within The Next Two Years
to promote Dubai as a global digital economy hub, the newly approved strategy aims towards improving existing digital business infrastructure, as well as attracting global digital firms and startups …
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MPOC: Demand for palm oil rises in UAE and Malaysia looks to the region to drive future export growth
The UAE has historically enjoyed strong trade relations with Malaysia, the world’s second largest palm oil producer and exporter Total trade between the UAE and Malaysia increased by 10.2% between …
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Construction begins on Nakheel’s new Murooj Al Furjan community
Dubai: Master developer Nakheel has awarded a contract for infrastructure work and the construction of 620 homes at Murooj Al Furjan, its sell-out, gated community at its Al Furjan master development.
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Dubai Weighs Reducing Business Fees as UAE Unveils Corporate Tax
Dubai will consider cutting costs for businesses operating in the Middle East’s commercial hub after the United Arab Emirates set out plans to introduce taxes on corporate profit from next year.
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New show in UAE to virtually take residents to space from The Dubai Mall
Emirates Mars Mission part of ‘Destination Cosmos’ by Infinity des Lumières and MBRSC The show will be presented by Infinity des Lumières from February 11 at The Dubai Mall Image Credit …
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Destination Cosmos: Space-themed digital art exhibit set to be launched in Dubai
Dubai’s Infinity des Lumières and the Mohammed bin Rashed Space Center (MBRSC) have joined forces to launch a new immersive digital exhibition entitled …
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The LEGO Group Reveals New Retailtainment Store in Dubai
READY, STEADY, BUILD! · The LEGO® Certified Store opens in The Dubai Mall · In the store, UAE fans can experience the LEGO Group’s new ‘Retailtain …
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Abu Dhabi: Adnoc kicks off fresh bid process for Lower Zakum offshore project
Abu Dhabi National Oil Company (Adnoc) has kicked off a bid process for an engineering, procurement, construction and installation contract for further development at its huge Lower Zakum offshore …
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UAE: World’s first hydrogen-powered flying boat, ‘THE JET,’ set to launch in Dubai
Dubai: Swiss-based start-up THE JET ZeroEmission … The cooperation agreement between THE JET and UAE business partners is good news for the environment and the future of clean-energy maritime …
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UAE declares 9 percent tax on business to take effect on new fiscal year
together with the UAE’s extensive double tax treaty network, will cement the UAE’s position as a world-leading hub for business and investment.” …
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Dubai restaurant owner shares full day’s profit with staff to celebrate Lunar New Year 2022
The restaurant’s four branches are located at – Jumeriah Lake Towers, Downtown Dubai, Nakheel Mall and Time Out Market Dubai. “About 40 of the staff, including chefs, working at the restaurant chain …
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COVID-19: Zulekha Hospital offers quarantine facilities in Dubai and Sharjah
One complimentary PCR test included in new package for recovery clinics Dubai: Keeping in mind the need for isolation and quarantine for COVID-19 patients in the UAE, Zulekha Hosptial has come …
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New UAE weekend: Dubai dining scene booms as residents enjoy shorter workweek, more leisure time
Now that Sunday is more aligned with the rest of the nations, and as Dubai increasingly becomes a melting point … Friday nights are the new Thursday nights.” F&B business owners underline that …
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FDI into Dubai likely to remain strong in 2022
Strong foreign direct investment flows into Dubai are likely to continue throughout 2022 as it continues to manage the Covid-19 pandemic well and on the back of business reforms in the Gulf city, …
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