In the UAE, where 42 per cent of water is sourced from energy-intensive desalination plants, the nation faces the challenge of meeting one of the world’s highest water consumption rates – an average …
FICC to increase the number of banks supported by CBI
The FICC announced on Tuesday that it has undertaken an initiative to increase the number of correspondent banks supported by the CBI.
Exporters hail govt’s move to allow TRQ holders under India-UAE trade pact to import gold through IIBX
Gems and jewellery exporters on Tuesday welcomed the government’s move to allow valid licence holders to import specified quantities of gold at concessional customs duty from the UAE under the free …
COP28 in UAE: New Dubai fintech platform to transform environmental, social, corporate governance
Ahead of COP28, fintech platform Fils was launched in Dubai on Monday to help global businesses turn intent into action when integrating sustainable values into the core of digital payments. The …
Rapid increase in bilateral trade, tourist traffic reflects booming Indonesia-UAE ties: Indonesian Envoy
A rapid increase in Indonesia-UAE bilateral trade since the enforcement of Comprehensive Economic Partnership Agreement (CEPA) on 1st September 2023, and a surge in tourist traffic reflect …
Fintech for good: New innovative payments platform Fils to transform the world of ESG
Fils is a first of its kind infrastructure that is powering sustainable action with an API that seamlessly connects digital payments infrastructure, bringing individual, corporates and impact projects …
Second batch of wounded Gaza children and their families arrives in Abu Dhabi
The plane coming from Al-Arish Airport in the Arab Republic of Egypt landed at Abu Dhabi Airport, carrying on board children who are in dire need of medical assistance, suffering from severe injuries …
UAE: Housing rules to be tightened for singles in Sharjah
Sharjah authorities will be tightening housing regulations for single individuals who are living in the emirate’s residential neighbourhoods, it was announced on Tuesday. The directive comes as the …
SEC discusses promoting eco-tourism in Sharjah
The Executive Council of the Emirate of Sharjah held its weekly meeting under the chairmanship of His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah …
Crescent Petroleum lowers carbon intensity, maintaining carbon neutrality in UAE Year of Sustainability
Sustainability has been a pillar of our business since our founding in 1971 … “From the founding of Masdar to the Mission to Mars, the UAE has been a pioneer in using science and ambition to tackle …
Dubai Chamber of Commerce: Exports climb to $57bn amid massive increase in companies
Dubai Chamber of Commerce attracts 48,616 new member companies as value of members’ exports and re-exports surges to AED 210 billion between Q1 and Q3 2023. To read more: https://t.co/8Ktsqc0tVi …
Dubai Chamber of Commerce membership surges 43% in first 9 months of 2023
The expansion of membership also led to a significant rise in the total value of exports and re-exports of member companies, which reached a total of AED210 billion …
ADGM Paving the Way for UAE Capital Market Growth
Under the Resolution, it became possible for companies registered in UAE free zones, one of them being Abu Dhabi Global Market (“ADGM”), to offer their shares for public subscription in the UAE …
Dubai International Chamber successfully arranges 170 bilateral business meetings as West Africa trade mission kicks off in Abidjan, Côte d’Ivoire
A delegation of 15 Dubai-based businesses representing 10 sectors participated in the ‘Doing Business with Côte d’Ivoire’ event to explore opportunities for overseas expansion and partnerships with …
Saudi income tax reform; Bitcoin vs Gold; UAE COP28 transport guide – 5 trending stories to read today
Saudi Arabia is proposing major reforms to its income tax laws through amendments to the ‘Income Tax Law’. Late last month, the kingdom’s Zakat, Tax and Customs Authority (ZATCA) released draft laws …
Iran-UAE Trade Hits $34 Billion in 2022: Roads Minister
The total value of trade exchanges between Iran and the United Arab Emirates (UAE) reached $34 billion in 2022, Iran’s minister of roads and urban development said.
Dubai commercial real estate supply crisis lessening as new developments come online to fill booming demand
New commercial developments launched to meet the rising demand for office space include four new buildings in Dubai Hills Business Park and two additional blocks in Park Heights Square in Dubai Hills …