Within the framework of FAAD Capital’s strategy to establish regional hubs domestically and internationally, the fund’s office in Dubai is expected to deepen its presence in the GCC region …
ADNOC L&S adds 20 offshore assets in 2024
ADNOC L&S acquired and deployed nine offshore support vessels, including a passenger ferry, crew boats, anchor handling tug supply vessels, platform supply vessels and multipurpose supply vessels …
ADIO and EXIM forge MoU to boost US-UAE trade in key sectors
It marks a significant milestone in facilitating the import and export of raw materials, services and technology, particularly in priority sectors …
Dubai Roads and Transport Authority awards $5.6bln metro line project to consortium
DUBAI – The Dubai Roads and Transport Authority (RTA) awarded on Thursday a 20.5 billion dirham ($5.6 billion) contract for the Dubai Metro Blue Line project to a consortium of three companies, the …
ShopDoc plans $50mn Dubai-Kerala healthcare corridor to tap medical tourism
Dubai-based digital healthcare firm Shopdoc reveals plans to invest $50 million to merge Kerala’s ancient healing traditions with the UAE’s cutting-edge healthcare facilities …
UAE corporate tax: Implications of Pillar 2 rules for businesses
Today we are going to look at the third rate of corporate tax. You may be wondering, “three rates?” The more astute of you will quickly count two. The first tier consists of a zero per cent rate on …
Dubai’s RTA introduces app-based minibus pooling service
These minibuses will operate on demand, with bookings through three smart applications: Citylink Shuttle, DrivenBus, and Fluxx Daily, RTA said …
UAE and US to foster trade, economic collaboration
Abu Dhabi Investment Office (ADIO) has signed a Memorandum of Understanding with the Export-Import Bank of the United States (EXIM), focused on …
Dubai launches minibus ride-sharing service
Initially, it will be available in Deira, connecting to central business districts such as Business Bay, Dubai Mall, Mirdif, and Dubai Festival City. The plan is to gradually expand the service to …
This is Dubai’s latest idea to improve traffic
Initially, the service will only depart from Deira towards central business districts such as Business Bay, Dubai Mall, Dubai Festival City and Mirdif. So, if you’ve got a regular commute then you’ll …
UAE and Qatar citizens to get 10-day visa-free entry to China
Number of provinces that these travellers can visit under the transit programme has been increased from 19 to 24 …
France, Italy top visa destinations for UAE residents, data shows
France and Italy have emerged as the most popular visa destinations for UAE residents, according to new data from travel technology firm Atlys.
Meet Singo Paintball, UAE’s first indoor paintball space
Gather the crew… If your gang prefers fun and games over brunch and drinks, there’s a new playground for you to try. Singo Paintball is the UAE’s first indoor paintball facility, and you’re sure to …
ADIO signs MoU with Export-Import Bank of the United States
Agreement to foster bilateral trade ties by facilitating imports and exports of raw materials, services, and technology …
Dubai Customs advances succession planning to strengthen leadership and continuity
“Dubai Customs is committed to supporting Dubai Government’s vision in human resources policies and systems. The updated succession planning framework aims to enhance the competencies of human capital …
UAE banks team up to fund $178m London student real estate development
UAE’s Emirates NBD and Abu Dhabi Islamic Bank close funding arrangement for Purpose-Built Student Accommodation in London …
Massive 9-bedroom Dubai villa sold for $54.5m on ‘Street of Dreams’
A nine-bedroom mansion in Hills Grove, Dubai Hills Estate has sold for a record-breaking AED200m ($54.5m). Dubai Sotheby’s International Realty announced the sale, which surpasses the firm’s previous …