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Category: BUSINESS

Posted on 27/01/2025

1500 representatives from ICAO member states to gather in Abu Dhabi in February to shape future of civil aviation

Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, Abu Dhabi is set to host the 4th ICAO Global Implementation Support …

Posted on 27/01/2025

The Best Country To Live In For Digital Nomads Has 0% Income Tax Rate

From Italy’s program offering up to $32,000 to move to Tuscany to Thailand’s new five-year remote live and work visa, becoming a digital nomad is easier than ever. Although living and working in a …

Posted on 27/01/2025

Abu Dhabi’s PureHealth acquires majority stake in Greek hospital chain

Abu Dhabi-based PureHealth Holding PJSC is set to acquire a majority stake in Hellenic Healthcare Group, a Greek hospital chain, from CVC Capital Partners (WA:CPAP). The move is part of the Emirate’s …

Posted on 27/01/2025

Abu Dhabi Tourism Rises 26% with 4.8M Visitors

Abu Dhabi is celebrating a stellar year for tourism, with The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) reporting 4.8 million guests between January and October 2024. This marks a …

Posted on 27/01/2025

Sound of silence: rediscovering peace in Abu Dhabi’s forgotten port

And so, I sign up for Abu Dhabi ‘s Warehouse 421’s silent walk series with glee. Two whole hours of peace. No weary renditions of Baby Shark to be reeled off for at least 120 minutes. No referring to …

Posted on 27/01/2025

Abu Dhabi’s gateway to Milan triples with incredible fares

The combined triple-daily service will see Etihad offer 12,600 seats per week between Abu Dhabi and Milan, representing a year-on-year capacity increase of almost 115 per cent. The schedule is …

Posted on 27/01/2025

Abu Dhabi motorists report accident on road toward Dubai; delays expected

Motorists travelling from Abu Dhabi to Dubai have reported a traffic jam on the Sheikh Zayed Road (E11). According to a Google Maps update, an accident has occurred on the stretch Al Shahamah, near …

Posted on 27/01/2025

Abu Dhabi Securities Exchange signs MoU with Iraqi Securities Commission

The Abu Dhabi Securities Exchange (ADX) has signed a Memorandum of Understanding (MoU) with the Iraqi Securities Commission at the governmental palace in Baghdad, under the patronage of Prime Minister …

Posted on 27/01/2025

Economy Minister: Georgian Gov’t to secure “multi-billion-dollar” investment agreement during PM’s visit to Abu Dhabi

Georgian Economy Minister Levan Davitashvili on Sunday said an “important agreement” with a “leading global development group” was planned to be signed during the ongoing visit of the country’s Prime …

Posted on 27/01/2025

L&T announced as preferred EPC contractor for solar PV and battery storage gigascale project in Abu Dhabi

L&T’s renewables business vertical has been selected by Masdar, as one of the preferred EPC contractors for solar PV and battery storage gigascale project which will be built in Abu Dhabi.

Posted on 27/01/2025

Sharjah Chamber launches the first ” Rare Natural Pearls” exhibition in the Emirate, during the sixth Jewels of Emirates Show

Sharjah, The Emirati Goldsmiths Platform, an initiative of the Sharjah Chamber of Commerce and Industry (SCCI) aimed at supporting young Emirati talents in the gold and jewellery design industry, is …

Posted on 27/01/2025

UAE stocks witness highest foreign buying in Q4 2024 among GCC peers

Overall, foreign investors, including institutional and retail investors, were net buyers on GCC stock markets during Q4 2024 with net buying at $3.0 billion as compared to $3.7 billion in net buying …

Posted on 27/01/2025

UAE petrol prices to change for February 2025

The UAE is set to announce petrol prices for February 2025 later this week. Petrol prices were frozen in January, as the UAE announced there would be no change for motorists filling up on Super 98, …

Posted on 27/01/2025

UAE Federal Tax Authority Clarifies Penalties for Unpaid Corporate Taxes

Failing to pay the due corporate tax for each month or part thereof shall be subject to a monthly penalty of 14% per annum.

Posted on 27/01/2025

UAE: Planning to import plants? How to obtain permits for agricultural shipments

Do you own a plant nursery in the UAE and want to import seeds or saplings to diversify your produce or expand your business? To do so, one must obtain authorisation from the country’s Ministry of …

Posted on 27/01/2025

Federal Tax Authority applies VAT refund of AED 2.9bln for 35,000 UAE Nationals for building new residences by the end of 2024

K retail outlets across the UAE now providing tax refunds for tourists with an 18 per cent increase in self-service tax refund systems recorded over the last year …

Posted on 27/01/2025

Sharjah Launches AI-Driven Smart Parking Services

Sharjah Municipality has rolled out an advanced AI-powered parking system across the city, making parking more convenient and efficient for residents and visitors.AI for Seamless ParkingThe new system …

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