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Category: BUSINESS

Posted on 15/05/2025

State Department approves $1.4B helicopters, F-16 parts sale to UAE

The U.S. has announced a potential sale of more than $1.4 billion in helicopters and F-16 fighter jet parts to the United Arab Emirates, days ahead of President Trump’s visit to the country.  The …

Posted on 15/05/2025

WHX Tech to debut in Dubai as digital health gains momentum in the Middle East

This growing ecosystem of investment, policy support and private-sector innovation is precisely why we’re launching WHX Tech in Dubai from 8–10 September 2025 a groundbreaking event designed to …

Posted on 15/05/2025

Dubai Municipality issues alert over fake magazine offering ads for up to Dh35,000

Dubai Municipality has issued a stern warning to business owners in Dubai after reports emerged of individuals falsely claiming affiliation with the civic body while soliciting congratulatory …

Posted on 15/05/2025

Ripple President Monica Long meets with UAE officials at Dubai Fintech Summit

Ripple President Monica Long met with UAE officials today at the Dubai Fintech Summit. The two discussed the digital payment system infrastructure and accelerating financial innovation within the …

Posted on 15/05/2025

HODL Dubai Summit 2025 opens with dialogue on blockchain, crypto, and Web3 innovation

Marking its 30th global edition, the world’s longest-running crypto conference kicks off with more than 5,000 attendees from 60 countries, spotlighting regulatory trends, tokenization, and startup …

Posted on 15/05/2025

The Dubai Mall announces major traffic changes, be prepared for disruption

Dubai: The Dubai Mall, which earned the title of the most visited destination on Earth in 2024, has announced a series of temporary traffic and access changes as part of its ongoing major expansion.

Posted on 14/05/2025

Why millionaires are migrating to Dubai and what it signals

Amid intensifying global scrutiny of wealth and rising tax pressures, Dubai is emerging as a strategic base for high-net-worth individuals seeking long-term security, capital preservation, and global …

Posted on 14/05/2025

Abu Dhabi’s XRG to expand in Turkmenistan with offshore gas field deal

Adnoc’s global energy investment arm XRG is teaming up with Malaysia’s Petronas to expand its footprint in Central Asia with a stake in Turkmenistan’s offshore gas and condensate field. Petronas will …

Posted on 14/05/2025

Fire contained at Dubai restaurant near Mall of the Emirates after gas blast

Emergency services in Dubai were called into action after a gas leak sparked a late-night fire at a restaurant near the landmark Mall of the Emirates.Dubai Civil Defence said it swiftly contained the …

Posted on 14/05/2025

Dhruva launches its AI platform to simplify taxation in UAE

Powered by a predictive and adaptive engine, DhruvAI.tax acts as a virtual tax strategist—maximizing deductions and simplifying transfer pricing compliance for UAE enterprises …

Posted on 14/05/2025

Deyaar delivers strong start to the year with AED119.8mln net profit before tax in Q1 2025, up 54% YoY

Deyaar’s net profit before corporate tax for the three-month period ending 31st March 2025 surged to AED 119.8 million …

Posted on 14/05/2025

Dubai Chambers organises two legal workshops on shareholder agreements, tax transactions

Dubai Chambers recently organised two legal workshops aimed at raising awareness among companies about shareholder agreement procedures and tax-related transactions, as well as the importance of …

Posted on 14/05/2025

ADNOC’s XRG takes stake in Turkmenistan gas block

Abu Dhabi National Oil Company’s international investments arm XRG said on Wednesday it had taken a stake in an offshore natural gas block in Turkmenistan, part of its ambitious growth plans.

Posted on 14/05/2025

Abu Dhabi Customs hosts first World Customs Organisation study mission on blockchain technology

Abu Dhabi Customs hosted the first study mission of the World Customs Organisation (WCO) in Abu Dhabi as part of the “Smart Customs” initiative.The mission aimed to explore leading practices in …

Posted on 14/05/2025

Dubai FinTech Summit 2025: Innovation, Inclusion & Insights – Watch the Highlights

The Dubai FinTech Summit 2025, hosted at Madinat Jumeirah, once again reaffirmed Dubai’s position as a global hub for financial technology and innovation. Organized by the Dubai International …

Posted on 14/05/2025

UAE likely to strike advanced Nvidia-chips deal with US during Trump visit

The Trump administration is weighing a deal that would allow the UAE to import more than a million advanced Nvidia chips, a quantity that far exceeds limits under Biden-era AI chip regulations, …

Posted on 14/05/2025

US Mulls Letting UAE Buy Over a Million Leading Nvidia Chips

The Trump administration is weighing a deal that would allow the United Arab Emirates to import more than a million advanced Nvidia Corp. chips, people familiar with the matter said, a quantity that …

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