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Category: BUSINESS

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 …

Posted on 14/05/2025

UAE Opens Blue Visa For Expats: What Is It And How To Apply

T he United Arab Emirates (UAE) has started allowing eligible individuals to apply for its multiple-entry visa, which is eligible for 180 days (or six months) from the date of ent …

Posted on 14/05/2025

UAE Golden Visa: 7 additional professions eligible for 10-year residency permit

As people from all over the world make UAE their home, the country’s leaders have introduced initiatives such as 10-year residency to support talent. The Golden Visa allows visa-holders to live, work …

Posted on 14/05/2025

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

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

Fintech remains top choice of investors as it attracts 362% more investment in Q1

Fintech remained a funding powerhouse in the Middle East and North Africa (Mena) during the first quarter of 2025 as it recorded 362% year-on-year growth by attracting $384 million investment, the …

Posted on 14/05/2025

Masdar City in Abu Dhabi: A Model of Urban Sustainability

Nestled in the desert landscape of the UAE, Masdar City in Abu Dhabi is redefining what it means to build a city of the future. This pioneering urban development is designed to be one of the world’s …

Posted on 14/05/2025

There’s a cool new Formula One-inspired mocktail in Abu Dhabi

Your love for sport and mixology, shaken and stirred… This race day-inspired mocktail is simply called Grand Prix, and it’s part of La Petite Maison Abu Dhabi’s cool new beverage menu, Déjà vu, that …

Posted on 14/05/2025

Dubai Allows Free Zone Businesses to Expand to Mainland

Companies can apply for permits to conduct specific activities outside their free zone jurisdiction while remaining compliant with Dubai’s economic framework. The resolution however does not …

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