Abu Dhabi-based 2PointZero—which invests in emerging technologies and future-sustaining businesses—aims to go public and list on the Abu Dhabi bourse this year, the group CEO said. While speaking at …
UAE’s Hubpay aims to cut business account processing time from 3 months to 24 hours
The UAE is currently home to over 557,000 SME businesses, with a target to grow that number to over 1 million by 2030 …
Dubai Land Department announces 127 new owners’ committees
The Real Estate Regulatory Agency (RERA) at Dubai Land Department (DLD) has announced the formation and registration of 127 new owners’ committees across the emirate.
UAE looks to lure more financial services, AI and pharma firms
The UAE is increasing efforts to attract investments in financial services, pharmaceuticals as well as technology and manufacturing, its Minister of Investment said. It also aims to further simplify …
UAE’s Flow48 secures $69mln from Paris-based VC firm, other investors
UAE-based fintech Flow48, which specialises in financing for small and medium-sized enterprises (SMEs), has secured $69 million to expand into Saudi Arabia and other key markets.
Revealed: Dubai’s most expensive schools 2025
Dubai schools offer 17 curricula, including IB, Indian, German, and French Dubai is currently home to over 227 private schools with over 387,441 students enrolled across the city. The schools offer 17 …
UAE corporate tax: Considerations with barter
Before money, we bartered using vegetables and meat. We swapped an agreed amount of one for the other and both sides consumed a balanced meal. Win, win. Over time, we created a common medium of …
Richmind to enter UAE real estate market with 1,000 new units
Redefining waterfront living, the mixed residential property will offer a combination of apartments, villas, duplexes and premium penthouses …
Chinese missile defence systems on show at IDEX weapons expo as war heats global market
China set to capitalise on Mideast market as Russia cuts back on sales and the US has restrictions for some countries, analyst says.
Sharjah launches first digital taxi booking service via Yango
Sharjah Asset Management Company, the investment arm of the Sharjah Government, has launched a pilot service for the first digital taxi booking service for the emirate, through Yango application, in …
Hawala Racket Busted: Three Students Deported From Dubai With Smuggled Foreign Currency, Two Arrested In India
A major hawala racket smuggling foreign currencies to the UAE was busted following the deportation of three students from Dubai. The unsuspecting flyers were found carrying undeclared USD 400,100 in …
Emirati minister says UAE can be gateway to global success for Indian entrepreneurs
A leading Emirati minister has called on Indian entrepreneurs and business leaders to continue to embrace the UAE as a “gateway to new opportunities around the world” at a major gathering celebrating …
Dubai Launches ‘Salama’ AI Platform To Simplify Visa Service
The General Directorate of Residency and Foreigners Affairs (GDRFA) in Dubai has launched a revolutionary artificial intelligence platform called ‘Salama’, designed to transform residency and visa …
UAE small businesses reap benefits as Muwafaq package supports SME tax compliance
The package seeks to create a significant step forward in fostering innovation within the tax system and delivering comprehensive solutions that align with market needs …
Intesa Sanpaolo and UAE Masdar strengthen M&A cooperation
Intesa Sanpaolo and Abu Dhabi Future Energy Company (Masdar) have signed a Memorandum of Understanding to enhance their cooperation in mergers and acquisitions, the bank announced on February 24. The …
UAE fuel prices: Will they rise or fall for March 2025?
The UAE announced the retail fuel prices for February 2025, raising the rates by as much as 0.13 fils per litre compared to the month of January 2025.
MTN taps Dubai company for fintech across Africa
MTN has chosen a company from Dubai to be its fintech partner, facilitating payments across the telecom’s Africa markets.