Vietnamese electric car maker VinFast has signed a non-binding deal with a consortium of Emirati investors to receive at least $1 billion in funding, a person with direct knowledge of the agreement …
Sharjah’s Alef Group launches Nama 5 at Al Mamsha Raseel
Sharjah-based Alef Group announced the launch of Nama 5, the newest residential building within the Al Mamsha Raseel. The project, consisting of 190 units, offers a variety of 1-bedroom, 2-bedroom, …
Fundamental Hospitality announces three new Dubai concepts in major global expansion plan
Fundamental Hospitality further aims to operate 100 venues globally, surpassing its initial £140 million investment programme …
EXCLUSIVE: Dubai viral chocolate owner ‘frustrated’ by copycats
Founder Sarah Hamouda explained that its FIX’s “quality, creativity, and precision” that makes the chocolate different …
Dubai: Heavy traffic, long queues around immigration centres on last day of visa amnesty
Long queues, heavy traffic and crowds were seen outside immigration centres around the UAE on the last day on the country’s . Some Amer centres reported having to employ extra staff to deal with the …
AED1M Fine for Hiring Illegal Residents as UAE Amnesty Ends
As UAE’s visa amnesty period concludes on October 31, employers are warned of hefty fines starting November 1 for hiring overstayers and residency violators. The Federal Authority for Identity, …
Authorities issue warning to violaters as UAE visa amnesty deadline approaches
The authority will facilitate the process, offering exemptions from fines related to residency and visa violations, as well as fees for cancellations and work absence reports. The UAE Visa grace …
UAE ‘important’ and ‘stable’ market with high ‘potential’ for Chinese automotive brand OMODA & JAECOO, says CEO
In an exclusive interview with Arabian Business at the 2024 Chery International User Summit, CEO Shawn Xu talks why the UAE is an important market for OMODA&JAECOO …
Dubai viral chocolate: FIX founder Sarah Hamouda reveals how she built the ‘Hermes of Desserts’
In her first in-depth interview following her global success and recognition, Dubai-based Sarah Hamouda talks to Arabian Business about how her pregnancy craving turned into a chocolate empire which r …
Where to celebrate Diwali in Dubai
Just in case you are not familiar with Diwali, this is an opportunity to learn more about this beautiful festival, also known as the festival of lights!Celebrating Diwali in DubaiDiwali in Dubai is a …
Binghatti launches Dh5 billion project in Business Bay
In a new step to strengthen its position in Dubai’s luxury real estate market, Binghatti Developers has now launched ‘Binghatti Skyrise’, in the heart of Business Bay area of Dubai, aiming to meet the …
KRA wins Sh122m tax fight with KTDA’s Dubai unit
The Tax Appeal Tribunal (TAT) said that KRA was justified to demand tax from the UAE-based KTDA Dubai Multi Commodities Centre, because some of the firm’s operations took place in Kenya. “The Tribunal …
UAE visa amnesty: After Dh200,000 fines waived, senior expat couple ready to fly out
This (birthday gift) is actually equivalent to about Dh200,000, if we compute the fines that both of us have incurred for overstaying our visa,” Tess, who requested not to give their surname, told on …
UAE introduces new tax law
The UAE has announced new laws to transform tax collection and record-keeping for businesses in the country. Under new rules, taxpayers in the UAE will be able to standardise and automating invoicing …
6 new rules introduced in the UAE in 2024 to know about
Important updates relevant to residents… Each year, the UAE makes significant changes to its laws to make it easier for residents to enjoy life in Dubai. From paid parking in Dubai Mall to a complete …
UP GLOBAL and Huawei Forge Strategic Partnership, Ushering in a New Era of FinTech Innovation
On October 17, 2024, at the GITEX GLOBAL 2024 tech summit in Dubai, UP GLOBAL and Huawei announced a strategic partnership aimed at accelerating innovation in the global fintech sector and driving …
Pivotal time for investors as Dubai’s land prices soar amid off-plan boom
Zooming out to the broader landscape, the availability of land in Dubai today is significantly more limited compared to five years ago. This scarcity is particularly pronounced in high-demand areas …