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Category: BUSINESS

Posted on 22/01/2024

8 top supermarkets for expats in Dubai

Whether you’re hunting for snacks, toiletries or fresh produce, you’re bound to find international products from your home country at these expat supermarkets …

Posted on 22/01/2024

In his capacity as Ruler of Abu Dhabi, UAE President issues law establishing Artificial Intelligence and Advanced Technology Council

ABU DHABI, 22nd January, 2024 (WAM) — In his capacity as Ruler of Abu Dhabi, His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, has issued a law establishing the Artificial …

Posted on 22/01/2024

Abu Dhabi issues new AI law, introduces council to develop sector

Abu Dhabi has established a new artificial intelligence council as it looks to develop and regulate an emerging technology sector and create investment and research opportunities.

Posted on 22/01/2024

IPT Energy expands Sharjah operations with new entity

IPT Energy, a prominent leader in the energy sector with origins in Lebanon since 1970, recently expanded its presence in Sharjah through the establishment of IPT Energy Trading. IPT Energy …

Posted on 22/01/2024

UPDATE 1-UAE’s ADNOC boosts lower-carbon budget to $23 billion

DUBAI, Jan 22 (Reuters) – The state-owned Abu Dhabi National … In late 2022, ADNOC at its board meeting approved a five-year business plan and capital expenditure of 550 billion dirhams ($150 …

Posted on 22/01/2024

Dubai’s ANAX Developments launches $128mln luxury tower in Business Bay

ANAX Developments, a subsidiary of ANAX Holding, has launched its first luxury tower in Dubai’s Business Bay area at the cost of 470 million UAE dirhams ($127.96 million). The 19-storey Vento Tower, …

Posted on 22/01/2024

HummingbirdEV to Open Microfactory for its Zero-Emission Commercial Vehicles in the United Arab Emirates

HummingbirdEV, a global provider of advanced commercial vehicle electrification systems, announced today it will establish a new advanced microfactory facility in the United Arab Emirates (UAE). The …

Posted on 22/01/2024

UAE: Formation to farewell: The tax group saga

In our last article, we have discussed the conditions to form a corporate tax group (tax group); and when the necessary conditions are fulfilled, the parent company has the option to establish a tax …

Posted on 22/01/2024

Dubai Customs Week boosts global trade security and flexibility

The ninth edition of Dubai Customs Week commenced with the theme “Digital Empowerment: Forging Impactful Partnerships”, underscoring the importance of cultivating purposeful partnerships and fostering …

Posted on 22/01/2024

Dubai’s Trèsind Studio Restaurant Aims To Challenge Common Views On Indian Cuisine

Michelin starred restaurant in Dubai serves the most exquisite bites of food in a multi-course menu influenced by the different regions of India.

Posted on 22/01/2024

Samsung unveils the future of AI at an interactive pop-up store at Dubai Mall

Dubai, UAE: Samsung Gulf Electronics has launched an interactive pop-up space at the Dubai Mall to showcase its latest mobile devices following Galaxy Unpacked on January 17, where Samsung introduced …

Posted on 22/01/2024

DMCC, Danube Properties to develop new AED2bn residential towers in Dubai’s Jumeirah Lakes Towers

DMCC, the free zone authority in Dubai, has partnered with leading private developer Danube Properties to bring a new residential project to Jumeirah Lakes Towers district. The development will see …

Posted on 22/01/2024

DMCC and Danube properties partner to launch USD 545 million residential project in thriving JLT district

DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has partnered with Danube Properties to bring a new residential project to its thriving …

Posted on 22/01/2024

Dubai real estate: Luxe VENTO Tower nears completion in Business Bay

A new residential skyscraper in Dubai’s Business Bay neighbourhood is nearing the end of construction. VENTO Tower, developed by ANAX Developments, will see 225 apartments delivered by the fourth …

Posted on 22/01/2024

UAE records 28% increase in foreign investment projects, ranks second globally: UNCTAD

The United Nations Conference on Trade and Development (UNCTAD) said the UAE registered a 28 percent increase in new foreign investment projects during the year 2023, compared to 2022, recording the …

Posted on 22/01/2024

WTO moratorium on customs duties for e-comm trade must end: Experts

Ahead of the 13th Ministerial Conference of the World Trade Organization (WTO) to be held from February 26-29, 2024 in Abu Dhabi, United Arab Emirates, experts have advised the Indian government to …

Posted on 22/01/2024

Death Certificate, Burial Procedures to be Simplified in Abu Dhabi

Abu Dhabi, under the Abu Dhabi Programme for Effortless Customer Experience, has introduced the Sanadkom initiative, a groundbreaking effort to digitally consolidate services from seven governmental …

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