The program is aimed at deploying future technologies across key sectors in order to make Dubai a fast-paced technology landscape …
Fraudulent TDS withdrawal case: ₹55.5 crore diverted to Dubai firm as investments
The Enforcement Directorate’s money-laundering probe reveals that ₹55.50 crore of a tax refund fraud was diverted to Dubai-based firms via hawala channels. Assets worth ₹166 crore have been seized in …
Dubai records 3.3pc GDP growth for nine-month period
Dubai has registered a 3.3% rise in the real gross domestic product (GDP) in the first nine months of 2023, further demonstrating its economic strength, resilience and robust growth potential.
UAE: WED Innovation Lab kicks off in Abu Dhabi tomorrow
After the successful launch of WED at COP28, which effectively incorporated children’s early learning years into the global climate conversation, Abu Dhabi’s Early Childhood Authority, as part of the …
Dubai D33 agenda on track; GDP growth rises 3.3% from Jan-Sep 2023
It is also a reflection of Dubai’s favourable economic climate, robust world-class infrastructure, pro-business regulations and deep talent pool which together consistently draw in a diverse array of …
UAE posts growth in foreign investment projects in 2023: UNCTAD
The United Nations Conference on Trade and Development (UNCTAD) has announced that there was a noticeable increase of 28% in new foreign investment projects in the UAE during 2023 compared to the …
Dubai Integrated Economic Zones receives Johnson Controls Blueprint of the Future Award
The award was presented by Marc Vandiepenbeeck, Johnson Controls’ president for the EMEALA region to Abduljalil Al Abbasi, Senior Vice President of Planning and Design at DIEZ, as part of a COP28 …
Dubai Chambers holds 14 workshops on corporate tax
Dubai Chambers recently organised 14 training workshops on corporate tax that were aimed at increasing awareness in this area among the city’s business community. Designed to enhance the readiness of …
Emirati unit of Egypt-listed Maridive sells $40 mln marine asset
Egypt-listed Maridive and Oil Services announced that its subsidiary Ocean Marine UAE is finalizing a deal to sell a $40 million marine unit to settle a part of a $45.5 million debt to banks, …
Global fintech CoorB launches operations in Egypt, Saudi Arabia, UAE
Dubai-based global fintech company CoorB announced the launch of its operations in Egypt, Saudi Arabia, and the UAE, according to a statement on Sunday.
No plans to impose personal income tax, Saudi finance minister affirms
Image Credit: AFP Dubai: Saudi Arabia’s Finance Minister has unequivocally said that there are no intentions to impose income tax on individuals in the country. During an interview at the 2024 World …
Dubai Customs Issues 13 Key Policy Announcements in 2023
Dubai Customs reinforces transparency and efficiency with the release of 13 customs policy announcements in 2023. These updates inform stakeholders abou …
Dubai GDP expands 3.3% in 2023 as emirate pursues ambitious economic vision: Sheikh Hamdan
“Driven by the strategic vision of its leadership, Dubai has set an example for economic strength, resilience and innovation. With the dedicated efforts of our government teams and international …
Bike riders targeted in new safety drive by Sharjah Police
Awareness aboutcommon violations that cause accidents key focus of traffic campaign Sharjah: A road safety drive has been launched by Sharjah Police to raise greater awareness about common violations …
UAE: Is it mandatory for person leaving country to cancel company’s license?
Do I need to cancel the licence or will it expire on its own? Please advise. The UAE has several jurisdictions where a company may be registered. Since you have not mentioned the specific emirate, we …
UAE launches Global TradeTech Sandbox during World Economic Forum in Davos
The minister called on innovators in the field of global trade technology to visit the United Arab Emirates and benefit from its business environment to develop, refine, and disseminate their …
D-Day for the Telegraph: Will Abu Dhabi’s bid to buy the paper succeed?
George Osborne likes to boast that he is one of a select group of people who have visited the private Channel Island of Brecqhou. In 2006 the Tory MP for Tatton was a guest of the reclusive Barclay …