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Category: BUSINESS

Posted on 10/01/2024

India allows banks to import UAE gold at lower duty

India has permitted banks in the country to import gold from the UAE at concessional duty in a significant policy tweak that is expected to provide a major boost to the local gold exporters. The …

Posted on 10/01/2024

CEPA fuels prosperity, sustainable economic growth for UAE and India

The economic, trade, and investment cooperation between the UAE and India represents a model for constructive international collaboration to stimulate bilateral investments and trade. This was culmina …

Posted on 10/01/2024

Dubai Investments announces 1st flagship development in Africa

Meanwhile Aldar Properties has announced that it is investing a further Dhs1 billion to expand its logistics real estate business in Dubai and Abu Dhabi. Having first entered the logistics sector with …

Posted on 10/01/2024

Dubai businesses upbeat; faster hiring on cards in 2024

Dubai’s business sector started the new year on an upbeat note with its outlook for the next 12 months brightening, signifying a faster rate of hiring and ..

Posted on 10/01/2024

Emaar Hospitality Group Continues its Legacy: Unveiling the Transformation of Address Fountain Views to the iconic Address Dubai Mall

Emaar Hospitality Group Continues its Legacy: Unveiling the Transformation of Address Fountain Views to the iconic Address Dubai Mall …

Posted on 10/01/2024

UAE tax authority and credit bureau boost compliance

at the FTA headquarters in Dubai. The agreement aims to establish an electronic link between the two entities, enabling the Authority to directly access credit reports provided by the Bureau, using …

Posted on 10/01/2024

DCT Abu Dhabi sets Guinness World Record for largest agriculture lesson

Taking place at Gracia Farm in Al Bahia, the lesson brought together a diverse audience of over 290 attendees, including hotel staff, students, organic farming practitioners, and experienced farmers …

Posted on 10/01/2024

Abu Dhabi Securities Exchange (ADX) Welcomes Secondary Dollar and Dirham Bond Listings by Mubadala

Mubadala Investment Company, the Abu Dhabi sovereign investor, through its issuing entity Mamoura Diversified Global Holding (MDGH) announced the succes …

Posted on 10/01/2024

UAE’s DP world signs $3 bln MOUs with India’s Gujarat state government

DUBAI, Jan 10 (Reuters) – UAE’s DP World signed $3 billion worth of memoranda of understanding with India’s Gujarat state government, the Dubai media office said in a statement. The MOUs covers the …

Posted on 10/01/2024

Dubai real estate developer Binghatti snaps up $99m Business Bay plot

Dubai real estate developer Binghatti Properties has expanded its land portfolio after purchasing a Business Bay plot for AED365m ($99m). The prime plot is situated in Business Bay and is just minutes …

Posted on 10/01/2024

Dubai: Changes in taxi fare, nol card top-ups; new parking company explained

Several changes have been implemented in Dubai’s public transport system, including raising the minimum nol card top-up at Metro stations. A new company has also been announced …

Posted on 10/01/2024

Abu Dhabi University and Universiti Sains Malaysia cement strategic partnership to advance health science

The agreement will see both entities collaborating through expanding opportunities for joint research and publications and establishing joint academic and research programs …

Posted on 10/01/2024

Dubai real estate: Property rents to rise in 2024, luring global investors, experts reveal

Dubai’s real estate market remains an attractive investment destination due to expected rental and price increases driven by economic resilience, population growth, and business initiatives …

Posted on 10/01/2024

Dubai Airport Freezone organizes golf tournament for over 72 representatives of companies at the freezone

As a part of community initiatives, Dubai Airport Freezone has organized a one-day golf tournament for over 72 representatives from different companies in various industries based in the Freezone.

Posted on 10/01/2024

From selling computers at age 16, Dubai-based entrepreneur is now a multimillionaire at 33

Ukraine-born serial entrepreneur co-created 30 companies across 19 countries in nine years Ivan Kroshny, 33, now remotely manages the start-ups he helped launch with business partners in different …

Posted on 10/01/2024

Azerbaijan, UAE Sign Documents On Energy Cooperation

Azerbaijan and the United Arab Emirates (UAE) have signed four documents on energy cooperation, Azernews reports. The signed documents include the Memorandum of Understanding between the Ministry of …

Posted on 10/01/2024

Saudi Arabia’s oil price cuts are helping fill the void for Indian refiners as crude imports from Russia plummet

India’s purchases of Russian oil have plunged because there are simply better discounts available elsewhere, the nation’s oil chief said.

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