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Category: BUSINESS

Posted on 07/09/2023

Abu Dhabi Airports and Abu Dhabi Customs sign agreement to reinforce service excellence

Abu Dhabi Airports announced the signing of a service level agreement (SLA) with the General Administration of Customs, to reinforce service levels, and enhance the passenger journey as well as the …

Posted on 07/09/2023

Abu Dhabi Police arrest two over possession of 5kg of cocaine

Two men in Abu Dhabi have been arrested for being in possession of five kilograms of cocaine, authorities said. The suspects, one Latino and the other an Arab, had allegedly planned to distribute the …

Posted on 07/09/2023

Global Fintech Fest 2023: Talent Biggest Challenge for Dubai Fintechs: Mohammad Alblooshi, CEO, DIFC Innovation Hub

Talent is now the biggest challenge for fintechs in Dubai ,” said Mohammad Alblooshi, CEO, DIFC Innovation Hub. In the initial days, access to capital and access to markets were some of the challenges …

Posted on 07/09/2023

Abu Dhabi’s ADNOC Gas signs LNG deal worth up to $550mln with PetroChina

ADNOC Gas plc, a subsidiary of the state energy company Abu Dhabi National Oil Company, on Thursday said it has signed an agreement valued at between $450 million and $550 million to supply liquefied …

Posted on 07/09/2023

Dubai Business Women Council launches new initiative to support female entrepreneurs

The Dubai Business Women Council (DBWC) announced the launching of a new initiative – ‘Industry Insight’ – to bolster support for female entrepreneurs and businesswomen across the emirate. The Council …

Posted on 07/09/2023

UAE expats: Selling your property abroad? What you need to know about ‘capital gains tax’

Image Credit: Shutterstock Dubai: As an expat, wherever you choose to live or reside across the world, it is common to come across the term ‘capital gains tax’, particularly when selling your …

Posted on 07/09/2023

US presses UAE over dual-use goods fueling Russia’s war

US officials, along with their counterparts from the European Union and United Kingdom, are visiting the UAE this week to discuss the Gulf country’s financial dealings with Russia.

Posted on 06/09/2023

Religious leaders to take part in Abu Dhabi summit on road to Cop28

Faith leaders will come together in Abu Dhabi in the lead-up to Cop28 to highlight the crucial role the world’s religions can play in the fight against climate change. The global summit, held under …

Posted on 06/09/2023

Sharjah Economic Development Department Discusses Cooperation With Ministry Of Industry And Advanced Technology

SHARJAH, 6th September, 2023 (WAM) – Sharjah Economic Development Department (SEDD) received a delegation from the Ministry of Industry and Advanced Technology (MoIAT) to enhance mutual work, …

Posted on 06/09/2023

Top 10 Reasons for IT Companies to Choose Dubai

Technology is becoming more and more essential to business nowadays. So, it comes as no surprise that plenty of countries are striving to create a favorable environment for the development of IT …

Posted on 06/09/2023

Empowering Innovation: Dubai Business Women Council Launches Trailblazing“Industry Insight“ Initiative

The Dubai Business Women Council (DBWC) is making waves once again by introducing its groundbreaking initiative –“Industry Insight”. This initiat …

Posted on 06/09/2023

UAE jobs: More than 32 companies on hiring spree, over 1,000 Keralite employees wanted

“In the UAE, employers were only asking for English … The delegation also visited WeOne headquarters at Jebal Ali Freezone (JAFZA) on Monday and held discussions with representatives about the …

Posted on 06/09/2023

San Francisco Lost Its Chance to Be Blockchain Capital, Ripple’s Larsen Says

San Francisco was set to become “the blockchain capital of the world” but lost its status because of hostile US government policy and regulatory crackdowns, according to Chris Larsen, co-founder and …

Posted on 06/09/2023

Circle wanted to create a financial revolution. Instead, it’s losing the stablecoin wars to Tether

Thousands of miles away from his team, the CEO of Circle could only watch as the company’s flagship product—the stablecoin USDC—lost its $1 peg and tumbled on every major crypto exchange.   Allaire …

Posted on 06/09/2023

National Bank of Egypt inks $100 mln loan deal to fund imports from UAE

The financing will be provided by the Abu Dhabi Exports Office (ADEX), the export-financing … A $500 million agreement was signed in August with the Ministry of Finance to finance wheat imports …

Posted on 06/09/2023

Abu Dhabi centre brings medical fitness tests for UAE visa applications under one roof

Process takes only 30 minutes at government-approved Capital Health Screening Centre Abu Dhabi: All screenings for medical fitness certification needed for UAE visa applications are provided at …

Posted on 06/09/2023

UAE: Family businesses need massive growth to allow future generations to live comfortably

Family businesses in the region need a double-digit growth rate so that the next generation continues enjoying the luxury lifestyle, businessmen and analys..

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