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Category: BUSINESS

Posted on 10/10/2023

MoC asked to probe why ‘spoiled’ meat was exported to UAE

ISLAMABAD: Senate Standing Committee on Commerce has directed Commerce Ministry to probe factors which led to export of spoiled meat to United Arab Emirates (UAE) besides seeking detailed reports on …

Posted on 10/10/2023

Lulu opens 72,000 square feet hypermarket in Dubai Mall

Lulu Group, a prominent retail chain, marked its expansion by opening a new branch at the iconic Dubai Mall on Monday. Covering a sprawling 72,000 square feet, this state-of-the-art outlet aims to …

Posted on 10/10/2023

Owner of successful Dubai restaurant Biggy brings African cuisine to the region

A Nigerian expatriate who almost left Dubai due to a lack of funds and without a place to stay is today the proud owner of two of the most popular African restaurants in the city, with plans to open a …

Posted on 10/10/2023

Dubai launches major crackdown on economic crimes

Dubai has launched a new platform as it looks to crack down on money laundering, terror funding, bribery, forgery and embezzlement. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the …

Posted on 09/10/2023

Don’t Like Paying Taxes? Here Are 10 Countries Around The World With The Lowest Or Zero Income Tax

Live free of soaring income taxes at these top destinations around the world, which are countries with low taxes on earnings (or even zero taxes!).

Posted on 09/10/2023

UAE economy will grow by 4.4%: Oxford Economics

Oxford Economics, an independent economic advisory firm, has predicted that the UAE economy will grow by 4.4% in 2024.

Posted on 09/10/2023

Abu Dhabi’s Most Expensive House Is Now a Spec Megamansion Asking AED 98 Million

The seven-bedroom property is part of the Ohana by The Sea development, an upscale coastal enclave close to Dubai …

Posted on 09/10/2023

Watch: Crown Prince of Abu Dhabi attends royal wedding reception in Capital

Several senior officials and family members also attended the reception, which was held today at the Majlis Al Bateen …

Posted on 09/10/2023

Crown Prince Of Abu Dhabi Attends Wedding Of Theyab Bin Khalifa Bin Sultan Al Nahyan

ABU DHABI, 9th October, 2023 (WAM) — His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended a wedding …

Posted on 09/10/2023

Sharjah Ruler Receives CBUAE Governor And EIF’s Bod

His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, received, on Monday, morning, Khalid Muhammad Al Amma, Governor of the Central Bank of the UAE …

Posted on 09/10/2023

SSC applauds Sharjah’s ruler for new Sharjah Club quarters

Sharjah24: Sharjah Sports Council Chairman, Issa Hilal Al Hazami, thanked His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, for his decision to …

Posted on 09/10/2023

6 great spots where you can enjoy Oktoberfest in Abu Dhabi

Here are some great spots to catch the festivities in the capital… Stills Stills, the vibrant dining destination at the Crowne Plaza Yas Island, is all set to welcome iconic Oktoberfest band …

Posted on 09/10/2023

Impact of corporate tax on small businesses and start-ups

The UAE Ministry of State for Financial Affairs has introduced a significant development affecting small businesses and corporations. Ministerial Decision No. 73 of 2023 offers tax relief for …

Posted on 09/10/2023

Can UAE’s currency swap offer Egypt’s spiraling economy some respite?

The arrangement is expected to relieve some pressure on Cairo’s foreign currency reserves, secure FX liquidity and bring stability to the exchange rate with Abu Dhabi.

Posted on 09/10/2023

Sheikh Sultan directs establishment of new Sharjah Club headquarters at Dhs350 million

His Highness Dr Sheikh Sultan Bin Muhammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, ordered the establishment of a new headquarters for the Sharjah Cultural and Sports Club, with …

Posted on 09/10/2023

Dubai Chambers attracts world’s biggest gathering for family businesses with the participation of over 300 companies and family offices

Dubai Chambers has successfully attracted the world’s biggest and most significant family business conference to Dubai, underlining the emirate’s status …

Posted on 09/10/2023

A $500 Million Fundraising for China Evergrande’s EV Business Is in Doubt

A Dubai-based automaker is having second thoughts about pumping $500 million of cash into China Evergrande Group’s fledging electric-vehicle business. Evergrande Auto, a unit of the beleaguered …

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