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Category: BUSINESS

Posted on 24/04/2023

UAE bourses end higher on hope of Fed rate hike pause

Stock markets in the United Arab Emirates (UAE) ended higher on Monday on the expectation that the U.S. Federal Reserve is nearing the end of its monetary policy tightening cycle.

Posted on 24/04/2023

‘A massive record-breaker’: A plot of sand the size of half a football field just sold for $34 million on a luxury Dubai island

The Jumeriah Bay Island sand plot is half the size of a football field, and netted PrettyLittleThing founder Umar Kamani more than 242% profit.

Posted on 24/04/2023

Indian company eyeing Dubai schools in $1 billion investment

JV Ventures also keen on Bahrain and Oman as it plans to buy 12-15 schools and then lease it to operators in Middle East and Far East Indian company eyeing Dubai schools in $1 billion investment …

Posted on 24/04/2023

Dubai sand plot sells for record-breaking $34m

Dubai land sold for a national record AED5,100 per square foot Dubai sand plot sells for record-breaking $34m Dubai, Dubai real estate, Jumeirah Bay Island, Knight Frank Real Estate …

Posted on 24/04/2023

Dubai Customs continues goods clearance services 24/7, 365 days a year

Dubai Customs announced that its customs services, including customs declarations, clearance of goods, and inspection, operate 24/7, 365 days a year, without any interruption, even on holidays and …

Posted on 24/04/2023

UAE announces new major reforms to corporate tax law, reveals exempted entities

Under the new cabinet decision, certain organisations and companies in the UAE will be exempted from paying the mandatory corporate tax. UAE announces new major reforms to corporate tax law, reveals …

Posted on 24/04/2023

DUBZ launches new baggage storage station at Dubai Festival City Mall

In addition, travelers can also request off-airport check in for their flight, get their boarding passes, weigh, and secure their baggage drop-off at Dubai Festival City Mall; Dub …

Posted on 24/04/2023

Things to do in the UAE this week: West Side Story, Bred Abu Dhabi and more

Eid holidays may be over, but the UAE’s events calendar is still busy. Some of the highlights this week include West Side Story at Dubai Opera, and the first neo-culture festival in the region, Bred …

Posted on 24/04/2023

Young UAE residents are increasingly buying boats. Here’s why

Vehicles tugging private boats on the roads is a common sight in the UAE. Waters off the country get pretty busy, especially over the weekends, as resident..

Posted on 23/04/2023

Public benefit entities exempt from corporate tax law: UAE Ministry of Finance

The Ministry of Finance has announced a new UAE Cabinet decision relating to qualifying public benefit entities whereby Public benefit entities are exempted …

Posted on 23/04/2023

Informa Markets And Imarest UAE Partner To Develop A Globally Competent Maritime Workforce And Drive The UAE’s Progress

Informa Markets and the Institute of Marine Engineering, Science & Technology UAE (IMarEST UAE) announced a strategic partnership for the upcomi …

Posted on 22/04/2023

UAE’s outsourcing services market to hit $6.8bn in 2023

The total spending by UAE-based organizations on outsourcing services from local and offshore providers was estimated at over $4.8 billion in 2018 and is now expected to reach $6.8 billion this year …

Posted on 22/04/2023

Fancy visiting Istanbul or Abu Dhabi for free? Here’s how!

How does the chance of ticking two destinations off your bucket list for free sound? Here’s how you can visit Istanbul or Abu Dhabi for free.

Posted on 22/04/2023

UAE banks team up to help SMEs amid $30bn finance support pledge

UAE financial institutions team up to offer SME funding UAE banks team up to help SMEs amid $30bn finance support pledge SME, SME financing, SME funding, SME lending, SMEs, SMEs in the UAE, SMEs in …

Posted on 22/04/2023

Eid begins; UAE Golden Visa update; major Saudi customs change, Kuwait plans to cancel expat permits – 10 things you missed this week

Top UAE, Saudi, Kuwait news and stories you need to read this week Eid begins; UAE Golden Visa update; major Saudi customs change, Kuwait plans to cancel expat permits – 10 things you missed this week …

Posted on 22/04/2023

Popeyes Louisiana Fried Chicken Opening At Burjuman Mall In April

Popeyes Louisiana Fried Chicken Opening at Burjuman Mall in April Popeyes® new contemporary design, featuring self-ordering kiosks and exclusive produc …

Posted on 21/04/2023

BW Offshore sells another FPSO in divestment drive

BW Offshore has sold a small oil production ship and appointed a new chief strategy officer as it transitions into a floating energy infrastructure investment group The Oslo, Norway-listed vessel …

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