The precious metal plunged over 1 per cent on Tuesday evening as chances of a bigger rate cut by the US Federal Reserve waned …
CBUAE: UAE to host national summit on financial crime compliance tomorrow
The two-day National Summit will address vital topics in AML/CFT compliance, and strategies for managing financial crime risks …
UAE weather: Chance of rainfall today; temperatures to dip to 20°C in some areas
Residents can expect rainfall today over some eastern and southern areas of the UAE, as per a forecast by the National Centre of …
Maktoum bin Mohammed: 2025 Federal Budget demonstrates UAE’s keenness to harness all available resources to meet sustainable development goals
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, stated: “The 2025 federal budget showcases the UAE’s continued comm …
How do UAE’s trackless trams reduce traffic congestion? By using data from space
Data from space and aerial sensors are helping automated trackless trams operate in Abu Dhabi, particularly serving the capital’s weekend transit …
Middle East’s first licensee Wynn talks up $5bn UAE gaming opportunity
After securing the UAE’s first casino licence, Wynn Resorts expects the integrated resort to GGR revenue of up to $1.68bn upon opening.
Dubai: Sick building syndrome? Residents seek high air quality to avoid headaches, breathing issues
“Dubai Municipality has introduced specific indoor air quality standards under its Green Building Regulations, mandating minimum ventilation rates and pollutant control measures.” Ibrahim Imam. Photo: …
United Arab Emirates Exempts Crypto From Value Added Tax
The United Arab Emirates (UAE) has exempted all %Cryptocurrency transactions from its value-added tax (VAT), bringing the industry into line with more traditional financial services. The tax exemption, which goes into effect on Nov. 15 of this year, applies retroactively to transactions from as far back as Jan. 1, 2018.
Gauging the basketball culture in Abu Dhabi, Xavier Tillman’s long-range outlook, and other thoughts on the Celtics
It seemed Abu Dhabi revealed its basketball culture after dark, when recreational sports are more evident and the searing heat is more tolerable.
Expats in the UAE look to digital apps to transfer money; exchange rates and fees lead remittance concerns
High fees, including how exchange rates are calculated, are a top issue for digital transfers. Fees were a key issue for 38 per cent of remittance senders and 33 per cent of recipients. Additionally, 20 per cent of senders and 23 per cent of recipients struggled with calculating exchange rates
Namibia: Modelling Namibia’s Oil Future On the UAE’s Success
The united Arab Emirates (UAE) is often cited as an example of how an oil-rich nation can successfully leverage its natural resources to drive socio-economic development and create a diversified, resilient economy that can rebound repeatedly.
UAE Scraps VAT on Crypto Transfers, Paving the Way for Ripple and XRP Adoption
The UAE introduces new VAT amendments affecting cryptocurrency transactions, with retroactive rules dating back to 2018.
Abu Dhabi honours paramedic who helped a mother save her one-year-old child
Abu Dhabi Civil Defence Authority honoured the paramedic, Rabea Farouq Masarwah, in recognition of his heroic response to an emergency call from a mother who called the ambulance to save her one-year-old daughter after her heart stopped beating.
UAE visas ‘at the top of the agenda,’ says Pakistan ambassador ahead of deputy Prime Minister visit
Pakistani nationals in the UAE are currently being urged to take advantage of the country’s visa amnesty program …
5 countries with the same time zone as the UAE
If you are a digital nomad looking for a destination for remote working, these are the countries that line up with the UAE’s timezone …
UAE Warriors 55 full lineup revealed, includes two title fights
The Abu Dhabi-based promotion, which has helped launch fighters such as No. 1 women’s flyweight contender Manon Fiorot into the UFC, is back for another big event on Oct. 22 at ADNEC Centre in Abu …
Will Dubai rents drop in 2025 as city gets 100,000 new villas, apartments?
The total supply introduced across Dubai has increased to 106,700 units compared to 76,000 new unit launched between January to September in 2023 …