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Posted on 18/11/2024

UAE announces new tax relief measures

UAE has introduced new administrative and tax relief measures aimed at supporting local businesses, foreign partnerships, family foundations.

Posted on 18/11/2024

President offers condolences on passing of Abu Dhabi Police chief’s mother

President His Highness Sheikh Mohamed Bin Zayed Al Nahyan extended his condolences on Monday to Staff Major General Pilot Faris Khalaf Al …

Posted on 18/11/2024

UAE continues to lead as regional hub for trade, business, travel: World Bank

Roberta Gatti, Chief Economist of the Middle East and North Africa (MENA) region of the World Bank, emphasised confidence in the continued growth of the UAE’s economy during 2024 and 2025. In …

Posted on 18/11/2024

Delivery Hero Seeks Up to $1.5 Billion From Talabat’s Dubai IPO

Delivery Hero SE is seeking to raise as much as $1.5 billion from the initial public offering of its Middle Eastern unit in a deal that will rank as one of the region’s biggest of the year. Most Read …

Posted on 18/11/2024

Delivery Hero Aims to Raise Around $1.5 Billion in Talabat IPO

The online delivery company set the share price at about $0.41 to $0.44, for the IPO of 15% of Talabat’s issued share capital.

Posted on 18/11/2024

SAVE THE DATE – FinTech LIVE Dubai 2025

FinTech LIVE Dubai will return in May 2025 for its annual virtual conference, connecting the world’s fintech leaders in the Middle East and Africa …

Posted on 18/11/2024

Sharjah: 1.82 million visitors attend book fair this year; most of them aged 35 to 44

On November 17, the 43rd edition of Sharjah International Book Fair (SIBF) was wrapped up after 12 days of various cultural activities, drawing 1.82 million visitors from over 200 nationalities. The …

Posted on 18/11/2024

Abu Dhabi’s IRH Explores Investing in Alphamin’s Congo Tin Mines

Abu Dhabi’s International Resources Holding is in talks about buying an indirect stake in one of the world’s biggest tin producers.

Posted on 18/11/2024

e& UAE, Ericsson expand 5G network with dual-band radios

Ericsson noted that its AIR 3229 dual-band radio enables e& UAE to deliver 5G services simultaneously on both the 2.6 GHz and 3.5 GHz spectrum layers using a single unit Ericsson and Emirati-based …

Posted on 18/11/2024

UAE: 97 million new jobs will be created due to AI, says official

While studies show that millions of jobs will be displaced by automation by 2025, artificial intelligence (AI) is also poised to create 97 million new jobs. This was shared at the Knowledge Summit on …

Posted on 18/11/2024

UAE to become key hub for gold trade in coming years: DMCC

DMCC’s findings forecast the UAE becoming one of the most important hubs for the gold trade in coming years. This position was significantly bolstered by the UAE leapfrogging the United Kingdom in …

Posted on 18/11/2024

New venue for SIBF soon? Sharjah Ruler allocates site on Emirates Road

The designated location, which is situated on Emirates Road opposite the Sharjah Mosque, is set to become a dedicated venue for the renowned annual literary event, said Sharjah Me …

Posted on 18/11/2024

Abu Dhabi welcomes BlackRock after Saudi approval

BlackRock expands to Abu Dhabi Global Market, targeting sovereign wealth funds and private markets after launching in Riyadh.

Posted on 18/11/2024

Is Dubai an all-year-round destination? What to do and where to stay in each season

While enjoying a day out in Dubai in the hottest hours, ensure you stay safe in the sun by regularly applying sunscreen, wearing a hat, sunglasses and light, breathable clothes. A long-sleeved shirt …

Posted on 18/11/2024

Football Star New Jr. Purchases $54M Penthouse in Dubai

Brazilian football star and Hilal forward Neymar Jr. has bought a penthouse worth $54.5 million (AED200 million) in the Bugatti Residences by Binghatti. Read More: BlackRock Gets Commercial Licence to …

Posted on 18/11/2024

Anax Developments to launch $1 billion projects in Dubai

Anax Developments, a subsidiary of Anax Holding, plans to bring in a cumulative project value of $1 billion to the market in the next year, with a pipeline of upcoming projects. As part of this …

Posted on 18/11/2024

UAE stock markets hit $1 trillion for the first time boosted by IPOs

UAE stock markets have hit $1 trillion in market capitalisation, primarily driven by initial public offerings as well as strong earnings, as the Arab world’s second-largest economy continues to grow …

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