Manufacturing free zone companies should maintain separate books of accounts for manufacturing and distribution business …
ADIPEC 2023: Ducab Group reveals it has secured 30 major contracts in the oil and gas sector
Dubai, UAE – Ducab Group, one of the biggest end-to-end energy solutions providers and manufacturing firms in the United Arab Emirates, announced that it had produced and supplied more than 10 billion …
Abu Dhabi to provide 100 investment opportunities to support industrial growth
Abu Dhabi will provide 100 investment opportunities with a combined market size of Dh123.3 billion ($33.5 billion) by 2027 to support the growth of the industrial sector in the emirate. The new …
The Ultimate Guide to Abu Dhabi Desert Safaris
If you’re planning a visit to Abu Dhabi, there’s one experience you absolutely can’t miss – a desert safari. Abu Dhabi’s vast and mesmerizing desert landscapes offer a wealth of adventure, culture, …
Abu Dhabi to offer 100 investment opportunities with market size of $33.4bln
The Abu Dhabi Department of Economic Development (ADDED) will provide 100 investment opportunities, with a combined market size of Dh123.3 billion ($33.5 billion) by 2027, a top official said on the …
Dubai Business Bay – A New Horizon for Off-Plan Property Market
Dubai, a city where buildings rise high as the sky in every corner with an exciting business atmosphere, attracts investors and entrepreneurs from all over the world. The most vital of its varied …
Former SoftBank executive launches UAE-backed stablecoin to counter inflation
In a groundbreaking move, Akshay Naheta, a former executive at SoftBank, has unveiled a new stablecoin pegged to the United Arab Emirates Dirham (UAE). This innovative financial instrument, named DRAM …
OKX Announced as Title Sponsor and Premium Partner of Blockchain Economy Dubai Summit
OKX, a leading global Web3 technology company and crypto exchange, today announced that it is the Title Sponsor and Premium Partner of Blockchain Economy Dubai Summit, the world’s largest blockchain …
Dubai Islamic Bank enhances customer experience and modernizes core banking platform with HPE GreenLake
Established in 1975, DIB is the largest Islamic bank in the UAE and the second largest in the world. Driven by the bank’s customer-centric approach and its commitment to sustainable digital …
Dubai Islamic Bank picks up 20% stake in Turkey’s TOM Group
TOM Group is an integrated, comprehensive financial services group with an established presence in the digital space and a perfect entry strategy for Dubai Islamic Bank. The UAE bank will acquire 20 …
Sharjah Police arrest man for promoting illegal ‘massage services’ on Snapchat
Sharjah Police have arrested an individual involved in promoting illicit “massage services” via social media, with the aim of extorting and stealing from victims. In a Facebook post, authorities have …
Abu Dhabi’s Non-oil Economy Grows at Fastest Pace in Over a Decade
Abu Dhabi’s non-oil economy grew by 12.3% in the second quarter of 2023, reaching Dh154 billion ($41.96 billion). This is the highest growth rate since 2014 and reflects the emirate’s efforts to …
Abu Dhabi non-oil economy booms amid push to attract businesses
ABU Dhabi’s non-oil economy expanded briskly in the second quarter as its efforts to become a hub for hedge funds and other financial firms start to pay off. Read more at The Business Times.
Abu Dhabi to offer 100 investment opportunities with market size of Dh123 billion
The Abu Dhabi Department of Economic Development (ADDED) will provide 100 investment opportunities, with a combined market size of Dh123.3 billion ($33.5 billion) by 2027, a top official said on the …
New Anantara coming to Abu Dhabi
In the UAE, Anantara Mina Al Arab Ras Al Khaimah Resort is slated to open in Q4 and will be the brand’s ninth property in the country. That new-build resort will feature 174 guest rooms, suites and …
Santorini-inspired boutique hotel to open in Abu Dhabi later this year
We have good news, as a Santorini-inspired boutique hotel is due to open in Abu Dhabi later this year. The ultra-private Anantara Santorini Abu Dhabi Retreat will have just 22 rooms, and will be …
Dubai real estate: Al Barari tops luxury property investment locations with 400% surge in deals
Dubai also made history this year by becoming the world’s leading luxury property market, generating close to $850 million (AED3.1 billion) from high-end residential units costing upwards of $10 …