On Monday, the UAE-based e& acquired a majority stake in Careem’s Super App. Here is all we know so far about this mega deal: e&, previously known as Etisalat Group, is a leading technology and …
e& acquires majority stake in Careem’s Super App for $400 million
UAE-headquartered communication firm e& (formerly Etisalat) has acquired a 50.3 per cent stake in Careem’s Super App …
NBF Announces Partnership With Cleanmax To Finance Its Rooftop Solar Projects In UAE
The National Bank of Fujairah (NBF) announced that it has provided a long-term credit facility to CleanMax for …
Dubai’s DEWA to launch ‘Sat-2’ 6U nanosatellite in April as part of its Space-D programme
DEWA Sat-2 will be launched by SpaceX Falcon 9 rocket from Vandenberg Air Force Base in California, USA . Dubai’s DEWA to launch ‘Sat-2’ 6U nanosatellite in April as part of its Space-D programme .
UAE-based telecom-tech company e& to acquire Careem’s super app
UAE-based multinational telecommunication services provider … e& has experience in scaling complex technology-enabled businesses across a largely shared geographic footprint. The investment also …
Dubai Customs, GInI to jointly develop customs services
The two organisations discussed initiatives to improve strategic services within Dubai Customs, boost returns on commercial operations, and align with global trends in customs services.. Dubai Customs …
SBA reveals 14th Sharjah Children’s Reading Festival’s agenda on Wednesday
The press conference at SBA’s headquarters to reveal details of the 12-day literary extravaganza for children and families …
Sharjah’s SEWA issues RFP for 90 MIGD Hamriyah IWP project to 8 pre-qualified bidders
This project is in line with SEWA’s principle objectives to augments its water production capacity to meet the present and future water requirements in the Emirate of Sharjah . Sharjah’s SEWA issues …
Sharjah to host first-ever animation conference
Sharjah is set to host its first event dedicated to animation. Sharjah Animation Conference, which will be held from May 3 to 5, will give fans of the genre and professionals in the field the …
UAE tax exemption rules announced
UAE tax exemption rules have been announced – and they’re particularly applicable to people earning money here while not living here. The new rules mean that, if your income comes from UAE sources but you don’t live here permanently, you are exempt …
World’s Most Expensive Car License Plate Sells for $15 Million in Dubai
A wealthy bidder has splashed out a world-record 55 million dirhams ($15 million) for a rare car license plate in Dubai, smashing a bar set in the United Arab Emirates more than a decade ago. Emirates …
Dubai Integrated Economic Zones posts 42% jump in operating profit in 2022
Its total revenue also posted an increase of 29 percent last year Dubai Integrated Economic Zones posts 42% jump in operating profit in 2022 Dubai, Dubai businesses, Dubai economy, Dubai Integrated …
UAE announces tax exemption rules
The UAE Ministry of Finance has listed those who are exempt from registering for corporate tax UAE announces tax exemption rules Abu Dhabi, Corporate tax, Corporate tax UAE, corporate taxes, Dubai, …
UAE announces list of entities exempted from corporate tax
The UAE’s Ministry of Finance (MOF) has issued a new decision that explains which businesses are not required to register for Corporate Tax on the Taxation..
UAE: Ministry of Finance issues decision on exception from registration for corporate tax purposes
The Ministerial Decision on the Exception from Tax Registration sets out who would be excluded from registering for Corporate Tax …
National Bank of Fujairah announces long-term partnership with CleanMax to finance its rooftop solar projects in UAE
Dubai — The National Bank of Fujairah (NBF) announces that it has provided a long-term credit facility to CleanMax for refinancing its rooftop solar portfolio in the UAE. The facility will cover 48 …
DRIFT Beach Dubai announces exclusive private beach Cabana Dubai food festival experience
Dubai, UAE: DRIFT Beach Dubai has announced that it will be hosting a one-off exclusive private dining experience at its luxurious Private Beach Cabana on Friday 28th April, from 7pm. As part of Dubai …