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Posted on 16/05/2024

Most Gulf markets rise on US rate cut optimism; Dubai slips

Most stock markets in the Gulf ended higher on Thursday, amid rising hopes for interest rate cuts by the U.S. Federal Reserve, while the Dubai index fell for a third straight session.

Posted on 16/05/2024

Dubai court issues lookout notice for First Global’s Devina Mehra after $300 mn ruling

Dubai court issued a lookout notice for Devina Mehra, founder of First Global, after the $300M verdict. Previously based in Dubai, Mehra faces legal scrutiny amid ongoing legal battles.

Posted on 16/05/2024

Cato Networks Partners with e& Further Expanding Global SASE Platform with New UAE PoP

Fujairah will join Dubai as Cato’s second UAE location, extending Cato SASE Cloud to enterprises across the region.

Posted on 16/05/2024

Huawei and IEEE UAE Section crown student from the University of Dubai as the winner of the Imagine Wi-Fi 7 contest

Mohammed Suleiman from the University of Dubai was awarded the winning prize for the regional contest launched in March this year. Imagine Wi-Fi 7 Program 1st Season Award Ceremony The contest …

Posted on 16/05/2024

Dubai’s Amanat posts 9% net profit rise despite corporate tax impact

Dubai-listed Amanat Holdings said on Wednesday that the UAE’s corporate tax has partly impacted its first-quarter net profit, which inched up by 9% year-on-year. Total net earnings for the first three …

Posted on 16/05/2024

Dubai’s Emirates to resume operations to Nigeria from October 1

Emirates SkyCargo will also import vital goods such as pharmaceuticals, electronics, and general cargo from key markets such as the UAE, India and Hong Kong. Get Breaking News Alerts From Gulf News We …

Posted on 16/05/2024

Maximizing Tax Benefits in Dubai’s Automotive Industry

Understanding Automotive Industry Tax Incentives The automotive industry in Dubai presents lucrative opportunities for …

Posted on 16/05/2024

Learn how to apply for Blue Residency in the UAE

The blue residency will be provided through the direct application procedure, within the application services at the Federal Authority for Identity and Citizenship, Customs and Port Security, or …

Posted on 16/05/2024

What is the UAE’s blue visa and who can apply?

The UAE has announced a new long-term residency visa. Known as the blue visa, it will grant a 10-year residency to people who have made “exceptional contributions” towards protecting the nation’s …

Posted on 16/05/2024

UAE launches 10-year Blue Visa: All about it and how one can get it

The Blue Residency Visa, a special residency permit, will be granted to those who have demonstrated exceptional dedication and impact in various environmental fields.

Posted on 16/05/2024

Al Ghurair’s new Abu Dhabi poultry farm to boost UAE food supply chain

Al Ghurair Foods has started developing its new poultry farm at Khalifa Economic Zones Abu Dhabi, the first of its three planned mega food processing projects aimed at boosting the UAE’s production …

Posted on 16/05/2024

UAE: Emirates’ bonus for employees; will more companies follow?

Human resource consulting firm Robert Half noted in its UAE salary guide 2024 that three in 10 employees (30 per cent) reported no one in their company received a bonus in the 12 months prior to being …

Posted on 16/05/2024

Bybit Enhances Crypto Spending with Easy 2% Cashback Rewards

DUBAI, UAE, May 16, 2024 /CNW/ — Bybit, one of the world’s top three crypto exchanges by volume, has unveiled a 2% cashback offer on its Bybit Card — paid in USDT directly to users’ accounts. The …

Posted on 16/05/2024

Peter Thiel-backed Crypto Broker Bitpanda Expects Record Profits in 2024

Bitpanda is bullish while expecting a crypto market rally and big bank deals that could lead to record profits for the company.

Posted on 16/05/2024

Sharjah Ruler chairs University of Kalba’s BoT meeting

His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member, Ruler of Sharjah and President of the University of Kalba, chaired, on Thursday, the second meeting of the Board of …

Posted on 16/05/2024

SBA highlights Sharjah’s leading cultural initiatives during Rabat International Book Fair 2024

Sharjah: At the ongoing 29th Rabat International Book Fair (RIBF), the Sharjah Book Authority’s (SBA) pavilion has emerged as a focal point of cultural and literary exchange, drawing the attention of …

Posted on 16/05/2024

UAE: Gold Prices Continue To Rise, Jump Dh4 Per Gram

Gold prices continued their upward trend at the opening of the markets in UAE on Thursday, jumping Dh4 per gram in the past 24 hours. The …

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