Etihad Cargo, Abu Dhabi Airports, and Abu Dhabi Food Hub – KEZAD have signed a tri-party memorandum of understanding (MoU) to jointly set up a fully compliant and transparent origin-to-destination …
Sas Al Nakhl Island finds rev up DCT Abu Dhabi excavation season
Located near to the modern city centre, Sas Al Nakhl is known locally as Umm an-Nar, which translates as ‘Mother of Fire’ or the ‘Place of Fire’.
UAE: Thrilling new flight launched in RAK; see desert, sea, mountains at 400kmph speeds
Speeds of up to 400kmph; real face-pulling G-forces as you roll and climb; 360-degree panoramic views of the stunning coastline, desert and mountains: Ras Al Khaimah has launched the UAE’s first …
Dubai traffic: Top lawyer Habib Al Mulla calls for Salik price hike to combat congestion
The new toll gates are expected to begin operations in November 2024 Dr. Habib Al Mulla, one of the UAE’s most prominent and respected lawyers, has suggested two proposals to further develop Salik and …
A Future In The Desert: Spotlight On The UAE.
The rapid, exciting rise of the United Arab Emirates (UAE) over the past two decades needs little introduction, and the jurisdiction continues along an inexorably rising trajectory. Despite some …
Sharjah’s SRTA, BEEAH partner to build EV charging stations
The Sharjah Roads and Transport Authority (SRTA) has partnered with BEEAH to build and operate a network of electric vehicle (EV) charging stations across the emirate. The installation of EV charging …
42,000 residential units will be delivered across Dubai, Abu Dhabi in 2024 – JLL
The UAE’s property market will see the delivery of 42,000 residential units across Dubai and Abu Dhabi in 2024. Approximately 34,000 units are scheduled to be delivered in Dubai, while 8,000 units are …
Abu Dhabi’s healthcare sector attracts more than 1,200 Emiratis
DoH has set Emiratisation targets for all healthcare facilities operating in Abu Dhabi to provide new job opportunities for UAE nationals …
UAE used car prices see sudden sharp increases – will buyers have to delay their plans?
Sudden drop in vehicle availability is forcing price rises and delays in handovers Multiple used car dealerships in the UAE are starting to talk about delivery delays. Not just that, they are not …
UAE leads GCC in IPO proceeds of $6.07bln in 2023
Total number of IPOs in the GCC declined marginally to 46 issuances in 2023 from 48 issuances in 2022, as per Kamco analysis. Proceeds for 2023 from GCC issuers dropped by 54 per cent to $10.79 …
UAE’s outstanding debt capital market rose 10% last year
The size of UAE outstanding debt capital market (DCM) rose 10 per cent year-on-year, a new report showed.According to Fitch Ratings’ UAE Debt Capital Markets Dashboard: 2024, the figure rose to $270 …
Dubai Customs successfully processed over 30.4mln transactions in 2023
In collaboration with the Dubai Government’s Finance Department, Dubai Customs has automated notifications for customs-imported transactions subject to tax between government entities. This initiative …
Dubai Islamic Bank reports net profit of $1.9bln, up 26% YoY
DUBAI: Dubai Islamic Bank today announced its results for the period ending December 31, 2023 and reported a robust rise in total income by 43% YoY to AED20 billion. Net profit of AED 7 billion, a …
Founders of Wise and Skype raise $436 million to build tech giants in Europe
Plural, a venture firm set up by the founders of Wise, Skype and Songkick, raised 400 million euros ($436.4 million) for a new fund.
How Lord Cameron rolled out the red carpet for the UAE
Meanwhile, Adam Atashzai, his former deputy political director, is now one of Mr Sunak’s senior advisers, while Laura Trott, who was one of Lord Cameron’s special advisers, is now in the Cabinet as …
17 fully redeemable pool and beach days in Dubai
Fully redeemable pool and beach days are the way to go. We’ve rounded up twelve of the best deals offering fully redeemable credit on food and beverages in Dubai. Whether you want to experience luxury …
Why corporate tax is good for the UAE economy
UAE has set up strict penalties to ensure compliance with corporate tax regulations Expert tax consultants from across the UAE addressed attendees at the ‘Doing Business in the UAE’ seminar in Dubai …