There is an increasing demand for debt capital from high-growth software and technology businesses, says Mubadala’s Bocciardi …
Hasan Jasem Al Nowais appointed Chairman of Cleveland Clinic Abu Dhabi
Abu Dhabi, United Arab Emirates, 07 September 2023: Hasan Jasem Al Nowais, Group Chief Executive Officer and Managing Director of M42, a global tech-enabled healthcare company headquartered in Abu …
UAE market and infrastructure attracts global glass manufacturer establishing regional HQs in Sharjah
PureGlass inaugurated its AED 50 million headquarters in Sajaa Industrial Area with a daily production capacity of 1,000 square metres of glass …
Impact of corporate tax on real estate investors in the UAE
Real estate development will be considered as business and therefore be liable to corporate tax … juridical persons derive any income from real estate located in the UAE, that income would be …
UAE jobs: Students opt for sustainability-related career as universities prepare them for a green future
Universities in the UAE are at the centre of this movement, especially as they are key community stakeholders from this year’s COP28 host nation …
Dubai Chamber of Commerce connects with more than 20 business councils during special event to promote cross-border economic partnerships
one of the three chambers operating under Dubai Chambers, has participated in the ‘Big Inter-Council Networking Night’ event as part of its efforts to support the business community, promote …
Lulu Group expects to launch IPO in H1 2024, shares to be listed in Gulf – chairman
NEW DELHI (Reuters) -Hypermarket chain and mall operator Lulu Group International expects to launch its initial public offering (IPO) in the first half of 2024, its chairman said on Monday, adding …
$26 million Infinite Blue diamond to be displayed in Dubai
The Infinite Blue diamond is coming to Sotheby’s Dubai ahead of its auction in Hong Kong. As part of its world tour before its sale on October 5, this remarkable stone will be on display for one day …
UAE SME sector gets a boost as Emirates NBD Business Banking reports 34% increase in lending facilities towards SMEs
Dubai, UAE: In line with the focus of boosting SMEs and the national economy, Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region reports a 34% increase …
RAKBANK cooperates with UnionPay to drive contactless mobile payments in UAE
RAKBANK and UnionPay International have announced their cooperation to drive contactless mobile payments in UAE. RAKBANK has enabled all …
Jawaher Al Qasimi: Sharjah offers fertile grounds for science and knowledge to flourish
Sharjah: Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, wife of His Highness the Ruler of Sharjah and Chairperson of the Supreme Council for Family Affairs (SCFA), has expressed great pride on …
500+ local & int’l exhibitors to converge at Expo Centre Sharjah for 52nd Watch & Jewellery Middle East Show
Spanning a massive area of 30,000 square meters, the exhibition will provide an ideal platform for visitors to acquire exquisite pieces of gold and jewellery and will witness the unveiling of the …
Abu Dhabi launches first investment fund manager under new SCA rules
The new investment fund manager aims to provide investors in the UAE with access to investment solutions that are specifically tailored to their needs …
Germany’s Covestro stock rises amid talks with Abu Dhabi’s ADNOC
German raw material manufacturer Covestro saw a rise in shares of around 4% on Monday morning after it announced it wants to enter open-ended talks with the Abu Dhabi National Oil Company (ADNOC) …
UAE announces pension payments for some employees
The UAE government will pay 2.5 per cent of a citizen’s pension contribution if companies keep updated Nafis data. The General Pension and Social Security Authority (GPSSA) has announced that the UAE …
UAE visa-free travel: Armenia now included
The new and update regime allows UAE citizens to stay in Armenia for a period of 180 days in the country in a year …
UAE: Winners announced of Dh50,000 cash prize, free fuel for a year; two weeks left to go for promotion
You can participate in the promotion only if you have a UAE phone number, Emirates ID and are an Adnoc Rewards member. Participants can sign up on the Adnoc distribution app, or by visiting a service …