GIC Re’s Dubai branch received a Rs 90 crore VAT demand notice from the UAE’s FTA for discrepancies in returns from 2018-2020. The company is reviewing the notice and plans to file a reconsideration …
DGFT Tightens Precious Metal Import Rules To Plug Loopholes, Align With Budget 2025
Gold with 99.5 percent or higher purity is now restricted to imports through nominated agencies, qualified jewellers via the bullion exchange, or India-UAE Tariff Rate Quota holders. Gold dore imports …
Grounded flights and soccer’s top earner: This week’s business headlines from the Middle East
UAE AI Minister Omar Al Olama discusses investing in infrastructure to be part of the “trillions of dollars of impact” that he anticipates 5G will have, and utilizing AI for efficiency gains and to …
Young investor programme in UAE to teach key financial skills to 75,000 school students
In the United Arab Emirates, a new initiative aims to educate young students about finance. The ‘Young Investor Programme’, by National Bonds and Knowledge Fund Establishment, targets 75,000 students …
UAE schools to train 75,000 students on real-world money skills under ‘young investor programme’
The UAE’s ‘Young Investor Programme’, launched by National Bonds and the Knowledge Fund Establishment, aims to equip 75,000 students across 50 schools with essential financial skills. Through a blend …
Dubai’s biggest lender Emirates NBD to start charging for remittances
Emirates NBD, Dubai’s biggest bank by assets, will start charging fees for international transfers made via its app or online banking from September 1. The bank will charge a fee of Dh26.25 for …
Sharjah Airport gearing up to welcome over 800,000 passengers over busy summer period
Sharjah Airport has announced its full readiness to handle the significant increase in travel volume to and from Sharjah during the peak summer season.
UAE: Travelling from Sharjah this summer? Airport reveals busiest days
Sharjah Airport announced on Saturday a significant increase in travel volume to and from the emirate during the peak summer season, with over 800,000 passengers expected to travel from July 1 to 15, …
UAE top court upholds life terms for 24 convicted in mass trial
The supreme court in the United Arab Emirates (UAE) has sentenced 24 people to life in prison after upholding their convictions for “terrorist” links, which had been dismissed following a mass trial …
Who can be fined for illegal partitions and unapproved subletting in Dubai homes?
Dubai Municipality’s recent crackdown on residential units fitted with illegal partitions to cram in occupants has shone the spotlight on the dangers of living in shared accommodation that has not …
UAE, host of COP28 climate talks, is an oil kingdom big on solar energy – The Washington Post
The many contrasts of oil-rich UAE, host of the global climate talks. The United Arab Emirates, host of COP28, is building solar projects that could power a small city.
Use free WiFi in the UAE? Here’s a warning – Khaleej Times
1. Select the ‘@WiFi UAE’ network on your device. 2. Upon receiving a prompt, enter a valid UAE mobile number. ‘WiFi UAE’ should be selected from the options available. 3-. Fill in the …
Safe Summer Campaign: Abu Dhabi Police lists key measures to keep children safe in cars
Abu Dhabi Police have cautioned against leaving children unattended in vehicles during summer months. The “Safe Summer” campaign emphasises child safety, seat belt use, and shaded parking. Children …
Watch: Dubai Crown Prince ‘Fazza’ Wins Hearts By Covering Everyone’s Restaurant Bill
Social media users praised Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum for his benevolence and generosity.
UAE: 75,000 students to learn saving, budgeting under ‘young investor programme’
The programme blends classroom-based learning with immersive, real life training, offering students a unique and interactive pathway to understanding personal finance.
ADA News: Hoskinson Wants Cardano Treasury to Work Harder—Here’s His Yield Vision
Last week, we reported that Charles Hoskinson made an interesting take on what Cardano (ADA) should do with its treasury. He suggested that instead of just …
Crown prince of Dubai, Sheikh Hamdan, pays for all diners during surprise visit to Dubai restaurant
During a surprise visit to La Maison Ani in Dubai Mall, Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, paid the bill for all diners, winning hearts across social media. Joined by Sheikh Khaled of …