The UAE will impose a fifteen percent tax on large multinational enterprises, which is part of the changes in its corporate tax law. Read More: Dubai Walk Master Plan To Transform City Mobility These …
Abu Dhabi Customs solidifies its global customs leadership through its Strategic Plan 2024-2028
The General Administration of Abu Dhabi Customs has unveiled its 2024–2028 Strategic Plan, designed to align with the vision of the Abu Dhabi Government and the UAE’s forward-looking strategies. The …
Talabat debuts on Dubai Financial Market in largest global tech IPO this year
talabat’s landmark initial public offering (“IPO” or the “Offering”), which raised gross proceeds of c. AED 7.5 billion (c.USD 2.0 billion) through the offering of 20% of the Company’s total issued …
UAE: More crypto millionaires fly on private jets as digital currency hit record highs
The ultra-rich has been flocking to the UAE over the past few years — with nearly 6,000 additional millionaires expected to be recorded every year in five years …
UAE-based automotive tech startup raises $750,000 in pre-seed funding
BuyAnyAutoPart, a UAE-based B2B used car part aggregator disrupting the region’s multi-billion-dollar used car part market, has secured $750,000 in pre-see..
UAE stablecoin gets green light from Central Bank
UAE businesses could soon be able to accept AE Coin, the first regulated cryptocurrency in the Emirates. The AE Coin, which has just received regulatory approval from the Central Bank of the UAE, is …
Sharjah announces rules on conditional release of prisoners
Prisoners in Sharjah may be granted conditional release under a new decision issued by the emirate’s Executive Council. The decision, announced on Tuesday, states that an inmate may be released on …
Oga Obinna reacts to photos of Dem Wa FB enjoying life in Dubai with mzungu man: “Sikuji airport”
Oga Obinna shared photos of Dem Wa FB having fun in Dubai with a Mzungu man. She also responded to the post. Fans reacted as she celebrated her first trip abroad.
Talabat Falls in Dubai Debut After Biggest Gulf IPO for 2024
Talabat Holding Plc gave up early gains in the food delivery firm’s trading debut to turn negative after raising more than $2 billion in the largest initial public offering for the tech sector this …
Unusual Rolexes Are the Focus of a New Dubai Boutique
Ahmed Seddiqi & Sons spent months searching for discontinued models to offer through the watch brand’s certified pre-owned program.
Delivery Hero’s Talabat Shares Jump on Dubai Stock Market Debut
The stock traded around 1.70 U.A.E. dirham compared with its initial public offering price of 1.60 dirham announced on Nov. 29.
Award-Winning UAE Developer completes Super-Prime Mansion in Al Barari
Range Developments have just completed construction on R9 Mansion in Al Barari, to add to their impressive ultra-luxury, super-prime Dubai property portfolio …
World’s first Mangrove Conservation Conference begins in Abu Dhabi
Marking the UAE’s 2nd Year of Sustainability, under the framework of the Abu Dhabi Mangrove Initiative (ADMI) and Abu Dhabi’s Climate Change Strategy,
Top 9 Richest Women in UAE 2024
The UAE is home to some of the most inspiring and wealthy women in the region, each with a unique journey to success. From breaking barriers in business to creating legacies in philanthropy, these …
Saudi, Qatari bourses gain; UAE markets fall on tax concerns
Saudi Arabian and Qatari stock markets rose in early trading on Tuesday, as investors looked ahead to the U.S. Federal Reserve’s upcoming interest rate decision, while markets in the United Arab …
First Abu Dhabi Bank Joins Tokenization Firm Libre for Collateralized Lending
An MoU signed in the UAE by First Abu Dhabi Bank and Libre Capital kickstarts a pilot credit line for approved lenders to use RWA tokens as collateral.
Abu Dhabi’s CYVN Holdings to buy McLaren’s automotive business, stake in racing business
CYVN Holdings and Mumtalakat are committed to optimising McLaren’s portfolio to ensure sustainable long-term financial returns, positioning the company for continued success …