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Posted on 09/10/2024

Expats in the UAE look to digital apps to transfer money; exchange rates and fees lead remittance concerns

High fees, including how exchange rates are calculated, are a top issue for digital transfers. Fees were a key issue for 38 per cent of remittance senders and 33 per cent of recipients. Additionally, 20 per cent of senders and 23 per cent of recipients struggled with calculating exchange rates

Posted on 09/10/2024

Namibia: Modelling Namibia’s Oil Future On the UAE’s Success

The united Arab Emirates (UAE) is often cited as an example of how an oil-rich nation can successfully leverage its natural resources to drive socio-economic development and create a diversified, resilient economy that can rebound repeatedly.

Posted on 09/10/2024

DSF announces epic return of 321 to celebrate the opening weekend of its biggest-ever 30th edition

The countdown is on for an epic opening weekend to kick-start the city’s greatest, most memorable, and uniquely out-of-this-world celebration ever for the monumental 30th edition of DSFThe …

Posted on 09/10/2024

UAE Scraps VAT on Crypto Transfers, Paving the Way for Ripple and XRP Adoption

The UAE introduces new VAT amendments affecting cryptocurrency transactions, with retroactive rules dating back to 2018.

Posted on 08/10/2024

UAE Eliminates Value-Added Tax From Crypto Transactions in New Regulation Amendment

Cryptocurrency transactions in the United Arab Emirates (UAE) will be exempt from value-added tax (VAT) starting next month, according to accounting giant PricewaterhouseCoopers (PwC).

Posted on 08/10/2024

Abu Dhabi honours paramedic who helped a mother save her one-year-old child

Abu Dhabi Civil Defence Authority honoured the paramedic, Rabea Farouq Masarwah, in recognition of his heroic response to an emergency call from a mother who called the ambulance to save her one-year-old daughter after her heart stopped beating.

Posted on 08/10/2024

Abu Dhabi bans cultivation of poisonous oleander plant to protect public health

This decision aligns with both local and federal laws, aiming to protect community members, especially children and pets, from the dangers posed by ingestion of any part of this toxic plant.

Posted on 08/10/2024

UAE: How minors can conduct trade, minimum age to start a business; all you need to know

The country encourages young entrepreneurs to start businesses, which will boost the economy and create new jobs …

Posted on 08/10/2024

UAE visas ‘at the top of the agenda,’ says Pakistan ambassador ahead of deputy Prime Minister visit

Pakistani nationals in the UAE are currently being urged to take advantage of the country’s visa amnesty program …

Posted on 08/10/2024

5 countries with the same time zone as the UAE

If you are a digital nomad looking for a destination for remote working, these are the countries that line up with the UAE’s timezone …

Posted on 08/10/2024

UAE Warriors 55 full lineup revealed, includes two title fights

The Abu Dhabi-based promotion, which has helped launch fighters such as No. 1 women’s flyweight contender Manon Fiorot into the UFC, is back for another big event on Oct. 22 at ADNEC Centre in Abu …

Posted on 08/10/2024

Will Dubai rents drop in 2025 as city gets 100,000 new villas, apartments?

The total supply introduced across Dubai has increased to 106,700 units compared to 76,000 new unit launched between January to September in 2023 …

Posted on 08/10/2024

Golden visas for Dubai teachers to help schools attract and retain top talent

A Dubai programme to award golden visas to outstanding teachers at private schools is a key step in attracting and retaining top talent, experts said. The move can also help to raise morale in the …

Posted on 08/10/2024

Icons of the UAE celebrates business leaders in UAE

Icons of the UAE returned for its second season, honouring 18 visionary Indian entrepreneurs whose contributions have significantly impacted the UAE’s business landscape. The prestigious award …

Posted on 08/10/2024

UAE’s NextGen FDI programme onboards pioneers in autonomous driving, touch-sensing technology

The Ministry of Economy has announced the addition of two advanced technology companies to the UAE’s NextGen FDI programme, …

Posted on 08/10/2024

Pacts With UAE To Unlock $100 Billion In Investments: Union Minister Piyush Goyal

India is set to attract $100 billion in investments from the United Arab Emirates in the coming years, as announced by Commerce and Industry Minister Piyush Goyal. Following the 12th India-UAE …

Posted on 08/10/2024

Dubai Ruler’s Firm Considers New REIT Amid City’s Housing Boom

Dubai Holding, a sprawling investment conglomerate owned by the emirate’s ruler, is considering setting up a real estate investment trust to capitalize on the city’s property boom, according to people familiar with the matter.

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