Net profit reaches $120 million, up from $39.26 million for the same period in 2022; Revenue grows 56% to $341.5 million …
Atif Aslam and Firdaus Orchestra set to enchant fans at Dubai concert
In a spectacular musical event set to illuminate Dubai’s Coca-Cola Arena on March 2, Atif Aslam and Firdaus Orchestra are gearing up for their second annual concert collaboration. Atif Aslam, known …
UAE Corporate Tax: Can business owners form a ‘tax group’ while having a local sponsor?
Tax group’ allows multiple businesses with 95% single shareholder to file single returns The UAE corporate tax rules allow tax groups to be created by a business entity with multiple companies under …
UAE has funded political assassinations in Yemen, BBC finds
The United Arab Emirates (UAE) has funded politically-motivated assassinations in Yemen, a BBC investigation has found, exacerbating a conflict involving the Yemeni government and warring factions …
Oracle to expand Dubai operations amid plans to build more cloud regions in Middle East
Oracle will be expanding its Dubai operations as part of a broader plan to build more cloud infrastructure in the Middle East amid the region’s digital shift.The company’s Dubai office will undergo a …
Abu Dhabi Judiciary wins Cloud Infrastructure Innovation Award 2023
Abu Dhabi [UAE], January 23 (ANI/WAM): The Abu Dhabi Judicial Department has earned the 2023 Cloud Infrastructure Innovation Award by the multinational company VMware. This prestigious recognition …
UAE’s ADNOC sells more fuel oil from Ruwais refinery in January -traders, data
UAE’s Abu Dhabi National Oil Company (ADNOC.UL) has sold more straight-run fuel oil (SRFO) from its Ruwais refinery complex this month via private sales, according to trade sources and ship-tracking …
New Orleans Mayor LaToya Cantrell probed for affair with married cop behind $14k Dubai junket
Embattled New Orleans Mayor LaToya Cantrell is being probed for an alleged affair with a local cop who billed taxpayers $14,000 to accompany her on a recent trip to Dubai, according to a report.
Rory McIlroy adds string to his Masters bow thanks to fourth Dubai victory
Much can change in 80 days but Rory McIlroy insists his fourth win in the Hero Dubai Desert Classic win gives him confidence for his Masters quest.
UAE: Having trouble with Du network? Mobile service provider issues statement
Many UAE residents faced issues with mobile and internet service on Monday evening around 6pm, as per Downdetector. Du sim card users reported their calls getting dropped and many faced issues in …
DMCC-Danube partnership launches new $545mln residential twin-tower project in Dubai
Dubai-based commodities freezone DMCC announced on Monday that it is partnering with Danube Properties to launch a new twin-tower residential project in its Jumeirah Lakes Towers (JLT) district …
8 top supermarkets for expats in Dubai
Whether you’re hunting for snacks, toiletries or fresh produce, you’re bound to find international products from your home country at these expat supermarkets …
In his capacity as Ruler of Abu Dhabi, UAE President issues law establishing Artificial Intelligence and Advanced Technology Council
ABU DHABI, 22nd January, 2024 (WAM) — In his capacity as Ruler of Abu Dhabi, His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, has issued a law establishing the Artificial …
Abu Dhabi issues new AI law, introduces council to develop sector
Abu Dhabi has established a new artificial intelligence council as it looks to develop and regulate an emerging technology sector and create investment and research opportunities.
IPT Energy expands Sharjah operations with new entity
IPT Energy, a prominent leader in the energy sector with origins in Lebanon since 1970, recently expanded its presence in Sharjah through the establishment of IPT Energy Trading. IPT Energy …
UPDATE 1-UAE’s ADNOC boosts lower-carbon budget to $23 billion
DUBAI, Jan 22 (Reuters) – The state-owned Abu Dhabi National … In late 2022, ADNOC at its board meeting approved a five-year business plan and capital expenditure of 550 billion dirhams ($150 …
Dubai’s ANAX Developments launches $128mln luxury tower in Business Bay
ANAX Developments, a subsidiary of ANAX Holding, has launched its first luxury tower in Dubai’s Business Bay area at the cost of 470 million UAE dirhams ($127.96 million). The 19-storey Vento Tower, …