The announcement marks a significant milestone in Capital.com’s commitment to deepening its presence in the UAE, where they have been licenced by the Securities and Commodities Authority since April 2 …
Mehul Choksi’s downfall: From Dubai towers to Rs 6,000 crore bank scam trail
The Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) accused Mehul Choksi of masterminding a Rs 6,097.63 crore fraud in collusion with officials of Punjab National Bank (PNB) …
Oral implantology clinic opens in Dubai
The first specialised oral implantology clinic in the Gulf opened in Dubai last month, according to Dr. Souheil Hussaini, Director of the Oral Implantology Medical Center. The center is located …
‘Shift to UAE’: Kotak AMC MD Nilesh Shah flags tax loophole exploited by NRIs
Nilesh Shah has warned that high-net-worth individuals could exploit tax treaties with some countries to avoid India’s capital gains tax.
KKR names David Petraeus as chair of Mideast business, sets up regional investment team
U.S. private equity firm KKR on Monday said it had appointed David Petraeus as the chairman of its Middle East business, and has set up an investment team in the region that will focus on …
Dubai awards contracts worth Dhs1.4bn for stormwater projects
The Tasreef project is Dubai’s largest unified stormwater collection system and is considered the most operationally efficient in the region.
DIFC ready to host third edition of Dubai FinTech Summit next month
The Dubai International Financial Centre (DIFC) is set to host the third edition of the Dubai FinTech Summit on 12 and 13 May 2025, at the Madinat …
Dubai hotel occupancy rate rises to 77.7% in 2024
KPMG’s survey showed that 94 per cent of tourists in Dubai were satisfied with their hotel stay over the past year compared to 92 per cent in the previous year …
Video: Fire breaks out at warehouse in Sharjah; nearby facilities evacuated
A fire broke out in a warehouse located in Sharjah’s industrial area 15 on Sunday, marking the second blaze of the day. The fire led to the precautionary evacuation of nearby facilities. No injuries …
First UAE-Morocco Business Council convenes in Sharjah
Abdallah Sultan Al Owais, Vice Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), expressed his pride and warmly …
Dubai: Dh1.4 billion stormwater drainage project to reduce flood risk in 9 areas
Dubai Municipality announced on Sunday major plans to develop strategic and future-ready infrastructure in the emirate. The authority awarded contracts worth Dh1.439 billion for four projects …
Abu Dhabi to host Behavioural Exchange 2025 conference
Under the patronage of Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, the Behavioural Science Group (BSG) has …
‘Shift to UAE for 183 days’: Kotak AMC MD Nilesh Shah calls out capital gains tax loophole
Shah’s post refers to a growing trend of high-net-worth individuals using tax treaties with countries like Singapore, UAE, Mauritius, Netherlands, and Portugal, where under the ‘residual clause’ of …
Dubai, the world’s gateway for global logistics
Dubai has firmly established itself as a global powerhouse in air cargo logistics, leveraging its strategic geographic location, cutting-edge infrastructure, and progressive business policies.
Abu Dhabi Police warn against spread of rumours in new public advisory
Abu Dhabi Police also cautioned residents about sharing content on social media platforms without verification …
UAE: How former Ironman athlete who lost arms, legs to illness built massive business empire
Entrepreneur Jay Scher, who lost limbs to illness but went on to build a business empire, on why Dubai is dream central and why life for him is business as usual. …
UAE drives strategic push into Africa’s Oil & Gas Industry
The UAE’s investment footprint in Africa’s oil and gas sector has expanded with its recent entry into Mozambique’s Rovuma Basin. XRG, the international energy investment arm of Abu Dhabi National Oil …