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Tag: business

Posted on 16/01/2025

‘Bittersweet’ relief for Palestinian diaspora in UAE as expats voice cautious optimism over Israel-Hamas ceasefire deal

Under the first phase of the agreement, 33 Israeli hostages – including all women, children, and men over 50 – will be released in exchange for Palestinian prisoners …

Posted on 16/01/2025

Kenya-UAE Partnership: All You Need to Know about Ruto’s Multibillion Shilling Deal with Abu Dhabi

William Ruto inked a multibillion-shilling comprehensive partnership deal with the United Arab Emirates, aimed at enhancing trade between the two countries.

Posted on 16/01/2025

Mamo partners with Lyvely to empower the UAE’s creator economy

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

Posted on 16/01/2025

Tanzania’s dependence on imports from China, India, Japan, Saudi Arabia, South Africa and UAE grows

According to the 2023/2024 annual report, China, India, Japan, Saudi Arabia, South Africa, and the United Arab Emirates (UAE) remain Tanzania’s primary sources of imports. The report shows that …

Posted on 16/01/2025

Dubai to get a new landmark: A 17-storey Crypto Tower in JLT

The Crypto Tower developed by DMCC and REIT Development, will offer 150,000 square feet of leasable space including nine office floors and dedicated floors for blockchain incubators, VC and investment …

Posted on 16/01/2025

Dubai investors earn record $16.3bln profit from property re-sale

Underling the soaring value of investment in Dubai real estate and its global appeal, total re-sale profits last year were 34% up on 2023, completing a dramatic 1300% leap over the last five years …

Posted on 16/01/2025

UAE corporate tax: Why 2025 is a key year for many organisations

It’s 2025 and now it’s getting real. As most reporting entities will have a December year end, the vast majority of returns will be facing a deadline, including settlement of any amounts due, on …

Posted on 16/01/2025

UAE joins $1bn subsea power connectivity initiative

The UAE has partnered with Italy and Albania to build a €1 billion ($1 billion) subsea connection to import renewable energy across the Mediterranean region. “We strongly believe in this project …

Posted on 16/01/2025

Abu Dhabi’s ENEC Looks to Expand Nuclear Power Business Globally

Emirates Nuclear Energy Corp., Abu Dhabi’s state-run atomic power company, is looking to expand globally after completing the Arab Gulf’s first nuclear plant last year.

Posted on 16/01/2025

Abu Dhabi and Aldar partner to boost energy efficiency and conservation

This partnership will further support joint efforts to empower and promote sustainability practices, contributing to holistic prosperity across all sectors in Abu Dhabi. Abu Dhabi and Aldar partner to …

Posted on 16/01/2025

New UAE laws and regulations for 2025 – All you need to know

From landmark reforms in marriage and custody rights to new corporate governance rules, rental market changes, and traffic regulations, here’s your essential guide to the major reforms taking effect t …

Posted on 16/01/2025

Dubai Announces Launch of World’s First Ever Crypto Tower

The Crypto Tower will feature cutting-edge infrastructure and state-of-the-art facilities, seamlessly integrated with advanced AI solutions powered by Chatoshi.ai. With over 150,0 …

Posted on 16/01/2025

UAE detains ex-CEO of Orlen Swiss trading business over $378-million ‘scandal’ in Poland

The suspect has been charged with entering into contracts that resulted in huge losses for the state-controlled Polish refiner Orlen and its Swiss subsidiary …

Posted on 16/01/2025

UAE’s private sector committed to strengthen ties with Malaysia

The UAE-Malaysia Business Council held its second meeting in Abu Dhabi, coinciding with the visit of Malaysia’s Prime Minister to the UAE. The meeting …

Posted on 15/01/2025

Kenya-UAE Cepa may increase food exports and investment

President Sheikh Mohamad said the Kenya-UAE Cepa will create new opportunities for businesses and investors, with greater market access in the Middle East and Africa. Kenya’s Pr …

Posted on 15/01/2025

Kenya banks on trade pact with UAE to grow exports, attract FDIs

Kenya is banking on the Comprehensive Economic Partnership Agreement with United Arab Emirates to grow its exports as part of the government’s push for strategic trade and investment. The deal whose …

Posted on 15/01/2025

UAE residents are more willing than ever to seek, spend on, and prioritise experiences

Eighty five per cent of UAE residents are seeking an ‘experience’ at least once a month, a study showed. A fifth do so every …

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