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Tag: business

Posted on 23/12/2024

UAE simplifies corporate tax processes for foreign permanent establishments

The UAE Ministry of Finance on Monday announced a series of administrative reliefs and clarifications for businesses forming tax groups. The revised provisions simplify the requirements imposed on …

Posted on 23/12/2024

UAE emerges global leader in race to define the future of technology

Staff Reporter, Gulf Today The inaugural Bitcoin Mena 2024 has concluded on strong note after exciting insights from global Bitcoin sector leaders …

Posted on 23/12/2024

UAE firms rapidly adopting cloud, boosting AI investment: SAP

The survey examined several key factors for effective AI implementation including whether companies are operating their core business functions on the cloud …

Posted on 23/12/2024

Kate Spade New York opens new flagship store in Dubai Mall

Global lifestyle brand Kate Spade New York has announced the opening of its new flagship store in Dubai Mall as part of an enhanced global store concept. The store is inspired by elements of uptown …

Posted on 23/12/2024

Dubai 12-hour sale: Up to 90% discounts announced this week

The experience kicks off the DSF Sale Season, bringing discounts of up to 75 per cent discounts across Dubai’s leading shopping malls and districts until Sunday February 2 2025.

Posted on 23/12/2024

Dubai: Fireworks announced at 5 locations for New Year 2025

A special performance by Egyptian singer Mahmoud El Esseily is expected to take place at Dubai Festival City Mall …

Posted on 23/12/2024

Dubai launches on-site customs inspection at company warehouses

The initiative, which provides two customised options of inspection, reduces customs processing times by more than 50 per cent …

Posted on 23/12/2024

Abu Dhabi’s Plastic Bag Use Falls by 364 Million Since 2022

Abu Dhabi has made significant strides in reducing plastic waste, with the Environment Agency—Abu Dhabi (EAD) announcing on Monday that the consumption of plastic bags in the emirate has decreased by …

Posted on 23/12/2024

World’s first flying taxi service to launch in Abu Dhabi

World’s first flying taxi service to launch in Abu Dhabi – Archer Aviation’s eVTOL aircraft will serve passengers travelling between multiple ‘vertiports’ in the UAE capital …

Posted on 23/12/2024

Sharjah Ruler approves largest budget in emirate’s history

The 2025 budget aims to achieve financial sustainability and ensure a decent standard of living for all residents of the emirate …

Posted on 23/12/2024

UAE residents prefer family-friendly smart home gifts: Report

According to the survey, 57% of UAE residents are expressing an interest in receiving an AI-powered smart speaker as a gift …

Posted on 23/12/2024

EY accused of helping UAE company defraud Spac investors

In a lawsuit filed in the Southern District of New York last week, a group of Brooge Energy shareholders accused EY of having a “pivotal role in a years’ long scheme” to help the Fujairah-based …

Posted on 23/12/2024

UAE companies rapidly adopting cloud and increasing AI investment

UAE companies are adopting cloud computing at a high rate and plan significant investment in AI within the next 15 months, a YouGov survey commissioned by SAP shows. The survey examined several key …

Posted on 23/12/2024

UAE-Based Embedded SME Lending Startup CredibleX Raises US$55M in Seed Round

CredibleX, UAE’s Leading SME Lending Fintech, Provides Access to 100,000 SMEs for Financing and Disburses AED 100 Million During Launch CredibleX, a pioneering working capital finance platform for …

Posted on 23/12/2024

UAE fintech lending startup CredibleX raises $55 million in equity and debt

ABU DHABI, UAE, Dec. 13, 2024 /PRNewswire-PRWeb/ — CredibleX, UAE’s Leading SME Lending Fintech, Provides Access to 100,000 SMEs for Financing and Disburses AED 100 Million During Launch CredibleX, a …

Posted on 23/12/2024

Things to do in the UAE this week: Chat with Santa or meet Ronaldo

While festive fun continues this week, there is also plenty more to do, including a thrilling basketball match, a glittering soccer awards ceremony, a new skating rink and the return of Monster Jam.

Posted on 23/12/2024

UAE indirect taxes generate up to $3bn per year

Indirect taxes in the UAE generate between AED10 and AED11 billion ($2.72 billion-2.99 billion) annually, contributing substantially to the Gulf state’s AED65 billion federal budget, a senior …

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