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Tag: business

Posted on 13/04/2026

Abu Dhabi-based DIAFA acquires majority stake in Richard Caring’s UK-based hospitality group

DIAFA, an affiliate of the Abu Dhabi-based investment firm International Holding Company (IHC), which is chaired by Sheikh Tahnoon bin Zayed Al Nahyan, has acquired a majority stake in British busines …

Posted on 13/04/2026

Two new Darb toll gates in Abu Dhabi? Motorists spot installations near Ghantoot, Al Qurm

Motorists commuting between Dubai and Abu Dhabi have noticed new Darb toll gates installed on the E11 highway, with residents wondering if this means an expansion of Abu Dhabi’s smart toll system. Two …

Posted on 13/04/2026

Sharjah Islamic Bank reports net profit of Dhs 381 million, up 19.4% in Q1 2026

Sharjah Islamic Bank (SIB) delivered an exceptional financial and operational performance across all business segments during the first quarter of 2026.

Posted on 13/04/2026

UAE-China Business Promotion Conference explores strengthening strategic partnerships in trade & investment

During the conference, the two countries signed 24 Memorandums of Understanding, further bolstering bilateral economic, trade and investment relations.

Posted on 13/04/2026

Dubai Department of Economy and Tourism, HSBC sign strategic agreement to accelerate investment, capital inflows

DUBAI, 13th April, 2026 (WAM) — The Dubai Department of Economy and Tourism (DET) has signed a strategic agreement with HSBC Bank Middle East Limited to further deepen cooperation aimed at attracting …

Posted on 13/04/2026

Sobha enters Abu Dhabi with Dh40bn project as minimal long-term war impact expected

Project will feature 4,000 apartments and 2,500 villas, with prices for one-bedroom starting at Dh1.31m …

Posted on 13/04/2026

Abu Dhabi, Dubai named world’s best cities for entrepreneurs in 2026

The UAE capital topped the latest global index with a score of 85.45 out of 100, ahead of Dubai in second place with 81.60 and Doha in third with 76.05 …

Posted on 13/04/2026

UAE construction firms could unlock tax credits of up to 50% under new R&D regime

Construction companies in the UAE could benefit from research and development (R&D) tax credits of between 15 per cent and 50 per cent under the country’s new tax framework, although many firms have …

Posted on 13/04/2026

Exclusive-Luxury brands face profits squeeze as Iran conflict shrinks Dubai Mall sales

By Tassilo Hummel and Helen Reid PARIS, April 13 (Reuters) – Sales at Europe’s biggest luxury brands have shrunk in Dubai and Abu Dhabi as the Iran conflict https://www.reuters.com/world/iran/ hit the …

Posted on 13/04/2026

UAE instant payments platform Aani tops 12.5 million users amid digital shift

Aani has gained traction among businesses, with about 774,000 merchants across the UAE adopting the platform as a payment solution.

Posted on 13/04/2026

Dubai: Open for business, under fire

Dubai’s tourism chief has urged the world to follow only trusted media outlets and insisted the emirate remains safe and open for business.

Posted on 12/04/2026

Sharjah Public Libraries allow 24-hour access to books

At Sharjah Public Libraries (SPL), borrowing a book is no longer limited by opening hours, or even by the library doors. Through the Smart Locker …

Posted on 12/04/2026

Why The UAE, São Paulo, And Miami Are Rising Fintech Hubs

Discover why UAE, São Paulo, and Miami are emerging as global fintech hubs, with unique strengths, investment trends, and key risk management strategies.

Posted on 12/04/2026

UAE weather April 9: Rainfall risk and some light wind on Thursday

NCM flags April 9 rain chance in Dubai, Abu Dhabi and Northern Emirates with winds to 35 km/hr and slight to moderate seas offshore …

Posted on 12/04/2026

Dubai Chambers, CCPIT Shanghai discuss expanding Dubai-China trade ties

Talks focus on boosting investment flows and digital economy collaboration as Chinese firms continue to grow presence in Dubai …

Posted on 12/04/2026

Dubai Chambers explores deeper economic ties with China during CCPIT Shanghai talks

Dubai: Dubai Chambers has held discussions with the China Council for the Promotion of International Trade (CCPIT) Shanghai to explore opportunities to strength …

Posted on 12/04/2026

Abu Dhabi’s IHC buys majority stake in Richard Caring’s $1.8bn hospitality empire

Richard Caring sells majority stake in his luxury hospitality empire to Abu Dhabi’s IHC affiliate, marking a major shift in ownership of London’s elite dining and private club scene …

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