Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that the combined market value of ..
Gridlock on the roads as Dubai residents return to work after record rainfall
Traffic came to a near standstill on motorways and inner roads on Monday in Dubai and Sharjah as people headed to work about a week after record rainfall hit the UAE. Despite days of clean-up efforts …
International Humanitarian City rebranded as ‘Dubai Humanitarian’
The International Humanitarian City (IHC) today revealed its new identity, announcing its rebranding as ‘Dubai Humanitarian’ during the Global Meeting at The Meydan Hotel, Dubai. Hosted by Dubai …
Arada to support Sharjah people during flooding crisis
Sharjah24: Arada has launched a series of initiatives designed to help the people of Sharjah during the current flooding crisis, which includes providing free housing and meals for stranded residents.
UAE strengthens tax compliance
According to UAE corporate tax law, foreign juridical persons are considered UAE resident persons for tax purposes if they have a place of effective manage..
Emirates is dealing with a 30,000 bag backlog as it grovels to customers about its handling of Dubai floods
Emirates flights were cancelled after flooding hit Dubai last week, leaving the airlines dealing with one of its toughest weeks operationally.
Dubai attracted 9 multinationals worth $83bn last year
Dubai Chamber of Digital Economy has revealed that the combined market value of the nine multinational companies (MNCs) it successfully attracted to Dubai last year exceeds AED304bn ($82.84bn).
Giant drillship ordered for $806m and never traded after 2017 launch heads for scrap
An unknown offshore player has provided some much-needed tonnage Indian ship recycling sector in the form of a giant drillship. The 70,000-dwt drillship in question was due to arrive at Alang on …
Du announces the launch of “du Pay”, offering transformative fintech solutions for UAE residents
Pay is set to boost the transition towards a cashless economy and support the national digitalization agenda, delivering exceptional convenience, inclusiveness, and security for all users …
New sector expansion figure as top priority for next-gen of Dubai’s family businesses: Survey
Need for business development and the adoption of new technologies figured second and third in terms of priorities …
UAE insurance firms brace for ‘influx’ of claims as cars damaged, abandoned in heavy rain, floods
With an “influx in claims” expected by insurers in the coming days, the impacts of this week’s adverse weather will likely be felt by the UAE insurance market for some time …
India’s Klub close to striking deals with UAE, Saudi investors for $275mn Middle East SME funding
The Indian financing platform worked on the funding deals with investors in the region following it was granted approval by the Financial Services Regulatory Authority (FSRA) of ADGM for managing cred …
UAE’s Masdar explores China entry to boost clean energy capacity
Abu Dhabi clean energy company Masdar is planning a possible entry into China, the world’s largest renewable energy market, as the company looks to reach a renewable energy capacity of 100 gigawatts …
Abu Dhabi’s Offset Program attracts 50 projects worth AED 6 billion
Industrial Development Unit at Offset Program Bureau (OPB) said 50 projects worth AED 6 billion were attracted by Bureau in the UAE between 1992 and late 2010. “OPB is now considering new feasibility …
Second Industrialists Career Exhibition launches in Abu Dhabi
The second edition of the Industrialists Career Exhibition began today in the presence of Sultan Al Jaber, UAE’s Minister of Industry and Advanced Technology, Ghanam Butti Al Mazrouei, Secretary …
Dubai family business focuses on growth, tech adoption: Survey
The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, has revealed the results of a survey …
Sharjah launches safety drive to help those hit by rain
Sharjah Media City (Shams) promptly responded to the initiative and becoming the first government entity to join the network that aims to open reliable channels to receive donations from individuals …