The possible IPO would be one of the larger share sales in the Gulf region this year. In 2020, an investment firm owned by an Abu Dhabi royal bought a 20 percent stake in LuLu for over $1 billion, …
Sharjah Children launches its Ramadan campaign
The Sharjah Children, affiliated with the Rubu’ Qarn Foundation for Creating Future Leaders and Innovators, launched a Ramadan campaign, during the holy month of Ramadan, targeting children in the age …
Dubai real estate boosted by Chinese social media as buyers and sellers look to Douyin to drive investments
Dubai real estate sector is witnessing a surge in interest from Chinese social media platform and TikTok sibling Douyin …
UK’s abolition of non-dom tax status: How Dubai stands to benefit
By April 2025, a revamped tax regime will take effect, stipulating that all foreign income and gains will become taxable after just four years of UK residence …
Dubai’s Ramadan markets a veritable melting pot of local culture, cuisine and artisanal flair
Seasonal souks remain ever popular among families, friends, couples and individuals eager to discover local and regional traditions or simply go gift shopping …
Dubai’s Parkin Jumps 31% on Debut After $429 Million IPO
Parkin Co. PJSC jumped as much as 31% in its Dubai debut after a $429 million initial public offering that received a record amount of demand.
Revealed: Top 4 child-friendly Dubai residential areas for families
Incidentally, these areas are the most preferred locations for property investors in the city because of their high rental demand …
UAE industrial growth: $51bn exports, manufacturing boom, Golden Visa incentives and more drive sector
“MoIAT also stimulated high-tech industries with financing solutions worth AED1.5bn ($408m) in 2023 alone. This has resulted in the growth of high-tech exports from AED2.9bn ($790m) in 2020 to …
UAE’s industrial exports have grown by Dh70 billion in 3 years: Sultan Al Jaber
T he UAE’s industrial exports have grown by more than Dh70 billion in the last three years, Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, said on W …
Ras Al Khaimah Customs foils two travellers’ bid to smuggle 11kg of narcotics
Ras Al Khaimah Customs stated that in the two incidents, the customs officers identified suspicious luggage and suspected two travellers of carrying contraband items.
Afghanistan beat Ireland by 57 runs, win T20 series in Sharjah
The Irish were unable to chase down a target of 156, with Omarzai’s four wickets for just nine runs helping bowl the tourists out for 98 inside 18 overs.
Dubai Aerospace Enterprise signs new USD 420 million 5-year unsecured term loan
Dubai Aerospace Enterprise Ltd (DAE) today announced that it has signed a USD 420 million 5-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) …
UAE: Set up a business in free zone in 6 easy steps
The Ministry of Economy changed the minimum age for a business to 18. Setting up a business in a UAE Free Zone is considerably easy, and can be done in just six simple steps, according to the UAE’s …
UAE’s industrial exports have grown by AED70 billion in 3 years: Sultan Al Jaber
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, affirmed that, since its establishment, the Ministry of Industry and Advanced Technology (MoIAT) launched numerous …
UAE offers tax registration support at service centres
UAE businesses can get support with Corporate Tax registration at Government Service Centres in the country. The Federal Tax Authority (FTA) has made the service to submit Corporate Tax registration …
UAE: Corporate Tax registration can be submitted at 23 government service centres
Enabling taxpayers to submit corporate tax registration requests through Government Service Centres allows them to register directly via the “EmaraTax” platform – a digital tax service that operates 2 …
UAE extends visa-on-arrival policy for these 87 countries
UAE’s Ministry of Foreign Affairs stated that citizens from 110 nations will be required to obtain a visa before arriving in the country.