The government of Dubai has issued a decree on the Unified Digital Platform for establishing companies in Dubai, in an effort to enhance ease of doing business, a report said. The platform seeks to …
Dubai’s DP World posts 33% drop in profit in 2023
Dubai-based global port operator DP World reported a 33% drop in 2023 net profit attributable to the owners after separately disclosed items, to $820 million and said outlook remains uncertain due to …
4 areas in Dubai where RTA roadwork upgrades are complete
About 18 km of roadworks, as well as the installation of lighting poles along 17 km of existing streets has been completed in Dubai’s Margham, Lehbab, Al Lesaili, and Hatta …
Dubai Parkin sets final IPO price; to raise $429mln
Dubai’s Parkin, which operates public parking spaces in the emirate, has set the final price for its IPO at the top of the range at 2.10 UAE dirhams ($0.57) per share, raising AED1.6 billion ($429 …
Germany’s Mitgo Group acquires UAE-based finance platform Embedded
German technology firm Mitgo Group has acquired the UAE-based finance platform Embedded … which it said will support plans to launch a new business division – fintech services for affiliate …
Quincy Promes ‘arrested at Dubai airport’ at request of Dutch prosecutors after he was sentenced to SIX YEARS in prison for his role in smuggling 1,370kg of cocaine
They added: ‘The arrested man was reportedly staying in luxury in Dubai according to various media reports … Promes and a 32-year-old co-suspect were found guilty of importing, exporting, …
Dubai Commercity Records Unprecedented Growth In Its Digital Trade Operations
Dubai CommerCity, the first and leading free zone dedicated exclusively to digital commerce, and a joint venture between the Dubai Integrated Econom …
Quincy Promes ‘arrested’ at Dubai airport after being sentenced to six years in prison for smuggling cocaine
FORMER Dutch international Quincy Promes has been arrested at Dubai international Airport. According to reports in Holland, he is to be extradited back to his home country to serve a prison …
The best shopping in Dubai
Shopping is a national pastime in the UAE, a place where high street and designer brands from around the world stand side-by-side in shiny, air-conditioned mega malls, while old-school souks still …
“Dubai Papers”: a French family who hid more than 100 million euros abroad convicted of tax fraud
In 2014, they agreed to have their money transferred to a Swiss charitable foundation. A “fictitious donation”, recalls the president of the court, who specifies that the agent was then used to pay …
Foreign governments face ban on owning British newspapers – effectively blocking Abu Dhabi-led Telegraph takeover
While the Telegraph sale is on course to be blocked in its current form, it could potentially still get the go ahead if a different ownership structure is agreed.
Unified Digital Platform Launched For Establishing Companies In Dubai
Dubai on Wednesday launched a unified digital platform for establishing companies in the emirate. The decree forms part of Dubai’s efforts to enhanc …
ED Seizes ₹37.5 Crore Assets Of Dubai-Based Businessman Vinod Khute
Mumbai: The Enforcement Directorate (ED) has attached overseas assets worth Rs 37.5 crore of Dubai-based businessman Vinod Khute, the owner of VIPS Group of Companies and Global Affiliate Business …
Probe agency attaches assets worth Rs 37.5 crore of Dubai-based businessman
The Enforcement Directorate (ED) attached overseas assets worth Rs 37.50 crore of Vinod Khute, owner of the Pune-based VIPS Group of Companies and Global Affiliate Business Company in … worth Rs …
Time’s ticking: Register for corporate tax before it’s too late!
Failure to apply for corporate tax registration within the specified deadline may result in a penalty of Dh10,000 …
UAE graduates join Adnoc’s Hail and Ghasha development
A group of UAE graduates recently joined the talented workforce powering Adnoc’s Hail and Ghasha development, the world’s largest gas project of its kind, ..
Abu Dhabi to enhance trade and economic relations with Australia
The Abu Dhabi Investment Office (ADIO) has signed a collaboration Letter of Intent (LoI) with Western Australia’s (WA) Department of Jobs, Tourism, Science and Innovation to accelerate growth across …