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Tag: business

Posted on 21/03/2024

UAE-backed bid for Telegraph group dealt fatal blow by new legislation

The UK government, which has close economic ties to the UAE, has been keen to stress that the proposed … “But we are very much open for business in terms of foreign investment in other spheres, like …

Posted on 21/03/2024

UAE firms spearhead regional AI rollout drive: IBM

IBM Global AI Adoption Index reveals 65% IT professionals in the UAE reported a remarkable acceleration in AI rollout over the past two years …

Posted on 21/03/2024

Company Formation in Dubai: Know About Licenses, Visas, and Regulations

Dubai, the crown jewel of the United Arab Emirates (UAE), is a thriving business destination. Local and foreign busine …

Posted on 21/03/2024

GDRFA welcomes visitors to Dubai with a special #RamadanInDubai stamp

Upon their arrival in Dubai, immigration officers are marking visitors’ passports with a special stamp featuring the #RamadanInDubai logo. The logo has been designed by Brand Dubai, the creative arm …

Posted on 21/03/2024

Wasl’s Park Views Residences Tower A sells out in 36 hours from launch

DUBAI, UAE: Wasl, one of Dubai’s largest real estate development and management companies, has achieved a new record having sold all 600 units of Park Views Residences Tower A within 36 hours of …

Posted on 21/03/2024

Abu Dhabi’s IHC plans to list 100-billion dirhams holding firm next year

ABU Dhabi’s largest listed company, led by a key member of the emirate’s royal family, is looking to list a holding firm worth more than 100 billion dirhams (S$36.5 billion) by next year, according to …

Posted on 21/03/2024

LuLu supermarket plans giant $2bn IPO in Abu Dhabi: Report

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, …

Posted on 21/03/2024

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 …

Posted on 21/03/2024

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 …

Posted on 21/03/2024

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 …

Posted on 21/03/2024

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 …

Posted on 21/03/2024

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.

Posted on 21/03/2024

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 …

Posted on 21/03/2024

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 …

Posted on 20/03/2024

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 …

Posted on 20/03/2024

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.

Posted on 20/03/2024

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.

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