The UAE Ministry of Finance has announced amendments to existing Ministerial Decisions through the issuance of updated Ministerial Decision No. (301) of 2024 …
DOSC Winter Regatta & IRC Middle East Championships a big success
The Dubai Offshore Sailing Club (DOSC) recently celebrated a spectacular weekend of competitive sailing, hosting the Winter Regatta and IRC Middle East Cha..
Egypt, Bahrain, UAE Agreements To Ease Customs Process
Egypt is gearing up to finalize two landmark agreements with Bahrain and the UAE in early 2025. These deals aim to drastically reduce customs clearance times for imports and exports to just a few …
UAE simplifies corporate tax processes for foreign permanent establishments
The UAE Ministry of Finance on Monday announced a series of administrative reliefs and clarifications for businesses forming tax groups. The revised provisions simplify the requirements imposed on …
UAE emerges global leader in race to define the future of technology
Staff Reporter, Gulf Today The inaugural Bitcoin Mena 2024 has concluded on strong note after exciting insights from global Bitcoin sector leaders …
UAE firms rapidly adopting cloud, boosting AI investment: SAP
The survey examined several key factors for effective AI implementation including whether companies are operating their core business functions on the cloud …
Dubai launches on-site customs inspection at company warehouses
The initiative, which provides two customised options of inspection, reduces customs processing times by more than 50 per cent …
Abu Dhabi’s Plastic Bag Use Falls by 364 Million Since 2022
Abu Dhabi has made significant strides in reducing plastic waste, with the Environment Agency—Abu Dhabi (EAD) announcing on Monday that the consumption of plastic bags in the emirate has decreased by …
World’s first flying taxi service to launch in Abu Dhabi
World’s first flying taxi service to launch in Abu Dhabi – Archer Aviation’s eVTOL aircraft will serve passengers travelling between multiple ‘vertiports’ in the UAE capital …
Sharjah Ruler approves largest budget in emirate’s history
The 2025 budget aims to achieve financial sustainability and ensure a decent standard of living for all residents of the emirate …
UAE residents prefer family-friendly smart home gifts: Report
According to the survey, 57% of UAE residents are expressing an interest in receiving an AI-powered smart speaker as a gift …
EY accused of helping UAE company defraud Spac investors
In a lawsuit filed in the Southern District of New York last week, a group of Brooge Energy shareholders accused EY of having a “pivotal role in a years’ long scheme” to help the Fujairah-based …
UAE companies rapidly adopting cloud and increasing AI investment
UAE companies are adopting cloud computing at a high rate and plan significant investment in AI within the next 15 months, a YouGov survey commissioned by SAP shows. The survey examined several key …
UAE-Based Embedded SME Lending Startup CredibleX Raises US$55M in Seed Round
CredibleX, UAE’s Leading SME Lending Fintech, Provides Access to 100,000 SMEs for Financing and Disburses AED 100 Million During Launch CredibleX, a pioneering working capital finance platform for …
UAE fintech lending startup CredibleX raises $55 million in equity and debt
ABU DHABI, UAE, Dec. 13, 2024 /PRNewswire-PRWeb/ — CredibleX, UAE’s Leading SME Lending Fintech, Provides Access to 100,000 SMEs for Financing and Disburses AED 100 Million During Launch CredibleX, a …
UAE indirect taxes generate up to $3bn per year
Indirect taxes in the UAE generate between AED10 and AED11 billion ($2.72 billion-2.99 billion) annually, contributing substantially to the Gulf state’s AED65 billion federal budget, a senior …
Iran exports non-oil goods worth $4.8b to UAE in 8 months
Iran exported non-oil commodities valued at $4.8 billion to the United Arab Emirates (UAE) during the first eight months of the current Iranian calendar year (March 20-November 20), the head of the …