Image Credit: Clint Egbert/Gulf News ADX-listed Sharjah Islamic Bank’s net profit rose 34.9 per cent to Dh767.3 million for the first nine months through September 2023, year-on-year. While total …
UAE jobs: 8 in 10 UAE companies to increase headcount in the next two years
C-level executives (CXOs) in the UAE are confident about their organisations’ increasing headcount over the next couple of years and are also overwhelmingl..
UAE: Federal Tax Authority to implement Reverse Charge Mechanism on electronic devices
From October 30, the liability for Value Added Tax (VAT) on supplies of electronic devices – such as mobile phones, smart phones, computer devices, tablets..
India’s Himalaya Wellness to open $54.4mn herbal pharmaceutical factory in Dubai
The Dubai plant will have an annual production capacity of 3 billion tablets, 15 million syrup bottles, and three million units of ointment, with plans to serve global volumes until 2030 …
UAE… a significant player in renewable energy scene in UK
The UAE has reinforced its worldwide leadership by actively collaborating with international companies to implement renewable energy solutions and advanced technologies and support transformative …
UAE: NMDC reveals record growth with revenue soaring to $3bn
NMDC’s financial results for the third quarter of 2023 show record growth rates in revenues and net profits in UAE …
Sunrise New Energy in Talks With LG and Abu Dhabi Fund for Lithium Battery Material Manufacturing
In a world increasingly powered by batteries, the race to control the supply chains of their essential ingredients has taken a new turn. China’s Sunrise New Energy is reportedly in discussions with …
Abu Dhabi Chamber signs MoU with Abu Dhabi Convention and Exhibition Bureau
The MoU was signed on the sidelines of the Abu Dhabi Business Events Forum 2023 …
UAE retailers urged to embed sustainability in their operations
UAE’s retailers have been urged to embed sustainability throughout their operations, raise the bar on climate ambition, and drive positive behavioural change from consumers in the process. The call …
Dubai’s Sheikh Maktoum forms new committee to resolve family business and ownership disputes in the emirate
Taresh Eid Al Mansouri, President of Dubai Courts, highlighted the committee’s formation as part of the leadership’s commitment to a just society and fair judiciary, strengthening the economic and …
The Environment Agency Abu Dhabi Wins Third Place At The Arabia CSR Award
( MENAFN – Dubai PR Network) The Environment Agency Abu Dhabi Wins Third Place at the Arabia CSR Award …
Everything to know about the 2023 Women’s World Amateur Team Championship in Abu Dhabi
The Emirates Golf Federation will host the 2023 World Amateur Team Championships. The men’s and women’s championships were originally set to be held in Dubai but moved to Abu Dhabi, where they’ll be …
131 UAE Businesses Pledge To Go Green Ahead Of COP28
Mariam bint Mohammed Almheiri, UAE Minister of Climate Change and Environment, today called upon businesses from across the UAE’s extensive retail sector to embed sustainability throughout their …
Pakistanis’ Offshore Wealth: Unearthing Billions and Advocating Tax Reforms
In the labyrinthine world of offshore finance, a recent Global Tax Evasion report by the EU Observatory has shed light on the complex network of assets held by Pakistanis, totaling approximately $19 …
Dubai forms special committee to settle family business disputes
It aims to speed up the settlement of disputes, and help find a balance between prompt justice and the economic interests of these companies …
Eni progresses FLNG development offshore Congo with vessels sail away
Eni SPA advanced work on its 3-million tpy Congo LNG development with sail away of the Tango FLNG and Excalibur FSU vessels from Dubai to Congo’s offshore.
Global minimum tax on billionaires could generate $250bn annually, report says
Billionaires’ personal tax in the US is estimated to be close to 0.5 percent and as low as zero in otherwise high-tax France …