The UAE will impose a new tax on large companies in the country as part of changes to its corporate tax law. Under the domestic minimum top-up tax (DMTT), large multinational enterprises will pay a …
UAE-India Founders’ Retreat: Paving the Way for New Start-Up Opportunities
The UAE-India Founders’ Retreat (Dec 6-8, 2024) united top Indian start-up founders with UAE investors and leaders to foster investment, innovation, and cross-border partnerships.
Union fury as Rosebank oil field’s main offshore vessel being built in Dubai
Trade union chiefs including the RMT’s Mick Lynch and the STUC’s Roz Foyer said it was a ‘shocking betrayal of Scotland’s workers’.
Toto Wolff: Lewis Hamilton could’ve fought for Abu Dhabi F1 win without Q1 exit
Mercedes boss Toto Wolff believes Lewis Hamilton held the pace to challenge for the win in the Formula 1 Abu Dhabi Grand Prix had he started higher up on the grid. Hamilton starred on his last appearance with Mercedes as he produced a superb drive at the Yas Marina Circuit to recover 12 places to come home in fourth position.
Revealed: Demand for industrial real estate hitting sky high in Dubai amidst influx of companies seeking entry, expansion
The demand surge is driving up real estate prices and commercial rents, threatening to push up capital and operational costs for setting up industries and operating manufacturing facilities in the emi …
ADFW 2024: Abu Dhabi’s position as ‘the capital of capital’ is luring global bankers to fuel growth
ADDED also launched the Abu Dhabi Trade Information Portal (TIP), a solution to facilitate import, export and re-export procedures that was described as a “digital-first approach to global trade” by …
‘Microsoft’s UAE AI Deal Sparks Security Fears:’ U.S. Clears Advanced Chip Export Amid Controversy
The U.S. government has granted approval for the export of advanced artificial intelligence (AI) chips to a Microsoft-operated facility in the United Arab Emirates (UAE), marking a significant step in …
Lamudi Acquires Indonesian Fintech Ideal to Enhance Mortgage Services
Indonesia-based real estate marketplace Lamudi, a subsidiary of Australia’s Digital Classifieds Group, announced the acquisition of Ideal, a Fintech …
Abu Dhabi GP: Charles Leclerc ‘hurt’ after title-less season
Charles Leclerc said it hurt to not deliver Ferrari the constructors’ championship after running McLaren close at the Abu Dhabi Grand Prix.
Last chance to eat Mom’s Spaghetti in Abu Dhabi
Because at this moment, you could be digging into Mom’s Spaghetti. That’s right, Eminem’s brought the pop-up version of his Detroit restaurant to the Formula 1 Abu Dhabi Grand Prix, which is on until Sunday.
Dubai new order inflows grow fastest since August
New order inflows in Dubai grew the fastest in November since August, recent data showed. The UAE non-oil economy continued to show a solid rate of expansion in November, according to the latest PMI …
1 Magnificent Fintech Stock to Buy Before Dec. 25
But this isn’t any ordinary bank stock — this a fintech business, capable of growing rapidly with impressive economies of scale. For example, the company just turned profitable in 2023, and already …
1 Magnificent Fintech Stock Up 230% to Buy and Hold Forever
What makes Nu one of the best businesses I’ve looked at in recent years? At its core, Nu is a fintech business. This category has generated some of the fastest-growing stocks on the market. That’s …
Dubai Brings Back Massive Tax on Alcohol Sale
Dubai will reintroduce a 30% tax on alcohol starting January 1, 2025. Alcohol retailer African + Eastern notified bars and restaurants about the decision …
Dubai CommerCity successfully concludes WORLDEF Dubai 2024 Forum
Under the patronage and in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Integrated Economic Zones Authority (DIEZ), Dubai CommerCity (DCC), — the region’s …
Abu Dhabi Grand Prix LIVE, Formula One 2024 Season Finale: McLaren Vs Ferrari For Constructors, Leclerc Vs Norris Battle For P2
The ultimate showdown at the Yas Marina Circuit awaits! McLaren and Ferrari clash for the Constructors’ title, while the battle for P2 and P3 adds even more drama to the season finale. Brace yourselves for heart-pounding action as the Formula 1 2024 season concludes with the Abu Dhabi Grand Prix today.
Abu Dhabi Investment Office partners with Partanna to decarbonise concrete industry
The Abu Dhabi Investment Office (ADIO) has partnered with Partanna, a Bahamian climate tech company, to establish its regional headquarters