Ghaith Al Ghaith, CEO at flydubai, said: “We are excited to add Al Alamein to our seasonal summer schedule. The daily operation will enable more visitors to enjoy the stunning Mediterranean coastlines …
Avighna Group acquires Emaar Business Park 3 for Dh240 million
Prominent real estate developer Avighna Group has completed the acquisition of Emaar Business Park–Building 3, a multi-tenanted Grade-A commercial building..
Abu Dhabi’s Mubadala to Take CI Financial Private in C$3.4 Billion Deal
Canadian mutual fund manager CI Financial Corp. plans to go private for about C$4.7 billion ($3.4 billion) in a deal backed by Abu Dhabi’s Mubadala Capital.
Dubai’s viral kunafa chocolate bar now available in Abu Dhabi
Abu Dhabi residents with a sweet tooth now have direct access to the chocolate bar made in Dubai that has gone viral. Fix Dessert Chocolatier, founded by British-Egyptian entrepreneur Sarah Hamouda, …
Dubai real estate sector recorded $4.5bn of transactions last week, including Business Bay apartment sold for $25m
The Dubai real estate sector recorded AED16.55bn ($4.5bn) of transactions last week, according to data from the Land Department. Sales dominated the figures, with AED9.29bn ($2.5bn), according to Land …
Revealed: UK non-dom tax changes trigger large-scale property sales by long-term GCC investors, experts say
London’s loss, however, is turning out to be a boon for Dubai as the property sales-spree by GCC investors is leading to an influx of capital returning to the emirate and the wider region …
Middle East state giant nearing decision on contracts for $6 billion-plus offshore project
Adnoc is currently evaluating commercial bids for at least three EPCI packages meant for the first phase of the Lower Zakum LTDP-1 project …
Global income of UAE company is subject to taxation in the UAE
Resident juridical persons are subject to corporate tax in the UAE for their worldwide income; A natural person having business revenue more than Dh1 million in a …
Felix Niederer: «True Wealth Now Manages 1.6 billion francs»
Exactly ten years ago, True Wealth entered the market. Since then, the company has grown into one of the leading providers of digital wealth management. With 1.6 billion francs in assets under …
UAE’s ADNOC says gas unit share sale can unlock ‘significant value’
ADNOC said the value of its gas unit can be enhanced by inclusion in wider market indexes and with a broader shareholder base.
Dubai International Chamber proposed business mission to Belarus in 2025
Leaders of the Belarusian Chamber of Commerce and Industry (BelCCI) had a meeting with Dubai International Chamber Regional Director for …
Abu Dhabi first in MENA region to implement Enhanced Transparency Framework on subnational level
The Paris Agreement on Climate Change established an enhanced transparency framework designed to build mutual trust and facilitate its effective implementation
Fakhr Al Bateen claims Senior Stallions gold at Emirates Breeders AH Championship
The Emirates Arabian Horse Championship for Private Stud Owners concluded in Abu Dhabi, with Fakhr Al Bateen of Al Bateen Stud securing the Senior Stallions gold medal. The four-day event, featuring 333 horses,
Sharjah Chamber Paves Way for Enhanced UAE-Pakistan Business Synergy
The Sharjah Chamber of Commerce and Industry emphasized its role in promoting economic collaboration, particularly with Pakistan. At a business forum, they highlighted efforts to boost trade ties and …
MultiBank aims to expand global footprint from UAE base
MultiBank Group, a leading financial derivatives provider, aims to expand its global reach in 2025, and add new products to its portfolio, its founder said..
Dubai’s RTA completes installation of 141 bus shelters, aiming for 762 by 2025
DUBAI – Dubai’s Roads and Transport Authority (RTA) has completed 141 bus shelters as part of its ambitious plan to deliver 762 shelters across key locations in Dubai. Designed with modern aesthetics …
Egypt wins first place in Arab FinTech Challenge in Dubai for the 2nd consecutive year
The team representing the Faculty of Economics and Political Science (FEPS) at Cairo University won first place in the “Arab FinTech Challenge for universities at GITEX Dubai 2024” for their project, …