Dubai: A majority of mid-sized businesses, including those in the UAE, have failed to take steps to protect their operations from inflationary influences, according to a Grant Thornton study. While …
UAE Ministry issues resolution on bank guarantee and employee protection insurance
The aim of this new resolution is to preserve worker’s rights, support the business community, enhance the stability of the UAE’s work environment and strengthen its reputation as a preferred …
UAE Ministry issues resolution on bank guarantee and employee protection insurance
The aim of this new resolution is to preserve worker’s rights, support the business community, enhance the stability of the UAE’s work environment and strengthen its reputation as a preferred …
Saudi, UAE business situations enhance with easing in inflation
Business situations in the United Arab Emirates and Saudi Arabia enhanced last month as price weights dropped marginally in addition to employment ex …
Abu Dhabi Public Health Centre activate ‘Maternal and Child Health’ programme
The Abu Dhabi Public Health Centre has activated the “Maternal and Child Health” programme, which takes place annually in August, in cooperation with 35 maternity and children’s hospitals in Abu Dhabi …
Abu Dhabi insurer ADNIC’s H1-2022 net profit at Dh186.9m helped by gross premiums
Dubai: A 20.9 per cent increase in gross premiums fuelled Abu Dhabi National Insurance Company (ADNIC) to a net profit of Dh186.9 million for the first-half of 2022. Gross written premiums for the …
Explained: UAE’s new real estate rule regarding payments using virtual assets and cash
The new regulation makes UAE one of the first countries to implement such a mechanism for real estate transactions involving virtual assets. Here’s everything you need to know Explained: UAE’s new …
Dubai Records Over AED2.4 Billion in Real Estate Transactions Tuesday
Dubai real estate market recorded 436 sales transactions worth AED971.4 million, in addition to 101 mortgage deals of AED1.38 billion, and 17 gift deals amounting to AED55.13 million on Tuesday, data …
Forbes unveils Middle East’s top 25 fintech companies
Forbes Middle East has unveiled the “Middle East’s Top 25 Fintech Companies for 2022’, highlighting the innovators in financial services that are helping businesses go digital and aiding consumers in …
Abu Dhabi dredging group chooses Oracle fusion cloud
NMDC Group chose Oracle Fusion Applications to replace its highly customised on-premises legacy Oracle business systems.. Abu Dhabi dredging group chooses Oracle fusion cloud. Abu dhabi, Artificial …
India’s trade gap with UAE widens as oil imports rise
India’s trade gap with the United Arab Emirates ballooned fourfold in the May-June period, the first two months since the India-UAE free trade agreement came into effect, driven by a jump in oil and …
Dubai year of discounting ends as firms feel inflation sting
Companies in Dubai ended a 12-month stretch of discounting in July as cost pressures mounted and the local economy powered ahead.
How Dubai Customs Found 3.7kg of Marijuana with This Passenger
Dubai Customs inspection officers at Dubai International Airport terminal 1 have seized 3.7kg of marijuana.An inbound African passenger arriving from an African country was attempting to smuggle in th …
Dubai’s business upturn belies traditional summer lull
In July, the Dubai PMI rose to 56.4 in July from 56.1 in June, underscoring the resilience of the non-energy private sector economy by showing the best performance …
Dubai: Passenger caught attempting to smuggle 3.7kg of marijuana inside vehicle spare parts
Dubai Customs inspection officers at Dubai International Airport terminal 1 have seized 3.7kg of marijuana. An inbound African passenger arriving from an African country was attempting to smuggle in …
Abu Dhabi-based IHC posts 121 percent jump in revenue to AED 21.93 billion in Jan-June 2022
The conglomerate’s net profit during the period rose 137 percent to AED 10.35 billion, compared to the first half of 2021 Abu Dhabi-based IHC posts 121 percent jump in revenue to AED 21.93 billion in …
Abu Dhabi Customs thwart attempt to traffic 2kg of cocaine
Inspectors found the substance in the lining of a woman’s suitcase Abu Dhabi: The Abu Dhabi Customs have thwarted an attempt to smuggle 2,051 grams of cocaine after suspecting it in a female …