Several Indian asset managers are transitioning their offshore operations from global financial hubs like Dubai and Singapore to Gujarat’s International Finance Tec-City (GIFT City) for enhanced …
Austria welcomes WTO talks on supply-chain disruption at MC13 in UAE
Austria applauds the World Trade Organisation’s (WTO) initiative to discuss supply-chain disruption in the upcoming 13th Ministerial Conference (MC13) in Abu Dhabi later this month, Dr. Martin Kocher, …
Dubai gains on upbeat earnings, Abu Dhabi falls
Feb 9 (Reuters) – Dubai stock exchange closed higher on Friday, as a number of corporate earnings exceeded market expectations boosting the risk appetite for investors, however shares in Abu Dhabi …
Shot in UAE, coming to cinemas: Sci-fi epic Dune 2 to premiere in Abu Dhabi next week
Dune: Part Two’ stars are set to return to the UAE capital after shooting for the film in the Liwa desert after two years …
Sharjah Lights Festival sparks Al Hamriyah’s sky
Al Hamriyah sky shined with the launch of the Sharjah Lights Festival which was attended by remarkable attendance from dignitaries, officials, residents, and inhabitants of Al Hamriyah city.
Here are 4 fintech sectors that are primed to soar in 2024, and 2 that are likely to see more pain
Fintech has shown few signs of recovering in 2024 as funding declines and layoffs continue. VCs said they want to pick up deals this year in AI and cost-management tools for software. They also …
Fintech Trends To Look Out For In 2023
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. 87%—that’s a great number for …
UAE Corporate Tax: Businesses need to maintain strict tabs on entertainment expenses
UAE’s VAT laws have similar restrictions on recovering input credit on entertainment services, which includes food and drinks not provided in the normal course of a meeting. The Federal Tax …
More UAE free zones will require Wage Protection System for companies – DMCC, JAFZA already do
It was in 2023 that the Dubai free zone made it known that WPS was a must. Image Credit: Supplied Dubai: More free zones in the country are moving to implement the UAE Wage Protection System (WPS …
More Indian asset managers shift overseas business to GIFT City
Several Indian asset managers said they are moving, or planning to move, some offshore fund business from financial centres such as Dubai and Singapore to a finance hub in the western state of Gujarat …
Dubai businesses rush to lock in orders, delivery times as Red Sea shipping turmoil continues
Dubai PMI for January The headline PMI (Purchasing Managers … and indicates a ‘sharp improvement in operating conditions’, says S&P Global. The PMI score is built on business spending patterns, …
Darkocean Announces Strategic Leadership Appointment In UAE
Dr. Surya Kumar – An industry expert in Marine Geophysics Darkocean Ushers in New Era of Innovation in the UAE with Appointment …
U.S. imposes new sanctions on Russia targeting oil and diamonds imports
The United States of America today, February 8, imposed new sanctions against Russia. They include import restrictions on diamonds, according to the U.S. Department of the Treasury. “Today, the U.S.
UAE: Abu Dhabi Federal Appeals Court hears plea in ‘Justice and Dignity Committee’ case
The Abu Dhabi Federal Appeals Court held a hearing on Wednesday in Case No (87) of 2023 State Security, in which a number of individuals and entities are accused of crimes related to establishing and …
UAE, Saudi Arabia, Qatar rank among top emerging markets for logistics
The UAE, Saudi Arabia and Qatar continue to rank among the world’s top 10 emerging markets for logistics, improving or holding steady in key areas while ne..
Dubai Customs, UK’s counterpart unite in dynamic cooperation
Ahmed Mahboob Musabih, Director General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation, engaged in discussions with a delegation from the UK’s HM Revenue & Customs (HMRC). The talks …
Dubai Customs and UK’s counterpart Unite in Dynamic Cooperation: Elevating Trade Security and Border Vigilance
H.E. Ahmed Mahboob Musabih, Director General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation, engaged in discussions with a delegation from the UK’s HM Revenue & Customs (HMRC). The …