Indian currency remains soft as dollar spikes and RBI leaves interest rates intact It’s advantage NRIs in the UAE and Gulf as the rupee trends lower. Since March 22, it’s hit lowest ever points of …
Startup Spotlight: UAE-Based Finanshels Offers A Dedicated Finance Team At Affordable Cost
It is therefore to solve problems central to this issue -and specifically for small and medium enterprises (SMEs)- that UAE-based fintech startup Finanshels came into being.”At Finanshels, there are …
Foreign subsidiary in UAE: PAEL approves incorporation
KARACHI: The Board of Directors of Pak Elektron Limited has approved the incorporation of a wholly owned foreign subsidiary in the UAE, subject to all applicable regulatory approvals. The new …
Dubai South and Aldar break ground on new logistics facility
Dubai South and Aldar have partnered to develop a Grade A logistics complex near the Al Maktoum International Airport. Ground has now officially been broken on the facility, which when complete will …
Standard Chartered, Old Mutual fintech arms to launch UAE wealth management platform
The new wealth platform will be headquartered in the UAE, the Middle East’s financial hub, providing access to advanced budgeting, savings and investment solutions for users in the Middle East, Africa …
Mother of the Nation Jiu-Jitsu Cup begins in Abu Dhabi on Friday
The two-day championship offers a platform for leading jiu-jitsu clubs and academies in the UAE to compete for the sought-after title while also presenting an opportunity for girls of varying age …
Dubai’s new law mandates 20 percent annual tax on foreign banks operating in emirate
(MENAFN) Dubai recently introduced a new tax law mandating a 20 percent annual tax on foreign banks operating within the emirate, a move experts believe will have positive implications for lenders and …
UAE Federal Tax Authority wants businesses’ feedback to better its processes
Image Credit: Supplied Dubai: Running a business in the UAE? Got a suggestion to make on the corporate tax processes or any of the other tax related matters in the UAE? Then, send those suggestions to …
The Middle Eastern island giving Dubai a run for its money
Some, like former Liverpool legend Steven Gerrard, live in Bahrain; others, such as Brazilian striker Neymar and French forward Karim Benzema, come to spend their weekends in this tiny island state …
Denys Boiko: GCC poised to lead the way in fintech
For investors and innovators, the opportunities across the GCC around fintech are there to be seen and to be seized upon.” —Ahmed Al-Farsi is a professional writer based in Dubai, specializing in …
Sharjah Airport fully prepared to welcome passengers during Eid Al Fitr holiday
Sharjah Airport is fully prepared to welcome passengers during Eid Al Fitr holiday, with plans to handle the expected increase in flight movement and accommodate the growing demand for travel to and …
Nakheel receives The World and Palm Jebel Ali reclamation bids
For Palm Jebel Ali, contractors have submitted bids for a dredging and reclamation contract that is expected to involve 5-6 million cubic metres of material. The material will be used to complete the …
Offshore rig contracts of Saudi’s biggest drillers ADES, Arabian Drilling suspended; shares drop
Two of Saudi Arabia’s biggest drillers said on Thursday that they will temporarily suspend operations of their offshore rigs that were under contract. Earlier this week, Dubai-based Shelf Drilling …
India allows additional 10,000 tonne of onion exports to UAE
The additional export of onion will be on top of the 14,400 tonnes shipment the Indian government permitted last month to the UAE …
Private sector to drive growth of Dubai’s healthcare industry, says Gargash CEO
According to current projections by the Dubai Healthcare City Authority … But Sawalmah’s understanding of the healthcare business stretches much further back – to her childhood, growing up as the …
BrokersView Expo Dubai 2024: Discover Unique Trading Insights and Opportunities
Meet leading brokers and fellow traders at BrokersView Expo Dubai 2024! BrokersView Expo Dubai 2024 is set to take place from the 16th to the 17th …
Dubai: Souk Al Marfa to shut down? Very few shops open at shopping destination
Most shops have been shut down and the few that are open have very little business. There have been talks that the mall, which stretches for 1.9km along the waterfront of Dubai Islands, could soon be …