In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No. (1) of 2024 on taxation of foreign banks …
Montfort considers sale of UAE fuel oil facility to Sinopec
A potential deal could enhance Sinopec’s efforts to expand its sales at the world’s third-largest bunker fuel hub.
Dubai’s virtual asset regulatory authority to onboard the Financial sector
In a recent interview with the CEO of Dubai’s virtual asset regulatory authority, Mathew White, he discusses the need to bring the UAE Banking sector and financial institutions onboard the virtual …
CEPAs help UAE firms expand globally, says Al Saleh
Once ratified, these agreements create new opportunities for businesses to thrive and expand globally, Abdulla Ahmed Al Saleh, undersecretary of the Ministry of Economy, said. Spe …
Heavy rains in UAE: Parks to be closed in Sharjah due to adverse weather
Authorities in Sharjah have announced the closue of all parks in the emirate due to the adverse weather conditions forecast over the weekend. Sharjah Municipality said that parks will remain closed …
UAE-India ties grow as DP World secures $422M for Gujarat container terminal
Dubai-based port operator DP World has reportedly secured a 35 billion-rupee ($422.23 million) loan from two Indian funders to build a mega container terminal in Gujarat, a province in the west of the …
PwC’s Academy helps tax professionals stay current on UAE VAT laws and regulations
The one-day event, attended by 50+ tax practitioners from across UAE included insights on crucial VAT updates, practical case studies for implementation, and key information to help tax teams navigate …
UAE bans price rises for rice, poultry, bread, dairy and more essentials ahead of Ramadan 2024
UAE Ministry of Economy will ban price rises on essential items and oversee sales on nearly 4,000 items during Ramadan 2024 …
UAE, Switzerland explore advancing trade and investment relations
He also promoted the advantages of the UAE’s dynamic business landscape to Swiss businesses seeking to expand into markets in Asia and Africa, including its strategic location, and world-class …
Dubai Holding opens submissions for the ‘Innovate for Tomorrow’ global sustainability challenge
Dubai Holding, a diversified global investment company with investments in 31 countries, is accepting applications to its ‘Innovate for Tomorrow Challenge’, inviting global innovators to share …
Time Out Dubai unveils the best 85 restaurants in 2024
Dinner by Heston Blumenthal is Time Out Dubai’s best restaurant of the year. Time Out Dubai unveils the best 85 restaurants in 2024. Dinner by Heston Blumenthal, jw marriott marquis dubai, the best 85 …
Dubai’s Success Coach Seif Al Hakim On Being “An Alpha” In Business
Dubai’s Success Coach Seif Al Hakim On Being An Alpha Male In Business On this week’s episode of the Smashi Business Show, they interviewed Seif El Hakim. He is an Internationally Acclaimed …
Dutch rules on foreign workers push Boskalis to expand in UAE
Boskalis, which also provides services to the offshore industry, is setting up a regional HQ in Abu Dhabi in the United Arab Emirates, Berdowski said, in an interview to coincide with the company’s …
UAE online shopping boom to hit $17bln by 2025
DUBAI, UAE – The UAE’s e-commerce market is on track for explosive growth, reaching a staggering $17 billion by 2025, according to a new report by leading quick-commerce (QC) platform YallaHub. This …
Masdar finalises $14 million joint investment in 3GW UK offshore wind project
Investment is set to bolster the UK economy while aligning with the UAE’s commitment to advancing net-zero objectives, both domestically and globally . Masdar finalises $14 million joint investment in …
UAE: Onion Prices To Drop By 20% As India Allows Exports After 3-Month Ban
Onion prices in the UAE are expected to drop by up to 20 per cent as India allowed exports of the commodity to the UAE after the three-month ban on …
NBA champions Denver Nuggets to play Boston Celtics in two pre-season games at The Abu Dhabi Games 2024
The Denver Nuggets will play against the Boston Celtics in exhibition tournament the Abu Dhabi Games 2024. The reigning NBA champions are set to take on the 17-time champions in two games across …