The Middle East has become a powerhouse in the global fintech landscape, utilizing its strategic location, robust economic policies, and progressive regulatory frameworks to foster an environment ripe …
ADNOC Moves Ahead With Huge LNG Export Project in UAE
The project, located in Al Ruwais Industrial City in the Al Dhafra region of Abu Dhabi, will be the first LNG export facility in the Middle East and North Africa (MENA) region to run on clean power, …
Some UAE firms plan to freeze hiring in coming months; here’s why
Recruitment consultancy Robert Half said the global economic picture — with multiple elections scheduled and unstable inflation — is seen as one of the most significant challenges for UAE business …
U.S. to Benefit From Improving India-UAE Relations
The former has been a major investor in the U.A.E.’s oil hub of Abu Dhabi and is still working closely with ADNOC on the world’s second largest offshore oil field, Upper Zakum. The latter has an …
DGFT restricts import of gold jewellery from all countries except UAE
The Director General of Foreign trade (DGFT) on June 11 has put import of gold jewellery of certain types under restricted category, according to a notification by the foreign trade body. The …
5 types of studded gold jewellery placed under import restrictions
Last year, the DGFT had amended the import policy on unstudded jewellery and certain other gold articles to “restricted” from “free” category.
‘Fake school’ in Sharjah dupes parents with offer of certified education in nominal fees
A fake educational institution in Sharjah run by an Arab woman took advantage of the difficult circumstances through which some parents were going and lured them to enroll their children in schools of …
Look: 100-year-old house opens as tourist destination in Sharjah
A n over 100-year-old house in Khorfakkan was restored and opened by the Sharjah Investment and Development Authority (Shurooq) on Wednesday, making it a luxury hospitality and heritage tourism …
Look: 100-year-old house opens as tourist destination in Sharjah
A n over 100-year-old house in Khorfakkan was restored and opened by the Sharjah Investment and Development Authority (Shurooq) on Wednesday, making it a luxury hospitality and heritage tourism …
Sharjah Livestock Market introduces pre-booking, home delivery services for Eid Al Adha sacrificial animals
The Sharjah Livestock Market launched a pre-booking and home delivery service for the supply of sacrificial animals for this year’s Eid Al Adha. The sacrificial animals will be slaughtered and …
Dubai Your Next Business Frontier – Expert Guidance for a Company Setup
Dubai Your Next Business Frontier – Expert Guidance for a Company Setup Are you an ambitious entrepreneur eager to seize the dazzling opportunities in Dubai? With its iconic skyline, booming economy, …
UAE’s NMC Health appoints Rothschild for strategic options, including IPO
United Arab Emirates hospital group NMC Healthcare (NMCH) has appointed Rothschild as a financial adviser to help it consider strategic options including an initial public offering (IPO), it said on …
US imposes sanctions on several Hong Kong, UAE firms for dealing with Russian-origin gold
The United States imposed sanctions on Wednesday on several Hong Kong firms, including VPower Finance Security, for involvement in transportation of gold produced by already sanctioned Russian miner, …
UAE’s NMC Healthcare to explore IPO, sale of business as part of strategic review
The UAE-based hospital operator NMC Healthcare group (NMC) has appointed Rothschild & Co. to advise on its strategic restructuring initiatives, including a potential initial public offering (IPO) and …
Dubai: Start-up wins sustainability challenge for ‘upcycling plastic into homes’
T he “Upcycling Plastic into Homes” solution by Frank Cato Lahti from Othalo, Norway, won the global sustainability challenge “Innovate for Tomorrow” organised by Dubai Holding. He was awarded an …
Abou Eid delivers Dhs700 million project in Dubai ahead of schedule
The company has also announced the sale of all units at Celia Heights, its second residential property project located in Dubai’s Majan area next to Al-Barari and consisting of 188 units.
How do policies of corporate tax in Dubai and accounting and bookkeeping services in UAE attract businesses?
The charm of Dubai and the United Arab Emirates (UAE) for businesses goes beyond the glamour of skyscrapers and glitz lifestyle.