Dubai toll operator Salik reported a marginal increase of 0.7% year-on-year (YoY) in net profit to 277 million dirhams ($75.42 million) for the first quarter of 2024 following the implementation of …
Asia’s Top Salary Hotspots: UAE, Qatar, and Kuwait
Qatar, and Kuwait secure top positions in Asia for their generous average salaries. With an average salary of $51,390, the UAE takes second place, closely followed by Qatar with $50,868, and Kuwait …
India’s imports from FTA partners up 38 percent during 2019-24 fiscal years: GTRI
On the other hand, the country’s exports to the FTA (free trade agreement) partners rose 14.48 per cent to USD 122.72 billion in 2023-24 from USD 107.20 billion in 2018-19.
Innovation Hub UAE: Mobilising international efforts to strengthen safety, sustainability of global food sector
It helps accelerate the realisation of Dubai”s Food Security Strategy goals, including the diversification of imports, boosting local production, limiting food waste, enhancing food safety and …
Sharjah Airport Welcomes Over 4M Passengers In Q1
Sharjah Airport revealed that the first quarter of 2024 witnessed the arrival of more than 4.2 million passengers and recorded 26,473 flight movements, and transported more than 42 thousand tons of …
DoubleTree by Hilton Sharjah Waterfront Hotel and Residences voted Sharjah’s Leading Hotel for the Second Consecutive Year
DoubleTree by Hilton Sharjah Waterfront Hotel and Residences voted Sharjah’s Leading Hotel for the Second Consecutive Year …
Dubai: Emirates Group announces record profit of Dh18.7 billion, up 71% from last year
Dubai-based Emirates Group has announced its strongest financial performance to date for the fiscal year 2023-24, hitting new record profit, revenue, and c..
Revealed: Dubai real estate leads the world in demand for $10 million-plus homes
The emirate’s ongoing infrastructure development and other strategic initiatives are said to be acting as major factors for market savvy international investors to acquire high value real estate asset …
Fintech Nium and Emirates NBD to Streamline Cross-Border Payments in the Middle East
Nium, the global enabler of real-time cross-border payments, announced a partnership with Emirates NBD, a banking group in the MENA region.
Philippines, UAE set next round of free trade deal discussions for July
Government negotiators from the Philippines and the United Arab Emirates (UAE) have set the next round of negotiations for the planned free trade agreement between the two countries for July. Trade …
Family of Ilham Aliyev’s Security Chief Owns Vast Property Holdings in the United Kingdom
As head of security for Azerbaijan’s president, Baylar Eyyubov is closely trusted by one of the world’s most authoritarian leaders. Reporters found that his family owns three posh mansions all on …
Pinoys encouraged to export phones, jewelry, motor vehicles to UAE
FILIPINO exporters, particularly those of smartphones, jewelry and motor vehicles, can export more to the United Arab Emirates (UAE) given its rising population and income levels, the Philippine …
Dubai resident starts diamond jewellery business, makes first million in two years
Moroccan-French expat’s jewellery e-platform broke even in 18 months of operation in Dubai After being a travel executive for 15 years, at 40, Basma Chaieri challenged herself to start a diamond …
QatarEnergy Acquires Stake In Two Egypt Offshore Blocks
QatarEnergy said Monday it had acquired two offshore gas exploration blocks from Egypt with a 40-percent participating interest, in a deal with US multinational firm ExxonMobil.
UAE-India Cepa Council inks pact with Indian business body
The UAE-India Cepa Council (UICC) signed a memorandum of understanding (MoU) with the Indian Chamber of Commerce (ICC) on Thursday, commencing a strategic ..
Khabib Nurmagomedov Tax Fraud: More Reports Revealed About Start-Ups In Turkey and UAE
Authorities believe Nurmagomedov may have used money intended for taxes to support startup companies and hotel projects in Turkey and the United Arab Emirates.
Khabib Nurmagomedov’s UFC Return Gets a Nod From Fans as Tax Allegations Reveal Major Insights on Dubai Business- “Deport Him”
Khabib Nurmagomedov is having a falling out with the Russian authorities. Several sites, Mash, Russian Today, and Big News Network confirms.