Vladimir Lisin has transferred his stakes in Russia’s biggest steelmaker and a rail freight operator to companies registered in Abu Dhabi, the latest example of a billionaire shifting assets to the …
A Startup Strategy to Start a Laundry and Dry Cleaning Business in Dubai
Dubai, a dynamic city renowned for its fast-paced lifestyle and immense business opportunities, presents an exciting prospect for entrepreneurs looking to start a venture into various industries. One …
Free driverless taxi rides in Abu Dhabi
Abu Dhabi’s Integrated Transport Centre offers free self-driving taxi rides during Eid Al Adha Free driverless taxi rides in Abu Dhabi Abu Dhabi, Integrated Transport Centre, ITC, Saadiyat Island, …
UAE freezone welcomes 1,500 new companies in Q2
A freezone in the UAE witnessed robust growth of 132 per cent between April and the end of June UAE freezone welcomes 1,500 new companies in Q2 Freezone, freezone in uae, RAKEZ, Ras Al Khaimah, Ras Al …
Abu Dhabi’s ADNOC awards Petrofac $700 mln contract for new gas compressor plant
Petrofac said on Friday that Abu Dhabi National Oil Company (ADNOC) had awarded the London-listed oilfield services firm a $700 million contract to undertake work at the state oil giant’s Habshan …
Gold imports from UAE fall despite pact
NEW DELHI : Gold shipments from the United Arab Emirates (UAE) have nearly halved from the previous year to a two-decade low in the year ended 31 March 2023 despite the concessional duty offered under …
Sharjah Ruler exchanges Eid greetings with well-wishers
SHARJAH, 29th June, 2023 (WAM) — His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, received Thursday evening, in the presence of Sheikh Abdullah bin …
Binance’s Powerful Co-founder Yi He Breaks Silence Amidst Regulatory Turmoil
Despite a long history spent away from the public spotlight, Binance co-founder and senior executive Yi He is finally speaking up as two of the United States’ chief market regulators sue her company.
UAE: Implementation of Tax on overseas spending for Indian tourists postponed
and other items in their favourite foreign destinations like Dubai and Abu Dhabi will be steady. This comes after the Indian Finance Ministry decided to delay the implementation of a 20 percent tax on …
20% tax on Indian tourists’ overseas annual spending on hotel stays, shopping, entertainment postponed
Remittances for the education of Indian children in campuses such as in the UAE will not attract any tax if they are below 700,000 Indian rupees ($ 8,500). Above that limit, TCS of 0.5 percent is …
Adnoc’s expansion of largest UAE offshore oilfield reaches crucial bidding stage
At least four leading domestic and international contracting giants have submitted technical offers to Abu Dhabi National Oil Company (Adnoc) for the expansion of Upper Zakum, the largest offshore …
Wooden furniture manufacturers seek opportunities in the UAE
The UAE, which has to import woodwork and wooden furniture products, has need for living room products, which could be worth $1.08 billion. This could be a great opportunity for Vietnam exporters.
Why Abu Dhabi’s Bet on NIO Stock Is a Case of Color-Blind Optimism
Even as a large-scale investor takes a sizable stake in Nio, a look at the hard facts should dissuade cautious traders from buying NIO stock.More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live Did Elon Musk Just Trigger a New Netscape Moment?
Crypto’s most powerful woman speaks out as crisis rocks Binance
Yi He, a senior executive at Binance, one of the largest cryptocurrency exchanges, has spoken out about the regulatory challenges faced by the company …
Bybit granted MVP licence by Dubai’s VARA
The Preparatory Licence does not yet allow Bybit to commence virtual asset operations in Dubai, but exhibits the significant progress made to obtain operational permission from VARA …
Abu Dhabi’s Medeor and Burjeel Hospitals welcome first babies born on Eid Al Adha
Abu Dhabi: As the clock struck 12 on Wednesday, an Egyptian couple and a Jordanian couple marked Eid Al Adha in a special way while welcoming the newest additions to their families. The families of …
Abu Dhabi’s Ambitious 2023 Roadmap Focuses on Culture to Boost Tourism
In its roadmap for growth, DCT Abu Dhabi said it is committed to promote, protect, and advance the emirate’s culture and tourism sectors.