Emirates NBD’s Profit before tax rose 56 per cent to AED7.8 billion in the first quarter of 2025 as strong lending momentum, an improvement in deposit mix and new products drove an 11 per cent year-on …
UAE fintech market to reach $3.56 billion in 2025: Forbes report
A Forbes report has forecast that the financial technology (fintech) market in the UAE is expected to reach US$3.56 billion in 2025, and US$6.43 billion by 2030, with a compound annual growth rate …
‘Felt humiliated’: UAE-based businessman shares ordeal with Indian Customs over his Rolex
When UAE-based businessman Vasu Shroff, known as Dubai’s Textile King, landed at Jaipur Airport at 7.30pm on April 12, he was expecting a peaceful welcome. Instead, the 85-year-old entrepreneur said …
Dubai Culture brings Makers’ Month to spotlight innovation in manufacturing
Khulood Khoory, Director of the Projects & Events Department at Dubai Culture, stressed how Makers’ Month bridges creativity and industry. She said: “Through our projects and strategic partnerships, …
Metallica announced as the third headliner for the Abu Dhabi Grand Prix 2025
If you like your concerts with a side of heavy metal, then the latest Abu Dhabi Grand Prix announcement is for you – the iconic band Metallica is coming for this year’s after-race concerts.
ADNOC Drilling wins offshore services deal amid expansion drive
By Editorial Abu Dhabi National Oil Co.’s (ADNOC) drilling arm has landed a significant five-year contract valued at $1.63bn (AED5.99bn) from sister company ADNOC Offshore. ADNOC Drilling confirmed …
The tax obligations for a UAE resident donating to NGO in India
You may donate to the NGO through normal banking channels. If the NGO is registered under section 80G of the Income Tax Act, you will also be eligible to claim a tax deduction.
6 things to do in Abu Dhabi this week: April 21 to 24
No time to waste… The last week of April is here (pretty much), but there’s no scarcity of great things to see, do and experience in Abu Dhabi. On that note, here are 6 things to do in Abu Dhabi this …
Awqaf Abu Dhabi Director General engages Emiratis in a series of majlis visits to highlight the enduring power of endowments
Showcases Awqaf Abu Dhabi’s contribution to Abu Dhabi’s economic diversification and GDP growth Abu Dhabi, UAE: In alignment with the vision of the UAE’s Year of Community, the Endowments and Minors’ …
Sharjah Ruler inaugurates ‘Prophet’s Neighbours’ endowment project
His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated, on Monday, the …
Dubai wants every future digital company to be AI-first: UAE minister
Dubai aims to be a business-friendly artificial intelligence hub with every future digital company being AI-driven, according to a UAE minister.
UAE announces new tax rule
The UAE has announced new tax rules for businesses. As part of its continued efforts to enhance transparency and ensure robust financial reporting standards for businesses operating in the UAE under …
UAE updates tax rules
The UAE has issued new rules on Top-up Tax in the country. The Ministry of Finance announced the issuance of Ministerial Decision No. (88) of 2025, adopting all guidance issued by the Organisation for …
UAE: Nearly 520,000 businesses registered for corporate tax, says Sheikh Mohammed
A new office for legislative intelligence will be established within the UAE Cabinet to develop a comprehensive legislative map that encompasses all federal and local legislation in the country.
UAE adopts OECD guidance on global minimum tax rules
Global Minimum Tax seeks to establish a minimum 15% tax rate for large MNCs Abu Dhabi: The UAE Ministry of Finance, on Wednesday, announced a significant step in its tax policy by formally …
Department of Health Abu Dhabi signs a MoU with Microsoft
The MoU was signed by H.E. Ibrahim Al Jallaf, Executive Director of Digital Health at DoH and Naim Yazbeck, Country General Manager from Microsoft UAE.
ONE Development Launches New Abu Dhabi Showroom in a Bid to Bolster UAE Presence
ONE Development, a UAE-homegrown international boutique developer, has unveiled a new showroom in Abu Dhabi as part of its larger expansion plans across the UAE. Located on Saadiyat Island, the new …