Through an enthralling display of bowling prowess, MI Emirates skittled out Abu Dhabi Knight Riders for 95 runs in 14.1 overs to record a resounding nine-wicket win in the sixth match of the ILT20 …
Bankrupt oil trader Lord Energy sues UAE and ADNOC in $2.8 bln fraud claim
Bankrupt oil firm Lord Energy and its owner Hazim Nada are suing the United Arab Emirates, its president, its state oil firm ADNOC, a Swiss investigative firm and others for $2.8 billion, alleging …
From $20mn to $2bn: Dubai Duty Free chief Colm McLoughlin wins Arabian Business lifetime achievement award
McLoughlin took Dubai Duty Free from a $20 million company in 1984 and brought its valuation up to $2 billion in a span of 25 years …
Dubai Police help bust alleged $43m tax fraud crime gang
Dubai Police support crimefighters from 15 countries in arrest of suspected international tax fraud crime gang members …
Dubai Police help law enforcement agencies from 15 nations arrest key suspect in €40m tax fraud
The operation led to the apprehension of several internationally wanted individuals. Dubai Police’s role in the operation included the arrest of an Italian suspect, who had travelled to the UAE from …
Dubai Police help arrest key suspect in Dh160-million tax fraud
A key suspect in a €40 million (Dh160 million) tax fraud was arrested with the help of Dubai Police. The suspect is a key figure in an organised crime syndicate involved in an extensive tax fraud …
UAE startup unveils floating structure for offshore PV
Floating Man, a floating structures specialist in Dubai, has introduced a novel structure for offshore floating solar applications. CEO Mehdi Honarvar told PV magazine that the company is currently …
India commerce ministry backs import tax cuts on gold bars -officials
India’s commerce ministry has backed a long-standing demand from the jewellery industry to reduce import tariffs on gold bars, government and industry officials said, amid concern the duties were …
Firm captures UAE’s upmarket segment
Zoho, a leading global technology company, has announced a revenue growth of 43% and 29% increase in partner network in the UAE in 2023.
UMEX and SimTEX 2024: UAE military announce $798m spending
The UAE’s defence and security acquisitions authority, the Tawazun Council, has announced spending of AED2.932 ($798m) at the sixth edition of UMEX and SimTEX 2024. In total there were 18 deals signed …
UAE telco’s stake in Vodafone poses some security risks, UK says
An Abu Dhabi-based telecoms company’s stake in mobile group Vodafone poses national security risks in terms of government contracts and cyber security, Britain has concluded, ordering Vodafone to take …
Mubadala Abu Dhabi Open 2024: All the deets on players, fan village and more
This February will mark the second edition of the WTA500 tennis tournament in Abu Dhabi. Building on the success of the inaugural event in 2023, Mubadala, along with the Women’s Tennis Association (WTA) will bring 28 of the world’s top-seeded female players.
Arada sales hit $1.9bn amid Sharjah real estate boom
Arada has reported a doubling of sales during 2023 to AED7.02bn ($1.9bn) following unprecedented demand for its premium communities in Sharjah and Dubai. The master developer saw a 100 per cent …
Dubai emerges as leading culinary destination: Report
The report, produced by the Dubai Festivals and Retail Establishment (DFRE), aligns with Dubai’s objective to reinforce its status as a global gastronomy hub …
Dubai Chamber of Commerce workshop highlights latest developments in Corporate Tax and VAT laws
Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has hosted a webinar to enhance awareness of the latest development …
Investor protection is “non-negotiable” in crypto regulation: Dubai’s DFSA
Ian Johnston, CEO of Dubai Financial Services Authority says regulators need … Toyota’s chairman shares a stark prediction for the future of EVs SCOTUS wealth tax case ruling could blow up …
Commerce ministry backs import tax cuts on gold bars: Govt officials
India’s commerce ministry has backed a long-standing demand from the jewellery industry to reduce import tariffs on gold bars, government and industry officials said, amid concern the duties were …