many Israelis are fleeing the long arm of the Israel Tax Authority to the tax haven of Dubai, which has no bank reporting. Tightening tax regulations in many countries, beginning with the US …
UAE attracts record $23 billion in foreign investment in 2022, UN report says
Foreign direct investment (FDI) flows into the United Arab Emirates rose 10% in 2022 from the previous year to a record $23 billion, the United Nations trade body said in a report on Wednesday.
How Dubai siblings created a thriving chocolate factory for diabetic mother
Co Chocolat, owned by FIlipina sisters Iman and Luchie Suguitan, has a physical store inside Candylicious at Dubai Mall …
Minister of SMEs & Startups conducts ‘shuttle diplomacy’ for cooperation with UAE Minister of Economy
On July 6, the Ministry of SMEs and Startups announced that its minister, Lee Young, held a meeting with Abdullah bin Touq Al Marri, the UAE Minister of Economy, in the 63 Building in Yeouido, Seoul, …
UAE COP28 president calls on oil firms to ‘deliver climate action’
Sultan Ahmed Al Jaber gave a televised address to delegates at the OPEC International Seminar in Vienna, a meeting of oil executives and OPEC ministers.
UAE’s Ministry of Investment to further boost foreign direct investment after record year
The UAE’s move to form a Ministry of Investment this week is part of an orchestrated push by the country to boost foreign investment as it seeks to diversify its economy. The new ministry will …
Manchester City Treble Winner Ederson Enjoys Family Vacation In Abu Dhabi Following Historic Season
Lebanese fintech entrepreneur Nadine Mezher shines in Forbes Middle East’s ’20 Women Behind Middle Eastern Tech Brands 2023′
Lebanese and Middle Eastern women have been smashing through barriers and demonstrating their remarkable achievements in traditionally male-dominated fields, including the technology industry.
Most Gulf markets in red on hawkish Fed; Dubai gains
Dubai’s main share index (.DFMGI) advanced 1%, hitting its highest since 2015, led by a 3.9% increase in top lender Emirates NBD (ENBD.DU), which is a whisker away from record high. Foreign direct …
Abu Dhabi: Sheikh Zayed Festival opening date revealed
T he new edition of the popular Sheikh Zayed Festival will be held from November 17, 2023 to March 9, 2024, in Abu Dhabi’s Al Wathba area, the organising committee announced.
F1 announces Abu Dhabi Yas Marina Circuit as finale race track in 2024
Following this announcement, it has been revealed that Abu Dhabi’s Yas Marina Circuit will once again be the host of the much-anticipated race final from December 5-8 next year. Tickets for the 2024 …
Man City treble winner Ederson enjoys family vacation in Abu Dhabi following historic season
The City goalkeeper soaked in the atmosphere at Emirates Palace Mandarin Oriental Abu Dhabi, Louvre Abu Dhabi and Warner Bros. World Abu Dhabi …
Why the world’s super-rich are investing in Dubai real estate
In the City of Gold, the world’s wealthy show no sign of ending their real estate shopping spree Why the world’s super-rich are investing in Dubai real estate Brand Dubai, Dubai, Dubai luxury real …
Dubai Chambers hosts four legal webinars to support and empower the emirate’s business community
Dubai Chambers has successfully hosted four webinars exploring a range of legal topics impacting the emirate’s business community. The informative onlin …
Customs officials in Delhi confiscate gold worth $337,000 smuggled from Dubai
Indian citizens on a flight from Dubai were arrested in Delhi after trying to smuggle gold worth almost $337,000 into the country. Customs officials seized 6.5 kilograms of gold bars at Indira Gandhi …
SSY offshore operation grows again with deal to buy German shipbroker F3O
SSY set up its offshore broking operation in February with the takeover of Kristiansand, Norway-based Westshore Shipbrokers. Founded in 2009, F3O was the first brokerage to specia …
Dubai tech start-up alfii raises $2.5m to fuel growth
Dubai-based tech start-up alfii raised $2.5 million in a pre-seed funding round as the company aims to expand its team and further develop its product offerings. The latest funding round was led by …