The UAE has officially assumed the chairmanship of the Kimberley Process (KP), a vital United Nations (UN) initiative aimed at preventing conflict diamonds from entering the mainstream rough diamond …
My Own Home: American buys Dh3.8m Dubai bungalow after 15 years in Hong Kong
My Own Home takes you inside a reader-owned property to ask how much they paid, why they decided to buy and what they have done with it since moving inHomeowner Virginia La Torre Jeker is a New Yorker …
Diamond Offshore grabs highest drillship dayrate since 2014 – report
Analysts say the dayrate paid to secure a Diamond Offshore (NYSE:DO) drillship is the highest since 2014, UpstreamOnline.com reported Tuesday. The company said Monday it entered into a contract with …
Dubai-Sharjah traffic: Speed limit reduced on key part of major road
Authorities in Dubai have reduced the speed limit of a key stretch on Al Ittihad Road. Effective November 20, the speed limit on the stretch between Sharja..
Sandboxing, catalytic capital and talent hub: Dubai’s innovative approach to economic growth
Dubai’s regulatory-led tech growth, catalytic and patient funding, and policies to attract talent are spurring growth in crucial sectors of the Emirate
India considers reducing taxes on imported electric vehicles for five years to attract Tesla.
Indian government is considering offering five-year tax cuts on electric vehicle imports to attract Tesla. Income Tax Department is investigating Apple, Google, and Amazon in India for possible …
UAE’s end-of-service benefits scheme: No new work permits, $272 fine if employers don’t pay fee
Penalties and fines will be imposed if the employer fails to pay a subscription fee for the alternative scheme for end-of-service benefits …
Over 10,000 Russian-speaking doctors seek to move to the UAE annually
Volna is a relocation services company dedicated to facilitating the transition of medical experts and clinic owners to the UAE and Europe, offering a seamless path to new career and business …
Abu Dhabi showcases innovative projects at Gitex Global
the Abu Dhabi Customs has announced. The value of non-oil foreign merchandise trade through Abu Dhabi ports totalled Dhs66.5 billion during first four months of 2020. The imports increased by 2.2 per …
The Parties’ Perspective: A Closer Look at the Updated UAE Federal Arbitration Law
The courts held that the true seats of those arbitrations were offshore jurisdictions because of the chosen administering institution and rules of procedure. In the Abu Dhabi case (where the seat had …
UAE’s single-digit corporate tax regime: Redefining global standards for fiscal efficiency
In a transformative move that has reshaped the economic landscape, the UAE introduced its comprehensive Corporate Tax regime on June 1, 2023. This historic..
United Arab Emirates faces scrutiny as plans to extract 38 billion barrels of oil unveiled
If all oil-producing nations followed the United Arab Emirates’ strategy, the world’s carbon budget for 1.5°C would be exceeded many times over.
Sharjah Ruler offers condolences to Saudi King
Sharjah24: His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has sent a message of condolence to the Custodian of the Two Holy Mosques, King Salman …
Sharjah Ruler condoles Saudi King on death of Prince Yazeed
Sharjah24: His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has sent a message of condolence to the Custodian of the Two Holy Mosques, King Salman …
Boeing Takes Lion Share Of Dubai Airshow Orders On First Day
Boeing has started the Dubai Airshow with a flurry of announcements for significant orders, as airline optimism is buoyed by continued recovery.
Emirates, Flydubai top orders at Dubai Air Show as China’s J-10 makes debut
Middle Eastern carriers were out in full force on the opening day of the five-day air show at Al Maktoum Airport at Dubai World Central.
Dubai-based player fixed rig to drill 470 million barrel West Africa well
A Dubai-based independent is set to drill a high profile frontier wildcat next year on a 470 million barrel prospect offshore Guinea-Bissau after fixing a rig from Diamond Offshore. Guinea-Bissau, …