Dubai’s fast-growing fintech and financial services sectors are attracting a flurry of senior hybrid workers, many of which have been impacted by the 200,000-plus tech industry job cuts seen this year …
Future of Fintech in the Middle East 2023: Aiming to become an AI hub
This is an excerpt from The Future of Fintech in the Middle East 2023 report. Welcome to Finextra. We use cookies to help us to deliver our services. We’ll assume you’re ok with this, but you may …
Saned installs over 612 ‘Aman Alarms’ in Sharjah’s facilities during H1 2023
SHARJAH – Saned Integrated Facilities Management has reinforced its commitment to public safety in collaboration with the Sharjah Prevention and Safety Authority with the installation of 612 Aman devices and processing of 740 device registration requests in H1 2023. The Aman system now oversees a total of 10,367 registered facilities.
Dubai to attract over 600 new web3 ventures by end of 2023 with heavily subsidised commercial license
The latest move is seen as part of a well-calculated strategy to make Dubai a web3 hub for attracting global talent to make it a tech powerhouse Dubai to attract over 600 new web3 ventures by end of …
How Indians in the UAE can save on taxes when selling property back home
Nitin Kakaria, a 43-year-old Indian chief executive of a Dubai-based investment advisory company, sold a plot of land in the city of Noida in the Delhi-National Capital Region in March. He invested …
Customs seizes over 600g of gold from Cial passenger
Kochi: Customs air intelligence Unit (AIU) on Saturday foiled yet another bid to smuggle gold into the country and seized gold from a passenger who arrived at the Cochin International Airport Ltd from …
Customs seizes 666.6g of gold at Kochi airport
Acting upon the profiling conducted by AIU officers, the passenger arriving from Abu Dhabi via flight EY 280 was intercepted at the green channel of Kochi International Airport. KOCHI: Customs Air …
Abu Dhabi shuts down a restaurant for selling non-halal food without a permit
The administrative closure decision came due to that the aforementioned restaurant was monitored selling non-halal food without obtaining the necessary permits, in addition to storing and preparing it …
Gold seized at Kochi airport
Customs Air Intelligence Unit at Cochin Airport seized 666.60g of gold from a passenger arriving from Abu Dhabi. 550g was in paste form, two gold chains concealed in his socks. Passenger intercepted …
Dubai offers training after bounced cheques decriminalised
Dubai Chambers raise awareness of legal responsibilities over issuing bounced cheques in the UAE Dubai offers training after bounced cheques decriminalised bounced cheque, bounced cheques, cheque, …
Egypt Strikes USD 500 Million Deal with UAE to Finance Wheat Imports
Egypt has signed a USD 500 million (EGP 15.4 billion) deal with the Abu Dhabi Exports Office (ADEX) to fund wheat imports for five years, according to a statement by the State Information Service on …
Application of corporate tax on the manufacturing companies in the UAE
The companies which are involved in manufacturing and processing of the goods in the UAE, they need to assess their position, to get the benefit of zero per cent CT on the QI. Where the nonresident …
Egypt expects to start buying UAE-financed wheat in January
Egypt expects to begin reaping the benefits of an Abu Dhabi-financed deal to buy $500 million of imported wheat in January, supply minister Ali Moselhy sai..
Dubai: Property prices stabilising after 2 years of increase
Several developers are seeking to accelerate their construction programmes with the aim of bringing handovers forward by 3-6 months’ …
Dubai Customs Pioneers Comprehensive Community Engagement with Diverse Initiatives
In its strategic blueprint, Dubai Customs has embraced the task of amplifying corporate social responsibility, aiming to cast a wider net of involvement. The objective is to partake in social, …
Uae: Will Dh50,000 Fine Apply If I Manage Friend’s Business While On Visit Visa?
I came to the UAE on a visit visa. A friend has offered me a job to manage his business in Dubai. Can I join immediately on the visit visa or do I need to first get an employment one? Answer : …
A peek inside UAE’s richest resident: Telegram billionaire founder, Pavel Durov’s luxurious retreat in Dubai’s Jumeirah Islands
After several years of moving between countries during the development of Telegram, Durov settled in Dubai in 2017, partly due to the favorable tax policies of the United Arab Emirates.