A major hawala racket smuggling foreign currencies to the UAE was busted following the deportation of three students from Dubai. The unsuspecting flyers were found carrying undeclared USD 400,100 in …
Emirati minister says UAE can be gateway to global success for Indian entrepreneurs
A leading Emirati minister has called on Indian entrepreneurs and business leaders to continue to embrace the UAE as a “gateway to new opportunities around the world” at a major gathering celebrating …
TF Kaan: Why UAE Might Be Interested In Turkey’s Stealth Jet Project
The UAE could well seek a role in manufacturing components and subsystems for the Kaan, giving its domestic military industries valuable experience.
Dubai’s DFSA appoints former UK FCA executive Mark Steward as CEO
Steward, who stepped down as the executive director of Enforcement and Market Oversight at UK’s Financial Conduct Authority (FCA) in 2023, will replace Ian Johnston …
Dubai Islamic Bank launches first sustainability-linked finance framework to drive climate action
The framework provides clear definitions for what qualifies as eligible sustainability-linked finance facilities …
Dubai Launches ‘Salama’ AI Platform To Simplify Visa Service
The General Directorate of Residency and Foreigners Affairs (GDRFA) in Dubai has launched a revolutionary artificial intelligence platform called ‘Salama’, designed to transform residency and visa …
UAE weather tomorrow: Dusty to partly cloudy conditions; orange alert issued for strong winds
The weather in the UAE on Wednesday, February 26, will be dusty to partly cloudy at times over some northern, coastal and eastern areas, according to the country’s met department.The National Centre of Meteorology (NCM) said that it could get humid by Wednesday night and Thursday morning over some internal areas of the country.
Ramadan 2025 date for different countries: Muslims in Saudi Arabia, India, UAE, Pakistan to sight crescent moon together
For the first time in years, entire Muslim world will unite to witness Ramadan 2025 crescent moon on the same night; may begin fasting together. Here’s why!
How supply issues impacted real estate in Dubai, Abu Dhabi and across the UAE in 2024
Asteco’s Q4 2024 real estate report highlights sustained market growth across Dubai, Abu Dhabi and around the UAE, driven by strong economic fundamentals, proactive government initiatives and …
IQI expands its footprints in UAE market
Gulf Network Global real estate network IQI, one of the leading real estate firms of Southeast Asia with offices in 32 countries globally including …
Dubai DET signs strategic partnership with Amadeus to foster innovation in travel technology
The Dubai Department of Economy and Tourism (DET) has signed a strategic memorandum of understanding (MoU) with Amadeus, a global leader in travel technology, to facilitate a city-wide ecosystem for …
UAE small businesses reap benefits as Muwafaq package supports SME tax compliance
The package seeks to create a significant step forward in fostering innovation within the tax system and delivering comprehensive solutions that align with market needs …
Intesa Sanpaolo and UAE Masdar strengthen M&A cooperation
Intesa Sanpaolo and Abu Dhabi Future Energy Company (Masdar) have signed a Memorandum of Understanding to enhance their cooperation in mergers and acquisitions, the bank announced on February 24. The …
Abu Dhabi’s Etihad Airways aims to announce IPO this week, sources say
Abu Dhabi’s Etihad Airways aims to announce the launch of a $1 billion initial public offering this week, two sources told Reuters, in what would be the first IPO of a major Gulf airline in nearly two …
UAE: Dh1.15 million total fine imposed on companies for violating laws, non-compliance with anti-money laundering provisions
UAE imposes Dh1.15 million in fines on companies for violating anti-money laundering laws and regulations. Stay informed on the latest financial compliance news.
United Arab Bank partners with Qualco to digitise supply chain finance operations
Qualco has announced a strategic partnership with United Arab Bank (UAB), one of the longstanding home-grown banks in the UAE. Together, they will deploy Qualco ProximaPlus, a cutting-edge platform to …
Sharjah CP reviews expansion project updates at Sharjah International Airport
H.H. Sheikh Sultan received a detailed briefing on the airport’s passenger terminal expansion project, which is designed to enhance capacity to accommodate 20 million passengers annually.