China Merchants Group Ltd. is considering bidding for a stake in PCCW Ltd.’s fiber business as separate talks between the conglomerate and Abu Dhabi’s sovereign wealth fund falter, people familiar …
Sultan bin Ahmed honours winners of 29th Sharjah Award for Educational Excellence
In her speech, Al Hashimi emphasised that the Sharjah Award for Educational Excellence, the first of its kind to honour students, is more than just a symbol of excellence and inspiration; it is also a …
Maximizing Your Business Trip to Dubai: A Comprehensive Guide
Dubai, with its vibrant culture, booming economy, and iconic skyline, is a hub for business and trade in the Middle East. A business trip to Dubai offers more than just meetings and conferences; it pr …
Nexo’s Dubai Entity Receives Initial Approval from Dubai’s Virtual Assets Regulatory Authority (VARA)
Nexo, a leading digital assets institution, announced today that its Dubai entity, Nexo DWTC, has been awarded an Initial Approval [IA] by Dubai’s Virtual Assets Regulatory Authority (VARA) for …
CBUAE issues monetary and banking developments – December 2023
The Central Bank of the UAE (CBUAE) announced that the Money Supply aggregate M1 increased by 4.0 percent, from AED797.4 billion at the end of November 2023 to AED829.3 billion at the end of December …
Luxury yachts dazzle at Dubai’s boat show
STORY: More than 200 boats were on display at the exhibition, including two fully electric yachts.”We started off the show with a bang selling two super-yachts and we are continuing our sales. We have …
British Airways to offer free texts on messaging apps – but photos will cost you
British Airways is to offer passengers free WhatsApp and Facebook Messenger in an attempt to revive its flagging reputation with customers. The flag carrier airline’s customers will be able to send …
Dubai: Autopsy in 5 minutes; how police are using AI to solve crimes faster
By leveraging AI algorithms, the Dubai Police have not only accelerated the resolution of criminal cases but have also upheld the dignity of the deceased by minimising the need for extensive autopsy …
Nahyan bin Mubarak inaugurates Harrisburg University in Dubai Knowledge Park
Harrisburg University of Science and Technology Dubai (HU Dubai), an extension of a leading, independent science and technology-focused university in the USA, has officially inaugurated its new campus …
Carbonmark Incorporated in Dubai (DMCC) to Scale Environmental Markets
has incorporated in Dubai Multi Commodities Centre (DMCC). This significant milestone marks Carbonmark’s transition from a technology solution initially incubated within KlimaDAO to an independent, …
Toluna survey highlights UAE residents’ enthusiasm for Web 3.0 technologies amid potential challenges
Dubai, UAE: In the rapidly evolving digital landscape, the Middle East finds itself at the forefront of emerging technologies, with Web 3.0 as one of the main focal points of innovation and adoption.
9999999999: BIG TAX TROUBLE for UAE fund! Reason lies in the number itself – DETAILS
ADIA filed an appeal with the Income Tax Appellate Tribunal. Article 24 of the tax treaty between India and the United Arab Emirates (UAE) granted it tax exemption in India as a “govt” body. ITAT …
More than 70% of UAE retailers see increase in revenue and customer traffic since accepting digital payments: Visa study
Visa’s Value of Acceptance study also reveals 68% of digital payment accepting UAE merchants surveyed say accepting cards and mobile payments essential investment for business growth Sixty-seven …
Invest in the UAE: A Smart American Investor’s Guide
The United Arab Emirates (UAE) has long been lauded for its opulent cityscapes, innovative architecture, and thriving ec …
Federal Tax Authority hosts Hackathon to present cutting-edge concepts for enhancing tax services
As part of its participation in the UAE Innovation Month, the Federal Tax Authority (FTA) organised a high-powered Hackathon at Dubai Youth Hub in …
Dubai Land Department, Property Finder, Bayut and Dubizzle collaborate to empower local talents in the real estate sector
Dubai, United Arab Emirates: Dubai Land Department (DLD), represented … The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or …
UAE and Kuwait trade topped $86bn in 10 years
Trade between the UAE and Kuwait passed $86bn in 10 years, according to official figures. The UAE and Kuwait have strong economic and trade relations, evidenced by their trade exchange between 2013 …