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Tag: uae

Posted on 04/04/2025

UAE non-oil business sector growth slows in March, PMI shows

Growth in the UAE’s non-oil private sector moderated in March, a survey showed on Friday, highlighting a softening in demand momentum in the Gulf region’s most diversified economy.

Posted on 04/04/2025

Will UAE see increase in car prices, drop in new vehicle models amid Trump tariffs?

Buying new cars in the UAE could get more expensive in the aftermath of new tariffs rolled out by US President Donald Trump, say experts. The impact could even extend to car maintenance and repairs.

Posted on 04/04/2025

Mastering the Tax Game: Proven Strategies for Businesses in the UAE and GCC

In the very active economic landscape of the UAE and GCC, understanding the nuances of tax laws is not just about compliance—it’s about gaining a strategic advantage. As these regions diversify away …

Posted on 04/04/2025

UAE’s non-oil sector slows as demand softens

The UAE’s non-oil sector experienced a mild slowdown in March, amidst signs of a softening in demand growth. The S&P Global UAE Purchasing Managers’ Index (PMI) dropped to 54 last month, down from 55 …

Posted on 04/04/2025

Bank Frick Expands to Dubai

Bank Frick is expanding to Dubai with a new branch in the DIFC to enhance its blockchain and fintech presence in the Middle East.

Posted on 04/04/2025

UAE crypto firm fined $428K in FBI wash trading sting

An FBI sting operation reveals a UAE firm’s scheme to artificially inflate crypto trading volumes, leading to market manipulation charges and a hefty fine.

Posted on 04/04/2025

Dubai introduces variable parking fees today: Where are the premium zones and what are the prices?

Many parking spaces in Dubai will no longer have a set price, as new variable fees come into effect today (Friday, April 4). Peak pricing will apply for six of the 14 chargeable hours each day, from …

Posted on 04/04/2025

UAE-based Crypto Firm CLS Global Fined $428,000 for Wash Trading Scheme in U.S. Markets

CLS Global, a UAE-based financial services firm, has been fined $428,059 after admitting to wash trading in U.S. cryptocurrency markets.

Posted on 04/04/2025

10 killed in Dubai e-scooter, cycle accidents last year: Experts seek stricter rules, enforcement

Road safety experts are calling for stricter use of e-scooters, including the creation of a federal entity that will act as a neutral oversight for all aspects related to soft mobility and road safety …

Posted on 04/04/2025

Dubai’s business and tech culture tops Silicon Valley: NVIDIA, Amazon-backed startup founder

Frontier tech refers to emerging technologies at the cutting edge of scientific breakthroughs and real-world implementation. The startup he founded is called Nucleus AI, which has since worked with …

Posted on 04/04/2025

From Loma to Dubai: Great Falls native Kai Stewart headlining historic BKFC event on Saturday

The quiet calmness of Loma, Montana is a long way from the over-the-top opulence of the oil-rich United Arab Emirates. But former CMR wrestler Kai Stewart is at home in both environments.

Posted on 04/04/2025

Dubai-based Bulgarian couple are in the business of parties that end at 10pm

Dubai-based Bulgarian couple Stoyan Angelov and Johana Angelova are redefining nightlife with a concept as refreshing as their relationship.Please Leave by 10 is their brainchild—a party that starts …

Posted on 04/04/2025

Fifteen Bermudian women attend conference in Dubai

Bermuda took centre stage last week as Tinee Furbert, Minister of Youth, Social Development and Seniors, led a delegation at the International Women’s Leadership Conference in Dubai. The event was …

Posted on 04/04/2025

Abu Dhabi Art announces dates, visual campaign artist for 17th edition

The 17th edition of Abu Dhabi Art will take place from 19 to 23 November at Manarat Al Saadiyat. Organised by the Department of Culture and Tourism – Abu Dhabi, (DCT Abu Dhabi) the fair will showcase …

Posted on 04/04/2025

UAE displays BMP-3 with new turret

Ministry of Defence (MoD) released a video on 3 April that showed a BMP-3 infantry fighting vehicle (IFV) fitted with the …

Posted on 04/04/2025

Trump Imposes Tariffs on Goods from the UAE, KSA, Egypt, and Morocco; Effective on April 9

US aims to retaliate against the tariffs and non-monetary barriers of other countries which the White House finds that “unfairly” penalize US products.

Posted on 04/04/2025

Dubai Fountain Closure Announced

Dubai Fountain is the largest performing fountain in the world, situated in Downtown Dubai.

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