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UAE Space Agency Showcases Contributions to Sustainability at the UAE Climate Tech

UAE Space Agency Showcases Contributions to Sustainability at the UAE Climate Tech

 Highlighted key projects and contributions in developing software and solutions to overcome national and global challenges. Announced phase 2 of Space Analytics and Solutions (SAS) Program to combat climate change. Signed an MoU with ADNOC to expand s

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14 May, 11:48 AM
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Emaar records a 43% increase in net profit for Q1 2023 achieving group property sales of AED 9.2 billion

Emaar records a 43% increase in net profit for Q1 2023 achieving group property sales of AED 9.2 billion

• Emaar Development's sales backlog has increased to AED 45.680 billion (US$ 12.437 billion), to be recognised as revenue in the coming years.   Dubai, United Arab Emirates- May 11, 2023: Emaar Development PJSC (DFM: EMAARDEV), the UAE build-to-sell prope

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14 May, 11:48 AM
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Ministry of Finance Issues Explanatory Guide for Corporate Tax Purposes

Ministry of Finance Issues Explanatory Guide for Corporate Tax Purposes

● The Guide provides an article-by-article explanation of the meaning and intended effect of the provisions of the Corporate Tax Law and its implementing decisions.  ● The Explanatory Guide reflects the Ministry's commitment to ensuring taxable persons ar

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14 May, 11:48 AM
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Transguard signs deal to transport and safeguard diamonds and jewellery from India

Transguard signs deal to transport and safeguard diamonds and jewellery from India

India’s gems and jewellery exports to the UAE have surged in the past year, thanks to the Comprehensive Economic Partnership Agreement (CEPA) between the two countries, and there’s no one better to protect these precious and priceless items than Transguar

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14 May, 11:48 AM
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Real Estate and Properties Transactions Soar to AED 9.4 Billion in One Week: Insights into Top Transactions, Hotspots, and Mortgages

Real Estate and Properties Transactions Soar to AED 9.4 Billion in One Week: Insights into Top Transactions, Hotspots, and Mortgages

The real estate and properties transactions valued at AED 9.4 billion in total during the week ending 12 May 2023. The sum of transactions was 3,112. 170 plots were sold for AED 1.89 billion, 2,261 apartments and villas were sold for AED 5.34 billion. The

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14 May, 11:48 AM
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Abdullah bin Zayed, Singaporean Senior Minister discuss strengthening ties

Abdullah bin Zayed, Singaporean Senior Minister discuss strengthening ties

 H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has met with Tharman Shanmugaratnam, Senior Minister and Coordinating Minister for Social Policies in Singapore, and discussed means of enhancing bilater

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14 May, 11:48 AM
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Maktoum bin Mohammed meets with CEO of Accenture

Maktoum bin Mohammed meets with CEO of Accenture

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC), met with Julie Sweet, the Chair and Chief Exec

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14 May, 11:48 AM
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Salik reports AED275 million in Q1 net profit

Salik reports AED275 million in Q1 net profit

Dubai's toll operator Salik has reported a net profit of AED275 million, for Q1-2023.This was announced by the company during its meeting presided by Mattar Al Tayer, Chairman of the Board, today.“Salik recorded the highest level of quarterly revenue-gene

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UAE welcomes agreement between Sudanese Armed Forces and Rapid Support Forces to protect civilians in Sudan

UAE welcomes agreement between Sudanese Armed Forces and Rapid Support Forces to protect civilians in Sudan

 The UAE has welcomed the announcement by the Kingdom of Saudi Arabia and the United States that representatives of the Sudanese Armed Forces and the Rapid Support Forces in Jeddah have signed a Declaration of Commitment in order to protect civilians in S

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14 May, 11:48 AM
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ADNOC Distribution reports AED551 million in quarterly net profit

ADNOC Distribution reports AED551 million in quarterly net profit

ADNOC Distribution today announced its first quarter 2023 results, reporting a 5.5% year-on-year and 19.4% Quarter-on-Quarter increase in net profit excluding inventory movements to AED 551 million, driven by strong performance and efficiency improvement

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14 May, 11:48 AM
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Hamdan bin Mohammed issues resolution on new Board of Governors of Hamdan Bin Mohammed Smart University

Hamdan bin Mohammed issues resolution on new Board of Governors of Hamdan Bin Mohammed Smart University

 H. H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, has issued Executive Council Resolution No. (2) of 2023 on the formation of the new Board of Governors of the Hamdan Bin Mohamme

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14 May, 11:48 AM
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Haaland named FWA Footballer of the Year

Haaland named FWA Footballer of the Year

After an outstanding first season in England, Erling Haaland of Manchester City received the renowned Football Writers' Association (FWA) Footballer of the Year title, it was revealed Friday.With 82% of the voting, Haaland, 22, won the award by a record-b

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Dubai Investments reports AED314.45 million in quarterly net profit

Dubai Investments reports AED314.45 million in quarterly net profit

The DFM-listed Dubai Investments has announced a 55% percent increase in Q1 2023 net profit to AED314.45 million, compared to AED202.55 million during the corresponding period of 2022.The total income for the Group increased to AED1.02 billion compared to

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UAE presents labour market legislations to Human Rights Council

UAE presents labour market legislations to Human Rights Council

The UAE presented to the UN’s Human Rights Council (HRC) its legislative ecosystem, which regulates the local labour market, provides social security and ensures decent working conditions to UAE workers in line with the Paris Principles.Several UAE federa

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14 May, 11:48 AM
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Federal Tax Authority to Commence Corporate Tax Registration for Public and Private Companies from 15th May 2023

Federal Tax Authority to Commence Corporate Tax Registration for Public and Private Companies from 15th May 2023

The Federal Tax Authority (FTA) has launched registration for Corporate Tax through the EmaraTax digital tax services platform for Public Joint Stock Companies and Private Companies starting tomorrow, Monday, 15 May 2023, in line with Federal Decree-Law N

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