Sultan Al Jaber leads UAE delegation at GCC industry meetings
Dr. Sultan Al Jaber: ‘The UAE is committed to strengthening relations and cooperation with Gulf countries to increase investments and promote sustainable economic growth.’His Excellency Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology
Ministry of Economy signs MoU with Presight to enhance UAE's attractiveness to FDI & support private sector partnership
Signing takes place on the sidelines of 12th Annual Investment Meeting (AIM) in Abu Dhabi The Ministry of Economy (MoE) signed a memorandum of understanding (MoU) with Presight, the region’s leading data analytics company powered by artificial intelligen
Dubai Chambers Introduces Commercial Attachés of EU Diplomatic Missions to UAE's Corporate Tax Law to Encourage Investment
• Workshop attended by 13 officials representing the commercial interests of EU Diplomatic Missions in the UAE.• Lootah: “Today's workshop is important, as it enables us to connect with the European diplomatic community in the UAE and raise their awarenes
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
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
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
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
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
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
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
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
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
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
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
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