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FTA Director General Khalid Ali Al Bustani

Corporate tax: FTA launches corporate tax workshop platform

The new feature forms part of the steps the FTA has taken to ensure a smooth implementation of the corporate tax law

National Bonds raises stake in Taaleem oup CEO image National Bonds

National Bonds increases stake in Taaleem to 22%

Taaleem operates 26 schools with 27,000 students, supported by more than 1,700 faculty members and 3,000 administrative staff in the UAE

Samana Ivy Gardens

UAE real estate: mid-tier developments are top buyer preferences

After a spate of ultra-luxury and luxury housing sales, mid-tier developments look to drive the UAE’s real estate market

DIB launches DIB alt image DIB

Dubai Islamic Bank launches DIB ‘alt’, consolidates digital offerings

DIB alt brings together more than 135 digital services via the DIB Mobile App, online banking, WhatsApp and ATMs

Emirates to recycle onboard items as part of its new closed loop recycling initiative Image credit Emirates

Emirates to recycle plastic trays, items used onboard into new products

The airline has launched a new closed-loop recycling initiative, which will see millions of onboard items recycled in a local facility into fresh, ready-to-use products

Unemployment insurance scheme_MOHRE

UAE Unemployment Insurance scheme: Know the policy claim companies

The UAE government has signed an agreement with nine local companies to operate and fund the unemployment insurance scheme

AD Ports Group, Crystal Offshore deal

AD Ports Group inks 25-year agreement with Crystal Offshore

The new shipyard fabrication facility will cater for drilling rigs and marine assets as well as deep water vessels such as FPSO

UAE launches nationwide sustainability awareness campaign Image: Credit Getty Images

COP 28: New national campaign launches to raise sustainability awareness

The campaign aims to spread awareness about UAE’s environmental sustainability issues, encourage community engagement and support climate action strategies ahead of COP28

EDB partners with ADDED

Make it in the Emirates: EDB joins hands with ADDED

The development bank is playing a vital role in supporting the UAE’s industrial strategy by providing financial assistance and driving sustainable growth

Ajman Holiday Homes

Landlords, hotel owners can rent out short-term holiday homes in Ajman

The holiday homes services create a comprehensive regulatory framework to govern and supervise the operations of short-term rentals

Winners of the startup pitch competition

Make it in the Emirates: MoIAT reveals startup pitch competition winners

Twenty-four startups were shortlisted to participate in the competition by a panel of industry experts from a pool of almost 400 submissions

New cancer drug-from-Astrazeneca-launched-in-the-UAE-Image-credit WAM

New drug to treat liver, lung cancer now available in UAE

The UAE is one of the first countries in the Middle East to receive the medication

Americana Restaurants on MSCI UAE Index

KFC, Pizza Hut holding firm Americana Restaurants lists on MSCI UAE Index

The index is widely recognised as an important benchmark for investment decision-making by investors in emerging markets

Zest Pharmacy retail outlet

Aster Pharmacy, Spinneys launch Zest Pharmacy in Abu Dhabi

The pharmaceutical concept will provide a wide range of products including skincare, nutrition, cosmetics and mother and childcare

DUBAI - RENTAL AREAS

Dubai property sector sees 11,700 transactions worth Dhs34bn in May

According to Property Finder’s proprietary data, the top searched areas for owned apartments in May included Dubai Marina, Downtown Dubai, Business Bay, Palm Jumeirah, and Jumeirah Village Circle

Tabby

Dubai buy now, pay later firm Tabby raises debt to $350m

The financing round for Tabby was led by US-based Partners for Growth, Atalaya Capital Management and CoVenture

UAE Exports to lead country's growth

UAE exports projected to reach Dhs2tn by 2030: report

The country’s transformation to a high-tech manufacturing and innovation hub will see its exports reach around Dhs2tn by 2030

Adnoc private sector

ADNOC, Nafis to create 5,000 new private sector jobs

ADNOC Group has partnered with Emirati Talent Competitiveness Council to empower UAE talents to take leading roles in sustainable development of the industrial sector

FAB allots $1.3bn in financing

UAE’s FAB to provide $1.36bn in financing solutions to investors

The bank will offer competitive financing solutions to support the adoption of advanced technology in the industrial sector

RTA

Dubai’s RTA unveils new parking signs with fee details and payment options

The latest statistics revealed that over 80 per cent of customers prefer to pay their service fees via mobile phones and smart tablets

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ADNOC L&S soars over 50% above listing price on ADX

ADNOC L&S expects to increase the annual dividend per share by at least 5 per cent per annum

midday break for outdoor workers comes into place June 15

UAE announces midday break timings for outdoor workers in summer

The midday break regulations start June 15 and will stay in place for a period of three months

UAE corporate tax_free zones

Corporate tax: UAE exempts free zones from business tax

The government said qualifying entities in the country’s economic free zones will be subject to a 0 per cent rate

Image WAM for illustrative purposes Abu Dhabi reduces speed limit on Sweihan road

Abu Dhabi: New speed limit announced for Sweihan Road from June 4

The speed limit will reduce from 140kmph to 120kmph from Sunday

satellite component by STRATA

Strata Manufacturing delivers MBZ-SAT satellite components to MBRSC

This partnership showcases the technological advancement in locally manufacturing satellite components as the UAE builds a space industry

Dubai visit visa 10-day grace period removed-photo-courtesy Dubai Media Office

Dubai visit visa: 10-day grace period removed for travellers who overstay

Visitors who overstay their visa will have to pay a fine of Dhs50 per day

Dubai Healthcare Authority

Number of Dubai healthcare facilities jump 11.5% in Q1 2023: DHA

The healthcare facilities provide care across a range of medical specialities and sub-specialities

TAQA, ENGIE & EWEC desalination plant.jpeg

TAQA, ENGIE and EWEC close $620m financing for desalination plant

The plant will desalinate seawater using low-carbon intensive reverse osmosis technology to produce water sufficient to meet the demand of up to 210,000 households

PALM JEBEL ALI

Palm Jebel Ali greenlit by Sheikh Mohammed as part of Dubai 2040 Urban Plan

Palm Jebel Ali, in its scope is twice the size of the iconic Palm Jumeirah and is part of the portfolio of projects being developed by Nakheel

Dubai ICD posts record profit

Dubai wealth fund ICD records full year profit of Dhs36.1bn

The wealth fund said its banking and financial services division, the largest contributor in 2022, generated Dhs15.3bn in net profit