Only domestic digital service providers are now subject to paying the value-added tax
Only domestic digital service providers are now subject to paying the value-added tax
Investors are adopting a cautious approach to gold, viewing any price drop as a buying opportunity amid tensions in the region
First organised in 1999, WETEX is a platform for displaying the latest technological advancements
Rates in Sharjah and Northern Emirates are expected to be lower than the premiums offered in Dubai, say experts
Investors advised to avoid panic about oil prices due to the Middle East crisis
The number of home listings in four prime areas declined by 52 per cent during Q3 2024, when compared to the same period last year
Funding, in convertible debt, also coming from Thrive Capital and Khosla Ventures
Tesla's deliveries fall short of expectations, shares drop over 6%
London Gate and Franck Muller elevate their strategic partnership with Dh1.6 billion Vanguard in Dubai Marina
The country has been successfully producing fresh vegetables, thus boosting supply and giving consumers more affordable options
The device is known for its enhanced security features but scammers have found innovative ways to breach the defences
The airline will also provide 48-hour and 96-hour transit visas for travellers from the African country
The country has been heavily investing in food security and aims to reduce imports to 50 per cent by 2050
The city offers diverse options for residents, with new areas being developed, while financing and mortgage options becoming more varied
The AUM of SWFs from the GCC, including the “Oil Five,” is forecast to reach $7.3 trillion by 2030
Findings highlight the UAE’s significant interest in transitioning to electric vehicles
All types of insurance within the UAE increased to 14.6 million policies Y-o-Y in 2023
Scheme records 242% growth from the latter half of 2023
This follows Ajman Bank’s inclusion in the MSCI Global Index in March 2023
Tesla's deliveries fall short of expectations, shares drop over 6%
Findings highlight the UAE’s significant interest in transitioning to electric vehicles
GM to deliver message focused on stability over aggressive growth
A peek into the exciting motoring moments and events in the UAE
Customers working with tighter budgets because of economic uncertainties
Companies commit to transform automotive sector with innovative and sustainable solutions
Automaker is suing Autoliv and ZF/TRW for allegedly charging higher price
Volkswagen in July cut its outlook
Potential tariff war adds to sector's concerns
The latest sports coupe from the house of the trident gains a spiffy new outfit, sophisticated interiors, turbo power and all-wheel drive
The airline will also provide 48-hour and 96-hour transit visas for travellers from the African country
Scheme records 242% growth from the latter half of 2023
Others are advising their relatives and family to remain where they are for now, and praying that they stay safe
A dedicated kerbside drop-off area and a separate entrance for the check-in have also been allocated at Terminal 2 in DXB
Other airlines in the country, including Emirates and Etihad, have earlier extended their flight cancellations to the Lebanese capital
The aviation authority body will closely monitor post-merger operations to ensure ongoing compliance with all regulatory conditions
The bidders requested the delay by another month as they wanted more time to prepare for the auction
Planemaker's suppliers begin furloughing workers, delaying investments
The revised estimate predicts a boost of passenger traffic by 6 million compared to last year’s figures
The early bird offer is available for booking until October 20
It underwent major technological advancements and is now fully operational for arrivals and departures
This new route will operate with three weekly flights
It is part of a multi-million-dirham project that includes plans to open similar lounges in other terminals
Customers are requested to reach out to their booking agents for alternative travel arrangements
All types of insurance within the UAE increased to 14.6 million policies Y-o-Y in 2023
This follows Ajman Bank’s inclusion in the MSCI Global Index in March 2023
Moody's confirms UniCredit ratings with stable outlook
ECB will have final say on UniCredit's move on Commerzbank
Nation banking sector’s asset growth reached 11%, AMF report says
Commerzbank CEO: UniCredit "might want more"
JPMorgan stock may fall by 10%-15% on CEO Jamie Dimon's eventual departure
Protego expects a steady growth in premiums, with both life and non-life segments
Details of the exact capital requirements are yet to emerge
Dual-tranche bond issuance with 7- and 30-year tenors achieves oversubscription of 4.1 times
Bids worth Dh5.07 billion were received, marking an oversubscription of 4.6 times.
HNWIs in the Middle East have a stronger preference for private market assets, study shows
Orcel has said all options — including walking away — are on the table
Berkshire now owns a 10.5% stake in the US banking major
The company also called off its investor day set for Nov. 19
CEO and seven other company leaders to forgo bonuses
Potential deal would face antitrust scrutiny and require divestitures
Fischer shares insights on the future of construction at the International Expert Forum
Transaction includes approximately 86 million shares of Ma’aden and $150 million in cash
Versuni introduces robot from Philips to meet surging demand for smart home solutions
Hundreds join protest to demand wage hike
The partnership will be aimed at North India initiall
Dubai has become a magnet for high-networth Individuals
DirecTV is demanding Disney give it the flexibility to offer smaller packages
Blackstone leads Australia's largest buyout deal this year
Jeweller set to launch 20 showrooms in 1 month
Move shows push to diversify the Spanish billionaire's fortune beyond his fashion empire and real estate
Group’s assets grew by 2% year-on-year
Regulator launches clear guidance for virtual asset service providers
Forward-focused government regulation and increasing institutional investment boost market
Move represents another positive step for cryptocurrency
SmartDeFi and FEG launch innovative platform in emirate
Raheem Ali will also be head of partnerships
Growing number of countries piloting digital currencies
Cryptocurrencies offer exciting opportunities to grow one’s wealth with minimal barriers to entry
The SEC has argued that most cryptocurrency tokens are securities and subject to its registration rules
India ranked high on usage of centralized exchange and decentralized finance assets
Lender plans to broaden its scope of digital asset offerings in the coming months
Residents have been urged to verify the identity of entities they are dealing with before signing any agreements or transferring money
Strong government support, an abundance of capital, and a commitment to sustainability set the region apart
Earlier this year, iSwim made the strategic decision to move from a freezone to mainland Dubai
This comes as crypto demand continues to grow in the country, with many residents trading in digital currencies and some firms even paying salaries in e-cash
The AUM of SWFs from the GCC, including the “Oil Five,” is forecast to reach $7.3 trillion by 2030
Cheapest-to-deliver cash bond set to be scarce
Private payrolls increased by 143,000 jobs last month
Customers working with tighter budgets because of economic uncertainties
Job openings increase 329,000 to 8.040 million in August
Inflation is approaching historical averages in many Mena economies
Year-on-year consumer price increases slowed to 1.8% in September
Proposed tariffs vary from 7.8% for Tesla EVs built in China to 35.3% for those of SAIC and other companies
GDP expanded by 0.5% in second quarter vs +0.6% in poll
September inflation figure dipping to negative 0.5%
Potential tariff war adds to sector's concerns
Pact aims to build supply chains, exchange know-how in critical minerals
Bilateral non-oil trade with New Zealand totaled $313 million in the first four months of 2024
The apex bank predicted the 2025 GDP growth at 6%
Investors advised to avoid panic about oil prices due to the Middle East crisis
Opec+ joint ministerial monitoring committee meets on Wednesday
Brent futures reached their highest in a month
Oil prices jumped by over a dollar on Wednesday due to rising concerns Middle East tensions could escalate
Platts added US crude to benchmark last year
Abu Dhabi energy major signs Turnwell Agreements
The risk of a broader conflict in the Middle East is raising concerns about interruptions in oil supply, said one analyst
Here's how much it will cost to tank up your car this month
Brent oil prices averaged nearly $73 a barrel in September compared to $78.63 a barrel in August
Rise of non-Opec supply narrows options for producer group, Emirates NBD Research says
The exploration operations will utilise advanced technology and artificial intelligence solutions
Group has predicted strong energy demand growth of 24% globally between now and 2050
Oil producer group sees demand growing for a longer period than other forecasters
Closing of the transaction is expected to occur around the end of 2024
RTA announced Dh165 million contract to improve the Al Barsha mall's entrances, surrounding streets
The capacity of the exit to Al Rebat Street has increased from 3,000 vehicles per hour to 4,500 vehicles per hour
The Executive Council announced plans to expand the transport service from the current 64 stations to 96 stations by 2030
Dh431-million bridge will have two lanes in each direction, connecting the residential seafront destination with Sheikh Zayed Road
The public beaches will remain partially closed while being developed in a project that is expected to take 18 months to complete
New LED bulbs will reduce electricity consumption by 17 per cent, improve visibility for drivers
The renovation will be executed in two phases and the initial phase will restore a 2.1km stretch along the Deira side
Cutting-edge AI technologies to usher in a new era of seamless travel, eliminating traditional hassles and streamlining passenger experience
Facility will have snack dispenser, water cooler and mobile phone charging station
The project’s design is inspired by the hexagonal beehive — a nod to the famous Hatta honey
A dedicated track for cyclists and pedestrians will be built along the bridge linking Dubai Islands and Bur Dubai
Emirate’s road network and safety standards have placed Dubai among the best global cities in terms of traffic safety
The federal law aims to preserve country's advanced infrastructure and enhance road safety
Salamah 365 aims to improve traffic and student safety by reducing number of road fatalities and implementing a smart school model, respectively
The country has been successfully producing fresh vegetables, thus boosting supply and giving consumers more affordable options
Investors are adopting a cautious approach to gold, viewing any price drop as a buying opportunity amid tensions in the region
Rates are expected to remain volatile as investors closely monitor a series of US economic indicators this week
Bullion on Monday posted its worst day in over four weeks
Year-to-date gains for the DFM is also the highest in the Gulf
Precious metal rates eased on Monday but remained near last week's record highs
All the previous IPOs attracted strong interest from both institutional and retail investors and were oversubscribed multiple times
The CSI300 blue-chip index is now up nearly 30% from its February trough
The company did not disclose the offer price, which will be announced when subscriptions open on October 7
Wall Street’s benchmark S&P 500 index is up 20% year-to-date
Extra work needed to handle impact of stock rally, state media reports
CME Group leads LME in lithium and cobalt trading volumes
Globally, spot gold was trading at $2,662.59 per ounce, down by 0.38 per cent
Dual-tranche bond issuance with 7- and 30-year tenors achieves oversubscription of 4.1 times
The city offers diverse options for residents, with new areas being developed, while financing and mortgage options becoming more varied
The number of home listings in four prime areas declined by 52 per cent during Q3 2024, when compared to the same period last year
London Gate and Franck Muller elevate their strategic partnership with Dh1.6 billion Vanguard in Dubai Marina
Ras Al Khaimah’s real estate market saw 15% growth in first half of 2024
The regulation also protects renters, and specifies the terms under which owners can terminate the lease before expiry of contract
Over the past few years, rents have been steadily increasing due to strong demand from property buyers and tenants
This will take the property market's tally to nearly 126,000 new units launched this year
If a dispute arises between a landlord and a tenant, the matter can be raised with the centre of the rental dispute in the emirate
Amid the dynamic and competitive landscape of Dubai's real estate market, Charazed Ramzan is emerging as a groundbreaking leader.
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Dubai Grade A office occupancy levels currently exceed 90%
Citi Developers’ Dh300 million Allura Residences to be handed over in Q2 2027
The launch marks a significant milestone in providing a residential experience that seamlessly combines luxury, innovation, and tranquility
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Average annual apartment and villa rents in the emirate stood at Dh66,375 and Dh166,261, respectively
A thriving ecosystem and increasing investor interest to foster innovation and entrepreneurship in the region
As part of the D33 programme, Dubai aims to scale up to 30 companies to become global unicorns in new economic sectors by 2033
The smart greenhouse system presented at the startup exhibition provides energy, water and heat required for plant growth automatically
The recruitment platform targets people aged below 30 and specialises in providing internships, freelance and remote work
Over 1,800 startups representing more than 100 countries participate in Expand North Star 2023 at Dubai Harbour
Over 1,400 start-ups are showcasing their solutions at Expand North Star conference
The bike will have a seating capacity for three people
DIFC's Accelerator Programme received tremendous responses from companies worldwide as the emirate has become a magnet for metaverse
Research and development happened at SRTIP’s hi-tech SoiLAB facilities
Experts do not not rule out the possibility of entities in the UAE’s tech sector having some exposure to SVB
This fund will invest in pre-seed and seed tech-startups in the Middle East and Africa
The UAE is becoming a preferred choice for newly established businesses to raise funds, expand, and hit the billion-dollar mark
The Arab world’s visionary leadership has ensured a strong customer-driven demand as gender stereotypes and taboos are being broken to create a new egalitarian world order
This comes after Indian PM Narendra Modi last year announced January 16 as National Start Up Day to promote entrepreneurship and businesses
A quick check on the website downdetector.ae shows a spike in du outages on Saturday midday
Several UAE residents took to social media to voice their concerns
Telco embarks on digital customer value management of 150 million subscribers
E& UAE has played a vital role in achieving the country’s connectivity ambitions
By adopting the latest 5G solutions, the telecom provider is paving the way for the 6G era by 2030, says official
e& Group’s telecom vertical, e& UAE (formally known as etisalat by e&), was this week named the strongest brand by Brand Finance in the Middle East
The number of e& UAE subscribers reached 14.5 million in Q1 2024
Company’s mobile customer base grew 5.7% year-over-year to 8.7 million subscribers
6G will further elevate capabilities of robots, AI, autonomous transport and remote surgery/diagnostics among others
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e& UAE has consistently demonstrated its commitment to ethical business conduct and anti-bribery compliance
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Customers can download the Virgin Mobile app and get connected instantly with an eSIM in a few minutes
Phone booths offer commuters an invaluable opportunity to strengthen familial bonds and connect with friends
The country's other telco Etisalat by e& is already providing multiple fintech solutions to its customers
e& UAE users can benefit from satellite connectivity without the bulky devices that are typically needed
The device is known for its enhanced security features but scammers have found innovative ways to breach the defences
First organised in 1999, WETEX is a platform for displaying the latest technological advancements
Funding, in convertible debt, also coming from Thrive Capital and Khosla Ventures
Whether you purchased your phone in store or online, here is a guide to getting your money back
India investigating fire at Tata plant, production suspended
Slow build-out can be seen in imports of servers, computers and storage systems, S&P says
AI models now require trainers with advanced degrees
Fundraising was co-led by Peak XV Partners and Elevation Capital
The tech company does not disclose the inner workings of its search engine's software but insists that it does not manipulate the results to favour any political candidate
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The 14T Series boasts exceptional night photography and advanced features
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CodeGuru.ae is a top digital solutions provider in website development, design, and mobile application development in the UAE
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From emptied accounts to fraudulent credit card charges, customers reportedly face blame and recovery agents — instead of solutions
Influx of international stock led to an oversupply in the market, wiping out any chance of turning a profit
Intellect’s eMACH.ai Retail 6DX is built with a flexible architecture
Importers, including local oil companies, were spotted buying dollars, traders said
Ahead of the official roll-out, Botim will introduce a pre-registration form for its 9 million users
The currency saw some relief after hovering close to the 84 mark for much of the week
The higher weightage for Indian equities, effective on Friday, is expected to draw up to $3 billion of inflows
The Reserve Bank of India has routinely intervened this month to ensure that the rupee doesn't fall below the 84 handle
It is likely to trade with a positive bias on the day but expect gains to be limited near 83.80 (Dh22.83), according to a foreign exchange research analyst
The currency rose to 83.85 (Dh22.84) in early trading, its highest level since August 6
The selloff in US and Asian equities following a disappointing jobs report spurred worries of foreign outflows from India and other emerging markets
The rupee was at 83.72 against the US dollar as of 10.35am IST, nearly unchanged from its close at 83.71 on Thursday
Government's decision to hike the tax rate on capital gains dampened market sentiment
While most Asian currencies rose by 0.1% to 0.2%, the rupee was unable to gain due to heightened demand for dollars
With more than 230,000 Pakistanis migrating to the UAE in 2023 in search of greener pastures, remittances are expected to increase in the coming years
The offshore Chinese yuan was up slightly at 7.28 after declining to its weakest level since November on Monday
Financial markets in India were shut on Monday for a holiday