Uzbekistan and the UAE have taken their partnership to new heights, forming a strategic alliance rooted in trust between their leaders, President Shavkat Mirziyoyev and the UAE’s leadership. This collaboration has sparked growth in trade, economic, industrial, technological, and cultural sectors. Investments from the UAE in Uzbekistan have been rising steadily, with $1.08 billion invested...
The UAE has introduced new value-added tax (VAT) rules for businesses dealing in gold, diamonds, and other precious materials. The Ministry of Finance (MoF) announced the update on Friday, which expands the ‘reverse charge mechanism’ to include traders in these sectors. Under this updated system, suppliers are no longer responsible for charging and collecting VAT...
Dubai is set to host a major gaming competition, NVIDIA RTX AI GameCraft, in collaboration with NVIDIA GeForce Middle East. Organized by the Dubai Future Foundation (DFF), the event will take place on January 23 at Emirates Towers Boulevard. It will bring together game developers, students, and industry experts to create games using NVIDIA’s advanced...
Since its launch in 2019, the UAE Tour has become a standout event in the country’s annual calendar, blending sports and tourism to attract global attention. Organized with significant international participation, the event has grown into one of the UAE’s most prestigious platforms, showcasing the nation’s development and boosting its tourism sector. The cycling tour...
Federal National Council (FNC) members have called for immediate legislative action to accelerate the global shift to clean energy, highlighting the urgent need to address climate challenges. Speaking at the Legislators Forum 2025, organised by the International Renewable Energy Agency (IRENA) in Abu Dhabi, Dr. Ali Rashid Al Nuaimi, FNC Member and Deputy Chair of...
The United Arab Emirates and Mexico are working closely to boost trade and investment, aiming to create stronger partnerships between their business communities. During an official visit to Mexico City, Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, held discussions with top Mexican officials, including Juan Ramon de Lafuente, Minister...
Dubai is cementing its position as a global leader in the digital economy, offering diverse opportunities and advantages for businesses, startups, and innovators. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, highlighted the emirate’s unique strengths during a fireside chat at the 1 Billion Followers Summit, organized by the UAE Government Media Office....
His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Sharjah Communications and Information Technology Authority, welcomed Masoud Mohammed Sharif, CEO of E&Emirates, and his team during a meeting held in Sharjah. Sheikh Sultan praised the company’s efforts in delivering innovative technical solutions that benefit multiple sectors....
The World Future Energy Summit 2025 is set to take place in Abu Dhabi from January 14 to 16 at the Abu Dhabi National Exhibition Centre (ADNEC). As part of Abu Dhabi Sustainability Week, the summit aims to strengthen its role as a global hub for clean energy innovation and international cooperation. This year’s edition...
Almunif Pipes Company is preparing to go public, announcing plans to submit IPO paperwork to Saudi Arabia’s Capital Market Authority (CMA) by the second quarter of 2025. The company’s CEO, Faisal Almunif, shared the update, according to Argaam, an Arabic financial news platform. However, specific details about the size of the IPO have not yet...