We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.
The cookies that are categorised as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ...
Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.
Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.
Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Advertisement cookies are used to provide visitors with customised advertisements based on the pages you visited previously and to analyse the effectiveness of the ad campaigns.
The United Arab Emirates’ renewable energy company Masdar has announced the complete acquisition of Greece’s Terna Energy, marking a significant move in its strategy for international expansion. This follows Masdar’s purchase of a majority stake in Terna last year, as the company aims to grow in European markets amid challenges such as high interest rates...
Absa Group Ltd., South Africa’s third-largest bank by assets, is set to open a representative office in Dubai next year. This move aims to capitalize on the increasing trade and investment between the Middle East and Africa. Yasmin Masithela, the chief executive officer of Absa Group Ltd.’s corporate and investment banking unit, announced, “We’re setting...
Emirates airline has announced the launch of a new delivery service aimed at “very important parcels,” initially available to VIP customers in seven markets. The airline teased the service with an image showing an Emirates A350 aircraft landing in a residential area, where a flight attendant would deliver parcels directly to customers’ doorsteps. Given the...
Abu Dhabi’s Mubadala Investment Company has recently made a significant investment in the US alternative real estate commercial lender 3650. This funding round also included a repeat investment from the California State Teachers’ Retirement System (CalSTRS), totaling $215 million in new investments. While the exact financial details of Mubadala’s investment have not been disclosed, the...
Liwa College has officially launched its Master’s in Business Administration (MBA) programme, marking a significant milestone as the institution’s first-ever master’s degree offering. This initiative reflects the college’s commitment to academic excellence and innovation in business education. Enrollment for the programme will open soon, with the first group of students expected to start their studies...
Sheikh Tahnoun bin Zayed, the Deputy Ruler of Abu Dhabi and National Security Adviser, met with officials from the Trump administration and various business leaders on Monday. The discussions focused on enhancing economic partnerships, energy investments, and advancements in artificial intelligence. During the meeting, Sheikh Tahnoun emphasized the importance of deepening collaboration between the UAE...
The Federal Tax Authority has introduced a new request through the “Emirates Tax” digital platform. This initiative allows eligible family businesses to apply for treatment as joint alliances, contingent upon meeting the specific requirements outlined in Federal Decree-Law No. 47 of 2022 regarding corporate tax, as well as Ministerial Decision No. 261 of 2024 concerning...
The Ministry of Human Resources and Emiratisation (MoHRE) in the UAE has announced the launch of 18 services aimed at supporting business owners and domestic workers. These services are designed to facilitate various operational needs for establishments and their employees. Business owners can access a range of reports through these services. Key offerings include the...
A new alliance formed by 41 Egyptian private companies is set to enhance exports to Arab countries, aiming to support economic growth in the region. The establishment of the Arab Alliance for Industrial Investment is anticipated to be finalized next week, according to Mohamed El-Bahi, a board member of the Federation of Egyptian Industries. This...
In a groundbreaking move for the delivery services sector, Virgin Mobile UAE has announced the launch of electric motorcycles specifically for its delivery riders. This initiative, developed in partnership with Axiom Telecom, aims to provide an eco-friendly alternative that reduces emissions and aligns with Dubai’s sustainable development goals, as part of the UAE’s Green Agenda...