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...
Dubai-based GEMS Education has announced plans to invest approximately $300 million over the next two to three years to foster organic growth. CEO Dino Varkey shared this information, highlighting the company’s strategy to capitalize on increasing population numbers and an influx of affluent individuals to the region. Dubai is recognized as one of the fastest-growing...
Dubai Customs has launched the “Basma (Imprint)” Award to promote innovation and raise awareness about intellectual property rights in alignment with the UAE’s “Year of Community” initiative. The award features two categories, one aimed at the general public and another for students in schools and universities. It encourages young participants to learn about the risks...
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has approved the Board of Directors for Dubai Chambers, which serves as the umbrella organization for the Dubai Chamber of Commerce, the Dubai International Chamber, and the Dubai Chamber of Digital Economy. This approval was announced on February 6,...
American Hospital Dubai has entered a long-term Value Partnership Agreement with Siemens Healthineers, a global leader in medical technology. This partnership aims to boost patient care outcomes through improved operational efficiencies and the introduction of advanced medical imaging technology. The agreement spans ten years and emphasizes a four-point plan to enhance workflow efficiency and patient...
Abu Dhabi Commercial Bank (ADCB) has unveiled an ambitious growth strategy that aims to double its net profit to Dh20 billion within the next five years. The bank targets an annual growth rate of approximately 20 percent during this period. Additionally, ADCB plans to increase its year-on-year paid-out dividends to around Dh25 billion, reflecting a...