Ignite Energy Access, a prominent provider of Distributed Renewable Energy (DRE) solutions in Africa, has announced plans to establish its global headquarters in Abu Dhabi, following a strategic agreement with the Abu Dhabi Investment Office (ADIO). This collaboration aims to enhance job creation and support Ignite’s mission to connect 100 million people in Africa with...
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Deputy Prime Minister and Minister of Defence of the UAE, announced that the total value of Dubai’s endowment assets has reached AED 11.1 billion. This significant increase reflects the ongoing commitment of Dubai to enhance its endowment sector and...
The Federal Tax Authority in the UAE has announced that the end of March will be the final deadline for registered businesses to update their tax records without incurring administrative penalties. The Authority has urged those who have delayed updating their tax information to take advantage of this grace period to correct their records. This...
The Roads and Transport Authority (RTA) of Dubai has announced a new inspection system aimed at improving the efficiency and safety of the Dubai Metro and Tram services. This integrated digital platform is designed to streamline inspection operations and monitor passenger compliance with regulations, particularly regarding designated spaces for women and children. The new system...
The Emirates Government Services Hub (EGSH) has formed a strategic partnership with IFZA Dubai, which is recognized as one of the UAE’s most dynamic free zone communities. This collaboration aims to provide a comprehensive range of services to the growing network of entrepreneurs and foreign investors associated with IFZA. Through this partnership, EGSH will leverage...
Addepar, a prominent global data and technology platform that supports investment professionals, has announced the opening of its first office in Dubai, located in the Dubai International Financial Centre (DIFC). This office will serve the Middle East and Africa (MEA) region, allowing Addepar to better cater to its expanding clientele, which includes family offices, wealth...
The Awqaf and Minors Affairs Foundation in Dubai has announced a collaboration with Al Jalila Foundation, the charitable arm of Dubai Health Authority, to create a sustainable charity endowment. This initiative aims to support the treatment of patients at Hamdan bin Rashid Cancer Hospital, with a total investment of AED 38.5 million. The project aligns...
The United Arab Emirates has approved a six-year investment plan aimed at enhancing the country’s economic resilience in the face of unpredictable international markets and politicized trade policies. This strategic move is designed to bolster the nation’s ability to navigate global economic challenges while fostering growth and stability. The investment plan will channel resources into...
Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has successfully concluded the third cohort of its National Digital Talent Incubator (NDTI)® program. This initiative reinforces Dubai’s reputation as a global hub for FinTech and is supported by a network of esteemed industry partners, including DIFC Innovation Hub,...
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...