Dubai, UAE: The Arabian Travel Market, which will take place from Apr 28 to May 1 at the Dubai World...
The bank's profit crossed AED 1bn mark for the first time.
Tehran, Iran-- Continuing with their program to deepen the relationship between the two countries, Iran and Russia have signed a...The Iranian minister said that a new roadmap for expanding cooperation between the two countries will be achieved with the signing of the agreement
The head of the Russian delegation said that his country's goal was to develop the transit capacity and to boost cooperation in order to increase trade
The move aims to foster compliance and business activity, with special exemptions for Free Zone transactions and small enterprises.Individuals can now be classified as a business if their income stream surpasses a specified amount, or if their held assets exceed a certain value
UAE employees drawing income from a singular source or salary payment need not be concerned, as salaries will continue to remain exempt from income tax
- The move aims to foster compliance and business activity, with special exemptions for Free Zone transactions and small enterprises.
Individuals can now be classified as a business if their income stream surpasses a specified amount, or if their held assets exceed a certain value
UAE employees drawing income from a singular source or salary payment need not be concerned, as salaries will continue to remain exempt from income tax
Amman, Jordan--The International Monetary Fund (IMF) has applauded Jordan for its tight monetary and financial policies that have ensured macroeconomic...The IMF said that the kingdom's program supported by the fund is "still on the right track" with targets bolstered by strong performance on structural benchmarks
It observed that the economic recovery from the COVID-19 pandemic is ongoing in Jordan, expecting GDP growth to reach about 2.6 per cent in 2023
- As growth at Netflix cooled last year, the Silicon Valley-based streaming company focused on creating a lower priced subscription tier...
The streaming television star touted its shows, viewer demographics, and more at a virtual "Upfront" presentation to advertisers
More than 70 percent of those subscribing to the ad-supported plan at Netflix range in age from 18 to 49, according to the company
Riyadh, Saudi Arabia - A new Film Investment Fund was established in Saudi Arabia on Wednesday with a $100m capital...The fund is the first capital injection initiative under the Investment Track of Saudi Cultural Development Fund's recently launched Film Sector Financing Program
It will support film projects, companies, and media infrastructure, while also creating job opportunities and supporting the growth of talent both domestically and internationally
In addition to battery electric vehicles, BMW is exploring hydrogen fuel cell technology to harness the potential of clean hydrogen...To transition towards sustainable mobility, the main challenge lies in developing the required infrastructure, Dr Hamid Haqparwar, MD of BMW Group Middle East, tells TRENDS
BMW is exploring hydrogen fuel cell electric vehicles to complement battery electric vehicles and address the potential of clean hydrogen production in the region, he adds
- Sanjay Shah was arrested in the United Arab Emirates' financial hub in June upon request by Danish authorities who accuse...
The total sum to be paid by Shah should be close to the losses incurred by the Danish tax authority as a result of the scam, estimated at 1.7 billion euro.
Shah was arrested by Emirati authorities under an extradition treaty signed with Denmark in March 2022.
Riyadh, Saudi Arabia -- Saudi Arabia's National Center for Privatization (NCP) has signed a cooperation agreement with the Industrial and...The Industrial and Commercial Bank of China (ICBC) is the world's largest bank with total assets of approximately $5 trillion.
NCP CEO believes the pact will have a positive impact in attracting the bank's extensive client base looking to explore public-private partnership opportunities in the kingdom.
Dubai, UAE - The Dubai Civil Aviation Authority (DCAA) signed two deals with Dubai Aviation City Corporation (DACC) and Dubai...These agreements aim to foster enhanced cooperation and integrated link using ‘Web Service’ technology.
The deal outlined establishing an integrated system for paperless governmental operations in Dubai.
