SHARJAH, UAE -   The Sharjah Chamber of Commerce and Industry (SCCI) has discussed strengthening trade and economic ties with diplomatic delegations from Guatemala and Indonesia.The discussions focused on amplifying bilateral relations in industry, agriculture, food security, livestock and broadening trade exchanges and organizing events to promote local products and markets.Welcoming...

The decision came a day after ADNOC raised the size of the offering.

The latest decisions aim to enhance UAE's Corporate Tax regime's flexibility and support all business sectors, minimizing the compliance burden, says the Ministry of Finance.

Tehran, Iran-- Less than a year after signing a preferential trade agreement (PTA) with the UAE, Indonesia will sign a similar treaty with Iran during the ongoing visit of the Islamic Republic's President Ebrahim Raisi to the country.The deal is intended to improve trade relations and boost the trade transaction...

Abu Dhabi, UAE-- In order to advance the United Nations Social Development Goals, the UAE institutional investors should concentrate on transition investment, taking advantage of their access to emerging markets.This is the conclusion of a NYU Abu Dhabi (NYUAD) report. The annual report "Transition Investment Lab (TIL)" was launched during...

Kuala Lumpur, Malaysia-- The UAE and Malaysia are looking to bolster cooperation in the field of energy, in addition to strengthening ties between the two countries.The subject of cooperation in clean energy came up in a meeting between Suhail bin Mohammed Faraj Faris Al Mazrouei, the UAE's Minister of Energy...

Dubai, UAE-- The UAE has signed a memorandum of understanding (MoU) with Microsoft and PricewaterhouseCoopers (PwC) to set up the "UAE Centre for Government Digital Excellence."The centre will look to support the government’s digital transformation, enabling government authorities to benefit from the best global practices and modern technologies to improve...

SHARJAH, UAE - Sharjah Economic Development Department (SEDD) organized multiple workshops for legal purposes and a number of investors and owners of economic establishments operating in the emirate attended the events.The workshops were on “Real Beneficiary Procedures and their Administrative Penalties” as well as “Anti-Money Laundering Procedures, Required Documents and...

Cairo, Egypt - The UAE International Investors Council (UAEIIC) and Egyptian-Emirati Business Council (EEBC) will work together to enhance the existing investment partnerships, local media reports said.The two signed an MoU regarding the same, which also includes creating more investment opportunities in the new economy, green projects, recycling, clean projects,...

Abu Dhabi, UAE - AD Gaming has expanded its gaming ecosystem by welcoming MY.GAMES to Abu Dhabi, marking the latest multinational gaming business to select the emirate as its regional hub.Headquartered in Amsterdam, MY.GAMES is a leading publisher and developer of mobile, PC, and console games, with over one billion...

ABU DHABI, UAE -   The Abu Dhabi Judicial Department (ADJD) discussed legal and judicial issues with a delegation from Norway.The Norwegian delegation was given a tour of the main building of ADJD, introduced to all divisions and courts and to the different sections and chambers of the courts.This move is...

Dubai, UAE -- Brazilian exports to Arab countries during the first four months of this year have increased by 10.33 percent, reaching $5.69 billion, compared to $5.162 billion during the same period last year, the Arab Brazilian Chamber of Commerce (ABCC) said.The top destination for Brazilian exports during this period...

Abu Dhabi, UAE - Abu Dhabi National Energy Company (TAQA) has announced a collaboration with the Government of Uzbekistan to explore strategic opportunities for investment in Uzbekistan’s power sector.These opportunities include new and existing power plants as well as associated power infrastructure which collectively could be worth more than$3 billion.A...

Alqasmi, who has published four novels and 10 poetry collections, is the first Omani winner of the prize, now in its 16th year. He was announced this year's winner at a ceremony in the United Arab Emirates' capital of Abu Dhabi.

Abu Dhabi, UAE-- Mubadala will continue to advance the UAE's knowledge-based economy in a way that contributes to solutions for critical global challenges in sectors such as health innovation, the climate emergency and future energy sources.This was stated by Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister...

DUBAI, UAE - Dubai Customs (DC) successfully seized, over the past three years, nearly 330 tons and over 200 samples of animal and plant species that violate the international Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), which the UAE joined in 1990.DC revealed this...

SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) announced it will be sending a trade mission to India from May 29 to June 2, 2023.Led by the SCCI's Sharjah Exports Development Center, the initiative aims to bolster economic and trade cooperation, foster mutual investment, and establish promising...

DUBAI, UAE -  As part of the Year of Sustainability initiative, UAE Ministry of Climate Change and Environment (MOCCAE) has updated the classification of 64 air quality monitoring stations.This reclassification is consistent with the ministry's 2022 directive that set forth the requirements for classifying these stations, reinforcing the country's commitment...

DUBAI, UAE -  Art Dubai, the leading international art fair for the Middle East and Global South, on Sunday announced that the five-day event, held on March 1-5 2023, has provided a direct economic impact of US$39 million (AED143 million) to the city.New figures revealed in the Economic Impact Study...

DUBAI, UAE - The Athletes Council at Dubai Police and the UAE Hockey Federation signed an agreement (MoU) to enhance joint sports cooperation in hockey.The MoU was signed by Dr. Maryam Al Matroushi, Chairman of the Athletes Council, and Abdullah Sultan Al Dah, President of the Hockey Federation.The MoU demonstrates...

ABU DHABI, UAE -  The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has launched an ambitious program to develop and sustain beekeeping and honey production in the Emirate.The program is based on scientific, applied studies and research to develop the best methods and practices suitable for the UAE environment.In...

DUBAI, UAE -   The Ministry of Community Development and Etihad Water & Electricity have announced the implementation mechanism of the new support program for low-income farm owners in the UAE.The farm owners have to be registered with Etihad Water & Electricity.This support aims to reduce the financial burden related to...

ABU DHABI, UAE -  A senior UAE official of the Ministry of Energy and Infrastructure (MoEI) visited Germany and the Netherlands to reinforce existing partnerships and discuss common goals, energy transition, technology deployment and potential projects.Sharif Al Olama, Under-Secretary for Energy and Petroleum Affairs MoEI visited Germany and the Netherlands....

The Ministry of Finance calls on public to rely only on official publications for information on the tax law, while Dubai launches an integrated training programme for tax awareness.

Abu Dhabi, UAE-- Seeking to deepen the UAE's economic and trade relationship with China, First Abu Dhabi Bank hosted more than 60 Chinese entrepreneurs, executives, and government officials on Friday.The bank showcased the UAE's potential as an investment gateway for Chinese companies by hosting a China-Arab Entrepreneurs' Summit in Abu...

Dubai, UAE-- The UAE is keen to strengthen economic ties with the Central Asian states, which offer many investment opportunities.This was stated by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, who is leading a UAE delegation of government officials to Kazan, the capital of the...

AJMAN, UAE -   Chairman of the Ajman Chamber of Commerce and Industry (ACCI) Abdullah Al Muwaiji discussed trade and investment opportunities with Ambassador of the Kingdom of Belgium to the UAE Antoine Delcourt and his delegation.The meeting, held at the Ajman Chamber's headquarters, was attended by Mohamed Ali Al Janahi,...

The goal is to create a prosperous digital economy, built upon a robust digital infrastructure and a regulatory and legislative framework, says UAE Minister of State for AI.

SAMARKAND, UZBEKISTAN -  The UAE, represented by the Ministry of Finance (MoF), participated in the 2023 Annual Meeting of the Board of Governors of the European Bank for Reconstruction and Development (EBRD) here on May 16-18.The meeting discussed global economic challenges and prospects for economic growth.The UAE delegation included Younis...

Dubai, UAE -- Dubai real estate market recorded deals worth more than AED 1.7 billion (on Thursday, Dubai Land Department data shows.The deals include 451 sales transactions worth AED1.48 billion, in addition to 110 mortgage deals of AED245.8 million, and 13 gift deals amounting to AED46.2 million.The sales included 427...

DUBAI, UAE- IFZA Dubai signed an agreement with Zoho to provide the members of the IFZA Free Zone community with leading-edge digital tools that will help increase efficiency and ensure compliance.It is a part of IFZA’s commitment to support its Free Zone community in their compliance to the upcoming implementation...

ABU DHABI, UAE -  Abu Dhabi Future Energy Company (Masdar) has announced that it has nearly doubled its clean energy capacity and CO2 displacement in just two years.Masdar said that it is on track to fulfill its ambition of becoming one of the world’s largest renewable energy companies by 2030.According...

DUBAI, UAE - Conflict-plagued countries in the Middle East are among the most vulnerable to climate change but are almost entirely excluded from meaningful financing to mitigate its effects, aid groups warned on Thursday.In a joint report focusing on Iraq, Syria and Yemen, the International Committee of the Red Cross (ICRC)...

Abu Dhabi, UAE -- The UAE has said that the second Make it in the Emirates Forum is an open invitation to investors from around the world to launch their businesses in the UAE.“The second Make it in the Emirates Forum will showcase unique opportunities, incentives, and enablers for entrepreneurship...

The 10-year sukuk was priced with a 4.875% coupon rate.

The Monaco prince commends the Saudi Green Initiative, Middle East Green Initiative and the upcoming COP in Dubai as "remarkable projects and initiatives of the region".

The move aims to foster compliance and business activity, with special exemptions for Free Zone transactions and small enterprises.

The move aims to foster compliance and business activity, with special exemptions for Free Zone transactions and small enterprises.

Dubai, UAE: PROVEN Robotics, a robotic solutions provider, announced the successful integration of natural language artificial intelligence (AI) technology, ChatGPT, into its humanoid robot, Pepper. The integration of ChatGPT in Pepper offers several significant benefits including improving Pepper’s natural language understanding, enabling the robot to understand a wide range of human...

The three-day conference in Abu Dhabi has brought together officials from around the world to discuss the menace of money laundering and terrorism financing and how to combat it. An official from the UAE's ministry of justice affirmed the need for global partnerships and more direct contact between relevant authorities...

Dubai, UAE-- The UAE has witnessed a 20 percent drop in nitrogen oxide emissions from power generation activities, according to a study undertaken by the Ministry of Climate Change and Environment (MOCCAE), in collaboration with entities involved in power generation.The study focused on measuring the intensity of nitrogen oxide emissions...

Sanjay Shah was arrested in the United Arab Emirates' financial hub in June upon request by Danish authorities who accuse him of helping companies fraudulently claim tax refunds. Shah was accused of running the scheme for three years starting in 2012, in which foreign firms pretended to own shares in...

The Emirates' non-oil sector is projected to grow by 4.8 percent, driven by robust domestic demand, particularly in tourism, real estate, construction, transportation, and manufacturing sectors, the bank's officials said.

Abu Dhabi, UAE -- The UAE has received a terrorist named Khalaf Abd Al Rahman Humaid Al Rumaithi from the Jordanian authorities. The UAE's Federal Supreme Court in 2013 sentenced him in absentia to 15 years in prison on charges of establishing a secret organization affiliated with the terrorist Muslim Brotherhood...

Manama, Bahrain - Beyon has announced a major investment of more than $250 million in state-of-the-art digital infrastructure in Bahrain which will support the growth of the country’s digital economy. Batelco, part of the Beyon group, has joined the SEA-ME-WE 6 (Southeast Asia - Middle East - Western Europe) consortium, which...

Sharjah, UAE-- Sharjah Chamber of Commerce and Industry (SCCI) has reviewed the UAE efforts to achieve and maintain the food security in the country.In this connection, the newly restructured Foodstuff Trade and Industry Sector Business Group, operating under the umbrella of the Sharjah Chamber of Commerce and Industry (SCCI), organised...

The GCC is the third largest source of foreign investment in Turkey, with 1,973 Gulf companies currently operating in the country.

DUBAI, UAE -  UAE Ministry of Climate Change and the Environment (MOCCAE) on Tuesday organized the second National Dialogue for Food Security.This comes in line with the ministry's keenness to implement its strategies to enhance national food security in the UAE, understand the key challenges facing the country's poultry industry,...

ABU DHABI, UAE -  The Central Bank of the UAE (CBUAE) imposed administrative sanctions on eight banks operating in the UAE.The administrative sanctions take into account the banks' failures to comply with the CBUAE's instructions not to grant any loans or credit facilities to the beneficiaries of loans granted by...

Alcoa is now EGA's largest third-party supplier of alumina.