Business - GulfToday

Sheikh Hamdan reviews DET’s strategy to achieve goals of Dubai Economic Agenda D33

Sheikh Hamdan emphasised the importance of promoting closer cooperation between the government and private sectors to strengthen efforts to achieve the objectives of the Dubai Economic Agenda D33...

2 hours ago

Canadian brand AXL plans to set up electric vehicles plant in UAE

Ali Eslami said during the launch of prototype SHARX-5, the company's new electric mid-size SUV, in Dubai that the new facility will create new jobs. The facility will also manufacture around 50,000 vehicles in the UAE every year..."

4 hours ago

CBUAE, bank CEOs discuss financial sector support for COP28 in UAE

Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), held a meeting with CEOs of UAE banks to discuss priorities and future initiatives for the banking sector,

5 hours ago

Air Arabia plans to double its current fleet capacity within next 12 months

Air Arabia has revealed its plans to double its current fleet capacity within the next 12 months, in a step that aims to support Abu Dhabi’s leisure and business tourism market and its growing aviation needs.

6 hours ago

DMCC partners with crypto-giant Bybit

Dubai Multi Commodities Centre (DMCC) has announced its partnership with the global crypto giant Bybit, in which the exchange will provide financial support totalling Dhs500,000

8 hours ago

Dubai South Properties awards Dhs1b contract to Ginco

Dubai South Properties announced the appointment of Ginco General Contracting for a significant contract valued at Dhs1 billion for the development of the initial phases

8 hours ago

Alpha MBM invests in Astra Enterprise

Alpha MBM Investments, the esteemed private investment company of Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, proudly announces its strategic investment in Astra Enterprise.

9 hours ago

Saudi Arabia’s non-oil economic activity increases steeply in May

Saudi Arabia’s non-oil private sector continued to see a strong improvement in operating conditions in May, as rising market demand led to another steep increase

9 hours ago

Turkish lira slips, stocks gain

Turkey’s lira extended recent losses, weakening more than 1 per cent against the dollar on Monday, while stocks and dollar-denominated bonds rallied after the appointment

9 hours ago

15 factors that encourage real estate investment in Dubai

Real estate expert Walid Al Zarouni, Chairman of the Board of Directors of the “W Capital” real estate brokerage company, said that Dubai has become a global city, a preferred destination for living, working, entrepreneurship and tourism, and a destination for many from all over the world, for the purpose of investment and residence, in light of the urban shift that it witnessed in the last two decades.

05 Jun 2023

Sharjah Chamber boosts investment opportunities and trade ties with India

The Sharjah Chamber of Commerce and Industry (SCCI) has successfully concluded its trade mission to India after five days of fruitful meetings and discussions with Indian business

04 Jun 2023

Corporate tax signifies a huge step in UAE’s economic transformation

The introduction of corporate tax in the UAE signifies a significant step in the country’s economic transformation. Effective from June 1, 2023, businesses

04 Jun 2023

Most Popular Stories

Local

Sheikh Hamdan reviews DET’s strategy to achieve goals of Dubai Economic Agenda D33

Sheikh Hamdan emphasised the importance of promoting closer cooperation between the government and private sectors to strengthen efforts to achieve th...

2 hours ago

Canadian brand AXL plans to set up electric vehicles plant in UAE

Ali Eslami said during the launch of prototype SHARX-5, the company's new electric mid-size SUV, in Dubai that the new facility will create new jobs. ...

4 hours ago

Properties of non-residents in UAE are subject to tax

The UAE Ministry of Finance on Monday announced the issuance of Cabinet Decision No. 56 of 2023 on a Non-resident person’s Nexus in the UAE for the pu...

5 hours ago

CBUAE, bank CEOs discuss financial sector support for COP28 in UAE

Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), held a meeting with CEOs of UAE banks to discuss priorities and future initiat...

5 hours ago

Air Arabia plans to double its current fleet capacity within next 12 months

Air Arabia has revealed its plans to double its current fleet capacity within the next 12 months, in a step that aims to support Abu Dhabi’s leisure a...

6 hours ago

Dubai Chamber members’ exports, re-exports reach Dhs71.7b in Q1

Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has announced several achievements in the first quarter of 2023,

8 hours ago

Phase 1 of Danah Bay in Ras Al Khaimah fully sold out

Dubai Investments has announced that the Phase 1 of its flagship freehold project - Danah Bay - located at the heart of the Al Marjan Island in Ras Al...

8 hours ago

DMCC partners with crypto-giant Bybit

Dubai Multi Commodities Centre (DMCC) has announced its partnership with the global crypto giant Bybit, in which the exchange will provide financial s...

8 hours ago

World

Saudi Arabia’s non-oil economic activity increases steeply in May

Saudi Arabia’s non-oil private sector continued to see a strong improvement in operating conditions in May, as rising market demand led to another ste...

9 hours ago

36 implicated in PwC tax evasion scandal in Australia

The case was criminally transferred last week, and there are reports that a confidential list of 36 people allegedly linked to the scandal could be ta...

04 Jun 2023

Turkish economy to return to ‘rational ground’, says new FM

Turkey’s newly appointed Finance Minister Mehmet Simsek said on Sunday that the country has no choice but to return to “rational ground” to ensure pre...

04 Jun 2023

Travel demand continues strong in April, domestic traffic fully recovered: IATA

International traffic climbed 48.0% versus April 2022 with all markets recording healthy growth, with carriers in the Asia-Pacific region continuing t...

03 Jun 2023

Solar and wind lead rapid expansion of new global energy economy: IEA

Global additions of renewable power capacity are expected to jump by a third this year as growing policy momentum, higher fossil fuel prices and energ...

03 Jun 2023

US central bankers should stop raising rates, says Patrick Harker

US central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve (Fed) President Patrick Harker said on Thursday...

03 Jun 2023

Goldman Sachs to cut more jobs

Goldman Sachs Group Inc plans to cut more jobs as a difficult economic environment weighs on dealmaking and trading revenue may slump 25 per cent this...

03 Jun 2023

New WB chief urges action on development, climate efforts

The World Bank’s new president Ajay Banga on Friday asked the lender’s 16,000 staff to “double down” on development and climate efforts as he seeks to...

02 Jun 2023