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    Adnoc Gas remains a reliable global supplier of clean energy

    Adnoc Gas remains a reliable global supplier of clean energy

    27 Jan 2025

    Adnoc Gas on Monday announced the signing of a $450 million (Dhs1.653 billion) three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets. The agreement reaffirms Adnoc Gas’...

    Federal Tax Authority applies VAT refund of Dhs2.9 billion for 35,000 UAE nationals

    Federal Tax Authority applies VAT refund of Dhs2.9 billion for 35,000 UAE nationals

    26 Jan 2025

    The Federal Tax Authority (FTA) has confirmed that its digital VAT refund systems, including the VAT-refund system for UAE nationals for the construction of new residences and the VAT-refund...

    GCC ranks 6th globally in goods trade volume

    GCC ranks 6th globally in goods trade volume

    25 Jan 2025

    The Gulf Cooperation Council (GCC) Foreign Trade Report for 2023, issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat), highlighted the...

    FTA clarifies penalties for unpaid corporate taxes

    FTA clarifies penalties for unpaid corporate taxes

    25 Jan 2025

    The Federal Tax Authority (FTA) has clarified that taxpayers failing to pay the due corporate tax for each month or part thereof shall be subject to a monthly penalty...

    UAE and WIPO to strengthen the intellectual property ecosystem

    UAE and WIPO to strengthen the intellectual property ecosystem

    25 Jan 2025

    Sheikha Latifa Bint Mohammed Bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority, held a meeting with Daren Tang, Director-General of the World Intellectual Property Organisation...

    IMF forecasts strong growth for UAE, expecting around 4% in 2025

    IMF forecasts strong growth for UAE, expecting around 4% in 2025

    24 Jan 2025

    The International Monetary Fund (IMF) expected UAE’s near-term growth to remain healthy at around 4 per cent in 2025, despite lower-than-expected oil production related to Opec+ agreements. This came...

    Alef Group surpasses Dhs2.4 billion in 2024 sales, with 30% YoY growth

    Alef Group surpasses Dhs2.4 billion in 2024 sales, with 30% YoY growth

    24 Jan 2025

    Alef Group, a leading real estate developer in Sharjah, announced its remarkable accomplishments in 2024. With sales exceeding Dhs2.4 billion, the company experienced a 30 per cent year-on-year (YoY)...

    AD Ports Group, Egypt sign MoU for logistics collaboration in Alexandria

    AD Ports Group, Egypt sign MoU for logistics collaboration in Alexandria

    23 Jan 2025

    AD Ports Group, a leading facilitator of global trade, logistics and industry, announced the signing of a Memorandum of Understanding (MoU) with the Egyptian Ministry of Industry and Transport...

    Ajman Bank posts record annual profits of Dhs440 million, up 213%

    Ajman Bank posts record annual profits of Dhs440 million, up 213%

    23 Jan 2025

    Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council, and Chairman of the Board of Directors of Ajman Bank, presided over the...

    Adnoc achieves industry-leading carbon intensity at Shah oil field

    Adnoc achieves industry-leading carbon intensity at Shah oil field

    23 Jan 2025

    Adnoc announced on Thursday that its onshore Shah Field has achieved an industry-leading carbon intensity of 0.1 kilograms of carbon dioxide equivalent per barrel of oil equivalent (kgCO2e/boe), setting...

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