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Foundation laid for first industrial plant to manufacture EVs in Dubai

28 Mar 2022

M Glory Group laid the foundation stone for the United Arab Emirate’s first industrial facility to manufacture electric vehicles (EV) at Dubai Industrial City, one of the largest industrial hubs...

Dubai attracts 57% of scaleup funding in Mena region: Report

28 Mar 2022

Dubai accounts for 57 per cent of scaleup funding in the Middle East and North Africa (Mena), while the emirate is home to 39 per cent of the region’s...

UAE and Kuwait sign agreement to establish virtual trade corridor

27 Mar 2022

AD Ports Group on Sunday announced the signing of a Memorandum of Understand (MoU) with the Kuwait General Administration of Customs to establish a new virtual trade corridor between the...

Maritime sectors in UAE and France to enhance cooperation

25 Mar 2022

As part of its efforts to enhance cooperation between the local and the international maritime sectors, the UAE Ministry of Energy and Infrastructure hosted the “French Maritime Days” event, in...

International Property Show opens with over 1,600 investors

24 Mar 2022

The 2022 edition of the International Property Show, the ultimate sales platform for local and international real estate markets, successfully opened on Thursday at the Dubai International Convention and Exhibition...

Brazil offers investment potential for UAE businesses, says President

23 Mar 2022

tThere is vast investment potential for UAE businesses in Brazil as the country pushes ahead with new strategic policies and projects, Jair Bolsonaro, President of Brazil said as he addressed...

EO UAE Chapter discusses post-COVID opportunities for UAE entrepreneurs

23 Mar 2022

Sajjad Ahmad, Deputy Business Editor DUBAI: The Entrepreneurs Organization (EO) UAE Chapter recently discussed the potential growth opportunities in the post-COVID era and highlighted new ways to reinvent businesses. During...

UAE hosts global conference on export, investment innovation for first time

10 Feb 2022

The UAE’s federal export credit company, Etihad Credit Insurance (ECI), hosted for the first time the Prague Club Committee (PCC) Biennial Meeting of the Berne Union, an international organisation...

UAE to introduce new tax on business profits, effective from next year

31 Jan 2022

The Ministry of Finance has announced that the UAE will introduce a federal corporate tax on business profits that will be effective for financial years starting on or after...

UAE President issues new family business ownership governance law

25 Jan 2022

In his capacity as Ruler of Abu Dhabi, President His Highness Sheikh Khalifa Bin Zayed Al Nahyan has issued a new family business ownership governance law that further strengthens...

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