SCCI, Oman Chamber seek to enhance investment ties
The Sharjah Chamber of Commerce and Industry and the Oman Chamber of Commerce and Industry branch in North Al Batinah Governorate, discussed ways of enhancing cooperation in the investment field […]
UAE-Kuwait in deal to eliminate double taxation
The UAE and Kuwait have signed an agreement that will eliminate double taxation on income and capital taxes, and that will help prevent tax evasion, a report said. Underscoring the […]
World Governments Summit Day 1: Nvidia’s Jensen Huang in Dubai
The first day of the World Governments Summit (WGS)2024 kicks off today in Dubai under the theme ‘Shaping Future Governments’. The three-day event will be attended by over 25 heads of state […]
Dubai PMI slows in January: Emirates NBD Research
The S&P Global PMI (Purchasing Managers’ Index) survey for Dubai slipped to 56.6 in January, exactly level with the UAE survey released earlier in the week. For Dubai, this marked […]
RAK Ceramics FY 2023 net profit up 3.7pc to $87.4m
RAK Ceramics, one of the largest ceramics lifestyle solutions providers in the world, has seen its 2023 net profit rise 3.7% to AED320.9 million, but its revenue declined 1.7% to […]
Dubai Chamber to back global expansion of UAE entrepreneurs
Dubai International Chamber has held a meeting with UAE entrepreneurs to showcase the chamber’s numerous bespoke programmes aimed at supporting the global expansion of UAE businesses. The meeting, which was […]
DMCC sees 10pc surge in US companies in 2023
DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – successfully concluded its most recent Made for Trade Live tour of the […]
OECD’s free zone tax review ‘to boost UAE’s competitiveness’
The UAE Ministry of Finance has announced that the latest review by the Organisation for Economic Co-operation and Development (OECD) on preferential tax regimes has officially recognised the country’s Free […]
Aramex Q4 2023 net profit doubles to $21m
Aramex, a leading global provider of logistics and transportation solutions has seen its fourth-quarter (Q4) 2023 net profit more than doubled to AED77 million ($21 million) compared to Q4 2022, […]
UAE’s first integrated battery recycling plant unveiled
Dubatt Battery Recycling’s fully integrated battery recycling plant – the first of its kind in the UAE – has been inaugurated at Dubai Industrial City. Dubatt signed a musataha agreement […]
