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The Corporate Tax Law applies to tax periods commencing on or after June 1, 2023
Bybit supported and advised over 20 startups, helping them establish a foothold in Dubai's dynamic crypto landscape in 2023
There are currently 72 33 kV substations in service and 44,472 medium voltage substations across Dubai
The company will become the 12th member of the MSCI UAE index after meeting the necessary criteria
Domestic work disputes to be transferred from the UAE's Court of Appeal to the Court of First Instance
Agreement includes the possibility of supplying petroleum products to the local market
This covers the period since the service was launched and until the end of the first half of 2024
The airline achieved a turnover of $449.22 million, a 19 percent increase year-over-year
OPEC reported that the housing, utilities, and fuels sector rose to 6.7 percent YoY in June, up from 6.6 percent in May
So far, 25 aircraft have been retrofitted, with 17 more to undergo the upgrade by December 2024
This is the fourth listing under their $2 billion trust certificate program
The company's Q2 2024 financial results saw a 12 percent increase in total revenues, reaching $55.94 million
Gold prices will likely see additional support if a softer U.S. inflation report is released, raising hopes for a larger rate cut
Why does Dubai International not use the code DUB instead?
Free zone posted a notable expansion in the technology sector, registering 226 new companies, including 14 gaming and nine AI companies
The decree imposes fines on any employer who employs workers without a proper permit, hires workers or brings them to the country and fails to provide them with a job
ADNOC Gas fulfils over 60 percent of the UAE’s gas demand and is a major player in fueling the development of key industrial sectors
Number of Emiratis working in companies that obtained the program certificate rose 40 percent to 19,000 in H1 2024
Among the top-ranking GCC cities were Kuwait City, Doha and Bahrain in the 3rd, 4th and 5th places, respectively
Progress on inflation could support gold prices to retest a new all-time high once more
This represents a 19 percent growth compared to the same period in 2023
The airline's new Thailand schedule will include 21 flights to Bangkok and 20 to Phuket
ADNIC's total insurance revenues rose 54 percent annually to an all-time high of AED3.3 billion
The group saw increases of $37.3 million in outpatient revenue and $22.3 million in inpatient revenue
