Business

As of today (Monday), the federal body for identity, citizenship, customs, and ports security formally announced the commencement of the issuance of UAE passports, which have a 10-year validity period for citizens who are 21 years of age or older.

The Sharjah Police recently demonstrated their effective response to cybercrime by swiftly assisting an Emirati woman who had fallen victim to an online scam, resulting in a loss of Dh300,000. Upon receiving the victim's complaint, law...

The General Authority for Statistics (GASTAT) preliminary data shows that Saudi Arabia's trade surplus in April 2024 was SR41.411 billion ($11 billion), the biggest surplus for the year thus far.

The economic relationship between Saudi Arabia and China is experiencing notable growth, with China being the world's second-largest economy and a major player in global consumption and manufacturing.

Saudi Arabia has issued a firm reminder to businesses regarding the submission of their VAT returns by the end of the month to avoid facing substantial fines.

Rents in Dubai have reached unprecedented heights, driven by a surge in demand for ultra-luxury properties.

Tax officials in the United Arab Emirates have sent an urgent message to corporate taxpayers with permits from March and April. There will be fines imposed if these entities do not submit their registration applications by June 30, 2024.

The Ministry of Human Resources and Emiratisation (MoHRE) has announced a new requirement for private sector establishments and companies seeking to obtain new work permits.

A digital government report states that the golden visa permits selected foreign nationals who are already in the UAE or who intend to visit to live, work, invest, and study there permanently. They can take advantage of special perks and can do so...

Today, May 31, is the deadline for corporate tax registration for entities that did not have a license by March 1 this year.

On Wednesday, officials in the Northern Emirates announced a number of initiatives meant to encourage growth, one of which is a reduction in electricity tariffs for some industrial enterprises.

The recent announcement of One Za'abeel's integration into the Dubai World Trade Free Zone marks a pivotal moment for businesses within this iconic landmark. By aligning with the Free Zone framework, companies and organizations operating...

Qatar has launched new licensing regulations for the tourism industry with the aim of enhancing both the quantity and quality of its offerings to visitors. These updated rules will simplify the process for tourism enterprises to provide a range of...

The FTA’s Corporate Tax Guide for Free Zone Persons is a crucial resource for businesses in UAE free zones. It not only outlines the qualifications and requirements for the 0 percent Corporate Tax rate but also provides detailed instructions on...

In compliance with the corporate tax system in free zones, which permits eligible individuals based in free zones to benefit from 0% corporation tax on qualified income.

A UAE-based company, Air Chateau International, is set to launch an inter-emirate private helicopter service, significantly enhancing travel convenience across the country. Passengers will soon be able to travel from Dubai to Ras Al Khaimah in under...

The fact that the price of cryptocurrencies like Bitcoin and Ethereum is going up as a result of planned legislation and regulations

Crypto Investors Rejoice! Ethereum Eyes Huge Gains as SEC Considers Spot ETFs. Our exclusive report breaks down the potential for a game-changing decision by the SEC. Don't miss out on these top Ethereum ETFs!

With a total of 36.5 million passengers, UAE airports had a considerable increase in traffic in the first quarter of 2024. When compared to the corresponding period last year, this represented an astounding 14.7% growth.

In the aftermath of recent natural disasters in the United Arab Emirates (UAE), insurance companies are recalibrating their premiums to reflect heightened risks.

In an effort to streamline customs procedures and enhance the experience of travelers, Saudi Arabia's Zakat, Tax, and Customs Authority (ZATCA) has recently introduced measures to facilitate duty-free markets at various customs points across the...

In recent months, regulatory authorities in both Abu Dhabi and Dubai have intensified efforts to ensure compliance with real estate regulations. This article delves into the enforcement actions taken against non-compliant real estate agents,...

Dubai’s Emirates Group has unveiled its strongest financial performance ever for the fiscal year 2023–24, boasting remarkable profits, revenue, and cash asset levels.

On a Saturday, rescuers and observers in South Africa were moved to tears of joy as they observed the incredible survival of a person who had been buried for an incredible 116 hours under the rubble of a collapsed building.

An announcement was made on Saturday by AD Mobility regarding the partial closure of two important roadways in Abu Dhabi for a month. As Authorities in Al Ain have announced that beginning on Sunday, May 12 at 12am and continuing until Sunday, June...

Discover the intricacies of UAE visa cancellation: Can you stay after leaving your job? Get expert insights, FAQs, and actionable tips in this comprehensive guide.

Due to the fact that the first station of its sort, which is also the first station to export liquefied gas from Canada, is about to begin operations, it is anticipated that the amount of gas that is exported from Canada to the United States would...

Imagining the pride of hearing one's son lead the prayer at the local mosque is a sentiment that resonates deeply with many parents.

Recall that overtime caps at two hours each day and that a three-week maximum of 144 hours may be worked

The surge in demand for comprehensive insurance packages has skyrocketed by up to 100% in the aftermath of the recent heavy rains that inundated various parts of the UAE, particularly Dubai, Sharjah, and Ajman.

Dubai's Crown Prince, Sheikh Hamdan, unveiled the Dubai Universal Blueprint for Artificial Intelligence, marking a significant stride towards digital integration and economic advancement in the emirate. Launched as an annual initiative, the...

Abu Dhabi Airports, which manages five airports in the emirate, experienced a notable surge in passenger traffic during the first quarter of 2024, marking a substantial increase of over 35% compared to the same period in 2023.

Flynas, Saudi Arabia's budget airline, under the leadership of Chief Executive Bander Al Mohanna, has unveiled plans for an initial public offering (IPO) later this year, intending to list its shares on the Tadawul stock exchange.

In February, the Saudi central bank witnessed a decline in its net foreign assets, as per the data released by the central bank on Friday. The decrease amounted to $7.20 billion compared to the previous month's figures.

Saudi Arabia is actively diversifying its economy away from oil dependence by investing significantly in non-oil sectors, a move aimed at spurring growth rates and fostering economic resilience.

Qatar-based Commercial Bank has recently initiated the issuance of $750 million worth of bonds in U.S. dollars, with a maturity date set for 2029, according to documentation provided by one of the arranging banks on Tuesday.

Huspy, a pioneering real estate startup in Dubai, has introduced a groundbreaking range of mortgages in the UAE, boasting interest rates below 4 percent.

Dell communicated its new policies, set to take effect in May, through an internal memo that outlined requirements for hybrid staff.

Real estate transactions in Oman experienced a notable decline of 20.2 percent, amounting to OR207.8 million ($540 million) by January 2024, compared to OR260.5 million ($677 million) recorded during the same period in 2023, as per the latest figures...

Riyadh Air, Saudi Arabia's newest national carrier, celebrated its inaugural year on March 12, 2023, with a series of strategic alliances and agreements designed to enhance its operations.