UAE businesses must return to Lebanon

Beirut: UAE businesses should take prime roles in investing in Lebanon’s utility, telecom and energy sectors, according to Lebanese Premier Saad Hariri. “The UAE stood by Lebanon in good and difficult days … and we are here to strengthen our cooperation by creating partnerships between our private sectors,” Hariri said. “We hope the Emiratis invest […]

Gitex Technology Week: Gaming’s Dh1.2b is where action is for internet City

Dubai: Just a few months after announcing a deal with China’s Tencent Games, Dubai Internet City said it is eyeing the gaming industry for future growth. It is now in talks to bring in more gaming giants to the emirate. Tencent Games will set up its Middle East and North African headquarters in Dubai. Ammar […]

Excise tax on e-cigarettes and sugary drinks start on December 1

Abu Dhabi: The Federal Tax Authority (FTA) announced the excise tax on electronic smoking devices and tools and sweetened beverages will be effective as of December 1 2019, in accordance with the Cabinet and Ministry of Finance decisions issued in this respect. The FTA called on importers, producers and stockpilers of electronic smoking devices, liquids […]

Bringing rupee trading home, India takes steps to deepen markets

Mumbai: India plans to allow foreign-exchange settled rupee derivatives trading in specially designated centers as it tries to deepen the local market. The non-deliverable forwards trading will take place in the International Financial Services Centres, the Reserve Bank of India said Friday. GIFT City in Prime Minister Narendra Modi’s home state of Gujarat is currently […]

Your face is your passport: How to make the most of biometrics in the UAE

Dubai: Everyone is absolutely unique. Just like everyone else. Now, software has advanced so much it can even differentiate between identical twins, say, when facial recognition is used as smartphone signature. So, it turns out, with the right technology, even the so-called “identical twins” are not really identical. They may share the same general features, […]

Explained: How can I get a Dubai Virtual Commercial Licence?

Dubai: On Tuesday Dubai announced the launch of the region’s first ‘Virtual Company Licence’. The Virtual Company Licence will enable freelancers and business people worldwide to have access to a regulated e-commerce platform and easily work with Dubai-based companies while also exploring new markets and investment opportunities digitally. Gulf News explains why, what, how and […]

Revealed: World’s 25 best places to work

Dubai: A new study published on Monday has ranked the best 25 companies to work in, with several of them based in the UAE and Saudi Arabia. The best global companies were ranked in term of employee’s happiness and pride in the organisation, according to the Great Place to Work (GPTW) institute. The global research […]

Gitex Technology Week: Iran-backed cyber attacks put security in focus

Dubai: There is a sharp rise in state-sponsored cybersecurity attacks, mostly from Iran, which mirror the rise in tensions across the Gulf. “We have been seeing attempted disruptive attacks … but nothing major that succeeded,” said Alister Shepherd, Middle East director of Mandiant Consulting, an arm of American cyber security company FireEye. The reason the […]