Dubai: As the UAE examines options to implement the excise tax on a broader range of products, analysts say the retail market may not be ready for yet another round of taxation. The country’s Ministry of Finance confirmed on Sunday that they are conducting a joint study with Saudi Arabia to discuss with the Kingdom’s […]

Sharjah: Recent stimulus packages have significantly contributed to growing the non-oil private sector across the country, according to the chief of the UAE Federation of UAE Chambers of Commerce and Industry (FCCI). Addressing a joint meeting of the FCCI General Secretariat and Directors of the Chambers of Commerce, Humaid Mohammad Bin Salim, FCCI Secretary-General, expected […]

Dubai: Agthia, the UAE-based maker of Al Ain bottled water, is rewarding its shareholders with a 15 per cent cash dividend, following a productive year that saw net profits rise to Dh211 million. Shareholders of the Abu Dhabi-listed company approved during their latest general meeting a Dh90 million payout. The food and beverage company posted […]

ABU DHABI. The Abu Dhabi Global Market, ADGM, and the Hainan Provincial Government have announced the signing of a Memorandum of Understanding to further boost the economic and financial collaboration between China and the UAE via Hainan Free Trade Zone and ADGM’s international financial centre and financial free zone. The signing took place on the […]

UAE hosts over 200 nationalities.

Dubai: The Arab Monetary Fund (AMF) called on Sunday for further economic reforms in the Arab world, including cutting energy subsidies and boosting tax revenues. Abdul Rahman Al Hamidy, director general of the Arab Monetary Fund, stressed the importance of economic diversification, saying it was among the most important reforms being implemented by Arab governments. […]

Dubai. Ducab, otherwise known as Dubai Cables, has announced that its group sales rose to Dh4.8 billion, an increase of approximately seven per cent year-on-year. Its wires, cables and metals businesses all saw positive year-on-year sales growth in 2018. The newly established Ducab Aluminium Company (DAC) performed well during its first full year of operations, […]

Dubai: In 2015, Apple started selling their glossy mobile phones and laptops in Dubai, after many years of conspicuous absence. Two years later, Tesla opened its first showroom in Dubai. Two of the world’s most visible brands had finally set up retail operations in the emirate, closing a chapter in Dubai’s ongoing quest to fill […]

Brand View: Eltizam Asset Management Group deliver tailored community management solutions to suit their clients’ needs

UAE Cabinet said government entities should now look at ways to encourage family members to work