News

The UAE Ministry of Finance today has announced the issuance of Cabinet Decision No. 56 of 2023 on a Non-resident Person's Nexus in the UAE for the purposes of Federal Decree-Law No 47 of 2022 on the Taxation of Corporations and Businesses ("The Corporate

Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has announced details of several notable achievements during the first quarter of 2023 as part of its ongoing drive to support Dubai’s development and economic aspiration

Dubai Culture and Arts Authority (Dubai Culture) is organising the inaugural Art Souk at Al Jalila Cultural Centre for Children (AJCCC) on 17 and 18 June with the aim of providing an innovative platform that combines various types of arts and demonstrates

dnata, a leading global air and travel services provider, continues its efforts to meet its pledge of reducing its carbon footprint and waste to landfill by 20% by 2024 as part of its two-year green operations strategy. The company’s recent key initiative

Dubai Islamic Bank (DIB) and Dubai International Financial Centre, (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, has partnered for the 7th edition of AccelerateHER.The Accelerator programme was laun

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a written message from President Nikos Christodoulides of the Republic of Cyprus regarding the bilateral relations between the two countries.The message was delivered to H.H. Sheikh Ab

Dubai South Properties announced the appointment of Ginco General Contracting for a significant contract valued at AED 1 billion for the development of the initial phases of South Bay, the master development located in the heart of The Residential Distric

A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange’s purportedly independent U.S. affiliate, including an account that held American customers’ funds, bank records show.U.S. lender Silver

Phew...

Karnataka’s Animal Husbandry and Veterinary Sciences minister, K Venkatesh, on Saturday asked if buffaloes can be slaughtered, then what is wrong with slaughtering cows. The Minister was referring to the difficulties farmers face maintaining aged cattle a...

A new survey by Bayt.com, the Middle East's #1 job site, reveals a significant shift towards online recruitment solutions and virtual technologies in the Middle East and North Africa job market. According to the Recruitment Practices in the MENA Poll 2023

Veteran Bollywood actor Sulochana Latkar passed away today at the age of 94.Latkar died at a hospital in Mumbai, her grandson confirmed.The actor had featured in over 250 films across the Hindi and Marathi film industry.She played the character of a mothe

Chinese quant hedge fund managers are rushing to explore ChatGPT-style tools, embracing the emerging AI technology that has sparked a global frenzy since the release of the widely popular Microsoft-backed OpenAI chatbot.Quants' focus on advanced artificia

Emirates Development Bank ("EDB" or "the Bank"), the financial engine for UAE economic development and industrial advancement, is a proud Gold Sponsor of Bonds, Loans and Sukuk Middle East, the region’s largest finance and investment conference set to be

National Bonds Company, a Sharia-compliant saving and investment company, has announced its acquisition of an additional 5% stake in the "Taaleem" Holding Group. This move solidifies National Bonds' position as the largest shareholder in "Taaleem" with a

 For French President Emmanuel Macron, it was a light-bulb moment.In an ornate ballroom at the Palace of Versailles last July, the head of Taiwan's ProLogium took out a pair of scissors and cut one of its solid-state batteries the size of a credit card in