News

SRTI Park unveils ultramodern two-level warehouse units

SHARJAH / WAM The Sharjah Research, Technology and Innovation Park (SRTI Park) has announced a new warehouse project offering ultramodern ground-plus-mezzanine warehouse units, ideal for showrooms, experience centres, warehousing, light industrial assembly, and production. The units, with sizes ranging from 144 square metres to 303 Square metres, are designed for storage/production/assembly space on the ground floor; and office space on ...

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DFM partners with Mbank to launch IPO Upgrade Program

DUBAI / WAM Dubai Financial Market (DFM) in partnership with Al Maryah Community Bank (Mbank), has launched IPO Upgrade as part of DFM IPO subscription process, a new feature designed to empower investors by providing subscription leverage for selected Initial Public Offerings (IPOs). Mbank provides the IPO Upgrade service by offering investors up to five times leverage based on provisions ...

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MoF amends ministerial decision on unincorporated partnerships

ABU DHABI / GULF TIME The Ministry of Finance (MoF) has announced amendments to Ministerial Decision Nos (261) of 2024 on unincorporated partnerships, foreign partnerships and family foundations for the purposes of Federal Decree-Law No 47 of 2022 on the taxation of corporations and businesses and its amendments. The revised ministerial decision shall apply for tax periods commencing on or ...

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Air Expo Abu Dhabi 2024 to host MEAC Trade Show and Conference

ABU DHABI / WAM Air Expo is gearing up to host the inaugural Middle East Aviation Careers (MEAC) Trade Show and Conference during Air Expo Abu Dhabi 2024, which takes place from November 19 to 21 at the Abu Dhabi National Exhibition Centre (ADNEC). The event marks a significant move to inspire and nurture the next generation of aviation professionals, ...

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DP World, Schneider Electric ink pact to upskill Emirati youth

DUBAI / WAM Schneider Electric, a global leader in the digital transformation of energy management and automation, has signed a memorandum of understanding (MoU) with DP World, the leading provider of global end-to-end logistics solutions, to accelerate the upskilling of Emirati youth in sustainability and digital technologies. The signing ceremony was held in the presence of Jean-Pascal Tricoire, Schneider Electric’s ...

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Sultan bin Ahmed opens Rumi Exhibition at House of Wisdom

SHARJAH/WAM HH Sheikh Sultan bin Ahmed Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Sharjah Media Council, inaugurated the “Rumi: 750 Years of Absence… Eight Centuries of Presence” exhibition, which will run until February 14 2025, at the House of Wisdom (HoW) in Sharjah. Upon arrival, Sheikh Sultan was received by Sheikha Bodour bint Sultan Al Qasimi, Chairperson ...

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