DUBAI/WAM Dubai Chambers has hosted the “Compliance Challenges Workshop 2024” at its headquarters to enhance local business community awareness about the UAE tax system. Organised by the Federal Tax Authority (FTA) in cooperation with Dubai Chambers, the workshop attracted 130 participants and provided an overview of the key taxes that apply to businesses operating in the UAE, including excise Tax ...
Read More »
ABU DHABI/WAM The Abu Dhabi Chamber of Commerce announced on Tuesday the registration opening for the “Abu Dhabi Business Connect Platform,” inviting local companies to join and connect with over 3 million companies around the word. It represents a unique way to conduct business, enhancing the competitiveness of Abu Dhabi’s business ecosystem and attracting foreign direct investments to the emirate. ...
Read More »
DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today visited the state-of-the-art global research centre of Himalaya Wellness in Dubai Science Park, a member of the TECOM Group. Speaking on the occasion, His Highness said, “Research and development (R&D) is a vital sector that is a cornerstone of the UAE’s sustainable ...
Read More »
ABU DHABI/WAM Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and Mamo E. Mihretu, Governor of the National Bank of Ethiopia (NBE), have signed a bilateral currency swap agreement for the UAE Dirham and Ethiopian Birr. The two parties also entered into two Memoranda of Understanding (MoU) to establish a framework for the use of local ...
Read More »
DUBAI/WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, issued Decree No. (45) of 2024 on the Board of Trustees of Noor Dubai Foundation, chaired by the Director General of the Dubai Health Authority. According to the Decree, Nasser Khalifa Al Budoor will serve as Vice Chairman. ...
Read More »
ABU DHABI/WAM Khalifa Economic Zones Abu Dhabi – KEZAD Group has commissioned a new natural gas network having 311,100 MMBTU/Day capacity in KEZAD Area A – Al Ma’mourah. The new natural gas network has been developed by the KEZAD Group subsidiary, KEZAD Utilities & Facilities Management Company, in three phases with a capital investment of around AED300 million. The total ...
Read More »
DUBAI/WAM flydubai announced that it will receive seven aircraft before the end of 2024 and is on track to hire more than 130 new pilots by the end of this year. In a statement on Tuesday, the airline said the new aircraft will further support the network’s expansion by adding Basel, Riga, Tallinn, and Vilnius. Ghaith Al Ghaith, Chief Executive ...
Read More »
ABU DHABI/GULF TIME UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan praised the youth of the nation, saying they are “the strength, energy, ambition, and wealth of our nation”. UAE President took to social media platform X on World Youth Skills Day and said: “On World Youth Skills Day, we reaffirm that empowering our youth, investing in them, ...
Read More »
ABU DHABI/WAM Aldar Properties and DP World have signed a strategic agreement where Aldar will fund and develop a 1.55 million sqft (144,000 sqm) Grade A logistics park at National Industries Park (NIP) in Jebel Ali, Dubai. This partnership will provide Aldar access to develop and lease assets within NIP, strategically positioned near Jebel Ali Port and Al Maktoum International ...
Read More »
ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Emmanuel Macron of the Republic of France on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, ...
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.