Business

AXL Electric Vehicles (AXL), the Canadian automotive company dedicated to revolutionizing the EV industry by making luxury electric vehicles more affordable, has announced the world premiere of its SHARX-5, the …

UAE-based retail group Brands for Less (BFL Group) has denied reports of selling a minority stake in the business to investors. The Group released an official statement: Brands for Less …

The UAE Ministry of Finance has released two new decisions that together specify the main features of the Corporate Tax regime as it applies to juridical persons operating out of …

Academic institutions including schools and universities in the UAE have emerged as the first to submit their corporate tax returns, ahead of other sectors, due to their unique financial year …

Retail firm Union Coop through its Information Technology department implemented 15 major smart and commercial projects to support its digitization efforts and to stay ahead of the latest trends in …

Eros Group, a leading distributer and retailer in the UAE, announced its partnership with Dreame, a smart consumer technology company that specializes in innovative vacuum cleaners that promises to revolutionize …

Following the global launch of the hugely anticipated Aston Martin DB12 in France on the evening of May24, the pioneering model was revealed in Dubai on May 25, 2023, making …

Dubai-based billionaire businessman and owner of Landmark Group Micky Jagtiani has passed away at the age of 70. Jagtiani is survived by his wife and three children. With a net …

Global technology brand HONOR has officially revealed its latest flagship smartphones from the premium HONOR Magic Series, HONOR Magic5 Pro and HONOR Magic Vs. These flagship smartphones showcase HONOR’s cutting-edge …

Dubai-based retailer ‘Union Coop’ recently started delivery services for online orders in selected areas of ‘Abu Dhabi’ as well. This means consumers shopping through its Online Store (Smart App) and …

The management of Souq Al Haraj in Sharjah revealed that the first quarter of 2023 witnessed a 100% occupancy rate, solidifying Souq Al Haraj’s status as a leading and extensive …

Sharjah Media City “Shams” successfully concluded the inaugural edition of the “Shams Creative Fest,” a three-day event held at Shams Business Center. The festival witnessed extensive participation from startup owners, …

Honor has always been a brand that recognizes the crucial role that photography plays in people’s lives, allowing them to capture and preserve memories that will last a lifetime. As …

iSTYLE announced that it will formally open UAE’s first Apple Premium Partner (APP) store on May 20, 2023, in Dubai Marina Mall (Level 1) with a grand opening event. The …

The UAE is accelerating the establishment of the clean energy technologies of the future as the country implements low-cost solar power, carbon capture and sequestration (CCS) and blue hydrogen technologies …

Huawei Consumer BG held the Huawei P60 Series and flagship product launch event in Dubai, showcasing a new line-up of devices, including two main flagships of the year – Huawei …

Honor, the leading global technology brand, has announced the upcoming launch of its highly anticipated Honor Magic Series, featuring dual Flagship smartphones – the Honor Magic5 Pro and the Honor …

A new report by Freshworks Inc. (NASDAQ: FRSH), revealed a surprising juxtaposition for IT teams in the UAE. While on average, IT service requests from employees in the country are …

CE-Ventures, the corporate venture capital platform of Crescent Enterprises, a global, diversified business headquartered in the UAE, has announced it will host a Supply Chain Tech Summit under the theme …

Dubai-based retailer Union Coop signed a memorandum of understanding with Emirates Nature-WWF in cooperation with World Wildlife Fund (WWF). The signing comes as a part of the cooperative’s social responsibility …

The 22nd edition of Airport Show opens on Tuesday, May 9, 2023 at the Dubai World Trade Centre (DWTC) for a three-day all-encompassing trade show, showcasing the widest-ever range of …

Huawei Middle East and Central Asia will be participating in SAMENA Telecommunications Council Leaders’ Summit 2023, the leading telecommunications industry event in the region. Taking place on May 15 in …

Astra Tech, the leading consumer technology holding group in the MENA region, held its much-anticipated Botim 3.0 Ultra App launch event at the Museum of the Future in Dubai. The …

A new report by Workspace, the Middle East’s leading trade show for workplace technology and solutions, claims the UAE is on track to become a global hybrid working hub with …

Sharjah Media City (Shams) announced its participation in the Annual Investment Meeting (AIM), which will be held in Abu Dhabi from May 8-10 under this year’s theme ‘The Investment Paradigm …

Xiaomi, a leading global technology company, recently opened its biggest flagship store in the UAE at the Dubai Mall. The much-awaited official store opening took place on April 26, 2023 …

Dubai-based consumer cooperative, Union Coop has announced the launch of its much-awaited discount campaign for the month of May covering selected food and non-food products. The prices have been reduced …

Sharjah Media City (Shams) launched an exclusive “Discounts Programme” for its licensed companies, offering them a range of rewarding discounts and incentives, with the aim of improving their experience. Shams …

Crescent Enterprises, a leading global, diversified business headquartered in the UAE, has reaffirmed its commitment to Majarra’s “Renaissance Partners” programme, which aims to provide free subscriptions in Majarra’s websites to …

ZUG: Buildrs – a Swiss-based company driving the adoption of Web3 – has unveiled the Buildrs Platform – a CRM and data platform at Istanbul Fintech Week. The launch of …

Dubai will see the launch of its first-ever Great Online Sale across e-commerce platforms that will feature discounts of up to 95 per cent across select online stores for three …

noon Minutes, noon.com’s hugely popular 15 minute delivery service, has launched huge Ramadan deals and 24/7 delivery across all Dubai locations. Tap the Ramadan Sale! toggle at the bottom of …

Dubai First, which offers consumer services under First Abu Dhabi Bank (FAB), has announced its partnership with Wasim Akram, the legendary Pakistani cricketer and Mastercard’s global brand ambassador. The collaboration …

Gulftainer Co. Ltd., a privately owned, independent port management and logistics company, revealed a more cost-effective and efficient shipment process for exports coming from Pakistan through the company’s Khorfakkan Container …

UAE Ministry of Finance has issued Ministerial Decision No. 73 of 2023 on Small Business Relief for the purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of …

The Forbes’ 37th Annual World’s Billionaires List has been released and like every year, business tycoons based in the UAE have bagged prominent positions. The top 10 UAE residents featured …

noon, the Middle East’s leading e-commerce marketplace, announced the launch of its customer loyalty programme, noon One. noon One encourages customers to shop more frequently with a unique reward system …

LG Electronics (LG) unveiled its latest innovation in gaming technology with the launch of the world’s first 240Hz OLED gaming monitor in the UAE. The 45” UltraGear OLED curved monitor …

Dubai-based consultancy firm Al Dhaheri Jones and Clark (ADJC) has called on all small and medium enterprises (SMEs) anew to ensure that their processes are fully compliant with the country’s …

During its 41st General Assembly meeting held in Dubai, Union Coop announced a distribution of cash dividends of 22% and 5% return on shareholder purchases. The return on shareholders’ purchases …

Embodying the spirit of giving during the holy month of Ramadan, LuLu Exchange has announced its annual ‘Send Smart Win Cashback’ campaign. The campaign will run from March 17 to …

Saned Integrated Facilities Management, which is associated with Sharjah Asset Management, recently took part in the Sharjah Building Safety Forum. The forum was organised in partnership between Saned, Sharjah Prevention …

Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, released its ‘State of the UAE Retail Economy’ Q4 report, which …

The IFFCO Group, one of the UAE’s largest producers of food products, has opened the first 100% plant-based meat factory in the region, in Dubai. Located in the Dubai Industrial …

DHL and New York University’s Stern School of Business released the new DHL Global Connectedness Index 2022, an in-depth report on the state of globalization and its prospects. Analyzing data …

Dubai-based retailer Union Coop stressed the importance of Emiratization in the private sector as the Human Resources & Emiratization Department Director Mr. Ahmad Salem Bin Kenaid Al Falasi revealed that …

Alef Group has announced the launch of four stores in the food and beverage and wellness sectors at its iconic Al Mamsha Souks development in Sharjah. As part of the …

The new Dhs1,000 banknote from the Central Bank of the UAE (CBUAE) has been recognized with the “Best New Banknote” award for 2023 in the regional category. The note boasts …

Union Coop – the largest consumer cooperative in the UAE, has opened its new Community Residential Mall consisting of its 26th hypermarket branch, 28 commercial stores and 44 residential apartments …

Federal Tax Authority launches its digital innovation platform ‘Tax 10’ to encourage professional excellence and creativity The Federal Tax Authority (FTA) has launched its digital innovation platform named “Tax 10,” …

ENOC Group strengthens its retail footprint in the UAE’s residential communities with new fuel station ENOC Group, a leading integrated global energy player, announced the opening of its new fuel …

American manufacturer of bicycles for comfortable riding, Electra Bicycle Company, announced its entry into the UAE market. The company opened its flagship store in Dubai on February 25, 2023. It …

Union Coop – the largest consumer cooperative in the UAE, has opened its new center consisting of its 25th hypermarket branch and 41 commercial stores in Dubai’s Al Nahda-2, at …

Al Khoory Automobiles, a member of the Al Khoory Group of Companies and exclusive distributors of Yutong buses in the UAE, received an Outstanding Performance Award from Yutong for the …

Dubai’s iconic Burj Khalifa lit up to celebrate Astra Tech’s (Astra), BOTIM, and MoneyGram’s newly announced collaboration. The world’s tallest building featured Astra’s efforts by highlighting its recently announced collaboration …

The demand for tax compliance and bookkeeping services in the UAE is poised to soar with the upcoming rollout of the corporate tax law in the country in 2023, according …

The Federal Tax Authority (FTA) announced that the single sign-on feature of the UAE PASS – the first national digital identity– has been introduced to the EmaraTax platform, which tax …

Azizi Developments, a leading private real estate developer in the UAE, has announced that the first convenience store has sprung to life at Plaza, its exceptionally well-connected condominium project strategically …

Lamborghini’s Tecnomar for Lamborghini 63, a luxury yacht priced at $3.5 million is set to arrive in the UAE with the appointment of its official distributor for the GCC region. …

Samsung Gulf Electronics has announced retail prices for Galaxy S23 series in the UAE. New Samsung Galaxy S23 series comprising the Galaxy S23 Ultra, Galaxy S23+ and Galaxy S23, is …

The Dubai Chamber of Digital Economy, part of Dubai Chambers, has released a report outlining its plans to grow Dubai’s digital economy. The report projects that the digital economy in …

The Ministry of Finance (MoF) has published the approved Cabinet Decision 116 of 2022 on the Applicable Taxable Income Threshold for Corporate Tax. The Decision follows the issuance of Federal …

The UAE has announced a significant reduction in fees for 14 services as part of an ongoing effort to improve the country’s business environment. According to the Ministry of Industry …

Dubai has a well-established and respected reputation as a business hub in the Middle East. Authorities offer a wide range of benefits to all those looking to set up their …

Good news for Abu Dhabi Islamic Bank (ADIB) customers. Now you don’t need to carry your physical plastic card to make payments. If you are ADIB Visa cardholder, then you …

In bid to expand its retail footprint in northern emirates, the ENOC Group (Emirates National Oil Company) has opened a new service station in Al Rahmaniya, bringing the total number …