FTA extends corporate tax filing deadline for some businesses to Dec 2024 Image-by-WAM

Corporate tax: FTA extends filing deadline for some businesses

Taxable persons incorporated on or after June 1, 2023, with tax periods ending on or before February 29, 2024, now have until December 31 to fulfill their corporate tax obligations

Saudi Arabia’s Diriyah agrees deals worth $1bn with European firms

Saudi Arabia’s Diriyah agrees deals worth $1bn with European firms

The $63bn project is one of the Public Investment Fund’s giant construction efforts aimed at boosting economic growth

Emsteel to co-chair IRENA Decarbonisation Alliance

EMSTEEL Group to co-chair IRENA’s Decarbonisation Alliance

The alliance aims to foster collaboration among companies to develop decarbonisation strategies aligned with national net-zero commitments

Global digital creative economy to reach Dhs27tn by 2030, finds study

Global digital creative economy to reach Dhs27tn by 2030, finds study

The projection comes from an exclusive study conducted by Dubai Design District (d3) and Dubai Media City, in partnership with global digital consultancy Monstarlab

Abu Dhabi, Dubai CDS drops; reflects fiscal resilience: CBUAE

Abu Dhabi, Dubai CDS drop; reflects fiscal resilience, says CBUAE

These developments reflect a robust economic landscape in the UAE, characterised by a solid banking sector and increasing investor confidence

Global Surfaces opens Dhs100m manufacturing facility in Jafza

Global Surfaces unveils Dhs100m manufacturing facility in Jafza

The facility, the largest of its kind in the Middle East, will boost advanced manufacturing and meet the surging demand for artificial quartz

Signature CEO Panel at Envision 2024 Image 2

Du shines the spotlight on AI, digital innovation at Envision 2024

Themed “Gathering Leaders for Progress with AI-Driven Digitalisation”, the event witnessed strategic partnerships and discussions on the future of AI, 5G, cloud computing and smart cities

Dubai Maritime City upgrades double ship handling capacity

Dubai Maritime City upgrades double ship handling capacity

Dubai Maritime City’s ship handling capacity more than doubled from 400 to 1,000 vessels per year

Join the Golf Digest Middle East Oktoberfest at The Els Club

Join Golf Digest on October 18 for this one-of-a-kind golfing experience with tasty treats both on and off course to keep you going

Chris Martin of Coldplay performs onstage at the 2024 iHeartRadio Music Festival at T-Mobile Arena on September 21, 2024 in Las Vegas, Nevada.

Coldplay fever grips UAE as band announces fourth Abu Dhabi gig

The band has broken records at venues worldwide, praised for their high-energy performances and sustainability efforts

UAE President meets Donald Trump during US visit

During the meeting, UAE President Sheikh Mohamed bin Zayed Al Nahyan highlighted the long-standing ties between the UAE and the US

UAE’s Masdar eyes Iberian renewables champion after recent deals

Masdar eyes Iberian renewables champion after recent deals

The company will look at potential new opportunities with current partners, such as Endesa and Iberdrola

IHG and The first group sign agreement making the Ciel a part of the vignette collection image first group

World’s soon-to-be tallest hotel, Ciel, joins IHG’s luxury Vignette Collection

Standing over 80 stories high, the luxurious property will feature more than 1,000 rooms and suites

Saudi Arabia ditches $100 crude target to win back market share

Oil prices are down nearly 5 per cent so far this year, amid increasing supply from other producers, especially the US

Abu Dhabi's SCFEA grants new O&G concession in Al Dhafra to PETRONAS

Malaysia’s PETRONAS lands oil and gas exploration deal in Abu Dhabi

The Onshore Block 2 concession in Al Dhafra covers an area of 7,320 square kilometres, with PETRONAS holding 100 per cent of the exploration rights

UAE reaches trade deal with New Zealand to boost exports, investment

UAE strikes CEPA deal with New Zealand to boost exports, investment

The trade agreement will remove tariffs on about 98.5 per cent of New Zealand’s exports immediately upon implementation

Sheikh Mohammed endorses 30km Dubai Metro Blue Line project

RTA showcases Dubai Metro Blue Line plan at Berlin showpiece

The RTA is showcasing its plans for the Dubai Metro Blue Line project at InnoTrans 2024 in Berlin.

UAE President, US Commerce Secretary discuss MGX’s $30bn AI fund

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with US Commerce Secretary Gina Raimondo to discuss expanding bilateral collaboration.

HANGZHOU, CHINA - NOVEMBER 23, 2023 - Visitors look at WeRide's driverless minibus at the 2nd Global Digital Trade Fair 2023 in Hangzhou, Zhejiang province, China, Nov 23, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images)

Robotaxis to hit Abu Dhabi streets this year, courtesy of Uber, WeRide

From later this year, the ride-hailing firm’s users in Abu Dhabi will be able to book a ride in a robotaxi

Abu Dhabi real estate market trends for H1 2024 according to Bayut's findings Image_Getty Images

Abu Dhabi wealth fund ADQ sells $2bn bond

ADQ is fully owned by the Abu Dhabi government, which holds more than 90 per cent of the United Arab Emirates’ oil reserves

Investec expands global reach with Dubai office

South African lender Investec opens office in Dubai’s financial centre

The DIFC has been luring global banks, asset and wealth managers, and hedge funds, and it is now seeing rising interest from South African entities

Ooredoo secures QAR2bn financing to build data centres

Qatar’s Ooredoo secures QAR2bn financing to build data centres

The 10-year hybrid facility was provided by Qatar National Bank, Doha Bank and Masraf Al Rayan

EU assessing deal by e& Group for Czech PPF’s assets

e& Group secures EU approval to buy Czech PPF’s telecoms assets

e& has secured “all regulatory approvals” and “closing of the deal remains subject to customary remaining closing terms”

TAQA, SUEZ, Siemens launch desalination initiative

Abu Dhabi’s TAQA, SUEZ and Siemens team up in desalination initiative

The initiative is a five-year global competition that aims to reimagine systems, methods, and materials to advance desalination technologies

Microsoft to set up an engineering centre in Abu Dhabi GettyImages

Microsoft to set up key engineering centre in Abu Dhabi

The Abu Dhabi centre will collaborate with Microsoft’s global network of development centres to develop solutions in AI, cloud computing, and advanced cybersecurity

OPEC raises long-term oil demand outlook

OPEC boosts long-term oil demand outlook, driven by developing world growth

OPEC expects world oil demand to reach 118.9 million bpd by 2045, which is around 2.9 million bpd higher than earlier projections

Linkedin reveals top UAE startups for 2024 GettyImages-186125041

LinkedIn names these UAE companies as top startups for 2024

The emergence of these startups is not only indicative of individual success but also highlights the broader trends shaping the UAE’s economic environment

Aramco sets price guidance for dollar sukuk bonds

Saudi Aramco sets price guidance for dollar sukuk bonds, term sheet shows

The 5-year bond has price guidance of Treasuries plus around 120 basis points (bps) and the 10-year bond has Treasuries plus about 135 bps

Autoterminal Khalifa Port's ro-ro vehicle volumes rise 30% in H1' 24

Autoterminal Khalifa Port’s ro-ro vehicle volumes rise 30%

Autoterminal Khalifa Port is strategically positioned, hosting three of the world’s top five container shipping lines

Dubai's DET, Amazon launch accelerator for SMEs

Dubai’s DET, Amazon launch accelerator for SMEs

The partnership between DET and Amazon UAE showcases the effective collaboration between government and private sectors