A recent analysis by the Dubai Chamber of Commerce, one of the three chambers under the Dubai Chambers of Commerce, has shown that Indian investors topped the list of new non-Emirati companies in the first nine months of 2024, registering 12,142 new companies.
Economy Middle East and Abu Dhabi Financial Centre (ADGM) have signed a Memorandum of Understanding (MoU) to collaborate on the second edition of the Middle East Economic Summit, which will be held on May 15, 2025.
According to official data, the number of 5G mobile subscribers in China reached a total of 1.002 billion by the end of November, accounting for 56 percent of the total mobile subscribers.
Emirates Oil Company (Emarat) announced that it has signed an agreement with Lootah Biofuels to strengthen cooperation in the development of renewable energy sources and increase sustainability.
The Kuwaiti government approved a draft law yesterday, Tuesday, December 24, that will impose a 15% tax on multinational companies that operate in more than one country or state.
Emirati media reported that Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council of the emirate, approved the Ajman Energy Strategy 2030. The strategy aims to balance the needs of economic development and environmental sustainability, promote efficient use of energy and adhere to global best practices in energy management....
The Mohammed bin Zayed University of Artificial Intelligence (MBZUAI) announced that it has launched the Master of Applied Artificial Intelligence (MAAI) course in order to train a generation of innovators and leaders in the field of AI applications.
Emirati media reported that Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved the emirate’s general budget of 42 billion dirhams, the largest budget in Sharjah’s history.
Emirati media reported that Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, met with Ante Šušnjar, Minister of Economy and Sustainable Development, during an official visit to Zagreb, the capital of Croatia.
The Ministry of Mines and Petroleum of the Afghan interim government announced that it has signed a $145 million contract with SACO Afghan to build the Al-Tamur cement plant in Logar province.
The 1 Billion Followers Summit, the world’s first and largest event on shaping the content economy, will be held by the New Media Academy in Dubai from January 11-13, 2025.
The Central Bank of the United Arab Emirates (CBUAE) has maintained its forecast for the country’s real gross domestic product (GDP) growth in 2024 at 4.0 percent.
The UAE Ministry of Finance (MoF) has announced amendments to the laws and regulations pertaining to tax groups, partnership exemptions and foreign permanent establishment exemptions.
Ajman Land and Property Regulatory Authority (AJMA) announced that 173 property valuation transactions were recorded in November, worth a total of AED 598 million.
Dubai’s metro and tram services have achieved a 96% score on the International Customer Experience Standard (ICXS) for 2024. The services had scored 87.2 points in 2022 and 92.2 points in 2023.
The Abu Dhabi Heritage Authority has announced the first edition of the Date Festival in Al Ain. The festival set to be held from January 3 to 8, 2025.
