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    DMCC accounts for 15% of foreign direct investment in Dubai in H1

    DMCC accounts for 15% of foreign direct investment in Dubai in H1

    12 Aug 2024

    DMCC-the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise-has announced key performance results in H1 2024, recording 1,023 new member companies, bringing its total...

    Federal Tax Authority collaborates with Mohammed Bin Rashid Housing Establishment to further promote tax culture

    Federal Tax Authority collaborates with Mohammed Bin Rashid Housing Establishment to further promote tax culture

    11 Aug 2024

    The Federal Tax Authority (FTA) has signed a Memorandum of Understanding (MoU) with the Mohammed bin Rashid Housing Establishment to strengthen the two entities’ strategic partnership and promote tax culture...

    ADNIC achieves net profit of Dhs 205.2 million for H1-24

    ADNIC achieves net profit of Dhs 205.2 million for H1-24

    09 Aug 2024

    Abu Dhabi National Insurance Company (ADNIC) has announced that for the six-month period ended 30th June 2024, profit before tax has grown by 10% year-on-year to Dhs224.3 million, while net...

    Dubai South Properties completes 90% of ‘Pulse Beachfront’

    Dubai South Properties completes 90% of ‘Pulse Beachfront’

    06 Aug 2024

    Dubai South Properties announced that the construction of The Pulse Beachfront, a luxury master-planned community in Dubai South’s Residential District, is 90% complete. In a press release on Tuesday, the...

    Empower reports 10.3% revenue growth in H1 2024

    Empower reports 10.3% revenue growth in H1 2024

    06 Aug 2024

    Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, today announced its financial results for the first half of 2024, reporting total revenues of Dhs1.352...

    CBUAE’s gold reserves up 19.7% YoY

    CBUAE’s gold reserves up 19.7% YoY

    05 Aug 2024

    The value of gold reserves held by the Central Bank of the UAE (CBUAE) reached Dhs20.619 billion by the end of May 2024, marking a year-on-year (YoY) growth of 19.7...

    Debate on education policy makes voters more polarised

    Debate on education policy makes voters more polarised

    01 Aug 2024

    When Vice President Kamala Harris paid a visit to Florida in July 2023, she lambasted a state-approved Black history lesson that claimed “slaves developed skills which, in some instances, could...

    BoE cuts rates from 16-year high, will be ‘careful’ on next moves

    BoE cuts rates from 16-year high, will be ‘careful’ on next moves

    01 Aug 2024

    The Bank of England cut interest rates from a 16-year high on Thursday after a tight vote by its policymakers who were split over whether inflation pressures had eased sufficiently....

    Cooling wage growth curbs US labour costs in second quarter

    Cooling wage growth curbs US labour costs in second quarter

    31 Jul 2024

    US labour costs increased moderately in the second quarter as private sector wages grew at the slowest pace in 3-1/2 years, more evidence that inflation was firmly on a downward...

    UAE, India to strengthen partnership in the sustainable economic sectors

    UAE, India to strengthen partnership in the sustainable economic sectors

    26 Jul 2024

    A new version of ‘Investopia Global Talks’ was launched in Chennai, Tamil Nadu, India, with an aim to strengthen the economic partnership between the UAE and the Republic of India...

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