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    FTA reports 2.7m tax refund requests from tourists processed in H1 2024

    FTA reports 2.7m tax refund requests from tourists processed in H1 2024

    26 Aug 2024

    The Federal Tax Authority (FTA) asserted there has been considerable growth in the volume of transactions processed through the digital Value Added Tax (VAT) refund system for tourists in 2024,...

    DLD completes 647 real estate settlements worth Dhs1.38 billion

    DLD completes 647 real estate settlements worth Dhs1.38 billion

    28 Jul 2024

    Dubai Land Department (DLD) has successfully completed 647 amicable real estate settlements worth more than Dhs1.38 billion in the first half of 2024. Through the Oqoodi Platform service, 100% of...

    India's Adani Group to raise Rs16,600 crore to expand business, plans e-commerce ventures

    India's Adani Group to raise Rs16,600 crore to expand business, plans e-commerce ventures

    28 May 2024

    Adani Enterprises Ltd (AEL) on Tuesday announced to raise Rs 16,600 crore via qualified institutional placement (QIP) or other permissible mode in one or more tranches and in accordance with...

    UAE Central Bank, Hong Kong Monetary Authority boost financial cooperation

    UAE Central Bank, Hong Kong Monetary Authority boost financial cooperation

    30 May 2023

    The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) held a bilateral meeting in Abu Dhabi to enhance collaboration between the financial services...

    UAE to strengthen its position as a global hub for future industries

    UAE to strengthen its position as a global hub for future industries

    30 May 2023

    Dubai Industrial City, a member of TECOM Group, announced on Tuesday its participation in the second edition of the Ministry of Industry and Advanced Technology’s (MoIAT) Make it in the...

    IATA plans air travel without passports and tickets in future

    IATA plans air travel without passports and tickets in future

    08 Dec 2022

    Gulf Today Report The International Air Transport Association (IATA) has developed industry standards that will bring the aim of having travellers arrive at airports ready-to-fly one step...

    Fantabulous progress: Business community hails wise leadership as UAE marks 51st National Day

    Fantabulous progress: Business community hails wise leadership as UAE marks 51st National Day

    01 Dec 2022

    Inayat-ur-Rahman, Business Editor Today the UAE is celebrating its 51st National Day. Bold decisions and an ambitious economic vision have boosted the competitiveness landscape of the nation, transforming the...

    Bitcoin slides below $20,000 to lowest since Dec. 2020

    Bitcoin slides below $20,000 to lowest since Dec. 2020

    18 Jun 2022

    The price of bitcoin fell below $20,000 for the first time since late 2020 on Saturday, in a fresh sign that the selloff in cryptocurrencies is deepening. Bitcoin, the...

    UAE aims to up 2022 federal spending by Dhs1.23 billion

    UAE aims to up 2022 federal spending by Dhs1.23 billion

    15 Jun 2022

    The United Arab Emirates' federal government aims to increase spending by Dhs1.23 billion ($334.9 million) in the 2022 budget, the Federal National Council said on Twitter on Tuesday. The...

    Vortex Energy Invests €222 million into Ignis

    Vortex Energy Invests €222 million into Ignis

    08 Jun 2022

    Staff Reporter, Gulf Today Dubai: Vortex Energy, a leading renewables-focused investment vehicle in Europe, managed by the private equity arm of EFG Hermes, has announced that it invested to-date...

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