Browsing: Business
An exhibition of perfumes, the largest of its kind in the Middle East, opened yesterday in the Riyadh Front area. This is one of the season’s entertainment areas, and will run until March 14. Over 200 brands of luxury perfumes,
Etihad Credit Insurance (ECI), the UAE Federal Export Credit Agency (ECA), and its Egyptian counterpart Export Credit Guarantee of Egypt (EGE) have entered into a reciprocal reinsurance agreement to support Emirati and Egyptian projects throughout the world. The agreement between
Environment, Water and Agriculture Minister Eng. Abdulrahman Al-Fadhli has inaugurated the Kyrgyz exhibition, organized by the Ministry in conjunction with the Embassy of Kyrgyzstan. Additionally, there were other senior officials and businessmen from both countries in attendance, including the Kyrgyz
The Information & eGovernment Authority (IGA) released its foreign trade report for January 2022, which covers data on the balance of trade, imports, exports (national origin), and re-exports. In January 2022, imports reached BD449 million, a 10% increase over BD409
The foundation stone was laid for the United States Trade Zone (USTZ) at the Salman Industrial City. The ceremony was attended by the Minister of Industry, Commerce and Tourism Zayed bin Rashid Al Zayani, US Ambassador to the Kingdom of
Aldar Properties announced its preliminary financial results for the full year of 2021, reporting revenues of AED8.58 billion, up 2 percent year-on-year, a gross profit of AED3.60 billion, up 21 percent year-on-year, and a net profit of AED2.33 billion, up
The Abu Dhabi National Oil Company (ADNOC) announced today the discovery of natural gas resources offshore of the Emirate of Abu Dhabi. Interim results from the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession operated by Eni,
Aldar Properties PJSC (Aldar), through its Aldar Investment business, has made its first investment in Ras Al Khaimah, acquiring the 27,000 sqm Al Hamra Mall developed by Al Hamra, a Ras Al Khaimah based real estate development and investment company,
The Ministry of Finance has announced that the UAE will introduce a federal corporate tax on business profits that will be effective for financial years starting on or after 1st June 2023. Businesses will become subject to UAE corporate tax
Arada, a Sharjah-based development company, has purchased the last remaining beachfront land plot on the Crescent of the world-famous, award-winning Palm Jumeirah, marking the fast-growing developer’s first project outside Sharjah and its entry into the Dubai property market.Valued at AED240