DUBAI: The Ports, Customs and Free Zone Corporation (PCFC) has announced the launch of a pioneering project, the ‘Dubai Code for Ports,’ the first of its kind globally. This comprehensive technical guide aims to establish an integrated framework of te…
Business
Ministry of Finance Hosts Forum on International Taxation with OECD in Dubai.
Dubai: The Ministry of Finance (MoF), in collaboration with the Organisation for Economic Cooperation and Development (OECD), hosted a forum on international taxation in Dubai, which began on Tuesday, 12th November, and concludes on Thursday, 14th Nov…
UAE Leaders Offer Condolences to Grand Imam of Al-Azhar on Passing of His Sister.
DUBAI: President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a cable of condolences to His Eminence Dr. Ahmed El-Tayeb, Grand Imam of Al-Azhar, on the passing of his sister. His Highness expressed his heartfelt sympathies and sorrow for t…
ADIB Recognized as World’s Safest Islamic Bank for 2024.
Abu Dhabi: Abu Dhabi Islamic Bank (ADIB) has been recognised as the world’s safest Islamic bank for the third consecutive year by Global Finance Magazine’s for 2024. ADIB was also awarded the Best Islamic Bank in the UAE and Egypt, underscoring its st…
Emirates Development Bank Secures AED 100 Million Deal with Yellow Door Energy for Solar Expansion.
DUBAI: Emirates Development Bank (EDB) today announced a landmark AED 100 million financing agreement with Yellow Door Energy (YDE), a leading sustainable energy partner for businesses in the MEA region, to support the development and operation of mor…
FAB End of Service Benefits Funds Granted Initial Approval from MOHRE, SCA.
Abu Dhabi: First Abu Dhabi Bank (FAB) has received initial approval to make FAB End of Service Benefits Funds available to UAE-based companies, giving employees the opportunity to grow their end of service benefits through the new government Alternati…
All Airbus Aircraft Now Feature UAE-Made Components, Confirms Airbus Official.
ABU DHABI: Jean-Brice Dumont, Head of Air Power at Airbus Defence and Space, has announced that every Airbus aircraft currently in production incorporates parts manufactured in the United Arab Emirates (UAE). Dumont made this declaration while discuss…
Masdar and Albania Power Corporation Forge Renewable Energy Partnership at COP29.
Baku: Abu Dhabi Future Energy Company (Masdar) and Korporata Elektroenergjitike Shqiptare (KESH) – Albania Power Corporation – have signed a joint venture term sheet agreement to explore the development of gigawatt-scale renewable projects in Albania….
ADDED’s Export Matching Programme Boosts SME Global Expansion with 44% Export Growth Forecast.
Abu Dhabi: The Abu Dhabi Department of Economic Development’s (ADDED) SME Export Matching Programme has achieved significant milestones in its inaugural cycle. Fourteen SME participants anticipate a 44% increase in their exports for 2024 compared to 2…
flydubai Makes Debut at Bahrain International Airshow.
Manama: flydubai, the Dubai-based carrier, announced its debut at the Bahrain International Airshow (BIAS) 2024, which commenced today and will run until 15th November at the Sakhir Airbase in Manama. Commenting on flydubai’s participation in the Airs…
EWEC Opens Registration for Q4 2024 Clean Energy Certificates Auction.
Abu Dhabi: Emirates Water and Electricity Company (EWEC) today opened registration for its Q4 2024 Clean Energy Certificates (CECs) auction. The auction is scheduled to close on 13th December 2024. Othman Al Ali, Chief Executive Officer of EWEC, empha…
Salik Posts AED822 Million Net Profit in Nine Months.
DUBAI: Salik Company today announced its financial results for the nine-month period ended 30th September 2024, registering a robust net profit after tax of AED822.0 million, up 2.4 percent year-on-year.
According to Emirates News Agency, Salik conti…