Business & Money | Thursday 28 November, 2024 4:44 pm

RIBA strengthens Gulf presence and partnerships

As part of its work to promote architectural excellence and grow its global membership, the Royal Institute of British Architects (RIBA) has been taking steps to strengthen its presence and strategic partnerships in the Gulf. This work coincides with the 15th anniversary of the RIBA Gulf...

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Business & Money | Sunday 22 December, 2024 8:40 am

UAEV announces adoption of recently introduced EV tariffs effective January 2025

UAEV, the UAE's first government-owned electric vehicle (EV) charging network, announced the adoption of the recently introduced EV tariffs by the Ministry of Energy and Infrastructure, effective January 2025. While these tariffs mark an important step towards enhancing the sustainability and...

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Business & Money | Sunday 22 December, 2024 8:37 am

DP World issues $100 million Blue Bond

DP World has issued a groundbreaking $100 million Blue Bond to fund sustainable projects cutting across marine transportation, port infrastructure, marine pollution, as well as nature and water positive initiatives. Through this issuance, DP World will contribute to closing the significant...

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Business & Money | Sunday 22 December, 2024 8:34 am

CBUAE, Hong Kong Monetary Authority deepen financial market cooperation

The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) on Friday held the second bilateral meeting in Hong Kong, further solidifying cooperation and connectivity between the financial services sectors of the two jurisdictions. The meeting was attended...

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Business & Money | Sunday 22 December, 2024 8:31 am

Abu Dhabi Petroleum Products Trading Regulatory Committee issues inaugural trading permit in emirate

The Abu Dhabi Petroleum Products Trading Regulatory Committee, under the leadership of the Abu Dhabi Department of Energy (DoE), has issued its inaugural permit for petroleum product trading in the Emirate of Abu Dhabi. This achievement aligns with the provisions of Law No.5 of 2023, Federal...

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Business & Money | Sunday 22 December, 2024 8:28 am

Digital Dubai, Dubai Future Foundation sign strategic partnership

Digital Dubai today signed a strategic partnership agreement with the Dubai Future Foundation, reflecting the shared commitment of both entities to developing national competencies that can anticipate and shape the future through innovative concepts, technologies, skills and tools. The...

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Business & Money | Sunday 22 December, 2024 8:26 am

Islamic finance in UAE: Rapid growth, leadership in sustainability

The Islamic finance sector in the UAE benefits from a dynamic economic environment and advanced regulatory policies that support Sharia-compliant financial activities. Since the establishment of the UAE's first Islamic bank in 1975, the sector has grown significantly over the decades, becoming ...

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Business & Money | Sunday 22 December, 2024 8:24 am

UAE indirect taxes yield AED10-11 billion annually: MoF Undersecretary

Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, revealed that indirect taxes in the UAE generate between AED 10 and 11 billion annually, a substantial portion of the federal budget, which totals approximately AED65 billion. Speaking to Emirates News Agency (WAM) on the...

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Business & Money | Sunday 22 December, 2024 8:21 am

DEWA scores 100% in International Digital Customer Experience Standard

Dubai Electricity and Water Authority (DEWA) scored 100% for the second time in the International Digital Customer Experience Standard (IDCXS2022) certificate, emphasising its global leadership and excellence and its success in sustaining its global achievements. DEWA achieved the ‘Globally...

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Business & Money | Sunday 22 December, 2024 8:18 am

Riyadh Season 2024 attracts 12M visitors: Turki Al-Sheikh

Riyadh Season 2024 has achieved a new milestone, as the number of visitors reached 12 million so far, Advisor Turki Al-Sheikh, Chairman of the General Entertainment Authority (GEA), said. According to the state-run SPA, this achievement reflects the distinctive variety of events offered during ...

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Business & Money | Sunday 22 December, 2024 8:14 am

Saudia Group Partners with the Riyadh Season 2024 to Launch the "BLVD Runway" Zone

Saudia Group has collaborated with Riyadh Season 2024 to unveil the "BLVD Runway" zone as part the season. This innovative zone, themed around an airport runway, is now open to visitors featuring three Saudia Boeing 777 aircraft that have been transformed to provide a unique setting for...

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