Business & Money | Tuesday 26 December, 2023 8:38 am

NIDLP accomplishes 120 initiatives 2 years ahead of schedule: CEO

More than 120 of the National Industrial Development and Logistics Program’s (NIDLP) initiatives were completed two years before the scheduled deadline, CEO Suliman Almazroua stated at the NIDLP’s annual ceremony.   He said that this progress confirms the maturity of the...

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Business & Money | Tuesday 26 December, 2023 8:18 am

HRSD Ministry launches insurance service for domestic workers

The Ministry of Human Resources and Social Development (HRSD) launched an insurance service on its Musaned platform for contracts of new domestic workers.    As of Feb. 1, 2024, the insurance service will cover the first two years of the contract, then it will be...

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Environment & Energy | Monday 25 December, 2023 1:53 pm

NIDLP contributes 35% to non-oil GDP: Industry Minister

Bandar Alkhorayef, Minister of Industry and Mineral Resources, said that the National Industrial Development and Logistics Program (NIDLP) contributes about 35% to the non-oil GDP and 90% to non-oil exports.   At the NIDLP's annual ceremony, Alkhorayef noted that the program accounts ...

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Culture & Education | Monday 25 December, 2023 1:52 pm

The Department of Community Development stresses the importance of non-governmental organisations being licenced

 The Department of Community Development - Abu Dhabi, the regulatory body for the social sector in the emirate, has emphasised its eagerness to provide licensing services to non-governmental organisations in the emirate, and to announce the licensing of Public Interest Associations, all with...

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Business & Money | Monday 25 December, 2023 1:38 pm

Realty Force Real Estate awarded Top Performing Agency 2023 by Expo City Dubai

Realty Force Real Estate, a boutique agency specializing in high-end luxury properties, has been awarded the Top-performing Agency 2023 in recognition of its deep understanding of Expo City’s sales landscape and its vision for innovative, sustainable, and human-centric urban development. Realty...

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Business & Money | Monday 25 December, 2023 12:22 pm

RAKEZ partners with CBI to enhance business banking processes for RAKEZ clients

Ras Al Khaimah Economic Zone (RAKEZ) has recently tied up with Commercial Bank International (CBI), to enhance the business banking experience for RAKEZ clients. This collaboration is designed to foster financial inclusion by streamlining access to a comprehensive range of financial services,...

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Culture & Education | Monday 25 December, 2023 12:18 pm

Ajman Department of Finance Equips Government Financial Cadres with Expertise in Real Estate Investment Management

The Ajman Department of Finance (DoF) successfully concluded its comprehensive 2023 training course plan with the specialised programme ‘Real Estate Investments and Accounting,’which targeted financial professionals in the emirate’s government sector. The course was designed to provide...

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Tourism & Hospitality | Monday 25 December, 2023 11:29 am

SUN SIYAM RESORTS PRESENTS ITS FIVE-STAR LINE-UP OF CHRISTMAS CLASSICS WITH A TROPICAL TWIST

Sun Siyam Resorts has unwrapped this year’s festive season programme, creating an ideal haven for those seeking to revel in the warmth and joy of the holidays. Across their five exquisite private island properties in the Maldives and their boutique retreat in Sri Lanka, guests are invited to ...

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Business & Money | Monday 25 December, 2023 10:17 am

Global outstanding sukuk market surged to $823 billion by Q3-23: Fitch’s Global Head of Islamic Finance

Bashar Al-Natoor, the Global Head of Islamic Finance - Managing Director, Fitch Ratings, has projected a sustained uptrend in global sukuk issuance, with the market soaring to US$823.4 billion at the end of Q3-23, reflecting a robust 9.8% annual growth. Speaking to the Emirates News Agency...

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Government | Monday 25 December, 2023 10:12 am

FTA issues guide outlining criteria to determine natural persons subject to corporate tax

The Federal Tax Authority (FTA) has issued a new guide outlining the criteria to determine natural persons subject to the Corporate Tax Law, that came into effect on 1st June 2023. The guide provides a comprehensive and simplified explanation and instructions for natural persons realising...

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