Browsing: Finance and Technology

In the presence of H.H. Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority and Chairman of Emirates Airline, the Mohammed Bin Rashid Aerospace Hub (MBRAH) officially inaugurated a new Comlux facility. Comlux, a global leader in business aviation and completion services, marks a significant step in enhancing Dubai’s aviation sector.

Apple has introduced ‘Tap to Pay’ on iPhone in the UAE, allowing merchants to securely process contactless payments directly through their iPhones. This feature eliminates the need for traditional point-of-sale (POS) hardware, offering a streamlined solution suitable for businesses of all sizes.

Dubai Financial Market (DFM) has celebrated the successful listing of Talabat Holding. Talabat, the MENA…

PLATMA, an AI-powered business automation platform, has secured $2.2 million in pre-seed funding to drive its expansion into the Middle East and North Africa (MENA) region.

Dubai International Financial Centre (DIFC) continues to solidify its reputation as the go-to gateway for…

The UAE Circular Economy Council held its first meeting after restructuring this year, chaired by…

US investment management firm Polen Capital announced on Monday that it has received preliminary approval for a licence to operate from ADGM, the financial centre of Abu Dhabi, as part of its strategy to tap into growth opportunities in the region.

United Arab Emirates will impose a 15 per cent Domestic Minimum Top-up Tax (DMTT) on large multinational corporations starting January, as per the Ministry of Finance announcement. This step aligns with the OECD’s global tax framework, supported by 136 countries, including the UAE, to ensure major corporations pay at least 15 per cent in taxes and reduce tax avoidance.

The UAE Ministry of Finance has unveiled critical updates to Federal Decree-Law No. 47 of…

Dubai’s equity benchmark, the Dubai Financial Market (DFM) index, is on track to register a…