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The UAE collects an annual revenue of AED 10B to AED 11B ($2.72B to $3B) from indirect taxes, as stated by Younis Haji Al Khoori, Undersecretary of the Ministry of Finance.

Shareholders of the German chemicals company Covestro have approved XRG, the international investment arm of Abu Dhabi National Oil Company (ADNOC), to become its majority owner.

Dubai’s Roads and Transport Authority (RTA) has awarded a AED 20.5B ($5.6B) contract for the construction of the Dubai Metro Blue Line to a consortium of Turkish companies MAPA and LIMAK, along with Chinese firm CRRC. The project will expand the Dubai Metro by 30km, adding 14 stations, and serve over one million residents by 2040, generating AED 56.5B ($15.4B) in economic benefits.

Dubai’s dynamic real estate market continues to evolve, reflecting its multicultural identity and a forward-looking…

The CEO Clubs Network hosted a grand Gala Dinner at Dubai’s iconic Habtoor Palace, celebrating…

In a significant move to bolster bilateral economic relations, Salem Al Suwaidi, Director General of…

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, launched the…

The UAE has officially announced the pricing structure for electric vehicle (EV) charging services, set…

The Abu Dhabi Investment Office (ADIO) has signed a significant Memorandum of Understanding (MoU) with…

Recognized as a global frontrunner in promoting sustainable humanitarian practices, Dubai Humanitarian has been at…