07 Jumada II 1446 - 8 December 2024
    
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Eye of Dubai

 Nasscom Signs MoU with DIFC to Strengthen FinTech and Innovation Collaboration, Enhancing Global Opportunities for Indian Tech Companies
Business & Money | Sunday 1 December, 2024 9:09 am
Nasscom, the leading voice of the USD 254bn technology industry in India, has signed a Memorandum of Understanding (MoU) with Dubai International Financial Centre, the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region. The MoU was signed in the presence of...
Saudi Arabia secures highest ever score in bidding for FIFA World Cup 2034
Sports | Saturday 30 November, 2024 2:52 pm
The Fédération Internationale de Football Association (FIFA) stated that the Kingdom's bid to host the FIFA World Cup™ 2034 received a rating of 419.8 out of 500, the highest technical rating ever given by FIFA to a file submitted to host the event.   This reflects the...
ZATCA sets criteria for target taxpayers in Wave 18 of e-invoicing
Government | Saturday 30 November, 2024 2:46 pm
Zakat, Tax and Customs Authority (ZATCA) determined the criteria for selecting the target taxpayers in Wave 18 for implementing the "integration phase" of e-invoicing.   In a statement, the authority clarified that this wave included all taxpayers whose revenues subject to VAT...
Moody's rating reflects PIF's exceptional investment ability: Official
Business & Money | Saturday 30 November, 2024 2:43 pm
Fahad AlSaif, Head of Global Capital Finance and Investment Strategy and Economic Insights Division at the Public Investment Fund (PIF), said Moody's upgrade of the fund's credit rating reflects its exceptional ability to execute its investment strategy while maintaining robust creditworthiness and ...
Burj Khalifa's facade gets a dazzling lighting overhaul
Business & Money | Friday 29 November, 2024 7:26 am
Emaar Properties has announced the completion of a revolutionary façade lighting upgrade for Burj Khalifa, the tallest building in the world. This dynamic RGBW lighting system, integrating cutting-edge technology with the building’s architectural artistry, will debut during the UAE’s Eid Al...
ADAFSA signs strategic partnership with TII address pressing challenges in agricultural sector
Business & Money | Friday 29 November, 2024 7:24 am
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) announced the signing of a strategic agreement to enhance collaboration with Technology Innovation Institute (TII) during the Global Food Week, held at ADNEC Abu Dhabi from 26 to 28 November. ADAFSA-TII partnership will address...
DMCC builds web3, AI connectivity with vietnam to unlock $20 billion trade potential
Business & Money | Friday 29 November, 2024 7:21 am
DMCC – the leading international business district that drives the flow of global trade through Dubai – is connecting the Web3 and AI communities across Dubai and Vietnam, underscoring the immense potential for trade and investment in technology-driven sectors following the historic signing of...
Wizz Air Abu Dhabi launches new route to Varna, Bulgaria
Business & Money | Friday 29 November, 2024 7:19 am
Wizz Air Abu Dhabi has launched a new route to Varna, Bulgaria. The new route reaffirms the airline’s commitment to carrying the flag of ultra-low-cost travel in the region and unlocking an eclectic mix of travel opportunities for both residents and visitors of the UAE. Flights to Varna will ...
LuLu Retail opens Al Fakhriya store in Saudi Arabia
Business & Money | Friday 29 November, 2024 7:15 am
Lulu Retail Holdings inaugurated its new Al Fakhriya store in Dammam, Saudi Arabia. The Fakhriya store is its 57th location in the Kingdom, the company said in a statement. LuLu continues to work towards its plan to open more than 10 additional stores in Saudi Arabia during 2024, with...
EFG Hermes Advises on Maarif Education’s Landmark Acquisition of Ibn Khaldoun Education Company in Saudi Arabia
Business & Money | Friday 29 November, 2024 7:10 am
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that it had advised on Maarif Education’s 100% acquisition of Ibn Khaldoun Education Company (IKEC). This transaction, currently in the post-signing stage, positions...
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