January 16, 2024

Navigating the Year Ahead: Freelancers, Small Businesses, and Corporate Tax Legislation.

With the commencement of a new year, we are greeted by resolutions and fresh starts. For freelancers and small businesses in the United Arab Emirates, the introduction of the new UAE Corporate Tax Law (Federal-Decree Law No.47 of 2022) signifies a notable shift in the tax landscape. This legislation takes effect for financial years beginning […]

January 16, 2024

The Minister of the UAE emphasizes that AI serves as the driving force for the future.

During a session titled “Generative AI: Steam Engine of the Fourth Industrial Revolution” at the 54th World Economic Forum in Davos, Omar Sultan Al Olama, the Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, emphasized that the rapid growth observed in the global generative artificial intelligence market underscores AI’s pivotal role […]

January 15, 2024

UAE and Saudi Businesses Pivot Sourcing Strategies Amidst Rising Red Sea Tensions

As geopolitical tensions escalate in the Red Sea, businesses in the United Arab Emirates (UAE) and Saudi Arabia are facing the impact of increased shipping costs and extended delivery times from Europe. Recent military actions by the US and the UK against Houthi targets have triggered a surge in shipping costs, particularly on routes from […]

January 15, 2024

ADIB Launches Groundbreaking B2B Marketplace, Empowering SMBs in the UAE

In a strategic move to bolster small- to medium-sized businesses (SMBs) in the United Arab Emirates (UAE), Abu Dhabi Islamic Bank (ADIB) has unveiled the ADIB Business Souq, a cutting-edge Business-to-Business (B2B) marketplace. This innovative platform aims to provide digital access to a wide array of essential services for SMBs, fostering convenience, accessibility, and community-building […]

January 15, 2024

Broker’s License Revoked by UAE Central Bank Due to Non-Compliance.

The Central Bank of the United Arab Emirates (CBUAE) has revoked the operational license of First Insurance Brokers Company, marking the second insurance firm to face such action in recent weeks due to non-compliance issues. The decision is in line with the UAE’s rigorous regulatory framework aimed at upholding transparency and integrity within the insurance […]

January 15, 2024

Pioneering Growth and Sustainability: Mohamed Shelbaya’s Leadership Journey at PepsiCo North Africa

Mohamed Shelbaya stands at the helm of PepsiCo North Africa as its CEO, overseeing one of the world’s foremost convenient food and beverage companies. Leading in the dynamic region of North Africa, part of PepsiCo’s significant business sector—AMESA (Africa, Middle East, South Asia)—Shelbaya brings over 28 years of PepsiCo experience and a profound understanding of […]

January 15, 2024

Tech Pioneer Aayushman Dalmia: Navigating Innovation with Zoftware and Beyond

Aayushman Dalmia stands at the helm of innovation as the Founder and CEO of Zoftware, a cutting-edge online B2B platform dedicated to empowering SMEs with robust software solutions. With a vision to cater to the tech needs of businesses, Zoftware has rapidly grown to serve over 6,000 software companies and 500 technology service providers across […]

January 15, 2024

Prestigious cocktail lounges in the UAE entice customers with a novel offering: opulent ice sourced from Arctic glaciers.

A Greenland-based company named Arctic Ice is harvesting ice from the country’s diminishing glaciers. The startup claims to sell the ‘purest ice in the world’ to exclusive cocktail bars in Dubai for chilling drinks. Arctic Ice emphasizes that its iceberg ice has minimal taste, preventing any alteration of beverage flavors as it melts, unlike ice […]

January 15, 2024

Crucial Business Success Insights in the UAE Offered at Gulf News Seminar.

As the UAE solidifies its position as the leading business hub in the region, Gulf News presents an exclusive seminar, ‘Navigating Business in the UAE,’ aimed at helping participants unlock the myriad benefits the nation offers for business success. Tailored for start-ups, SMEs, and multinational enterprises, this full-day event, scheduled for January 23 at the […]

January 15, 2024

As Tensions Rise in the Red Sea, UAE, and Saudi Businesses Seek Suppliers Beyond Europe – Emphasizing Cost Efficiency

Dubai: Amidst the escalating Red Sea tensions, businesses in the UAE are actively seeking alternative markets to counter the escalating costs associated with shipments from Europe and the prolonged transit times via the Cape of Good Hope. Following recent Red Sea incidents involving the US and the UK launching strikes against Houthi targets, shipping costs […]

1 9 10 11 12 13 261