Business & Money | Monday 7 October, 2024 8:00 am

UAE trade mission to visit Malta in 2025, explore establishing joint business council

The Federation of UAE Chambers of Commerce and Industry (UAE Chambers) and the Malta Chamber of Commerce discussed the possibility of establishing a joint business council under the umbrella of the chambers, along with plans for a UAE trade mission to visit Malta in 2025 to explore available...

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Business & Money | Monday 7 October, 2024 8:00 am

UAE ranks 5th largest global trading partner of Jordan with $4.2 billion in 2023: Thani Al Zeyoudi

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, affirmed that the UAE, under the directives of its wise leadership, is keen on enhancing constructive cooperation with various countries through its Comprehensive Economic Partnership Agreements (CEPA) programme, which contributes ...

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Business & Money | Monday 7 October, 2024 8:00 am

WETEX 2024 supports UAE Consensus in driving climate action

The Water, Energy, Technology and Environment Exhibition (WETEX) 2024 supports the COP28 Pledge to triple global renewable energy generation capacity and the historic UAE Consensus to double energy efficiency worldwide. WETEX gathers innovative solutions from thousands of local and international...

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Business & Money | Monday 7 October, 2024 8:00 am

SAIF Zone to participate in 1st edition of Global Rail Transport Infrastructure Exhibition and Conference

Sharjah Airport International Free Zone (SAIF Zone) is set to participate in the first Global Rail Transport Infrastructure Exhibition and Conference (GRTIEC), running from 8th to 10th October at ADNEC. The event, under the theme Setting Transport Infrastructure and Global Connectivity in...

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Business & Money | Monday 7 October, 2024 8:00 am

Al-Etihad Insurance signs SAR 391.2M contract with HRSD Ministry

Al Etihad Cooperative Insurance Co. signed today, Oct. 6, a contract worth SAR 391.25 million with the Ministry of Human Resources and Social Development (HRSD), according to a Tadawul statement. The insurer said the one-year contract is for insurance coverage of the financial dues of...

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Business & Money | Monday 7 October, 2024 8:00 am

Ministry of Commerce issues 39,800 e-commerce registers in Q3 2024

The Ministry of Commerce issued 39,800 e-commerce registers in Q3 2024, up nearly 9.4% from roughly 36,300 in the same period a year ago, according to its latest bulletin on the performance of the Saudi business sector. Meanwhile, total issued commercial registers amounted to 135,900 during...

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Business & Money | Monday 7 October, 2024 8:00 am

Lana opens medical waste plant in Aseer Province

Lana Medical Co. (environmental segment) opened a high-risk medical waste treatment plant in Aseer Province after securing the necessary regulatory approvals and licenses, according to a Tadawul statement. The plant will serve the Aseer region and southern Saudi Arabia,...

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Tourism & Hospitality | Sunday 6 October, 2024 12:37 pm

New Murabba Showcased Visionary Hospitality Development at Future Hospitality Summit

New Murabba Development Company – a PIF Company, proudly announced its platinum sponsorship of the Future Hospitality Summit, that took place from September 30 to October 2 in Dubai. As a forward-thinking player in the hospitality industry, New Murabba is committed to seizing opportunities and...

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Business & Money | Sunday 6 October, 2024 10:31 am

Ministry of Finance announces amendments to Executive Regulations of Federal Decree-Law on Value Added Tax

The Ministry of Finance announced that the UAE Cabinet has approved Decision No. 100 of 2024, which amends certain provisions of the Executive Regulations of Federal Decree-Law No. 8 of 2017 on Value Added Tax (VAT).The Ministry emphasised that these amendments reflect its ongoing commitment to...

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Business & Money | Sunday 6 October, 2024 10:28 am

Federal Tax Authority participates in cooperation forum of Belt and Road Initiative in Hong Kong

The United Arab Emirates, represented by the Federal Tax Authority (FTA), participated in the 5th Forum on Cooperation between Tax Administrations for the Belt and Road Initiative, which was held in Hong Kong. The three-day forum was attended by representatives from tax authorities,...

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