Government | Sunday 13 August, 2023 9:24 am

Finance Minister approves amended executive regulations of real estate transactions tax

Mohammed Al-Jadaan, Minister of Finance and Chairman of the Zakat, Tax and Customs Authority (ZATCA), approved amendments to the executive regulations of the real estate transactions tax, Umm Al-Qura newspaper reported on Aug. 11.   The amendments will be effective as of the...

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Business & Money | Sunday 13 August, 2023 9:19 am

Viola Communications on-boards cohort of youth interns in support of International Youth Day 2023

Viola Communications, the region’s pioneering full-service 360 degree marcomms agency, has expanded its mentored internship programme for Summer 2023 and welcomed a new group of young budding entrepreneurs who seek inspiration and knowledge from experienced professionals in anticipation of...

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Business & Money | Sunday 13 August, 2023 9:03 am

du’s Youth Council celebrates International Youth Day

du, from Emirates Integrated Telecommunications Company (EITC), have hosted an exciting event earlier this week in celebration of International Youth Day. Organised by du’s Youth Council, the event aligned with the theme of 'Green Skills for Youth, Towards a Sustainable World' and reflected the...

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Business & Money | Saturday 12 August, 2023 2:26 am

EDGE signs strategic agreement with Brazilian Aero Engine Developer, Turbomachine

EDGE, one of the world’s leading advanced technology and defence groups, today signed a strategic agreement with Turbomachine, one of Brazil’s foremost turbine engine developers. Turbomachine specialises in research, innovation, and engineering and development of gas turbine engines and...

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Business & Money | Saturday 12 August, 2023 2:23 am

ADX’s profits total AED43 billion in one week, H1 results continue momentum

The Abu Dhabi Securities Exchange (ADX) witnessed its gains rise by nearly AED43 billion over the previous week’s trading sessions amid the ongoing announcements of semi-annual company results. The market value of stocks listed on the ADX grew to AED2.874 trillion at the close of today’s...

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Technology & IT | Saturday 12 August, 2023 2:18 am

Tassnief rates Mobily, Zain KSA

Simah Rating Agency (Tassnief) assigned Etihad Etisalat Co. (Mobily) 'AA- (pi)' rating on the long-term and "T-2" on the short-term. Meanwhile, it assigned Mobile Telecommunication Company Saudi Arabia (Zain KSA) 'A (pi)' and 'T-2' on the long and short-terms, respectively.   The...

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Business & Money | Saturday 12 August, 2023 2:16 am

ACWA Power Installed Largest Wind Turbine in Central Asia

ACWA Power, a Saudi-listed company and the world's largest private water desalination company, the first mover into green hydrogen, and a leader in energy transition, has successfully installed the first wind turbine for its 500MW Bash wind farm project, located in the Bukhara region of...

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Culture & Education | Saturday 12 August, 2023 2:02 am

RED SEA FILM FOUNDATION OPENS ACCREDITATION FOR 2023 FILM FESTIVAL AND SOUK

The Third Edition of the Red Sea International Film Festival has opened its early bird accreditation. Until September 18, 2023, filmmakers and professionals can purchase accreditation at half price, while students and media can register for free. Accreditation provides industry personnel with...

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Business & Money | Saturday 12 August, 2023 2:01 am

Azizi Developments enhances lighting at Riviera Beachfront, Pearl, & Amber

Azizi Developments, a leading private developer in the UAE, today announced momentous newly formed partnership with Controlium Building Technology Inc. and BEG Brück Electronic GmbH, world-renowned leaders in lighting control technologies. This strategic initiative promises to bring superior...

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Culture & Education | Saturday 12 August, 2023 1:58 am

Dubai Customs marks International Youth Day with panel session on sustainable development and youth investment

Experts recommended that the UAE invest further in its youth, as they are the cornerstone of the future and the driving force for sustainable development towards the UAE Centennial 2071 goals. Imparting the culture of innovation in younger generations and equipping them with the skills and...

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