During a visit to Mumbai, HE Dr. Thani Al Zeyoudi highlighted that non-oil trade between the UAE and India rose to $37.6 billion in H1 2025, propelled by the CEPA. focus keyphrase: UAE-India trade growth. MUMBAI: During an official visit to Mumbai, HE Dr. Thani Al Zeyoudi met with india’s minister of industry and commerce […]
Indian businesses top Dubai Chamber’s H1 2025 new company registrations with 9,038 members, reflecting nearly 15% year-on-year growth. DUBAI: Indian entrepreneurs and investors continue to strengthen their presence in Dubai, as new data from the Dubai Chamber of Commerce revealed that Indian-owned businesses ranked first among new non-UAE members in the first half of 2025. […]
The UAE-New Zealand CEPA has officially come into effect, expected to raise bilateral trade to over $5 billion by 2032. ABU DHABI: The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and New Zealand has officially entered into force, marking a major milestone in strengthening economic ties between the two nations. The agreement, […]
UAE FTA urges businesses to maintain records and submit Corporate Tax returns within nine months to avoid penalties. ABU DHABI: The Federal Tax Authority (FTA) has reminded all Taxable Persons in the UAE of their obligation to retain accurate records and supporting documentation when filing Corporate Tax Returns. The records are essential for verifying a […]
UAE’s ENOC YES Rewards and GEMS Rewards join forces, enabling loyalty points exchange for fuel, retail, and educational benefits. DUBAI: Two of the UAE’s leading loyalty programmes — ENOC Group’s YES Rewards and GEMS Education’s GEMS Rewards — have announced a new partnership that allows members to exchange points seamlessly across both platforms. The collaboration, […]
Dubai International Chamber attracted 31 multinational companies and 112 SMEs in H1 2025, marking a 138% growth in FDI inflows. DUBAI: Dubai International Chamber has announced strong results for the first half of 2025, with achievements that reinforce the emirate’s position as a global hub for business and foreign direct investment. The chamber attracted 143 […]
Aramco has sealed an $11bn leaseback deal for Jafurah gas facilities with a BlackRock-led consortium to boost Saudi gas output. RIYADH: Saudi Aramco has signed an $11 billion lease and leaseback agreement for key gas facilities at the Kingdom’s Jafurah field with a global investor group led by funds managed by Global Infrastructure Partners (GIP), […]
Salik pulled in a massive $109 million in just three months, thanks to new toll gates and a game-changing pricing system. DUBAI: If you thought your toll payments were small change, think again — Dubai’s toll operator Salik just turned them into a huge payday. The company made a whopping AED 400 million ($109 million) […]
Dubai Chamber of Commerce reports 18% export growth to AED171.9 billion and welcomes 35,532 new members in H1 2025. DUBAI: The Dubai Chamber of Commerce has announced strong performance results for the first half of 2025, highlighting a significant 18% rise in members’ exports and re-exports to AED171.9 billion. The chamber also welcomed 35,532 new […]
Burjeel Holdings growth accelerates with a 129% Q2 net profit jump, driven by oncology expansion, operational efficiency, and regional service innovation. Abu Dhabi: Burjeel Holdings PLC has reported exceptional Q2 2025 results, with net profit rising 128.9% to AED 148 million, reflecting strong Burjeel Holdings growth and strategic execution across the MENA region. Revenue climbed […]
China’s robotics industry is booming in 2025, with over 930,000 related enterprises and massive gains in AI, production, and industrial applications. SHENZHEN: China’s robotics industry has recorded strong momentum since the start of 2025, driven by rapid technological advancements, expanded real-world applications, and increased industrial investment. A recent report by China Central Television (CCTV) reveals […]
