Non-oil GDP up 5.9% in first 9 months: Cabinet
ABU DHABI 6 January 2024: The non-oil GDP (at constant prices) of the first nine months of the year 2023 witnessed a significant growth rate of 5.9 per cent compared to the same period of […]
Business
Artificial Intelligence: Tech trends in higher education
There is no universally accepted definition of Artificial Intelligence (AI), though generally it can be described as ‘the use of digital technology to create systems capable of performing tasks commonly thought to require human intelligence’. […]
Alba Cars sheds light on thriving UAE used car market
DUBAI 17 June 2023: Alba Cars, a leader in the automotive industry, today shares insights into the vibrant and ever-evolving used car market in the United Arab Emirates (UAE). It said the global demand for […]
UAE to tax foreign owners of property
ABU DHABI 9 June 2023: Foreign companies and other non-resident juridical persons will be subject to UAE Corporate Tax on income derived from real estate and other immovable property located in the UAE and will […]
‘Second Salary’ for UAE residents retirement plan
DUBAI 18 April 2023: National Bonds has announced the launch of Second Salary, a customised savings solution created for the UAE’s national and expat population to generate supplementary income. The plan is the first part […]
Real GDP growth projected at 4.3% in 2024
ABU DHABI 18 April 2023: The Central Bank of the United Arab Emirates has projected the country’s annual real GDP growth to expand by 4.3 percent in 2024. “After three quarters of high growth, the […]
Licence issued for vertical takeoff-landing aircraft
DUBAI 20 March 2023: The UAE Regulations Lab at the General Secretariat of the Cabinet has issued a licence for an electric cargo aircraft as part of its efforts to promote sustainable and eco-friendly transportation […]
Sharjah approves max 5% private school fees rise
SHARJAH 20 March 2023: The Sharjah Private Education Authority (SPEA) has approved increasing school fees for the next academic year 2023-2024, in varying proportions, according to the results of the Itqan programme to assess the […]
First 100% plant-based meat factory in Mideast opens
DUBAI 20 March 2023: The Iffco Group, one of the UAE’s largest producers of food products, has opened the first 100-percent plant-based meat factory in the region, in Dubai. Plant-based products that are not meat […]
6% fees cut helps AD property investors save Dh37.2mn
ABU DHABI 20 March 2023: The Department of Municipalities and Transport (DMT) has revealed that service fees for real estate units’ owners and investors in development projects were reduced by 6 per cent during 2022. […]