12 Shawwal 1445 - 21 April 2024
    
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Eye of Riyadh

MoF launches 'digital public consultation' on potential implementation of R&D Tax incentive
Government | Sunday 21 April, 2024 10:53 am
The Ministry of Finance (MoF) today announced the launch of a digital public consultation to gather the views of relevant stakeholders on the potential implementation of a Research & Development (R&D) Tax Incentive under the UAE Corporate Tax law. The consultation will be open from...
Ajman real estate transactions reach AED4.3 billion in Q1 2024
Business & Money | Sunday 21 April, 2024 10:50 am
The total value of real estate transactions in Ajman reached AED4.3 billion during the first quarter of 2024, reflecting a remarkable growth of over 26.6% compared to the same period in 2023. Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Department of Land and Real Estate Regulation...
AD Ports Group, ADNOC Distribution sign agreement for marine lubricants supply
Government | Sunday 21 April, 2024 10:46 am
AD Ports Group, the leading facilitator of global trade, logistics, and industry, has announced today that its Ports Cluster is expanding its business remit to the global distribution of marine lubricants. The announcement came following a strategic agreement inked with ADNOC Distribution, the ...
PureHealth Holding appoints Q Market Makers LLC as liquidity provider
Business & Money | Sunday 21 April, 2024 10:42 am
PureHealth Holding PJSC (PureHealth), the largest integrated healthcare network in the Middle East, is pleased to announce its collaboration with Q Market Makers LLC (QMM), who has been appointed as its liquidity provider. This partnership underscores PureHealth’s commitment to enhancing its...
Non-oil foreign trade through Abu Dhabi's ports reached AED281.9 billion in 2023
Government | Sunday 21 April, 2024 10:36 am
The total volume of non-oil foreign trade through the border crossings of the Emirate of Abu Dhabi amounted to AED281.903 billion during the year 2023, with a growth rate of 8 percent compared to AED260.435 billion in 2022. Imports grew by 19 percent during the past year, reaching a value of...
Subscription to April’s issue of Sah to start tomorrow; return set at 5.59%
Government | Sunday 21 April, 2024 10:36 am
Subscription to the government-backed savings product for individuals (Sah) will start tomorrow, April 21. Shariah-compliant securities are issued by the Saudi Ministry of Finance and arranged by the National Debt Management Center (NDMC). The return is set at 5.59%. The allocation is set to...
Emaar Properties to cover all costs for repairs of homes within its communities affected by recent severe weather in Dubai
Business & Money | Sunday 21 April, 2024 10:33 am
Emaar Properties announced that it will cover all costs for repairs of homes within its communities affected by the recent severe weather in Dubai, ensuring that residents face no financial burden. Emaar Properties is deeply committed to the well-being of its community. Since the severe rains...
UAE Chamber boosts trade cooperation with Colombia
Government | Sunday 21 April, 2024 10:29 am
The UAE Federation of the Chambers signed two Memoranda of Understanding (MoUs) with Colombian counterparts to boost investment and trade opportunities between the two nations. These MoUs also establish a joint business council. The agreements align with the recently signed Comprehensive...
DEWA launches the second edition of its technical infrastructure manual
Government | Sunday 21 April, 2024 10:26 am
Dubai Electricity and Water Authority (DEWA) launched the second edition of its Infrastructure NOC (No-Objection Certificate) Technical Manual, to be a reference for contractors, consultants, and developers accredited by DEWA. This is part of DEWA’s efforts to promote business in the Emirate....
Jarir lowers prices to ensure strong market share: Chairman
Business & Money | Sunday 21 April, 2024 10:20 am
Jarir Marketing Co. (JMC) continues to boost its market share, which will result in further growth, Chairman Muhammad Alagil told Argaam. He added that Jarir reduced prices to ensure an increase in its market share amid fierce competition in the retail sector, leading to a decrease in profit...
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