UAE telecoms group e& buys 9.8% stake in Vodafone for $4.4 billion

The Vodafone emblem is seen on the Cellular World Congress in Barcelona, Spain, February 28, 2018. REUTERS/Sergio Perez/File Photograph Register now for FREE limitless entry to Reuters.com Register DUBAI/LONDON, Could 14 (Reuters) – United Arab Emirates-based telecoms firm e& (ETISALAT.AD) has purchased a 9.8% stake in Vodafone (VOD.L) for $4.4 billion, days after saying it … Read more

UAE group pays wealthy tributes to Kuwaiti artist Tarek Al-Ghoussein

Abu Dhabi: Distinguished Kuwaiti artist and tutorial Tarek Al-Ghoussein died in New York on Saturday. He was 60 years previous, and had spent a big a part of his life within the UAE. The information of his passing was introduced by The Third Line artwork gallery in Dubai. “It’s with a heavy coronary heart that … Read more

Workers accuse KPMG of ignoring complaints about UAE boss

KPMG’s international management has been accused by workers of failing to behave on written complaints in regards to the conduct of the chief govt of the accounting agency’s enterprise within the United Arab Emirates. Present and former KPMG workers advised the Monetary Occasions that they had contacted the agency’s international leaders by e mail and … Read more

Excessive oil, relocation help driving UAE actual property restoration:

The UAE actual property market’s restoration from the Covid-19 pandemic is accelerating, supported by enhancing financial efficiency fuelled by excessive oil costs in addition to growing relocations, significantly from Russia, based on a report by Fitch rankings.    However, some sectors, together with the Dubai workplace market, could take a number of years to completely … Read more

Excessive oil, relocation assist driving UAE actual property restoration:

The UAE actual property market’s restoration from the Covid-19 pandemic is accelerating, supported by bettering financial efficiency fuelled by excessive oil costs in addition to rising relocations, significantly from Russia, in keeping with a report by Fitch scores.    However, some sectors, together with the Dubai workplace market, could take a number of years to … Read more

Eid Al Adha 2022 in UAE: Staycation offers; buying reductions of as much as 80%; Dh1 million raffle attracts – Information

Listed here are one of the best gross sales and promotions to get pleasure from throughout the vacation Printed: Thu 7 Jul 2022, 11:42 AM UAE residents and vacationers are all set for the four-day Eid Al Adha weekend. Authorities throughout the emirates have rolled out a number of promotions that supply as much as … Read more

What You Want To Know About Direct Taxation Of Enterprise In The UAE | Al Rowaad Advocates & Authorized Consultants

The UAE has not imposed company taxes on income of most companies or different companies traditionally. That stated, the Authorities of UAE might be introducing company tax to be levied on companies, efficient for monetary years beginning on or after 1 June 2023. This new tax regime is being launched to cement UAE’s place because … Read more

KPMG’s enterprise in UAE cut up by associate infighting and coup try

KPMG’s enterprise within the United Arab Emirates has been cut up by infighting, with the chief government surviving an tried coup after two senior companions raised governance issues and have been subsequently fired. The accounting group’s Decrease Gulf enterprise was pitched into turmoil final week as a gaggle of companions deliberate a secret poll to … Read more

UAE Authorities Forces Amazon To Block LGBTQ Merchandise From Native On-line View

Amazon AMZN has acquiesced to stress from the federal government of the United Arab Emirates (UAE) to limit its residents from accessing the platform’s LGBTQ-related merchandise. What Occurred: The New York Instances reported that the UAE authorities pressured the e-commerce large with the specter of penalties if it didn’t adjust to its demand. Amazon’s Restricted Merchandise … Read more

Amazon bows to UAE stress to limit LGBTQ+ search outcomes | Amazon

Amazon has bowed to stress from the United Arab Emirates and restricted search outcomes for LGBTQ+-related merchandise corresponding to books and rainbow-coloured flags on its web site within the nation. The corporate determined to limit the searches after being threatened with penalties by the UAE authorities, based on the New York Occasions which first reported … Read more

Now you can store this reasonably priced Spanish trend model on-line within the UAE

Love Zara? Examine this out… Trying to replace your summer season wardrobe? For those who’ve shopped your approach round all the net shops and your go-to spots within the mall, you’ll be happy to listen to a brand new e-commerce web site has launched within the UAE. Hailing from Spain, now you can store Lefties … Read more

UAE: Checklist of jobs to be automated or changed by expertise in 10 years – Information

Pattern is attributed to developments in e-commerce, superior manufacturing gear, on-line buying File By A Employees Reporter Printed: Mon 27 Jun 2022, 1:14 PM About 40 per cent of all jobs are anticipated to change into out of date within the subsequent 10 years, a examine commissioned by the UAE’s Ministry of Human Assets and … Read more

UAE retail banks fail to satisfy on-line customer support expectations

Retail banks throughout the United Arab Emirates proceed to wrestle with curbing buyer complaints on on-line channels, based on the newest Banking Sentiment Index carried out by KPMG in partnership with DataEQ. For his or her report, the researchers analysed over 150,000 tweets mentioning banks in 2021, categorising the tweets throughout completely different sentiments. Mentions … Read more

Digital Asset Trade Coinmena Secures Provisional License Permitting It to Function within the UAE – Bitcoin Information

Coinmena, the Bahrain-headquartered and sharia-compliant digital asset alternate, introduced lately that it had secured a provisional digital property license from Dubai’s Digital Belongings Regulatory Authority (VARA). The license permits Coinmena to not solely develop its actions however to “additional strengthen [its] banking relationships throughout the UAE.” Increasing Coinmena’s Actions within the UAE A Bahrain-headquartered digital … Read more

Avalon Properties gives the best actual property portfolio within the UAE

Investing in properties is without doubt one of the superb methods to protect and develop your capital. “Our mission is to assist folks fulfill their desires of proudly owning properties with the absolute best costs and services obtainable,” stated Ahmad Ibrahim. “Since our inception, now we have maintained a tradition of belief and integrity which … Read more

US envoy to fight antisemitism to make first journey to Saudi Arabia, UAE, Israel

The US particular envoy to fight antisemitism will go to Saudi Arabia, the UAE and Israel for an 11-day journey, the State Division introduced Thursday. Deborah Lipstadt, the particular envoy to observe and fight antisemitism, is making her first worldwide journey since taking up the position in April. For the newest headlines, observe our Google … Read more

UAE ministries organise workshop to advertise tolerance in society

Dubai: The Ministry of Well being and Prevention (MoHAP) has organised a coaching workshop, in cooperation with the Ministry of Tolerance and Coexistence, to advertise the values of tolerance amongst workers and supply employees with sensible data and expertise on group coexistence. Held on the ministry’s headquarters in Dubai, the two-day occasion aimed to unleash … Read more

ZāZEN Properties supplies insights on the way forward for the UAE residential actual property market

Homegrown actual property developer, ZāZEN Properties pronounces a few of their future insights on the UAE residential markets based mostly on the current traits and updates within the trade, particularly over the previous couple of months. Whereas rental charges are rising throughout the nation, actual property demand continues to growth. A significant shift in shopping … Read more