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News

UAE Indirect Taxes Yield AED10-11 billion Annually: MoF Undersecretary

Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, revealed that indirect taxes in the UAE generate between AED…

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Business

DP World kicks off Maritime Construction at new $1.2 billion port in Senegal

The arrival of the dredger Willem Van Rubroeck in Ndayane this month marks the start of maritime works for the…

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Business

Dubai Real Estate has another Busy Month with Property Sales worth AED40 billion

Dubai’s real estate market has enjoyed another busy month, recording a total of 13,502 property sales with an overall value…

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News

UAE Foreign Aid hit AED 360 billion since 1971

In 2024, the UAE continued to lead in international humanitarian efforts, reaffirming its commitment to promoting the spirit of international…

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Technology

Gartner Forecasts Worldwide Public Cloud End-User Spending to Total $723 Billion in 2025

Worldwide end-user spending on public cloud services is forecast to total $723.4 billion in 2025, up from $595.7 billion in…

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Business

Singapore’s First APAC Fund to Invest up to AED 5 billion in Dubai’s AMIS Development 

First APAC Fund VCC (Fund), a leading Singaporean investment fund, has signed a Memorandum of Understanding (MOU) to invest up…

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Technology

Halcyon Closes $100M Series C Funding Round at $1 Billion Valuation 

Halcyon is excited to announce it has closed $100M in Series C funding led by Evolution Equity Partners with participation from Bain Capital…

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Business

Keturah Sales Exceeds aed 6.1 Billion in 2024 Projects Witness Huge Demand

Keturah, the revolutionary global luxury wellbeing real estate and hospitality concept announced its total sales for Keturah Reserve and ‘The…

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News

Etihad Airways Reports AED 1.4 billion in Profit for 9M 2024, up 66% YoY

Etihad Airways today announced its financial results for the nine months ended 30th September 2024, achieving AED 1.4 billion (U.S.$368…

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News

DEWA Reports Highest Top Line Results in History with a Record first 9-month Revenue of AED 23.5 billion and EBITDA of AED 11.8 billion  

Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider,…

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