Tag: UAE Business News
Abu Dhabi’s FAB aids ADQ’s digital bank with legacy banking license...
First Abu Dhabi Bank (FAB) has obtained shareholder approval to transfer its legacy FGB (First Gulf Bank) banking license to ADQ, one of the...
UAE unveils “Circular Economy” initiative to hasten transition with digital technology
UAE Ministry of Economy, in partnership with Microsoft, the Intesa Sanpaolo Innovation Centre and the Italian Cariplo Factory, has announced the launch of the...
Innovation in key areas can unlock $18trln worth trade opportunities; DMCC...
A recent report by Dubai Multi Commodities Centre (DMCC) observes that the application of technology to trade, the growth of cross-border services, innovation in...
UAE’s Injazat and South Korea’s Born2Global unite to expedite innovation
UAE's market leader in Digital Transformation, Cloud, and Cyber Security, Injazat has entered into a strategic alliance with South Korean start-up hub Born2Global Centre...
ADQ injects $1bn into LuLu for Egypt business expansion
Abu Dhabi's leading holding company ADQ has entered into an agreement with LuLu Group International Holdings (LIHL), paving the way for an investment of...
UAE approves 1st phase of 33-initiative strategy for economic revival
The first phase of UAE’s "33-initiative strategy" developed for recovering and turbo-charging the country’s economic growth got a green signal from a high-level interim...
All-in-one eCommerce portal GoBazzar set to arrive in UAE
GoBazzar, a new price comparison and marketplace for eCommerce which operates from Dubai, is scheduled to go live on 20th October 2020 in the...
“VAT-free special offers” are misleading; FTA
UAE's Federal Tax Authority (FTA) has explained that "VAT-free special offers" are misleading and unlawful because goods and services are not actually supplied without...
