UAE: Dnata Catering Expands Its presence In Australia First ever

UAE Dnata Catering Expands Its presence In Australia First ever

Dnata is a leading company in Dubai. It operates in the capacity of being the largest global air and travel services provider. Over time, it has emerged to be a phenomenal food catering company that is now expanding its footprint across different nations such as Australia. Dnata Partners is contributing massively to the gross domestic … Read more

New UAE Law Changes Minimum Age Limit For Starting Business

New UAE Law Changes Minimum Age Limit For Starting Business

Under the new Commercial Transactions Law of UAE, the minimum age for starting or handling a business has been revised to eighteen years. According to the Ministry of Economy, the new law will help boost the business environment in the UAE enabling more individuals to start their own entrepreneurship. The announcement of these new laws … Read more

Sheikh Mohammed Introduces A Strategy For UAE Tourism To Draw $100 Billion In Capital

Sheikh Mohammed Introduces A Strategy For UAE Tourism To Draw $100 Billion In Capital

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, on Friday, announced a national tourism strategy to attract 40 million hotel guests by 2031 in what is perceived as a special effort to revive and boost the economy. By targeting a massive Dh100 billion in tourism investment to … Read more

Dubai Real Estate Transactions Amounting Up To $490m (Aed1.51bn) On Monday

Dubai Real Estate Transactions Amounting Up To $490m (Aed1.51bn) On Monday

After Sharjah and Abu Dhabi, Dubai is the latest emirate to showcase a massive surge in revenue collection with regard to the real estate industry. According to the Dubai Land Department, the Dubai real estate market recorded transactions worth $490m (AED1.51bn) on Monday. The prospering Dubai real estate market didn’t slow down as a new … Read more

Emirates Skyrocketed To A Share Price Record Dh4.2b Profit

Emirates Skyrocketed To A Share Price Record Dh4.2b Profit

Another major company recently from the financial capital of UAE Dubai has reached record stakes in terms of the price of a single share in the stock market. The world-famous airline company Emirates is the one reported to reach a figure of Dh4.2 billion, around 1.6 billion in US dollars. It has been reported according … Read more

UAE Government Passes New Cooperative Law: Due In December

UAE Government Passes New Cooperative Law Due In December

According to a top official of the Ministry of Economy, UAE has introduced a new cooperative law that would encourage members of the community to found cooperatives in new industries and diversify their businesses in order to expand their contributions to the UAE’s non-oil gross domestic product (GDP) to 5% by 2031. Abdullah bin Ahmed … Read more

Employees At Risk As Meta Prepares For Massive Layoff After Twitter!

Meta Prepares To Layoff

In what could be termed as one of the largest layoffs to date at a major technology corporation in a year, Facebook parent Meta Platforms Inc is preparing to cut a long line of their employees from Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday. According to the people, thousands of … Read more

Elon Musk Sold $4 Billion Worth Of Tesla Shares

Elon Musk Sold $4 Billion Worth Of Tesla Shares

Following the successful completion of his $44 billion takeover of Twitter, Elon Musk has reportedly sold an additional $3.95 billion value of shares in his electric vehicle manufacturer Tesla. Musk reportedly sold 19.5 million more shares in Tesla, according to a number of sources and documents filed with the Securities and Exchange Commission that made … Read more