Thursday, November 21, 2019

Money & Business

Latest updates on Middle East businesses,Growth of Financial Sectors,Implementation Of Latest Technology and Role of Consumers.

British dad facing jail in Dubai after counterfeit note mix-up

Dad-of-two Billy Barclay was handcuffed and arrested in front of his horrified wife and two young kids at Dubai airport. Barclay, 31, is accused...

UK is largest foreign direct investor in the UAE, says official

The UK is the largest foreign direct investor in the UAE, with 6,000 British companies operating in the country in various sectors, according to...

Allowing Saudi women to drive will save SR20bn: Official

Abdullah Ahmed Al-Moghlooth, a member of the Saudi Economic Association (SEA), praised King Salman’s decision to allow women to drive, saying he believes this...

Tax authority clarifies price-setting mechanism for excise tax in UAE

Following the introduction of excise tax in the UAE on October 1, the Federal Tax Authority (FTA) has clarified that the Excise Goods Price...

2017 billionaires’ list: Meet the richest people in UAE

In this year's rankings released by Forbes, at least five UAE residents made it to the top five list and their combined fortunes ballooned...

Saudi Arabia to build world’s largest Islamic museum in Croatia!

A Saudi delegation visited Croatia. They visited the Town Museum of Vukovar, went on a tour of the Danube River, and was also introduced...

Top regulator says Saudi reforms carry execution risk but huge opportunities

One of Saudi Arabia's top financial regulators has admitted there are "execution risks" surrounding the huge reforms the country is embarking on, but spoke...

These new images of the Mars simulation city show just how...

Earlier this year, UAE rulers revealed the Mars 2117 Strategy – an ambitious project which aimed to establish the “first inhabitable human settlement in Mars by 2117”. In...

UAE’s price comparison portal pulls in $10m

Dubai-based Souqalmal.com, the price comparison website for the banking and insurance sector, has pulled in some major investor interest to the tune of $10...

Up to Dh11,000 aid for deserted Indian wives in UAE

There are several support mechanisms offered to Indian women deserted by their husbands in the UAE including a financial aid up to $3000 (Dh11,...
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