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Business Finance

UAE rejects rumours of capital transfer restrictions, reaffirms investor-friendly policies

Photo Credit : WAM The UAE Ministry of Economy and Tourism has dismissed reports circulating on social media that claim the country is imposing restrictions on capital movement or limiting foreign investors’ ability to transfer and manage their funds. In an official clarification, the Ministry confirmed that such claims are inaccurate and do not reflect […]
Business Law Tech UAE

Social Media Laws in UAE Explained

The impact of social media on the UAE  Social media has a great influence on the activities of various companies and businesses in the United Arab Emirates. Social media platforms like Instagram, TikTok, YouTube, LinkedIn and WhatsApp have become integral marketing and communication tools. Nevertheless, due the standards set by the authorities in the UAE, […]
Business Finance UAE

Nasdaq Dubai to Close Temporarily on March 2–3

Photo Credit : WAM Dubai, UAE — The Dubai Financial Services Authority (DFSA) has announced the temporary closure of Nasdaq Dubai on Monday, March 2, 2026, and Tuesday, March 3, 2026. The decision applies to all trading activities on Nasdaq Dubai, the international financial exchange headquartered in the Dubai International Financial Centre (DIFC). Nasdaq Dubai […]
Business

ADDED, Keeta Partner to Advance Data-Driven Policies in Abu Dhabi’s Food Delivery Sector

Photo Credit : WAM The Abu Dhabi Department of Economic Development (ADDED) has signed a Memorandum of Understanding (MoU) with Keeta, the international on-demand food delivery platform backed by global technology leader Meituan, to strengthen data-driven policymaking and enhance competitiveness across the emirate’s food delivery, transportation, and logistics sectors. The
Business Saudi Arabia

Saudi Arabia Revises Labour Penalties, SR10,000 Fine for Hiring Workers Without Permits

Saudi Arabia has introduced sweeping amendments to its labour violations and penalties schedule, including a SR10,000 fine for employing a foreign worker without a valid work permit. The decision was issued by Ahmed Al Rajhi, Minister of Human Resources and Social Development, as part of broader efforts to strengthen labour market regulation, protect workers’ rights, […]
Business Kuwait UAE

UAE Marks Kuwait National Day, Reaffirms Strategic Ties

Photo Credit : WAM United Arab Emirates has joined the State of Kuwait in celebrating Kuwait’s National Day on February 25, underscoring the strong fraternal bonds and strategic partnership that unite the two Gulf nations. The occasion highlights decades of close cooperation between the leadership and peoples of both countries, built on shared history, mutual […]
Business

Dubai Ports Authority joins International Association of Ports and Harbors to boost global maritime collaboration

Photo Credit : WAM Dubai Ports Authority (DPA), operating under the Ports, Customs and Free Zone Corporation, has become a regular member of the International Association of Ports and Harbors (IAPH), marking a significant step in Dubai’s efforts to strengthen its global maritime footprint. The membership aligns with Dubai’s strategy to deepen engagement on influential […]
Business News UAE

Tax Transparency Seen as Key to Unlocking UAE SME Financing

Dubai: Small and medium enterprises (SMEs) are widely regarded as the backbone of the UAE economy. Representing 94 per cent of all registered companies and employing 86 per cent of the private sector workforce, they span traditional trading shops, family-owned businesses, and innovative tech start-ups  all driving the nation’s growth story. Yet, despite this critical