Technology & IT | Sunday 30 July, 2023 10:26 am

HONOR Announces the Launch of HONOR 90 5G, HONOR 90 Lite & HONOR Pad X9

The global technology brand HONOR has officially revealed its latest additions HONOR 90 5G, HONOR 90 Lite 5G and HONOR Pad X9 at an exceptional event under theme “HONOR Mission Impossible”. The all-new devices showcase HONOR's cutting-edge AI technologies and best-in-class...

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Government | Sunday 30 July, 2023 9:28 am

Saudi Arabia welcomes G20 achievements to find sustainable solutions to environmental challenges

The Kingdom expressed its appreciation for the accomplishments of the G20 in finding sustainable solutions to environmental challenges and strengthening efforts to tackle land degradation, a significant threat to biodiversity, food security, and climate change adaptation. This acknowledgment was...

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Environment & Energy | Sunday 30 July, 2023 9:25 am

Borouge reports first-half revenues of $2.8 billion

Borouge Plc today announced its financial results for the three- and six-month periods ended 30th June 2023, with first-half revenues of $2.8 billion and adjusted EBITDA of $978 million.The Company’s ambitious Value Enhancement Programme delivered a material $253 million impact in efficiencies...

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Government | Sunday 30 July, 2023 9:22 am

MoF announces new cabinet decision setting additional conditions for investment funds' exemption from corporate tax

The UAE Ministry of Finance (MoF) today announced Cabinet Decision No. (81) of 2023, outlining additional conditions for Qualifying Investment Funds under the Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses. The Cabinet Decision stipulates additional conditions...

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Business & Money | Sunday 30 July, 2023 9:18 am

MoF announces schedule of administrative penalties for corporate tax violations

The UAE Ministry of Finance (MoF) today announced the issuance of Cabinet Decision No. (75) of 2023 regarding administrative penalties for violations related to the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (Corporate Tax Law). The Cabinet Decision specifies...

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Government | Sunday 30 July, 2023 9:15 am

MoF issues Cabinet Decision on Executive Regulation of New Tax Procedures Law

he UAE Ministry of Finance (MoF) today announced the issuance of Cabinet Decision No. (74) of 2023 on the Executive Regulation of Federal Decree-Law No. (28) of 2022 on Tax Procedures (New Tax Procedures Law).The Cabinet Decision repeals and replaces the existing Executive Regulation on Tax...

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Business & Money | Sunday 30 July, 2023 8:55 am

AED 142 million worth TIR carnet transactions cleared by Dubai Customs

Dubai Customs supports the International Road Transport (TIR Carnet) system, the global customs transit procedure that enables goods to move under customs control from a country of origin, through transit countries, to a country of destination in secure sealed load compartments via a multilateral,...

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Business & Money | Sunday 30 July, 2023 8:54 am

TAM Development wins SAR 20.7 mln project from Ministry of Culture

TAM Development Co. received on July 27 a letter of award for a framework agreement to provide digital solutions and services for the Ministry of Culture at a total value of SAR 20.7 million, inclusive of VAT. Under the agreement, TAM will provide the necessary digital solutions to...

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Business & Money | Sunday 30 July, 2023 8:50 am

Dubai records real estate sales record during H1 2023

One of Dubai’s leading real estate agencies, Unique Properties, has observed an unprecedented surge in Dubai’s real estate sector, with a total of 60,440 sales transactions worth AED 177.3 billion being recorded during the first half of the year. The value of real estate sales recorded in...

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Culture & Education | Sunday 30 July, 2023 8:38 am

Anthology Announces AI-powered Course Building Tools, New Student Success Features in Blackboard Learn

Anthology, a leading provider of education solutions that support the entire learner lifecycle, announced a host of new features, powered by Artificial Intelligence (AI), designed to help instructors create more engaging learning experiences more quickly and provide granular, easy-to-action insight ...

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