Government | Saturday 28 December, 2024 10:13 am

Ajman Ruler approves emirate's 2025 budget worth AED3.7 billion

H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has approved the Ajman Government’s 2025 general budget worth AED3.7 billion. The move aims to support the emirate's development plans, enhance community well-being, meet public needs, and strengthen Ajman's...

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Government | Saturday 28 December, 2024 10:07 am

ZATCA sets criteria for target taxpayers in Wave 19 of e-invoicing

Zakat, Tax and Customs Authority (ZATCA) determined the criteria for selecting the target taxpayers in Wave 19 for implementing the "integration phase" of e-invoicing.   In a statement, the authority clarified that this wave included all taxpayers whose revenues subject to VAT...

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Business & Money | Saturday 28 December, 2024 10:02 am

Dubai Customs launches AEO Connect 2024

Building on its continuous efforts to enrich the experience of companies participating in the Authorized Economic Operator (AEO) program and drive the growth of trade through the program—which provides competitive facilities and incentives for its members—Dubai Customs has launched the first...

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Business & Money | Saturday 28 December, 2024 10:00 am

RAKEZ growth series 2024 finale highlights learning, growth, and networking

The RAKEZ Growth Series 2024 drew to a successful close at Compass Coworking Centre, uniting participants, speakers, and business leaders from all events of the year for a day of meaningful connections, reflection, and powerful business insights. The concluding event celebrated the strides the...

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Tourism & Hospitality | Saturday 28 December, 2024 9:59 am

'Discover Beyond Hail' Tour Wraps Up Under Governor's Patronage

Under the patronage and presence of His Royal Highness Prince Abdulaziz bin Saad bin Abdulaziz Al Saud, Governor of Hail Region, the Tourism Development Fund (TDF) successfully concluded its "Discover Beyond Hail" tour and accompanying exhibition that hosted more than 600 participants. This...

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Business & Money | Saturday 28 December, 2024 9:57 am

Social Development Bank grants SAR 8B financing in 2024

The Social Development Bank (SDB) provided SAR 8 billion financing in 2024, achieving its full-year targets in financing and developmental support, alongside expanding its non-financial services, the state-run SPA reported.   SDB said 122,000 benefited from the bank’s loans. A...

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Business & Money | Saturday 28 December, 2024 9:55 am

Oman exempts Saudi investors from taxes in Madayn: Official

Oman decided to exempt Saudi industrial investors in Industrial Estates (Madayn) from taxes, Al-Eqtisadiah reported, citing Nasser Al-Hajri, Chairman of the Saudi-Oman Business Council.   This announcement was made during meetings held between the Saudi-Oman Business Council and Qais ...

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Business & Money | Saturday 28 December, 2024 9:52 am

Al-Hilal SFC makes SAR 33.4M profit in FY 2023/24

Al-Hilal Saudi Football Club reported net profits of SAR 33.37 million for the fiscal year 2023/24. Net profit margins reached 1.5%. Total revenue exceeded SAR 1 billion, compared to activity expenses of SAR 923.5 million. The current ratio rose to 0.89 in June 2024 from 0.61 a year...

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Healthcare | Saturday 28 December, 2024 9:34 am

Emirates Health Services Obtains ISO 10020 Certification for Change Management

The Emirates Health Services (EHS) has recorded a landmark achievement by obtaining the International Standard Certificate (ISO 10020) for change management. This reflects EHS’s commitment to adopting global best practices to enhance its ability to manage organisational change processes...

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Government | Saturday 28 December, 2024 9:33 am

1st January is an official holiday for Dubai government departments on New Year

The Dubai Government Human Resources (DGHR) Department has announced January 1, 2025, (Wednesday), as an official holiday for Dubai government departments for the occasion of New Year’s Day. Official work will resume as usual on January 2, 2025 (Thursday). Entities, departments and...

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