The Ministry of Finance has announced the issuance of a Decision on the minimum Excise Price for Tobacco Products and Liquids used in Electronic Smoking Devices and Tools.The Decision aims to enhance the effectiveness of excise tax implementation and support compliance with the UAE’s tax…
RAK Ceramics PJSC reported financial results for the second quarter ending 30th June 2026. Total revenue was Dhs822.8 million, a marginal decline of 0.5 per cent YoY from Dhs826.8 million in Q2 2025.For H1 2026, total revenue stood at Dhs 1,583.5 million, down 1.2 percent…
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said, “Life taught me that Zayed was not only a leader but rather he was a great idea.” “There are great leaders who build countries and…
Sharjah’s real estate sector maintained its growth, recording transactions worth Dhs7 billion during July 2026, registering an increase of 61.8 per cent compared to June which amounted to Dhs4.4 billion, through 9,376 transactions with a growth rate of 25.3 per cent, which highlights the continued…
The Ministers of Foreign Affairs of the United Arab Emirates, the State of Qatar, the Hashemite Kingdom of Jordan, the Republic of Indonesia, the Islamic Republic of Pakistan, the Republic of Türkiye, the Kingdom of Saudi Arabia, and the Arab Republic of Egypt express their…
Ras Al Khaimah reinforced its growing position as a leading investment destination, recording capital investments exceeding Dhs771.5 million through 967 newly registered establishments during the first half of 2026.The emirate attracted 1,399 new investors representing 68 nationalities from around the world, underscoring its growing economic…
The total number of real estate transactions in the Emirate of Ajman during July reached 1,517, with a combined value of Dhs1.65 billion.Ahmed Khalfan Al Shamsi, Director of the Real Estate Registration Department at the Ajman Department of Land and Real Estate Regulation, said the…
Alef Education Holding PLC, listed on the Abu Dhabi Securities Exchange (ADX), announced strong financial results for the first half of 2026, with revenue rising to Dhs361.6 million, up 1.2 per cent compared to the same period last year.The company also achieved an EBITDA margin…
The UAE national team, sponsored by Mubadala Investment Company, continued their outstanding campaign at the 2026 Jiu-Jitsu World Championship, winning 13 medals in the Under-18 competition on Tuesday at Mubadala Arena in Abu Dhabi.Leading the day’s medal haul were Saif Al Baloushi (Under-48kg), Saif Al…
Adnoc Distribution delivered record first-half results, with net profit rising 59 per cent year-on-year (YoY) to $568 million and reported EBITDA increased 39 per cent to $786 million, reflecting strong operational performance and inventory gains during the period.Underlying EBITDA increased 14 per cent YoY to…