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UAE Announces Changes to Corporate Tax Rules-thumnail

UAE Announces Changes to Corporate Tax Rules

The Ministry of Finance has published Ministerial Decisions No. (301) and No. (302) of 2024 that introduce significant changes to Tax Groups and Participation Exemptions under Federal Decree-Law No. 47

News

Dec 24, 2024

Indian Investors Lead New Memberships in Dubai Chamber of Commerce in 2024  -thumnail

Indian Investors Lead New Memberships in Dubai Chamber of Commerce in 2024  

Indian Companies Top the List   Dubai Chambers recently analyzed an indication that Indian investors and entrepreneurs topped the list of new non-Emirati companies joining the chamber within the first nine

News

Dec 24, 2024

ShopKirana faces scaling challenges in FY24, narrows losses by 30%-thumnail

ShopKirana faces scaling challenges in FY24, narrows losses by 30%

ShopKirana, a B2B e-commerce company meant to link retailers with brands, said the company has had a difficult fiscal year 2024 in which its gross revenue declined. Gross revenue fell

News

Dec 24, 2024

DART Creates a Holistic Ecosystem for Dubai’s Digital Revolution  -thumnail

DART Creates a Holistic Ecosystem for Dubai’s Digital Revolution  

Driving Innovation and Transformation in the UAE   The team behind DART is at the forefront of the UAE’s journey toward becoming one of the world’s major leaders in technology and

News

Dec 24, 2024

LEAD Achieves ₹350 Crore Revenue Milestone in FY24 and Reduces Losses by 56%-thumnail

LEAD Achieves ₹350 Crore Revenue Milestone in FY24 and Reduces Losses by 56%

Digital learning solutions provider LEAD has announced a significant achievement for the fiscal year ending March 2024, having crossed the ₹350 crore revenue mark with reported revenues of ₹351 crore.

News

Dec 24, 2024

Greaves Electric Files DRHP for ₹1,000 Crore IPO-thumnail

Greaves Electric Files DRHP for ₹1,000 Crore IPO

Greaves Electric, the parent entity of electric vehicle (EV) maker Ampere, formally filed its Draft Red Herring Prospectus with India’s Securities and Exchange Board to raise ₹1,000 cr in an

News

Dec 24, 2024

Nexus Underwriting Enters into Agreement to Acquire Arma Underwriting, a Dubai-based Specialty Reinsurance MGA  -thumnail

Nexus Underwriting Enters into Agreement to Acquire Arma Underwriting, a Dubai-based Specialty Reinsurance MGA  

Nexus Underwriting (“Nexus”), a Brown & Brown group business, has announced its agreement to acquire Arma Fusion Limited, the parent company of Arma Underwriting Limited (“Arma”).   Arma, a specialty reinsurance

News

Dec 23, 2024

Emirati District: Empowering Young Entrepreneurs at DXB-thumnail

Emirati District: Empowering Young Entrepreneurs at DXB

A New Hub to Boost the Global Presence of Emirati Youths. The UAE has unveiled a dedicated hub for young Emirati entrepreneurs at Dubai International Airport (DXB), marking a significant

Business

Dec 23, 2024

Curefoods Reports ₹635 Crore Income in FY24, Halves Losses-thumnail

Curefoods Reports ₹635 Crore Income in FY24, Halves Losses

Curefoods, a leading player in the Indian cloud kitchen sector, has announced impressive financial results for the fiscal year 2024 (FY24). The Bengaluru-based company reported a substantial income of ₹635

Business

Dec 23, 2024

AED 1 Bln Dubai Development Targets Global Elite with Scandinavian Villas-thumnail

AED 1 Bln Dubai Development Targets Global Elite with Scandinavian Villas

A collection of Nordic-style ultra-luxury villas and mansions, valued at AED 1 billion, is to enter the Dubai real estate market as ready homes in 2025. Developed by Nordic by

News

Dec 23, 2024

Zomato Becomes the First Indian Startup to be Inducted into Sensex 30-thumnail

Zomato Becomes the First Indian Startup to be Inducted into Sensex 30

This is a landmark achievement for the Indian startup ecosystem, with Zomato becoming the first Indian startup to be inducted into the Bombay Stock Exchange (BSE) Sensex 30. It is

Business

Dec 23, 2024

Mintifi Reports Impressive Financial Growth in FY24-thumnail

Mintifi Reports Impressive Financial Growth in FY24

PC: The Kredible The prominent supply-chain financing startup, Mintifi, recently disclosed notable fiscal year 2024 profits, with the firm generating profit after tax of ₹92.5 crore on revenue of ₹384

News

Dec 23, 2024


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