A recent analysis by SBI Research reveals that the combined GDP share of the six proposed new members of the BRICS grouping—Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates—amounts to just 11%.
Author: UAEPress_Admin
Emirates NBD Invests Strategically in Komgo through its Innovation Fund
Emirates NBD, a prominent banking group in the MENAT region (Middle East, North Africa, and Türkiye), has made a strategic equity investment in Komgo, a leading software development and technology services company revolutionizing the trade finance industry.
UAE Corporate Tax Exemption for High-Earning Self-Employed Professionals
Self-employed professionals in the UAE earning over Dh1 million annually will be subject to UAE Corporate Tax. However, they are not required to establish a formal company structure for their operations.
UAE: Essential New Steps for Departing Residents
Living abroad often involves returning home at some point. While the temptation may be to pack up and leave, it is crucial to address personal matters to avoid unexpected legal consequences in the future. The following are important steps to take before embarking on a new journey:
UAE Astronaut Sultan Al Neyadi Returns Safely to Earth After Historic Space Mission
Emirati astronaut Sultan Al Neyadi has successfully completed his groundbreaking six-month mission aboard the International Space Station (ISS) and has returned to Earth. Al Neyadi, along with three fellow astronauts, splashed down in the Atlantic Ocean off the coast of Jacksonville, Florida, at 8:17 am UAE time on Monday, inside a SpaceX Dragon capsule
Typhoon Haikui: Taiwan Braces for 100mph Gusts, Evacuations, and Flight Cancellations
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India’s Moon Rover Enters Sleep Mode After Completing Initial Lunar Research Phase
India's Moon rover has been powered down and put into sleep mode following its successful completion of two weeks of assigned tasks.
Rashid Al Qamzi Secures Impressive Victory in Italian Grand Prix
Team Abu Dhabi's star driver extends his lead in the world title race
San Nazzaro, September 03, 2023 - Rashid Al Qamzi of Team Abu Dhabi delivered a remarkable performance in the Grand Prix of Italy on Sunday, further solidifying his lead in the 2023 UIM F2 World Championship.
Climate Startups to Take Center Stage at COP28 Conference
In a move to highlight the contributions of grassroots green technology companies, more than 20 climate-focused startups will have the opportunity to share their innovative solutions at the upcoming COP28 conference in Dubai. The Expo City Dubai, the venue for the conference, will select these companies from among the finalists of the Expo Live Innovation program, which awarded $50,000 each to 36 entrepreneurs working on energy transition projects.
The British Museum Appoints Interim Director Amid Art Theft Controversy
In the wake of recent art theft revelations, the British Museum has named Sir Mark Jones, a former director of the Victoria and Albert Museum in London, as its interim director.