All posts by uaenews247

Business & Investments

Unleashing Growth: DIFC Emerges as Premier Global Hub for Family Businesses

Unleashing Growth: DIFC Emerges as Premier Global Hub for Family Businesses

  • Dubai ranked 1st in MEASA region and among the world’s top 22 cities in terms of wealthiest population centres in 2023 with over 68,500 HNWIs.
  • His Excellency Abdulla bin Touq Al Marri, Cabinet Member and UAE Minister of Economy, DIFC leadership and leading family businesses convene to mark DIFC Family Wealth Centre 1-year anniversary.
  • More than 440 registered foundations and over 600 active entities affiliated with top family businesses and individuals in DIFC as of 2023.
  • Home to more than 120 of the world’s wealthiest families and individuals, with a total net worth exceeding USD 1trn.
  • Updated DIFC Family Arrangements Regulations provide greater privacy through a Private Registry option.
Continue reading Unleashing Growth: DIFC Emerges as Premier Global Hub for Family Businesses →
Featured

InSinkerator partners with Emirates Environmental Group to make UAE greener

InSinkerator partners with Emirates Environmental Group to make UAE greener

Dubai, United Arab Emirates- Apr 29, 2024 – InSinkErator, a company of Whirlpool Corporation, is the inventor and world’s largest manufacturer of food waste disposers for both household and commercial applications and is the clear global market leader.

Committed to providing state of the art technologies and solutions for handling food waste in the most environment-friendly way, InSinkErator, in the honor of the Earth Day, announces its collaboration with Emirates Environmental Group (EEG) to planttrees in efforts to contribute to a greener, more sustainable future.

Continue reading InSinkerator partners with Emirates Environmental Group to make UAE greener →
Beauty

Spring into SHEGLAM: 3 Vibrant Color Bloom Liquid Blush Shades Meet Revolutionary Applicator Upgrade!

Spring into SHEGLAM: 3 Vibrant Color Bloom Liquid Blush Shades Meet Revolutionary Applicator Upgrade!

This spring, embrace renewal with SHEGLAM! Our hero product, the Color Bloom Liquid Blush, dazzles with three new shades and an innovative applicator upgrade, promising vibrant beauty that leaves a lasting impression.

PixCake
Continue reading Spring into SHEGLAM: 3 Vibrant Color Bloom Liquid Blush Shades Meet Revolutionary Applicator Upgrade! →
Featured

Emirati Human Resources Development Council and Al Ghurair Sign MoU to Enhance Emiratisation Efforts

Emirati Human Resources Development Council and Al Ghurair Sign Memorandum of Understanding to Enhance Emiratisation Efforts


• Aimed at enhancing national workforce development
• Focus on strategic collaboration to integrate citizens into key sectors of the economy
• Commitment to providing employment opportunities and essential training programmes for Emiratis

Continue reading Emirati Human Resources Development Council and Al Ghurair Sign MoU to Enhance Emiratisation Efforts →
Business & Investments

Impressive 63% surge in Net Profit on robust top line growth and significant margin improvement

Emirates Integrated Telecommunications Company PJSC
Reports its Q1 2024 Results

Impressive 63% surge in Net Profit on robust top line growth and significant margin improvement

Q1 2024 Key takeaways

  • Outstanding profitability, driven by top-line growth, margin expansion, and operational efficiency improvements
    • Launch of “du Pay” an important step towards diversifying business activities
    • New royalty and corporate tax regime in place
    • Guidance re-affirmed highlighting confidence in executing our strategy
Continue reading Impressive 63% surge in Net Profit on robust top line growth and significant margin improvement →