BusinessLatest Business and Company Updates
UAE Embraces Global Crypto Tax Transparency Through CARF Deal
Abu Dhabi has finalised a major agreement to enforce greater transparency in crypto-asset taxation by signing the Multilateral Competent Authority Agreement under the Crypto-Asset Reporting Framework. The deal mandates automatic exchange of tax-related data on crypto transactions across jurisdictions, aligning the UAE with rising global norms on financial disclosure.The
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Michael Jordan, CEO of Gem Soft: Establishing Data Sovereignty as the Fundamental Standard for Enterprise Operations
Digital assets now form the foundation of almost every business operation. Michael Jordan, the CEO of Gem Soft, promotes data sovereignty as a necessary element for organizational strength and strategic freedom. He brings over thirty years of experience in investment
Spinneys Embarks on Southeast Asia with Philippine Tie-up
A joint venture between UAE grocer Spinneys and Philippines conglomerate Ayala Corporation aims to introduce premium supermarkets across the archipelago, with the first outlet slated for the fourth quarter of 2026. Ayala will control 60 per cent of the venture,
Arada Lists US$450 Million Sukuk on Nasdaq Dubai Amid Strong Demand
Nasdaq Dubai has admitted a US$450 million Sukuk issued by Arada Developments LLC under Arada Sukuk 2 Limited’s US$1 billion trust certificate programme. The securities carry a maturity in 2030 and were priced at a profit rate of 7.150 percent.The
