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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Botim Money teams with Mastercard for remittances
Botim Money, the financial services arm of the messaging platform botim, said on Tuesday it has entered a partnership with Mastercard to widen the reach of its international money transfer services, enabling users to send funds from the United Arab
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,
Mubadala exits Arcadia stake following Bansk-led takeover
Mubadala Investment Company has sold its minority holding in Arcadia Consumer Healthcare, completing its exit from the United States-based consumer health and wellness platform alongside the company’s acquisition by funds managed by Bansk Group. The transaction marks a change in
