BusinessLatest Business and Company Updates
Arada Eyes $500 Million Sukuk to Fuel Gulf Land Acquisitions
Arada Developments, the Sharjah-based property developer, is preparing to raise up to $500 million via an Islamic bond as it joins a wave of Gulf real estate firms turning to debt markets to fund expansion. The group plans to launch the issuance next week to finance new land purchases
Sheikh Mohamed, Musk discuss AI cooperation
President His Highness Sheikh Mohamed bin Zayed Al Nahyan held talks with American entrepreneur Elon Musk, focusing on advances in artificial intelligence and emerging technologies and how cross-border collaboration can accelerate innovation with practical benefits for societies and economies. The meeting
Megha Engineering Secures $225.5 Million Gas Project in Kuwait
Hyderabad-based Megha Engineering & Infrastructures Ltd has clinched a $225.5 million contract from Kuwait Oil Company to build, operate and maintain a gas sweetening and sulphur recovery facility in Kuwait’s oilfields. The deal spans engineering, procurement and construction,
Common VAT Return Filing Mistakes UAE Businesses Make
VAT filing errors are surprisingly common. Most aren't intentional—they're honest mistakes that happen because the rules are easy to misunderstand or because records are disorganized. The problem is that the tax authority doesn't distinguish between careless errors and intentional fraud.
