BHM Capital, the leading financial institution in the capital markets of the United Arab Emirates, has become the first financial institution in the UAE to connect to the Astana International Exchange (AIX) as a Market Making Member through Abu Dhabi Securities Exchange’s (ADX) Tabadul platform, marking another strategic milestone in the company’s regional expansion and
Silverbacks Holdings, a leading private investment firm focused on high-growth companies in underserved African industries, has participated in the recently closed Series C and announced over $37 million of cumulative deployments into Moove, the Uber backed and UAE headquartered global mobility company. This exposure marks Silverbacks’ single largest investment into an African-born global tech operator
A new study by The PR Academy MENA in Dubai confirms that the United Arab Emirates has established a pioneering corporate communications framework for crisis management, built on preparedness, a proactive approach, and unified messaging. The study finds that this corporate communications model has empowered the country to transform challenges into opportunities, strengthen public trust,
Space42, the UAE-based AI-powered SpaceTech company with global reach, on Thursday announced its consolidated financial results for the first half of 2026, delivering a record financial performance with revenue increasing 15 percent year-on-year to US$260 million. The company reported a net profit of $18 million, with a 7 percent margin, while normalised EBITDA increased 12
The Ministry of Finance has announced the issuance of a Decision on the minimum Excise Price for Tobacco Products and Liquids used in Electronic Smoking Devices and Tools. The Decision aims to enhance the effectiveness of excise tax implementation and support compliance with the UAE’s tax legislation. Under the Decision, the existing minimum Excise Price
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The Federal Tax Authority (FTA) has confirmed that the Digital Tourist VAT Refund System continues to expand across the UAE, delivering strong operational results during the first half of 2026. The number of retail outlets registered with the Authority and electronically connected to the system rose by 5.9% to approximately 19,340 outlets by the end
