Author: Arabian Media staff
Image: FSA website A chocolate bar inspired by the viral ‘Dubai chocolate’ trend has been urgently recalled across the UK after it was found to pose a serious health risk to people with peanut allergies. The Food Standards Agency (FSA) has issued an alert regarding Noesis Schokolade Love of Dubai, a 95g chocolate bar manufactured by NOESIS SCHOKOLADE, Gida ve Unlu Mam Ltd and distributed in the UK by Black Sea Trading Ltd. The product contains undeclared peanuts, an allergen that is not listed on the label. “We are notifying consumers and food business who have purchased Noesis Schokolade Love…
And there’s a possibility that other food and beverage companies may also reformulate their products, adding to the potential impact on consumers. Source link
Image courtesy: WAM/ For illustrative purposes DP World, the Deendayal Port Authority (DPA), and mobility tech firm Nevomo have signed a memorandum of understanding (MoU) to explore the deployment of magnetic rail technology for autonomous cargo movement within Indian ports — a national first that could reshape India’s freight logistics. The MoU paves the way for a 750-metre pilot of Nevomo’s MagRail system at Deendayal Port in Kandla, Gujarat. If successful, the trial will mark the first time MagRail’s self-propelled, electric-powered freight wagons are tested in a live port environment in India. The collaboration is intended to enhance cargo movement…
People are banking on a government safety net that isn’t there. Source link
Income-seeking investors need to look beyond yields to reduce the risk of suffering dividend cuts. Source link
Image: Supplied/ Prypco Mint PRYPCO Mint, the MENA region’s first real estate tokenisation platform, has crossed Dhs9m in tokenised property investments within a month of launch, marking a major milestone in digital real estate investing. Licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), PRYPCO Mint is also the first platform globally to tokenise a property title deed in partnership with a government body, the Dubai Land Department (DLD). The platform enables fractional ownership of premium properties, making real estate more accessible through blockchain technology. PRYPCO Mint has struck a chord with investors Since going live, PRYPCO Mint has attracted investors…
Charles Schwab’s stock briefly sees record territory after an earnings beat. Source link
Image: WAM The UAE Ministry of Finance has issued a new ministerial decision outlining how depreciation adjustments will apply to investment properties held at fair value, under the framework of the country’s corporate tax law. The decision provides clarity for businesses that report investment properties at fair value in their financial statements. Read-UAE tightens tax rules on sugary drinks: What you need to know It specifies the conditions under which depreciation will be calculated and the method for making tax adjustments, in line with the Federal Decree-Law No 47 of 2022 on the Taxation of Corporations and Businesses. Investment properties:…
Low unemployment fuels spending, and more spending keeps unemployment low. Source link
The move aligns with the UAE’s broader public health strategy aimed at reducing sugar consumption, encouraging healthier lifestyles The post UAE tightens tax rules on sugary drinks: What you need to know appeared first on Gulf Business. Source link