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Month: January 2025

Posted on 02/01/2025

High-level delegation from the Maldives learns about DEWA’s best practices in renewable energy

The Maldives delegation commended DEWA’s pioneering work in the renewable and clean energy sector. They expressed their enthusiasm concerning knowledge-sharing and the adoption of DEWA’s best …

Posted on 02/01/2025

Dubai’s new rental index to be based on building rating system

Dubai has introduced a new rental index that will use new technology, including artificial intelligence, to assess the market in a real-time, live manner in a move expected to offer more transparency.

Posted on 02/01/2025

Why you might not have to pay more for drinks following the new Dubai alcohol tax

Dubai has recently reintroduced a 30 percent alcohol tax across the emirate – but consumers aren’t likely to pay more for drinks, according to some of the region’s biggest drinks distributors. As the …

Posted on 02/01/2025

Dubai is no longer just for influencers – and it’s my new favourite winter destination

When Instagram is awash with yachts, luxury shopping, and a skyline where everything is perceived as bigger and better, there’s little wonder Dubai has earned a reputation as the influencer capital of …

Posted on 02/01/2025

UAE’s Mubadala Investment Fund Emerges as Powerhouse, Outpacing Global Growth

Mubadala Investment became the world’s most dynamic sovereign wealth fund in 2024, investing $29.2 billion, up 67%.

Posted on 02/01/2025

Sharjah Arabic Poetry Festival to commence on Monday

The 21st Sharjah Arabic Poetry Festival will run from 6th to 12th January, featuring over 70 poets, literary critics, and media personalities from across the Arab world and several African nations.

Posted on 02/01/2025

UAE: Mesmerizing fireworks light up for New Year 2025 in Dubai, UAE

Dubai, United Arab Emirates – December 31, 2024 On December 31, 2024, in Dubai, UAE, @elisaxna shared a video of a magnificent fireworks display. In celebration of the New Year, the Burj Khalifa, the …

Posted on 02/01/2025

What corporate tax means for mergers and acquisitions in the UAE

Merging with or acquiring another business is far from a simple task, and corporate tax adds another layer of interrelated elements to consider. Today, we are going to look at some of them. Most of …

Posted on 02/01/2025

Mohamed Alabbar: Inside the mind of the man who helped build Dubai – and isn’t done yet

Mohamed Alabbar leans forward in his chair, a glint in his eye as he describes his latest acquisition: “The fourth most beautiful island in the world,” he says with barely contained excitement, …

Posted on 02/01/2025

Dubai’s real estete market to flourish in 2025 with infrastructure-led growth and emerging neighbourhoods

He said Dubai’s leadership further enhances the luxury sector’s appeal through policies that make residency simple, business-friendly, and tax-efficient. The city’s luxury market has long been a …

Posted on 02/01/2025

UAE stock markets surge by Dhs257bn in 2024

The volume of shares traded during 2024 exceeded 142 billion shares; 90.16 billion shares traded on the ADX and 51.85 billion shares on DFM …

Posted on 02/01/2025

Inside Sharjah’s oldest majlis: 200-year-old house is a community hub for retirees, visitors

The emirate’s government restored the house and converted it into a formal council space, complete with provisions for tea, electricity and water …

Posted on 02/01/2025

Dubai Duty Free sales top nearly $8bn in 2024

Dubai Duty Free achieved sales of AED7.9 billion ($2.16 billion) in 2024, mirroring its 2023 performance. December set an all-time monthly record with sales of AED821.94 million, a 2 percent …

Posted on 02/01/2025

Dubai: Meet couples who went to college after getting married, graduated with baby

Among the sea of smiling faces were man and wife, Xin and Fan Yang, standing side by side, holding their baby in their arms. It wasn’t just a graduation ceremony—it was a celebration of their journey …

Posted on 02/01/2025

This many people used public transport on NYE in Dubai

Dubai New Year’s Eve celebrations saw a rise in passengers numbers from last year as *millions* travelled to their festivities.

Posted on 02/01/2025

Dubai Duty Free posts all-time annual sales high of $2.15bln

December set an all-time monthly record with sales of AED821.94 million (US$225.19 million), a +2% increase over December 2023, which until now was the highest-grossing month in Dubai Duty Free’s …

Posted on 02/01/2025

Rangers blow winnable game against Kraken as late rally falls short

A long and emotional week for the Rangers concluded with a loss in a very winnable game. Blowing a two-goal lead at a time when the team is in need of a pick-me-up is perhaps the most discouraging …

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