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 …
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 …
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%.
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.
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 …
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 …
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, …
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 …
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 …
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 …
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 …
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 …
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.
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 …
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 …
McDermott Opens Technology Center in Dubai
McDermott has opened a welding and technology center of excellence at the Oilfields Supply Center in Dubai’s Jebel Ali Freezone. It encompasses over …
UAE to expand comprehensive economic partnership agreements in 2025
Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, highlighted that the UAE’s CEPAs programme is designed to expand the country’s commercial and investment partnerships worldwide …