Crypto enthusiasts descended on Dubai on Wednesday, gathering under the Gulf’s scorching sun and hoping the industry’s buoyant mood can keep going despite signs the euphoria around Donald Trump’s …
UAE waives late registration fines for corporate tax filers
The UAE has waived late registration fines for corporate taxpayers and certain exempt persons who failed to register with the Federal Tax Authority (FTA) within the deadline. The cabinet decision …
SBM Offshore Strengthens Gulf Presence with BP’s Kaskida Installation Deal
As part of the development, SBM Offshore USA has signed a contract with bp for the wet tow and installation of the Kaskida FPU. The award underscores SBM Offshore’s deepwater installation expertise, …
Sharjah hotel guest number jump 11% to 1.6mln in 2024
Sharjah attracted approximately 1.6 million hotel guests in 2024, reflecting an 11% increase compared to 2023, Sharjah Commerce and Tourism Development Authority (SCTDA) has revealed. This growth …
Sharjah Airport receives over 4.5mln travellers in Q1 2025
The airport also recorded more than 27,000 aircraft movements, handled over 52,000 tonnes of cargo, and processed an additional 3,000 tonnes through sea-air cargo operations …
Dubai’s Viral Chocolate Is So Popular It’s Triggered A Global Pistachio Shortage And Soaring Prices
The humble pistachio, once content to lurk in Christmas nut bowls, now finds itself at the centre of a worldwide shortage – all thanks to a viral chocolate bar that’s emptying shelves faster than …
‘To have freedom of money, you have to have freedom of speech’ — CZ
Binance co-founder and former CEO Changpeng “CZ” Zhao took the stage at Token2049 in Dubai, United Arab Emirates (UAE), where he told the audience that his investment in social media platform X was …
UAE says it foiled attempt to transfer ammunition to Sudan’s army
UAE authorities intercepted millions of rounds of ammunition at an airport which were being illegally transferred to Sudan’s army, Emirati state media said on Wednesday in a report that the Sudanese …
Blending Business with Belonging: How Global Families Are Rethinking Where They Live
According to the Henley Private Wealth Migration Report 2024, the UAE attracted over 6,700 millionaires in 2024 — the highest net inflow of any country globally. A significant portion of these …
Inside the Trump Organization’s first high-rise in Dubai — home to the world’s highest pool
A Middle Eastern city long known for its ultra-luxury homes will have a brand new tower to add to its glittering skyline — and it will be the region’s only Trump-branded skyscraper. The Sun reports …
DP World completes hydrogen RTG initial testing
Dubai-headquartered international logistics provider DP World says it has successfully completed initial testing of its hydrogen fuel cell rubber-tyred gantry (RTG) crane at the Port of Vancouver.
UAE showcases space ambitions at Expo 2025 Osaka
The Explorers of Space platform has emerged as a major attraction within the UAE Pavilion at Expo 2025 Osaka-Kansai, offering an immersive glimpse into the country’s space exploration journey, from …
Paytm Cloud Floats New Subsidiary In UAE, Infuses $2.1 Mn
Fintech major Paytm’s arm Paytm Cloud Technologies Ltd (PCTL) has incorporated a wholly owned subsidiary in the United Arab Emirates (UAE).
Tax Hikes, Migration and Political Uncertainty Defined the Past Decade in Luxury Real Estate
Big financial epicenters that once led the world have fallen out of favor while emerging cities became billionaire magnets in a new world order for high-end housing …
UAE supplies 41.4% of Japan’s oil imports in March 2025
Japan imported 32.48 million barrels of crude oil from the United Arab Emirates in March 2025, accounting for 41.4 percent of its total oil imports, according to data from the Agency for Natural …
Dubai DET, Visa collaborate to drive tourism growth
The Dubai Department of Economy and Tourism (DET) has signed a strategic Memorandum of Understanding (MoU) with Visa, a global leader in digital payments, to facilitate further increases in …
US will likely issue pro-crypto regulations in August, Binance CEO says
The US will probably introduce new legislation to support the wider use of cryptocurrencies in the world’s biggest economy by late August, following meetings he had with regulators and government …