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Month: April 2026

Posted on 15/04/2026

Burj Al Arab Dubai is shutting down for 18 months for first major restoration in 27 years

The project is intended to preserve Burj Al Arab’s distinctive character while ensuring it remains relevant for future generations of travellers.

Posted on 15/04/2026

Abu Dhabi is the smartest property investment right now and it’s still undervalued

Provident Estate releases mid 2026 intelligence revealing a rare closing window backed by sovereign wealth global demand and untapped land …

Posted on 15/04/2026

Dubai real estate deals drop 24% in Q1 amid US–Iran war; April shows signs of recovery

Dubai real estate transactions fell nearly 24% in March amid the US–Iran war, but early April data shows recovery, with developers offering flexible plans …

Posted on 15/04/2026

FTA announces entry into force of decision amending administrative penalties imposed for violations of tax legislation

ABU DHABI, 15th April, 2026 (WAM) — The Federal Tax Authority (FTA) has announced the entry into force of Cabinet Decision No. (129) of 2025 amending certain provisions of Cabinet Decision No. (40) …

Posted on 15/04/2026

UAE taxes: FTA announces new penalty rules, reduces fines for violations

The UAE’s tax authority on Wednesday announced updated penalty rules that lower some fines and make tax filing rules easier and more flexible for businesses and taxpayers in the Emirates. The Federal …

Posted on 15/04/2026

Mawarid FinTech Summit returns to Dubai with a focus on real-world impact

The event is expected to attract between 800 and 1,000 senior decision-makers, alongside representatives from more than 500 organisations …

Posted on 15/04/2026

Abu Dhabi’s BlueFive plans $3bn investment in defence companies

Abu Dhabi-based alternative asset manager BlueFive Capital is reportedly seeking to raise $3 billion for investing in aerospace and defence companies. The fund is expected to raise an initial $1 …

Posted on 15/04/2026

UAE Central Bank develops nationwide e-KYC platform

The UAE Central Bank is developing a unified electronic Know Your Customer (e-KYC) platform as part of efforts to streamline compliance, reduce costs and accelerate the onboarding of customers across …

Posted on 15/04/2026

Dubai’s Burj Al Arab to close for 18-month restoration project

Dubai’s Jumeirah Burj Al Arab, one of the world’s most recognisable hotels, will close for 18-months to undergo an extensive restoration project, its operator Jumeirah announced on April 15. The hotel …

Posted on 15/04/2026

Dubai feels the war from a distance, but its workers are paying the price

When the economy slows, workers feel it first. The war hasn’t hit Dubai directly, but it has hit its economy. Tourism has dropped sharply. Visitors have stayed away, big events …

Posted on 15/04/2026

Dubai draft law: Parents liable for children’s e-scooter misuse; number plates proposed

The draft law introduces mandatory e-scooter registration and number plates, as authorities look to enhance road safety, according to Emarat Al Youm …

Posted on 15/04/2026

Structured return models gain ground in the UAE property market

Ellington rolls out a limited-time summer initiative across a curated selection of its developments, offering guaranteed rental returns of 35% for 5 years in Dubai and 28% for 4 years in Ras Al …

Posted on 15/04/2026

Dubai puts property-linked visas under one digital system: Change explained

Move set to benefit Indian nationals, who are among Dubai’s top property buyers, by allowing long-term residency on the basis of real estate investment through a single digital system …

Posted on 15/04/2026

EXCLUSIVE: Dubai’s Danube Properties says no project delays, no price hikes despite 50% surge in construction costs

UAE developers face rising construction costs driven by supply chain disruption linked to the Hormuz crisis, but Danube says delivery schedules remain intact and off-plan buyers are shielded from pric …

Posted on 15/04/2026

UAE school reopening status: Will classes return to campus on Monday? What we know so far

With the current extension running until Friday, April 17, many parents, students and staff are asking the same question: what happens …

Posted on 15/04/2026

Dubai domestic spending nearly recovered to prewar levels, economic chief says

Despite facing heavy bombardment from Iran, the UAE’s biggest city has remained resilient, Dubai’s economic chief told Semafor World Economy.

Posted on 15/04/2026

Philippines, UAE to promote financial cooperation

MANILA: The Central Bank of the United Arab Emirates and the Central Bank of the Philippines have signed a memorandum of understanding (MOU) to promote financial and economic collaboration and …

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