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 …
Sharjah to enhance, stimulate entrepreneurship environment
As part of its efforts to enhance and stimulate the entrepreneurship environment in the Emirate of Sharjah, the Sharjah SME “Ruwad” announced the launch …
UAE sovereign wealth fund overtakes Saudi Arabia’s PIF with $29bn in deals
Mubadala’s spending blowout accounted for roughly 20 percent of the almost $136.1bn spent by sovereign wealth funds worldwide in 2024. Mubadala overtook Saudi Arabia ‘s Public Investment Fund, known …
Dubai Duty Free achieves new record sales of Dhs7.901b
Staff Reporter, Gulf Today The New Year began on a high note for Dubai Duty Free with the operation announcing a new annual sales record of Dhs7.901
EGA, Abu Dhabi Ports welcome largest bulk cargo ship to ever call at Khalifa Port
Emirates Global Aluminium, EGA, today announced the arrival of the first fully-laden Capesize vessel to call at any GCC port at its quay at Khalifa Port in Abu Dhabi, inaugurating …
Can Bottled Water Protect Your Hair from Dubai’s Hard Water?
Living in the Gulf region, especially in cities like Dubai, presents unique challenges, particularly when it comes to hard water. Dubai’s tap water is considered hard due to its filtration process …