Gold prices rose Dh1 per gram on Monday. Investors this week will be monitoring developments in US trade talks and the Federal Reserve’s policy meeting scheduled for next week …
Dubai’s Real Estate soars to record transactions of Dh431 billion in H1 2025
Dubais real estate market recorded transactions worth of over Dh431 billion, which is about 26 per cent more than last years first half, as reported by the Gulf news.
UAE tax authority announces $871mln in tax refunds for Emiratis building new residences by June
“Notable examples include the tax refund services for new residences for UAE nationals and VAT refund for tourists, which have undergone continuous improvement to streamline and expedite the refund …
UAE to impose higher taxes on sugary drinks
The UAE has revised its excise tax structure for sugar-sweetened drinks to encourage healthier lifestyles. The current flat-rate tax will be replaced by a tiered model starting in 2026, the …
Federal Tax Authority announces AED 3.2bln in tax refunds for UAE nationals building new residences by June 2025
The FTA also highlighted that more than 7,000 new applications for VAT refunds for UAE nationals building new residences were approved between June 2024 and June 2025, amounting to AED 653.1 million.
Dubai to take control of offshore oil resources | Reuters
Dubai has joined those oil producers tightening their grip on energy assets, … Dubai to take control of offshore oil resources. By Reuters. August 9, 2007 9:10 PM UTC Updated January 20, 2007 …
UAE golden visa issue: FTO irked by FBR’s ‘inefficiency’
ISLAMABAD: Federal Tax Ombudsman (FTO) has taken notice of the issue of Federal Board of Revenue’s (FBR) inefficiency to timely seek data from the Federal Investigation Agency (FIA) about the golden …
Middle East Emerging As A Major Global Fintech Hub
The Middle East is fast becoming one of the world’s most exciting fintech frontiers. Digital banking adoption in the UAE is soaring, 89 …
UAE navigates global tariff storm with oil stability and fiscal strength
While global headlines focus on tariff escalation, the exemption of crude oil from US tariffs protects a key revenue stream for the UAE. Latest developments within Opec+ may play in the UAE’s favour …
Abu Dhabi oil company to merge 2 offshore divisions in UAE
DUBAI, United Arab Emirates – The United Arab Emirates’ main state oil company is combining two major offshore divisions as it streamlines its operations amid a slump in oil prices. The Abu …
UAE Offshore Centre gains ground over Virtual offices in the … – ZAWYA
25 November 2010 Low costs, ease of incorporation and multiple services under one company make offshore setups attractive, says Jitendra Business Consultants. The facility to set up UAE-based offshore …
Setting up offshore firm in UAE is more economical
There are four offshore jurisdictions in the UAE, viz. Jebel Ali Free Zone, RAK Free Trade zone, RAKIA and Ajman Free Zone. Published: Mon 4 Jan 2016, 11:00 PM Updated: Tue 5 Jan 2016, 8:20 AM …
UAE Golden Visa offers long-term residency through nomination process without any sponsor
Foreigners who want to live, study, work and settle in the United Arab Emirates can make use of the UAE Golden visa to get a long-term residency without the need for a sponsor within the country.
The coolest indoor sports to try this summer
There’s no cooler way to play a game of badminton than on a glow in the dark court. Illuminating under the neon lights, the Al Quoz spot will let you rent a court for as little as Dhs80, making it an …
Watch: Heavy rains lash parts of Dubai, Abu Dhabi; showers expected until evening
The showers are a result of convective cloud formation, which have come along with fresh to strong winds, causing blowing dust at a speed of 45 km/hr over some eastern and southern areas.
Sharjah: Dh1-million project to supply electricity, water in residential area in Wadi Al Helo
The initiative by Sharjah Electricity, Water, and Gas Authority (Sewa) includes the establishment of an 11 kV electricity distribution station, installation of five electrical distribution boxes, and …
Dubai real estate: Property transactions hit nearly $118bn in first half of 2025
The Dubai real estate market has achieved transactions worth AED431 billion in the first six months of 2025, representing a 25 per cent increase compared to the same period in 2024. The market …