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Category: BUSINESS

Posted on 03/04/2025

Dubai real estate sector sees $38.9bn of sales in Q1; top-performing areas, most expensive properties and average price rise revealed

The most expensive individual property sold in Q1 was a luxury villa at Dubai Hills Estate which fetched AED140m ($38.1m). The most expensive apartment sold during the quarter went for AED116m ($31.6m …

Posted on 03/04/2025

Gold prices rise in UAE after Trump’s trade tariff announcement

Gold prices in the UAE rose on Thursday, after Trump announced sweeping new trade tariffs on April 2. The more aggressive than expected import tariffs pushed investors to flock to gold. The Dubai …

Posted on 03/04/2025

Full list: Trump’s tariffs on every country, including the UAE, Saudi

The tariff regime, described by Trump as a “universal baseline tariff”, aims to set a flat 10 per cent import tax on all goods entering the US …

Posted on 03/04/2025

Sharjah’s Iconic Safeer Mall Closes After 19 Years

The mall acquired landmark status in the city and became an important point of reference for locals and expats.

Posted on 03/04/2025

UAE ranks first globally in Global Entrepreneurship Monitor 2024-2025 Report for fourth consecutive year

H.E. Alia Al Mazrouei: The UAE has adopted a forward-looking vision to develop a comprehensive entrepreneurial ecosystem. The strong entrepreneurship indicators achieved reflect our commitment to …

Posted on 03/04/2025

Dubai real estate: AVENEW, Al Tamayoz partner to develop luxury beachfront project ‘Rena’ on Dubai Islands

The project features elegantly designed apartments, Dubai’s first sea-level townhouses, and a luxurious penthouse …

Posted on 03/04/2025

Dubai Chambers organises four legal workshops to support companies’ compliance with regulations governing the business environment

Dubai, UAE – Dubai Chambers recently organised a series of four legal workshops aimed at supporting companies in ensuring their compliance with laws and regulations governing the business environment.

Posted on 03/04/2025

From Mumbai To Dubai In Just 2 Hours! Game Changing Underwater Rail Link Project Under Development

A proposed 2,000-km underwater rail link between Mumbai and Dubai will allow trains to travel at 600-1000 km/h, cutting travel time to 2 hours, enhancing trade, and aiming for completion by 2030., Ind …

Posted on 03/04/2025

Full list: Trump’s tariffs on every country, including UAE, Saudi

The tariff regime, described by Trump as a “universal baseline tariff”, aims to set a flat 10 per cent import tax on all goods entering the US …

Posted on 03/04/2025

Sharjah Maritime Academy introduces micro-credentials through Educhain’s blockchain platform

This initiative allows students to earn verifiable digital certifications for specialized skills and achievements, enhancing their employability and academic records …

Posted on 03/04/2025

Major contractors in battle for strategic project in top class Middle East gas reserve

Gas-based projects worth upwards of $25 billion are currently in the execution phase in Abu Dhabi, with several other key gas developments set to gain momentum …

Posted on 03/04/2025

Trump says he will impose 10% tariff on UAE imports, with higher rates for some countries

The sweeping duties would erect new barriers around the world’s largest consumer economy, reversing decades of trade liberalization that have shaped the global order.

Posted on 02/04/2025

Sharjah Ramadan Festival 2025 ends with $136m in sales

The Sharjah Ramadan Festival 2025 ended with around half a billion dirhams ($136m) in sales and made a significant boost to the emirate’s retail sector and commercial activity.

Posted on 02/04/2025

The case for onshore: Dubai is about more then offshore and free zones legal work

Excello Law expanded our UK law firm into Dubai recently and one of the most significant decisions we made was to operate as a mainland firm rather than setting up in a free zone.

Posted on 02/04/2025

UAE’s Comprehensive Economic Partnership Agreements with Costa Rica and Mauritius come into force

Two of the UAE’s Comprehensive Economic Partnership Agreements (Cepas) came into force on Wednesday, laying the foundation for increased trade and investment with the strategically located and rapidly …

Posted on 02/04/2025

FinTech LIVE Dubai Q&A With Amnah Ajmal of Mastercard

FinTech Magazine sits down with Amnah Ajmal EVP of Market Development (EEMEA) at Mastercard ahead of her appearance at FinTech LIV Dubai 2025 …

Posted on 02/04/2025

Return from Dubai equities remains on solid ground

In the wider GCC, the MSCI GCC index also witnessed a marginal decline of 0.4 per cent during the month despite a broad-based decline across the seven exchanges in the region.

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