F ollowing Trump’s recent visit to the United Arab Emirates to announce new trade deals, the family of American hostage Zack Shahin, who was arrested, detained, and later kidnap …
Aldar reveals master plan for $10.8bn Fahid Island development in Abu Dhabi
United Arab Emirates (UAE)-based real-estate developer Aldar has announced the master plan for Fahid Island, a new destination in Abu Dhabi with a gross development value of over Dh40bn ($10.8bn). The …
NRIs in UAE: How to file tax returns for capital gains
Question: I have not been filing my tax return in India after I came to the Gulf. However, during the financial year 2024-25 I made capital gains on sale of investments and therefore I will be filing …
A sky-high penthouse is on sale in Dubai – but Emirati luxury is moving down to earth
Visitors to the Burj Khalifa are usually content with a latte at Atmosphere on the 122nd floor and a view of Dubai from the observation deck. But last week I took a different lift – or rather three – …
Why Fitch thinks Dubai’s real estate market is ‘close to the peak’ now
Fitch expert says recent increase in Dubai property prices won’t sustain. Redmond Ramsdale sees 15% correction in Dubai’s real esate market.
UAE’s Alterra targets Italian solar as part of $250B green finance drive
The Emirati private investment fund aims to mobilize $250 billion through partnerships in global climate finance annually.
Ghana and the UAE ink $1B deal to build West Africa’s largest AI and tech hub
Ghana and the UAE signed an MoU to establish a technology and innovations hub to boost Ghana’s digital evolution as a center for AI and emerging tech.
Offshore accounts of UAE expats: All you need to know
Dubai – The word offshore banking often evokes quite a number of unsavoury connotations. It’s associated with tax evasion, money laundering and high-level of secrecy, but the truth is that anyone can …
Abu Dhabi’s XRG targets gas, LNG capacity of 20-25 million tons a year by 2035
XRG, the international investment arm of Abu Dhabi National Oil Company, said on Tuesday it aims to have a gas and LNG business with capacity of between 20 million and 25 million metric tons per annum …
Dubai is taking a leadership role in real estate tokenisation
Dubai is taking a leadership role in the Middle East in real estate tokenisation that, according to Dubai Land Department, will reach to a market value of Dh60 billion ($1 billion), while the global …
How Moniepoint received approval to acquire a Kenyan Bank
Nigeria’s fintech, Moniepoint, has been approved by the Competition Authority of Kenya to acquire a 78% stake in Sumac MfBThe deal will allow Moniepoint to enter Kenya’s tightly regulated financial …
Crypto Daybook Americas: Bitcoin Weakness Fails to Stop Corporate Adoption Wave
The cryptocurrency bull run has stalled since bitcoin (BTC) hit a record high above $110,000 last month. However, corporate adoption continues at a brisk pace. Shares in Norway-based crypto exchange …
Solana Foundation signs MOU with Dubai’s Virtual Assets Regulatory Authority
Solana (SOL) price posts mild gains, trading around $160 at the time of writing on Tuesday, as the SOL Foundation signs a Memorandum of Understanding (MOU) with Dubai’s Virtual Assets Regulatory …
Solana Foundation Signs Crucial MoU With Dubai’s VARA: Details
Solana Foundation and Dubai’s Virtual Assets Regulatory Authority (VARA) have signed an MoU to establish the Dubai Solana Economic Zone.
Ripple’s Stablecoin RLUSD Gets Regulatory Nod In Dubai
Ripple’s XRP/USD U.S. dollar-backed stablecoin RLUSD has received regulatory approval from the Dubai Financial Services Authority (DFSA), allowing it to be used as a legal payment mechanism within the …
Taiwanese crypto exchange BitoPro confirms estimated $11.5 million hack
BitoPro, a Taiwanese crypto exchange, confirmed on Monday that it was “attacked by hackers” during a recent system upgrade after a crypto sleuth brought attention to $11.5 million worth of suspicious …
Brits flock to Dubai to avoid tax hikes, but are they ‘forgoing their British values’?
Caller Michael’s daughter is emigrating to Dubai for the ‘sake of her children and her sanity’, but are they ‘forgoing their British values’, asks Tom Swarbrick.