Sheikh Tahnoon has unprecedented control over capital, data, and infrastructure, allowing him to move with a level of flexibility that even Silicon Valley’s biggest venture capitalists can’t match.
Saudi bourse extends losses on weak earnings; ENBD lifts Dubai
Saudi Arabia’s stock market in the Gulf ended lower on Thursday, extending losses for a third session amid a slowdown in corporate earnings, while top lender Emirates NBD helped the Dubai index.
Ensuring Compliance: Key considerations for filing your first UAE corporate tax return
With the introduction of Corporate Tax (CT) in the UAE, businesses must navigate compliance complexities while ensuring accurate financial reporting. Preparing for the first CT return requires an …
How UAE’s interest deduction limitation rule is impacting businesses – A need for balanced reform
The UAE’s Interest Deduction Limitation Rule as per Article 30 Federal Decree-Law No. 47 of 2022 on Corporate Taxation aims to enhance fiscal transparency and to maintain adequate capital and not be …
Dubai Customs organises forum on future, impactful innovations
Dubai Customs hosted the “Future and Impactful Innovations Forum” as part of the UAE Innovates 2025 events, gathering a distinguished group of experts, specialists, and innovation leaders to discuss …
The Abu Dhabi Royal Who Controls $1.5 Trillion—And Is Betting Big on AI
Cash is splashing into the artificial intelligence sector at unprecedented rates. One of the biggest spenders: Sheikh Tahnoon bin Zayad Al Nayhan, the brother of the president of the United Arab …
Ramadan 2025: Budget iftars under Dh300 in Abu Dhabi, Dubai and Sharjah
Ramadan is expected to begin on March 1 this year, with final confirmation awaited from the UAE’s moon-sighting committee. Restaurants across the Emirates have commenced their iftar and suhoor …
Abu Dhabi crown prince welcomed with guard of honour in Islamabad as first official visit begins
Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan was welcomed with a guard of honour at the Prime Minister House in Islamabad on Thursday as he arrived on his first official visit …
History of Business Hubs: Dubai
While Dubai has relatively recently become a booming hub for business, its history as a trading hub dates back centuries.
Student life in Dubai: a diverse and dynamic education system
Dubai is known for its towering skyscrapers, vibrant multicultural environment and a thriving economy, but it is also home to a diverse and dynamic education system. For students, Dubai offers …
India’s small town investors flock to Dubai property: Why it’s worrying ED
Investors from cities such as Indore, Bhilai, Ranchi, Pune, Nasik and Lucknow are increasingly buying residential properties in Dubai, in what is being seen as a shift in the investor base …
Dubai’s short-term rental market set for 18 per cent surge
Dubai’s short-term rental market is projected to surge by 18% in 2025, driven by booming tourism and investor confidence. Monty Holiday Home introduces a subscription-based model to maximize homeowner …
Keeping it in the family: How these Emirati sisters turned baby food recipes into a business
When key business pillars such as investment guidance, financial support, product expertise, and digital marketing come together under one roof—especially with family support—it creates a strong …
Arada open to IPO amid market growth as $1.52bn Sharjah project sells out in three hours
Arada, which currently serves the Sharjah and Dubai markets, is also looking at entering other emirates, Mr Alkhoshaibi said. “We have Ras Al Khaimah coming up soon and we’re looking at Abu Dhabi,” he …
Dubai Emerges As A Magnet For Ultra-Wealthy Investors And Family Offices
Dubai is solidifying its status as a premier destination for ultra-high-net-worth individuals and family offices, driven by a confluence of strat …
UAE: Retail lending fuels robust banking sector growth
The UAE banking sector delivered a resilient performance in 2024, marked by double-digit lending growth, improved cost efficiency, and a five-year low in risk costs, according to a report by global …
Alvarez & Marsal releases FY2024 UAE Banking Pulse
Cost efficiency and asset quality shone as the cost of risk (CoR) hit a 5-year low at 0.5 percent …