India allots 180-tonne gold import quota from UAE under CEPA for FY26 at 5% duty. DGFT received 2,960 applications—25 times the quota—rejecting 1,400 amid controversy over turnover criteria.
Dubai Gold can come only through agencies nominated under CEPA
India has restricted gold and silver imports in specific forms to curb misuse of the India-UAE CEPA. The move, following a Budget FY26 announcement, aims to prevent gold imports disguised as platinum …
UAE chase record 206 in Sharjah, beat Bangladesh for first time in T20I cricket
The UAE pulled off their highest-ever T20I chase to beat Bangladesh for the first time in T20I cricket. Captain Muhammad Waseem led from the front with a blistering 82 in Sharjah.
UAE pull off historic chase to stun Bangladesh in Sharjah thriller
UAE stunned Bangladesh in a dramatic finish to the second T20I, chasing down a record 206 with just one ball and two wickets to spare at the Sharjah Cricket Stadium on Monday night.
Donald Trump Calls Disney Abu Dhabi Resort “Incredible” After Meeting With Bob Iger
During his visit to Abu Dhabi last week, Donald Trump made a passing reference to a meeting he had days earlier with Walt Disney Co. CEO Bob Iger. Iger, Trump said, showed him recently announced plans …
Pentagon touts major defense partnership with United Arab Emirates
The Trump administration plans to establish a “Major Defense Partnership” with the United Arab Emirates (UAE), bilateral cooperation that could mean joint weapons development and closer military …
Nvidia, UAE’s MGX Plan to Build Europe’s Largest Data Center
Nvidia Corp. and Abu Dhabi investment vehicle MGX are partnering with French firms to establish what they say will be Europe’s largest artificial intelligence data center campus, advancing French and …
AI fuels Dubai’s property boom; draws millennial buyers
Dubai’s property market, long an epitome of architectural marvels and reimagined luxury, is undergoing a seismic shift, not through towering skyscrapers or sprawling waterfront estates, but through …
Dubai property scam: 28-year-old remanded over $61,900 fraud
A 28-year-old Ugandan man residing in Lamtara 1, Jumeirah, Dubai, has been remanded to Luzira Prison for allegedly defrauding a Uganda People’s Defence Forces (UPDF) officer of over $61,900 …
Ripple launches cross-border blockchain payments in UAE
Ripple, the creator of cryptocurrency XRP (XRP), launched cross-border blockchain payments in the United Arab Emirates (UAE), a development that could spur the adoption of cryptocurrency in a country …
Structure, Substance and Strategic Tax Planning: Nirav Shah on Why the UAE is Earning Global Trust
Shah praised the UAE’s Golden Visa programme, family-friendly ecosystem, and lifestyle infrastructure, noting how these have all contributed to a dramatic rise in global wealth relocation. But he …
DGFT Aligns Import Policy Schedule With Changes Made In Customs Tariff Plan
The budget introduced new harmonised system codes for key items like gold dore, silver dore, and platinum containing at least 99% platinum.
HODL 2025 Wraps Up Landmark Dubai Edition, Announces 31st Global Edition in Riyadh, Saudi Arabia
HODL 2025 concluded its highly anticipated Dubai edition today at Madinat Jumeirah, bringing together a powerful mix of blockchain pioneers, Web3 innovators, DeFi leaders, regulators, and …
Sharjah beat Sailors to claim AFC CL2 glory
SINGAPORE: Sharjah FC claimed the AFC Champions League Two 2024-25 title with a dramatic 2-1 win over Singapore’s Lion City Sailors at …
Abu Dhabi’s industrial GDP up 23% to Dhs111.6 billion in 2024
The Abu Dhabi Industrial Strategy (ADIS) is supercharging the manufacturing sector and accelerating the economic diversification in the emirate.
OpenAI’s Sam Altman rips ‘naive’ critics of Trump-backed AI chip deals with UAE, Saudi Arabia
OpenAI boss Sam Altman defended the Trump administration’s move to support artificial intelligence deals with the UAE and Saudi Arabia while blasting critics of the arrangements as “naïve.” …
DGFT Aligns Import Policy with Customs Tariff Changes
The DGFT has aligned India’s import policy with changes made in the Customs Tariff schedule for precious metals, ensuring consistency between customs duties and regulations. The new HS codes aim to …