In a new step to strengthen its position in Dubai’s luxury real estate market, Binghatti Developers has now launched ‘Binghatti Skyrise’, in the heart of Business Bay area of Dubai, aiming to meet the …
Sotheby’s Gets a $1 Billion Financial Lifeline in Deal With Abu Dhabi
Sotheby’s confirmed Wednesday it had closed a $1 billion investment deal with an Abu Dhabi sovereign wealth fund—giving the auction house a financial lifeline it needs to pay down some of its debt.
KRA wins Sh122m tax fight with KTDA’s Dubai unit
The Tax Appeal Tribunal (TAT) said that KRA was justified to demand tax from the UAE-based KTDA Dubai Multi Commodities Centre, because some of the firm’s operations took place in Kenya. “The Tribunal …
UAE introduces new tax law
The UAE has announced new laws to transform tax collection and record-keeping for businesses in the country. Under new rules, taxpayers in the UAE will be able to standardise and automating invoicing …
6 new rules introduced in the UAE in 2024 to know about
Important updates relevant to residents… Each year, the UAE makes significant changes to its laws to make it easier for residents to enjoy life in Dubai. From paid parking in Dubai Mall to a complete …
UP GLOBAL and Huawei Forge Strategic Partnership, Ushering in a New Era of FinTech Innovation
On October 17, 2024, at the GITEX GLOBAL 2024 tech summit in Dubai, UP GLOBAL and Huawei announced a strategic partnership aimed at accelerating innovation in the global fintech sector and driving …
Pivotal time for investors as Dubai’s land prices soar amid off-plan boom
Zooming out to the broader landscape, the availability of land in Dubai today is significantly more limited compared to five years ago. This scarcity is particularly pronounced in high-demand areas …
Abu Dhabi Has Officially Acquired a Minority Stake in Sotheby’s
Two months after Sotheby’s announced it would sell a minority stake in its business to ADQ, an Abu Dhabi sovereign wealth fund, the auction house has confirmed the deal has gone through.
UAE says overstayers will be penalised after amnesty ends on Thursday
Moreover, joint inspection campaigns with the relevant authorities will commence on Nov.1, targeting individuals who have overstayed their visas.
Dubai Realtor Asma Akram Muhammad lists a luxurious villa in Palm Jumeirah as per current market price
A gem of property that is close to a golf course and has been thoughtfully designed to maximise on the views and capture the most out of the surroundings, with a direct view to the downtown skyline.
Dubai Realtor Asma Akram Muhammad lists a luxurious villa in Palm Jumeirah as per current market price
A gem of property that is close to a golf course and has been thoughtfully designed to maximise on the views and capture the most out of the surroundings, with a direct view to the downtown skyline.
Dubai: First 1,000 reef modules completed in world’s ‘largest purpose-built’ project
The modules aim to establish a vibrant marine habitat for reef fish and aquatic fauna such as hard and soft corals, sea anemones, sponges and mollusks …
Abu Dhabi real estate to see secondary market boom as 4,000 new villas and townhouses to be delivered
MCRE expects nearly 4,000 villas and townhouses to be delivered from leading developers in Q4 2024 with Yas Island alone accounting for 40 per cent of all units delivered in Abu Dhabi.
Crown Prince of Abu Dhabi visits AI Singapore
SINGAPORE, 30th October, 2024 (WAM) — H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has visited AI Singapore, a programme aimed at advancing and strengthening Singapore’s AI capabilities.
McLaren’s Next Big Investor? Abu Dhabi’s CYVN Holdings Eyes Major Stake in British Supercar Icon
In a potential game-changer for the luxury automotive industry, Abu Dhabi’s CYVN Holdings is eyeing a significant investment in McLaren Automotive. This bold move aligns with CYVN’s global strategy to …
Wizz Air Abu Dhabi announces 20% discount on all flights during winter schedule
Wizz Air Abu Dhabi is marking its expanded winter schedule with a 20 per cent discount on all flights. This flash promotion will be available to WIZZ Discount Club members on October 30 and open to …
VinFast in non-binding $1 billion funding deal with UAE investors, source says
HANOI (Reuters) -Vietnamese electric car maker VinFast has signed a non-binding deal with a consortium of Emirati investors to receive at least $1 billion in funding, a person with direct knowledge of …