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Tag: business

Posted on 25/06/2026

How Dubai is trying to bring tourists and investors back after months of regional tensions

Dubai convened business leaders following Iran’s strikes to mitigate economic fallout, pledging $681 million in support. While a preliminary peace deal eases immediate strains, restoring investor …

Posted on 25/06/2026

The UAE food sector is changing. Can supply chains keep up?

Delivery orders at UAE restaurants in our network rose 18.3% year-over-year in Q1 2026, even as the number of restaurants offering delivery dropped from 342 to 332. Dine-in locations also fell, from …

Posted on 25/06/2026

GEMS Education: Families still choosing Dubai despite regional uncertainty

GEMS Education says Dubai demand remains strong despite regional tensions, with 20,000 new school places planned across the UAE …

Posted on 24/06/2026

Abu Dhabi awards world’s largest gas cap project to ADNOC-led consortium

Abu Dhabi awards the Bab Gas Cap concession to an ADNOC-led consortium. The project will produce 1.5bn cubic feet of gas per day The Supreme Council for Financial and Economic Affairs (SCFEA) has …

Posted on 24/06/2026

Sharjah extends paid parking hours to midnight from July 1

The new rule unifies the timings for all paid parking areas, specifically extending the hours for zones marked with yellow signs to match those with blue signs …

Posted on 24/06/2026

Sharjah population jumps 51% in 10 years to reach 2.13 million, census shows

Sharjah’s population has risen to 2.13 million, recording a 51 per cent increase over the past decade, according to the results of the Sharjah Census 2025 announced on Wednesday.

Posted on 24/06/2026

Duo accused of promoting unlicensed sale of Mounjaro injections in Sharjah

Sharjah Misdemeanor Court heard a case in which two people were accused of endangering people’s lives and health by selling Mounjaro injections intended …

Posted on 24/06/2026

Dubai announces four-day week for some employees, shorter working day for others

Dubai government employees will follow new summer working arrangements from June 29, including shorter hours and a Friday-off option until September 10 …

Posted on 24/06/2026

BCL Globiz reports surge in corporate tax compliance requests ahead of July 31 FTA deadline

UAE-based tax advisory firm BCL Globiz has reported a significant increase in corporate tax registration and compliance enquiries from small and medium-sized enterprises (SMEs) and free zone …

Posted on 24/06/2026

Sharjah extends paid parking hours until midnight

In a move designed to accommodate the emirate’s growing population and tourism sector, the Sharjah City Municipality has announced that paid public parking hours will be extended until midnight …

Posted on 24/06/2026

UAE employers face AI and cyber workforce risks

UAE employers are facing a growing workforce resilience challenge as artificial intelligence adoption, cyber threats, rising health costs and regional disruption place new pressure on employees and …

Posted on 24/06/2026

UAE successfully continues diversification efforts with expansion of innovation sector

The decade-long investment by the United Arab Emirates in developing its knowledge-based economy is beginning to yield massive, tangible returns, steadily prep …

Posted on 24/06/2026

Law firm Perez-Llorca sets up in ADGM as Abu Dhabi continues to attract global companies

Ibero-American firm aims to capitalise on growing ties between Gulf states and core markets in Latin America …

Posted on 24/06/2026

Abu Dhabi-backed MGX raises $50B for AI bets

MGX, the Abu Dhabi-backed investor in OpenAI and xAI, has raised nearly $50 billion that it will plow into the AI sector, Bloomberg reports .

Posted on 24/06/2026

UAE tax: Major reform to be rolled out within days

The UAE is introducing significant tax reform through a scheme that will come into effect as early as July 1. The innovative e-invoicing system will be based on a decentralised Continuous Transaction …

Posted on 24/06/2026

UAE’s luxury retail shifts to experiences as brands chase wealthy travellers, residents

Report highlights Dubai’s rise as a global luxury hub, with retail growth increasingly driven by hospitality, tourism and high-net-worth inflows …

Posted on 24/06/2026

UAE opens first-ever retail T-Sukuk subscription, offering 4.3% returns to individual investors

The programme is the first initiative of its kind in the UAE and is designed to provide citizens and residents with direct access to a sovereign investment instrument …

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