Listed insurers reported a 21 per cent surge in insurance revenue for 2024, driven by premium rate hikes in motor and property lines and strategic mergers and acquisitions.
4-month rent relief for restaurants, F&B outlets as Dubai Fountain closes for upgrade
Emaar said a decision was taken to offer rent relief because Dubai Fountain “served as a key attraction for visitors to these venues”. Emaar will extend the rent relief to around 50 outlets …
Old Dubai: The Other Side of a Megacity
Within Al Fahidi, the Sheikh Mohammed Centre for Cultural Understanding … Just as much as Bur Dubai and Deira shaped the city we see today, they still play an important role in its existence …
Dubai Deira Waterfront gets 6 new hotels; 999 keys added to city’s hospitality sector
and the Investment Corporation of Dubai (ICD) have announced a significant partnership expansion by opening a six-hotel cluster at the rapidly developing Deira Waterfront. The ambitious project …
Saudi Arabia Joins UAE and Qatar in Offering Tourist VAT Refunds
Saudi Arabia has a new regulation allowing tourists to claim refunds on the 15% value-added tax (VAT) paid on eligible goods and services.
Money laundering: ACC seeks tax records of 70 Bangladeshis holding Dubai golden visa
The properties in Dubai were allegedly purchased using funds laundered through Swiss banks and other foreign financial institutions …
Emirates looking for Cork cabin crew with tax-free salary and amazing perks
Emirates Airlines are coming back to Cork again as the company seeks to recruit more cabin crew to come live and work in Dubai for a tax-free salary. The world’s largest international airline is …
Discover Das Island Abu Dhabi: A Hidden Gem of the Emirates
Located about 160 kilometers northwest of Abu Dhabi, Das Island Abu Dhabi stands as a vital cornerstone in the UAE’s oil and gas sector. Despite being remote and largely off-limits to the public, this …
Sharjah real estate transactions hit $3.6bn in Q1; top neighbourhoods and investor nationalities revealed
Sharjah real estate transaction value hit AED13.2bn ($3.6bn) during the first quarter of 2025, marking a 31.9 per cent increase compared to AED10bn ($2.72bn) during the same period in 2024. The number …
Best’s Market Segment Report: Operating performance of UAE insurers remains resilient despite unprecedented rains
In its Best’s Market Segment Report, “Operating Performance of UAE Insurers Remains Resilient Despite Unprecedented Rains,” AM Best notes in the face of changes in the nature and frequency of …
Meydan Free Zone launches ‘Fawri’ — The UAE’s fastest 60-minute business license solution
Dubai, UAE – Meydan Free Zone has officially launched Fawri, a groundbreaking new service that enables entrepreneurs to obtain a complete business license in just 60 minutes. This innovative platform …
UAE ranks among top global AI contenders, says BCG report
Mapping the Region’s Readiness for an AI-Driven Future’, places the UAE in the ‘AI Contender’ category alongside 31 other economies, including Saudi Arabia …
Most UAE firms pause hiring in first quarter as corporate tax and costs add up
Most companies in the UAE paused hiring in the first quarter of 2025, choosing instead to operate with existing staff, according to recruitment company Cooper Fitch.The country recorded a 1.25 per …
Abu Dhabi Shares Witness Highest Overseas Buying Among GCC Peers In First Quarter
The Abu Dhabi Stock Exchange (ADX) witnessed the highest buying by foreign investors among GCC stock markets in the first quarter, a rep …
Japan’s crude oil imports in structural decline, dependence on Middle East grows
Japan’s crude imports are in structural decline. The country is increasingly dependent on Saudi Arabia and the UAE, according to Vortexa. The decrease in Japan’s crude imports from 2022 to 2024 can be …
Sharjah Asset Management participates in Arabian Travel Market
Sharjah Asset Management, the investment arm of the Government of Sharjah, is participating in the Arabian Travel Market 2025, which will be held from 28th April to 1st May at the Dubai World Trade …
Empowering UAE Startups: DianApps introduces end-to-end mobile and web development services
The business now provides a full range of digital services designed to meet the demands of UAE startups and focused on development companies …