Oman has announced plans to issue a personal income tax as part of a broader push to move the sultanate’s economy away from reliance on hydrocarbons.
Dubai Mall/Burj Khalifa Metro Station Is Enroute To A Complete Transformation
Did you know passenger numbers at the Burj Khalifa/Dubai Mall Metro Station exceeded 10.577 million in 2024, with nearly 58,000 daily boarding and alighting? Wow, those are some big numbers! It’s …
How Fintech Is transforming the mortgage industry in the UAE
Chat with advisors. Upload documents securely from their phones.
Dubai becoming the top legacy hub for African super-rich
For African investors, the UAE presents a seamless path with its transparent legal environment, absence of capital gains and inheritance taxes, and 100% foreign ownership across key industries …
Iran-Israel war: UAE oil pipeline offers safe alternative in case of Hormuz closure
The conflict between Iran and Israel has escalated significantly, with the United States now directly involved. This has triggered fears of a closure or harassment of shipping through the Strait of …
Half of India’s LNG imports come from Qatar and UAE, relying on Strait of Hormuz for supplies
India imports around 50 percent of its total natural gas requirement, out of which over 50 percent is supplied by two Gulf countries that ship LNG to India via the Strait of Hormuz route – Qatar and …
Strait of Hormuz: Asia’s oil supply from Iraq, KSA, UAE, Qatar, and Iran
Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading …
LuLu launches new hypermarket in MBZ City, Abu Dhabi
LuLu Group has further strengthened its presence in the UAE with the launch of a new flagship hypermarket in Mohammed Bin Zayed (MBZ) City, Abu Dhabi. Strategically located on Al Ruha Street, this …
Is it safe to travel to Abu Dhabi amid US strikes
The UK Foreign Office has issued a warning to travellers considering a trip to Abu Dhabi amid rising tensions in the Middle East and US strikes on Iran. With its skyline of towers, theme parks and …
Sharjah introduces marriage leave for government employees
Sharjah introduced marriage leave for employees in government agencies, who will be eligible for eight days of leave. This move, introduced for the first time, comes under a new decree-law on human …
Oman to impose 5% income tax on high earners from 2028
Under the Personal Income Tax Law issued by Royal Decree No. 56/2025, the aim of introducing income tax is to diversify income sources of the government and reduce dependence on oil revenues.
Oman moves to become first Gulf state to impose personal income tax
Oman issued a royal decree to become the first country in the Gulf to impose a personal income tax, its tax authority said on Sunday, as the small oil producer works to diversify its revenue stream.
Oman Plans Income Tax on Top Earners in a First for Gulf States
Oman has announced plans to impose income tax, becoming the first Gulf state to do so in an effort to broaden its sources of public revenue beyond oil.
H-1B Visas Revoked: US Sends Tech Workers Back Home For Staying Too Long in India
Three Indian nationals face entry denial into the US due to overstaying their H-1B visa duration, highlighting strict immigration policies.
Dubai Customs secures HBC Women Leadership Award in London
The RSA is a historic organization that has been championing social progress and innovation since its establishment in 1754 …
The Iran-Israel conflict isn’t denting Chinese business optimism in the Middle East
Overall, Chinese merchants are relatively optimistic,” says Bear Huo, China general manager at FundPark, a fintech startup.
‘A great place to retire…’: Financial advisor calls India bad for business; ranks life in UAE, Singapore, Thailand
When it comes to building wealth, Akshat Shrivastava, Founder of Wisdom Hatch, said India ranks poorly. “Not only the operating taxes are crazy high (and you get jack-shit in return). The regulations …