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 …
Ground Control FEC opens at mall in Dubai
Sky Zone, the US indoor active entertainment brand, is slated to open a new indoor trampoline park in Brooklyn, New York, US, this summer. Ground Control is led by Mohamed Attia, the former CEO of Al …
Here’s all you need to know about the Burj Khalifa/Dubai Mall Metro station major upgrade
Dubai’s RTA and Emaar announce a major expansion of the Burj Khalifa/Dubai Mall Metro Station, boosting capacity by 65% to handle 220,000 daily passengers amid surging footfall in Downtown Dubai. Here …
UAE reinforcing its place as world-class startup hub with ecosystem built for success
Tech investor and entrepreneur Abdumalik Mirakhmedov hails sustained government drive to create dynamic, pro-business landscape for founders …
Three Indian H-1B holders denied US entry, visas cancelled in Abu Dhabi
B visa holders from India were refused entry into the US and had their visas revoked after overstaying in India; one for nearly three months, the others for longer. Authorities directed them to return …
BCCD keeps Dubai’s business community buzzing this summer
The British Chamber of Commerce Dubai supports members year-round with targeted networking, brand visibility, and curated business development opportunities …
Dubai: Gold prices slip despite US strikes on Iranian nuclear sites
The Dubai Jewellery Group data showed 24K slipping to Dh404.75 per gram on Monday morning, down from Dh406 per gram at the close of the markets over the weekend …
Dubai to expand Burj Khalifa/Dubai Mall Metro Station; here’s what it involves
The Burj Khalifa/Dubai Mall Metro Station is a key hub in the Dubai Metro network, thanks to its strategic location …
Dubai real estate: Property market attracts international investors as FDI surges 48% to $45 billion
Data from the Dubai FDI Monitor shows that real estate contributed 14 per cent of total estimated FDI capital flows into Dubai in 2024 …
21 Crypto Tax-Free Countries in 2025
Discover the best crypto tax-free countries to maximize your investments, avoid common tax mistakes and the worst countries taxing crypto.
India’s Russian Oil Imports Surge to Two-Year High, Outpacing Middle East Suppliers Amid Iran-Israel Tensions
India has started importing Russian oil. Saudi Arabia and Iraq are the major Middle Eastern suppliers. Due to Israel’s attack on Iran, the market has become volatile. 2-2.2 million barrels of Russian …