DMCC’s findings forecast the UAE becoming one of the most important hubs for the gold trade in coming years. This position was significantly bolstered by the UAE leapfrogging the United Kingdom in …
UAE introduces tax relief measures for domestic businesses, foreign partnerships
The Ministry of Finance (MoF) has announced amendments to Ministerial Decision Nos. (261) of 2024 on Unincorporated Partnerships, Foreign Partnerships …
‘A heartfelt goodbye’: Dubai siblings share last update before handing over JioHotstar domain to Reliance
In a generous move, Jainam and Jivika have transferred the JioHotstar domain to Reliance without any charge. The siblings remain committed to their mission of spreading kindness through their new …
Neymar Acquires AED 200 Million Penthouse in Dubai
Dubai continues to cement its status as a global hub for luxury real estate, attracting high-profile figures like Brazilian football star Neymar Jr. The athlete recently purchased an ultra-luxurious p …
Global football star Neymar Jr. acquires Dh200 million penthouse in Dubai
Dubai’s reputation as a hub for luxury real estate continues to grow, attracting global icons like Brazilian football star Neymar Jr. who recently acquired..
Dubai Chamber of Digital Economy organises two workshops to support attraction of AI talent
The sessions support the chamber’s ongoing drive to enhance Dubai’s digital business ecosystem and elevate its global competitiveness …
Football superstar Neymar Jr. buys $54M penthouse in Dubai’s Bugatti Residences by Binghatti
The latest celebrity to join Dubai’s prestigious real estate market is Brazilian football superstar Neymar Jr., who has acquired a penthouse in the ultra-luxurious Bugatti Residences by Binghatti for …
Asia’s fintech firms are eyeing the Middle East for expansion because of low competition and a ‘future friendly’ regulator
The CEO of StashAway, a Singapore digital wealth management platform, sees the same opportunities in the Middle East as he saw in Singapore eight years ago.
‘Will I need to pay tax in UK if I rent out my Dubai apartment after relocating to Scotland?’
Question: We plan to leave Dubai next year to move back to Scotland. We own an apartment and were thinking about selling it but now, I think we will keep it and rent it out. My question is if we will …
BlackRock gets Abu Dhabi license to tap into region’s capital markets
The US asset manager’s Abu Dhabi move comes weeks it announced plans to set up its regional headquarters in Saudi Arabia …
Black Friday: Sales in UAE predicted to see major spike this season as retail majors offer up to 80% discount
Digital media channels are preparing for a major promotional blitz to elevate this year’s Black Friday sales to an entirely new level …
DMCC predicts ‘Asian Century’ for precious metals as UAE surpasses UK to become world’s second-largest gold trade hub
DMCC, the leading international business district that drives the flow of global trade through Dubai, today released a special edition of its Future of Trade thought leadership report focused on the …
UAE, Saudi Arabia dominate Mena M&A activity
The Mena region witnessed an increase in merger and acquisition (M&A) activity with a total of 522 deals amounting to $71.0b. When compared to the same period in 2023, deal volume …
Qatari companies join trade mission to the UAE
The UAE market presents an exceptional opportunity for Qatari companies seeking to expand, a senior official said. “We look forward to empowering our longstanding economic relations with our …
Dubai: RTA develops additional entrances, exits in four neighbourhoods
DUBAI: Aligned with leadership directives to enhance infrastructure in residential areas, support urban expansion, and elevate residents’ quality of life, Dubai’s Roads and Transport Authority (RTA) …
Dubai’s Pemo Secures $7m Pre-Series A Funding to Fuel GCC Expansion
Augmentum Fintech’s CEO, Tim Levene, expressed confidence in Pemo’s potential to drive economic growth across the Middle East. Shorooq Partners, an early investor in Pemo, also reiterated its support, …
UAE stocks worth more than $1tn for first time
Stocks listed in the United Arab Emirates are now worth more than $1tn for the first time, helped by a surge in firms tied to an Abu Dhabi royal that account for more than a …