As the first pilot country, Bhutan was selected for its commitment to innovation and its willingness to explore cost-effective, context-sensitive technology solutions to drive economic growth …
68% of Tokenized Property Investors in Dubai Are First-Time Buyers: Dubai Land Department
Dubai’s real estate market is witnessing a surge in new investors thanks to its new tokenized property initiative.
UAE announces deduction of tax depreciation on fair-valued investment property for firms
The tax depreciation deduction available will be the lower of the tax written down value of the investment property or four per cent of the original cost of investment property.
UAE: Ministry of Finance issues Ministerial Decision on Depreciation Adjustments for Investment Properties held at Fair Value
Under this decision, taxpayers (who elect for the realisation basis) can elect to deduct depreciation from their taxable income (hereafter known as ‘tax depreciation’) for investment properties that a …
Dubai Chambers launches Dubai Hub London
Dubai Chambers has announced the launch of Dubai Hub London, its first international centre, designed to offer integrated government and private sector …
Emirates has a budget airline and it’s rolling out new business class seats
EMIRATES has a budget airline most people don’t know about – and it is launching new business class seats flydubai connects Dubai with destinations around Europe, Africa and Southeast …
Dubai real estate: PRYPCO Mint tokenises $2.5m of property in first month
Licensed by VARA and partnered with the Dubai Land Department, PRYPCO Mint is transforming real estate investing through government-backed property tokenisation …
Sharjah Ruler announces stunning new road to Khorfakkan
The Sharjah Ruler called it ‘a marvel like no other’ His Highness Sheikh Dr. Sultan bin Mohamed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, announced the building of a new road …
Sharjah Ruler announces tree-lined mountain road with homes, waterways in Khorfakkan
His Highness Dr. Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, announced a miracle road above the peaks of mountains …
Sharjah to get new mountain road leading to Khorfakkan’s highest peak
The road will be surrounded by trees, plantations, water channels, and beautiful residences, transforming the journey into a delightful tourist experience in a mild and cool winter climate.
UAE: How companies are adapting to work in increasingly hot conditions
By midday in Dubai, the heat isn’t just felt — it’s navigated. The air wraps around you like plastic, thick with humidity and grit, turning basic tasks into slow, deliberate movements. Sunglasses fog.
Kenya’s largest bank to open UAE office to attract Gulf wealth
Equity Group Holdings Plc, Kenya’s largest lender, plans to establish an office in the United Arab Emirates (UAE) in the fourth quarter of the year. ・Equity Group Holdings Plc plans to open a UAE …
UAE Central Bank fines foreign bank $163,000 for non-compliance
The branch had failed to meet the requirements set out in the Market Conduct and Consumer Protection Regulations and Standards.
United Arab Bank net profit up by 50% for the first half of 2025
Highlights: Net profit reported at AED 208 million for H1 2025 compared to AED 139 million for H1 2024; reflecting a YoY increase of 50%. Earnings per share rose to AED 0.
Get free ice cream at Dubai Festival City Mall this weekend
Dubai Festival City Mall is giving away thousands of free ice cream scoops this weekend to celebrate International Ice Cream Day …
Shifting sands: The UAE is solidifying its global crypto takeover
The Middle East is not taking a back seat in the digital revolution. Once it banked on its natural resources like oil, today, it leads in the digital asset sphere. Europe and the USA are the spark …
New road to connect Sharjah with Khorfakkan, reveals Sheikh Sultan
Sharjah: His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, has announced the construction of a new road over the mountain peaks connecting …