If you look at the way Dubai was built over time, I have always said that not having oil was a blessing, because it really has forced us to be entrepreneurial. Indeed, over the past 50 years, Dubai …
DUBAI PROPERTIES: ACC identifies Saifuzzaman, Nafeez Sarafat among 72 Bangladeshis
The Anti-Corruption Commission has identified 72 individuals, including former land minister Saifuzzaman Chowdhury and former Padma Bank chairman Chowdhury Nafeez Sarafat, in connection with alleged …
Here’s what Dubai’s new public health law covers
Public and private sector entities are required to cooperate fully with authorities and share data relevant to public health under the law …
19 US fintech startups have raised over $50M in 2025 so far
The San Francisco-based company clarified that the financing was not, in fact, a Series E round, but rather a sale of common stock, which involves a company directly issuing new shares to raise …
PayPal expands in MENA with new Dubai hub serving 80 countries
Speaking from the Dubai AI Festival 2025 today, Suzan Kereere, President of Global Markets at PayPal, said: “PayPal is uniquely positioned to bridge the gap between consumers and businesses for …
Sharjah property sector zooms as realty deals reach Dhs13.2b
Shamsi, Director General of the Sharjah Real Estate Registration Department, stated: “The qualitative leaps witnessed by Sharjah’s real estate are a fundamental pillar in the comprehensive and …
UAE insurance market expected to witness 20% growth
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.
Regulatory hurdles cause 73% of fintechs to fail by year 3
Over seventy-three percent of fintech startups fail within their first three years due to preventable regulatory compliance …
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 …