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Tag: fintech

Posted on 21/07/2025

Husband booked in suspected dowry death of Kerala woman in Sharjah

KOLLAM: Thekkumbhagam police have registered a case against Sasthamcotta native Satheesh Sankar following the suspected suicide of his wife, Athulya, 35, in Sharjah. She was found hanging in her …

Posted on 21/07/2025

Sharjah summer youth programme draws strong community support

The interactive summer programme “Our Holiday is Different”, organised by the Sharjah Old Cars Club in collaboration with the Sharjah Sports Council, is witnessing wide participation from over 18 …

Posted on 21/07/2025

Gold prices up in Dubai; some shops see low footfall amid high prices, summer break

Gold prices rose Dh1 per gram on Monday. Investors this week will be monitoring developments in US trade talks and the Federal Reserve’s policy meeting scheduled for next week …

Posted on 21/07/2025

Dubai’s Real Estate soars to record transactions of Dh431 billion in H1 2025

Dubais real estate market recorded transactions worth of over Dh431 billion, which is about 26 per cent more than last years first half, as reported by the Gulf news.

Posted on 21/07/2025

UAE tax authority announces $871mln in tax refunds for Emiratis building new residences by June

“Notable examples include the tax refund services for new residences for UAE nationals and VAT refund for tourists, which have undergone continuous improvement to streamline and expedite the refund …

Posted on 21/07/2025

UAE to impose higher taxes on sugary drinks

The UAE has revised its excise tax structure for sugar-sweetened drinks to encourage healthier lifestyles. The current flat-rate tax will be replaced by a tiered model starting in 2026, the …

Posted on 21/07/2025

Federal Tax Authority announces AED 3.2bln in tax refunds for UAE nationals building new residences by June 2025

The FTA also highlighted that more than 7,000 new applications for VAT refunds for UAE nationals building new residences were approved between June 2024 and June 2025, amounting to AED 653.1 million.

Posted on 21/07/2025

Dubai to take control of offshore oil resources | Reuters

Dubai has joined those oil producers tightening their grip on energy assets, … Dubai to take control of offshore oil resources. By Reuters. August 9, 2007 9:10 PM UTC Updated January 20, 2007 …

Posted on 20/07/2025

Middle East Emerging As A Major Global Fintech Hub

The Middle East is fast becoming one of the world’s most exciting fintech frontiers. Digital banking adoption in the UAE is soaring, 89 …

Posted on 20/07/2025

UAE navigates global tariff storm with oil stability and fiscal strength

While global headlines focus on tariff escalation, the exemption of crude oil from US tariffs protects a key revenue stream for the UAE. Latest developments within Opec+ may play in the UAE’s favour …

Posted on 20/07/2025

Abu Dhabi oil company to merge 2 offshore divisions in UAE

DUBAI, United Arab Emirates – The United Arab Emirates’ main state oil company is combining two major offshore divisions as it streamlines its operations amid a slump in oil prices. The Abu …

Posted on 20/07/2025

UAE Offshore Centre gains ground over Virtual offices in the … – ZAWYA

25 November 2010 Low costs, ease of incorporation and multiple services under one company make offshore setups attractive, says Jitendra Business Consultants. The facility to set up UAE-based offshore …

Posted on 20/07/2025

Setting up offshore firm in UAE is more economical

There are four offshore jurisdictions in the UAE, viz. Jebel Ali Free Zone, RAK Free Trade zone, RAKIA and Ajman Free Zone. Published: Mon 4 Jan 2016, 11:00 PM Updated: Tue 5 Jan 2016, 8:20 AM …

Posted on 20/07/2025

Watch: Heavy rains lash parts of Dubai, Abu Dhabi; showers expected until evening

The showers are a result of convective cloud formation, which have come along with fresh to strong winds, causing blowing dust at a speed of 45 km/hr over some eastern and southern areas.

Posted on 20/07/2025

Sharjah: Dh1-million project to supply electricity, water in residential area in Wadi Al Helo

The initiative by Sharjah Electricity, Water, and Gas Authority (Sewa) includes the establishment of an 11 kV electricity distribution station, installation of five electrical distribution boxes, and …

Posted on 20/07/2025

Dubai real estate: Property transactions hit nearly $118bn in first half of 2025

The Dubai real estate market has achieved transactions worth AED431 billion in the first six months of 2025, representing a 25 per cent increase compared to the same period in 2024. The market …

Posted on 20/07/2025

Can Indian tech startups save on taxes legally by relocating to Dubai?

The Indian Income Tax Act is not taxing a person simply because he is an Indian citizen—it is taxing him on residence. Even if the Indian founder moves to Dubai but is still a tax resident of India …

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