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Tag: tax

Posted on 18/05/2026

Dubai Holding Real Estate and ADIB launch Sharia-compliant home financing for Nakheel, Meraas and Dubai Properties

Dubai Holding Real Estate and ADIB launch Sharia-compliant dual-track home financing for Nakheel, Meraas and Dubai Properties, covering off-plan and completed homes across Dubai …

Posted on 18/05/2026

UAE blames Iran for drone strike that caused fire at nuclear plant in Abu Dhabi

A drone strike near the Barakah nuclear plant in Abu Dhabi sparked a fire on Sunday, which UAE officials called a “dangerous escalation.” …

Posted on 18/05/2026

Abu Dhabi-based fintech Mal secures in-principle approval for banking license from Central Bank of the UAE

Abu Dhabi-headquartered Mal.ai has received in-principle approval from the Central Bank of the UAE (CBUAE) to establish a licensed bank.The approval, granted following a rigorous and highly selective …

Posted on 18/05/2026

Dubai real estate resilient as buyer and agent activity remain strong, top areas revealed

Bayut and dubizzle data shows Dubai property activity recovering strongly, with buyer demand, agent engagement and enquiries rebounding …

Posted on 18/05/2026

UAE’s Mal secures central bank approval to launch AI-native Islamic digital bank targeting $7tn market

It comes months after Mal raised $230m (AED844m) in a seed funding round, which the company said was the largest fintech seed raise in Middle East and Africa history.

Posted on 18/05/2026

Sharjah’s SEWA advances 29-km water network extension project

SHARJAH: As part of efforts to complete major water projects in record time across Sharjah, Sharjah Electricity, Water and Gas Authority (SEWA) is intensifying work on a major water network extension …

Posted on 18/05/2026

Sharjah’s SEWA advances 29-km water network extension project

SHARJAH: As part of efforts to complete major water projects in record time across Sharjah, Sharjah Electricity, Water and Gas Authority (SEWA) is intensifying work on a major water network extension …

Posted on 18/05/2026

UAE’s Ajman targets German business events market at IMEX Frankfurt

Ajman’s tourism authority is courting the European business events market through its participation in IMEX Frankfurt 2026, one of the largest global trade shows for the meetings, incentives, …

Posted on 17/05/2026

Sharjah pushes ahead with Dhs12 million water network project in Al Suhnoof

Sharjah Electricity, Water and Gas Authority (SEWA) is intensifying its efforts to complete the water pipeline extension project in Al Suhnoof 2 and 3 …

Posted on 17/05/2026

Sharjah plans stricter controls on drone operations under new law

Sharjah Consultative Council (SCC) approved a draft law for 2026 with respect to regulating the use of drones after introducing a number of amendments.

Posted on 17/05/2026

Dubai’s ‘Green Corridor’ boosts trade, speeds cargo movement amid regional war

Customs declarations surge from 12,000 in March to nearly 100,000 in April, with the value of transported goods rising from Dh1 billion to over Dh8 billion …

Posted on 17/05/2026

Tracing war impact on India trade: Singapore overtakes UAE as No. 2 export destination in April amid Hormuz crisis

Singapore overtook the UAE as India’s second-largest export destination in April 2026 as traders rerouted shipments amid disruptions in the Strait of Hormuz and broader West Asia shipping instability.

Posted on 17/05/2026

Gold imports from Dubai may increase after import duty hike: GTRI

India had allowed imports of gold from Dubai at tariffs one percentage point below the normal Most-Favoured-Nation (MFN) rate through a Tariff Rate Quota (TRQ) system …

Posted on 17/05/2026

ApexQuant Announces Launch of Trading Technology Company Focused on Institutional-Style Trading Software for Private Market Participants

ApexQuant today announced the launch of its trading technology company, introducing a new financial technology initiative centered on trading software infrastructure designed for private traders and …

Posted on 17/05/2026

UAE asserts OPEC exit was sovereign strategic decision, not political move

The UAE is leaving OPEC and OPEC+ effective May 1, calling it a sovereign strategic decision. The exit removes OPEC’s third-largest producer and about 15% of its capacity.

Posted on 17/05/2026

Why Abu Dhabi’s Barakah nuclear power plant, latest target of drone strike, is crucial to UAE

The United Arab Emirates has recently accused Iran of carrying out attacks targeting the country’s energy and economic infrastructure.

Posted on 17/05/2026

Sharjah Customs launches integrated logistics corridor with Oman, dispatches first shipments to Sohar Port

Sharjah: The Sharjah Ports, Customs and Free Zones Authority has launched an integrated logistics corridor, developed in coordination with Oman Customs, as part of an advanced log …

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