Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading …
LuLu launches new hypermarket in MBZ City, Abu Dhabi
LuLu Group has further strengthened its presence in the UAE with the launch of a new flagship hypermarket in Mohammed Bin Zayed (MBZ) City, Abu Dhabi. Strategically located on Al Ruha Street, this …
Is it safe to travel to Abu Dhabi amid US strikes
The UK Foreign Office has issued a warning to travellers considering a trip to Abu Dhabi amid rising tensions in the Middle East and US strikes on Iran. With its skyline of towers, theme parks and …
Sharjah introduces marriage leave for government employees
Sharjah introduced marriage leave for employees in government agencies, who will be eligible for eight days of leave. This move, introduced for the first time, comes under a new decree-law on human …
Oman to impose 5% income tax on high earners from 2028
Under the Personal Income Tax Law issued by Royal Decree No. 56/2025, the aim of introducing income tax is to diversify income sources of the government and reduce dependence on oil revenues.
Oman moves to become first Gulf state to impose personal income tax
Oman issued a royal decree to become the first country in the Gulf to impose a personal income tax, its tax authority said on Sunday, as the small oil producer works to diversify its revenue stream.
Oman Plans Income Tax on Top Earners in a First for Gulf States
Oman has announced plans to impose income tax, becoming the first Gulf state to do so in an effort to broaden its sources of public revenue beyond oil.
H-1B Visas Revoked: US Sends Tech Workers Back Home For Staying Too Long in India
Three Indian nationals face entry denial into the US due to overstaying their H-1B visa duration, highlighting strict immigration policies.
Dubai Customs secures HBC Women Leadership Award in London
The RSA is a historic organization that has been championing social progress and innovation since its establishment in 1754 …
The Iran-Israel conflict isn’t denting Chinese business optimism in the Middle East
Overall, Chinese merchants are relatively optimistic,” says Bear Huo, China general manager at FundPark, a fintech startup.
‘A great place to retire…’: Financial advisor calls India bad for business; ranks life in UAE, Singapore, Thailand
When it comes to building wealth, Akshat Shrivastava, Founder of Wisdom Hatch, said India ranks poorly. “Not only the operating taxes are crazy high (and you get jack-shit in return). The regulations …
UAE reinforcing its place as world-class startup hub with ecosystem built for success
Tech investor and entrepreneur Abdumalik Mirakhmedov hails sustained government drive to create dynamic, pro-business landscape for founders …
Three Indian H-1B holders denied US entry, visas cancelled in Abu Dhabi
B visa holders from India were refused entry into the US and had their visas revoked after overstaying in India; one for nearly three months, the others for longer. Authorities directed them to return …
BCCD keeps Dubai’s business community buzzing this summer
The British Chamber of Commerce Dubai supports members year-round with targeted networking, brand visibility, and curated business development opportunities …
Dubai: Gold prices slip despite US strikes on Iranian nuclear sites
The Dubai Jewellery Group data showed 24K slipping to Dh404.75 per gram on Monday morning, down from Dh406 per gram at the close of the markets over the weekend …
Dubai to expand Burj Khalifa/Dubai Mall Metro Station; here’s what it involves
The Burj Khalifa/Dubai Mall Metro Station is a key hub in the Dubai Metro network, thanks to its strategic location …
Dubai real estate: Property market attracts international investors as FDI surges 48% to $45 billion
Data from the Dubai FDI Monitor shows that real estate contributed 14 per cent of total estimated FDI capital flows into Dubai in 2024 …