Family businesses in the UAE must urgently adopt robust tax planning strategies and ensure full documentation to stay compliant under the country’s evolving corporate tax regime, said Shiraz Khan, …
UAE: Firms urged to start preparing for 2026 e-invoicing rollout
The UAE introduced e-invoicing regulation in second quarter of 2025 while technical and functional specifications will be rolled out soon. The first phase of e-invoicing will go live in July 2026.
Abu Dhabi’s state-owned utility TAQA targets US energy sector expansion
The Abu Dhabi National Energy Company (TAQA) is exploring acquisition opportunities in the US and other regions to expand its international presence and meet its growth targets, as reported by Reuters …
Abu Dhabi ranks high in quality of life, with 93.6% of residents feeling safe at night
The survey results revealed that 93.6% of residents feel safe walking alone at night, reflecting the emirate’s continued recognition as the world’s safest city in 2025 according to global indicators.
Ajman Bank appoints head of Fintech & AI underscoring commitment to digital innovation
Ajman Bank has announced the appointment of Tahir Turksoy as the Head of Fintech & AI within the Consumer Banking Division, effective 7 April 2025. In his new role, Tahir will report directly to …
NFIU probes N48bn suspicious transfers to Dubai, Hong Kong
The Nigerian Financial Intelligence Unit has raised alarm over an alarming surge in suspicious financial transactions from Nigeria to Dubai and Hong Kong—two jurisdictions it describes as emerging …
UAE attracting thousands of companies despite corporate tax, says expert
Over 200,000 businesses registered in the UAE between 2022 and 2024, despite the introduction of corporate tax, said CEO of Andersen UAE at New Age Finance and Accounting Summit in Dubai …
Dubai fintech Qashio secures $19.8mln from US, MENA investors
Dubai-based fintech company Qashio has secured $19.8 million in equity and non-equity financing.
Abu Dhabi Department of Energy and Khalifa University sign MoU in water and energy sectors
The agreement was signed on the sidelines of the “World Utilities Congress 2025,” held at ADNEC Abu Dhabi and continuing through May 29 …
The U.S.’ AI love affair with the UAE isn’t just about access — it’s about dominance
The U.S. currently makes the world’s most advanced semiconductor chips, while the UAE has the abundant cheap energy to power enormous AI data centers. The two countries’ AI alliance has already seen …
Dubai’s GulfNav, Brooge Energy sign $871mln acquisition deal
Dubai-based shipping firm Gulf Navigation Holding PJSC (GulfNav) has entered into an asset sale agreement with Brooge Energy Ltd. for a total consideration of 3.2 billion dirhams ($871) million.
Why Choose Professional Chauffeur Services in Dubai Over Regular Taxis
Dubai’s bustling metropolis presents unique transportation challenges that demand more than basic taxi services can offer.
Drilling giant secures long-term offshore rig deals worth $1.15 billion
Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate …
Dubai To Allow Residents, Businesses To Pay Government Fees Using Cryptocurrency
Dubai is preparing to use and enable crypto payments for government services, after an agreement was signed between Dubai Finance and Crypto, a …
Meet the CFOs steering UAE’s top businesses and driving growth
As the UAE experiences a wave of IPOs and adapts to new corporate tax regimes, CFOs are emerging as strategic architects of growth and resilience. With global trade dynamics shifting and rapid …
Adnoc Drilling wins $1.15bn offshore contract for AI-integrated jack-up rigs
Adnoc Drilling, the Middle East’s largest drilling company, was awarded a $1.15 billion contract for two jack-up rigs by Adnoc Offshore as the company continues to expand its fleet. The 15-year …
Dubai FinTech Summit 2025 spotlights Sri Lanka
The recently concluded Dubai FinTech Summit 2025, held on May 12 and 13, at Madinat Jumeirah, under the patronage of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, convened some of the world’s …