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Tag: tax

Posted on 02/02/2025

Dubai real estate supply shortage pushed up property prices and rent last year – will it be the same in 2025?

2025 will see a forecasted 41 per cent year-on-year surge in residential handover volumes with over 42,000 units, bringing some relief to the market; moderate increase in rent and sales prices of less …

Posted on 02/02/2025

Select Group buys Radisson Blu Hotel in landmark deal

Select Group, a leading real estate development and investment firm, has announced the acquisition of the Radisson Blu Hotel, Dubai Media City, in a landmark transaction valued at over AED200 million …

Posted on 02/02/2025

Emma Raducanu Faces Former Wimbledon Champ in Abu Dhabi Open

Emma Raducanu made the main draw of the Abu Dhabi Open, but will face former Wimbledon champion Marketa Vondrousova in the first round.

Posted on 01/02/2025

Is Dubai the next big thing in real estate? Why it’s a smart investment

Explore Dubai’s real estate market and why it’s becoming a top destination for investors, especially Europeans. Discover key economic growth stats, tax benefits …

Posted on 01/02/2025

Wildcard Emma Raducanu draws Wimbledon champion in tough Abu Dhabi opener

Emma Raducanu received a pretty tough opening draw at the Abu Dhabi Open as she is set to battle against 2023 Wimbledon champion Marketa Vondrousova. After being handed a qualifying wildcard for the …

Posted on 01/02/2025

Global agreements, special platforms: How UAE helps entrepreneurs turn ideas into businesses

The UAE is taking major steps to strengthen its entrepreneurial ecosystem, with a focus on business-friendly policies, market access, and global expansion. Speaking at the Sharjah Entrepreneurship …

Posted on 01/02/2025

UAE supplies Japan with 45.6% of oil imports in December 2024

Japan’s oil imports from the UAE amounted to 35.97 million barrels, representing 45.6 percent of total imports in December 2024, according to data from the Agency for Natural Resources and Energy …

Posted on 01/02/2025

Dubai Customs celebrates World Customs Day, unveils ‘Shahin’ Digital Platform, championing Efficiency, Security, and Prosperity

In line with the theme “Committed to Efficiency, Security, and Prosperity,” Dubai Customs marked World Customs Day with a vibrant celebration on January …

Posted on 01/02/2025

Sharjah Taxi transports 7.4mln passengers in 2024

Al Kindi emphasized that Sharjah Taxi has introduced environmentally friendly hybrid vehicles powered by both fuel and electricity as part of a comprehensive strategy to reduce vehicle emissions and …

Posted on 01/02/2025

UAE’s NMDC Energy bets big on offshore wind with $500m vessel investment

UAE’s NMDC Energy, formerly National Petroleum Construction Company (NPCC), is making a pivot to offshore wind, which is set to become a major revenue source for the company, and plans to invest about …

Posted on 01/02/2025

INDIA BUDGET India to provide $647 million to support strategic reserve oil purchases in 2025-26

India will provide 55.97 billion rupees ($646.78 million) support for purchase of oil for the country’s strategic petroleum reserves (SPRs), the budget document showed on Saturday.

Posted on 01/02/2025

Arab Financial Services expands, boosting UAE’s FinTech scene

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

Posted on 01/02/2025

Mubadala Abu Dhabi Open: Players, schedule, tickets and all you need to know

Many of the world’s best tennis players will be in the UAE for the Mubadala Abu Dhabi Open this week as part of the WTA Tour’s Middle East swing. Here is everything you need to know about the …

Posted on 01/02/2025

Bravo makes smooth transition to coaching with Abu Dhabi Knight Riders

ABU DHABI, United Arab Emirates (CMC) — West Indies Twenty20 cricket icon Dwayne Bravo is transitioning from player to coach, stepping into the role of head coach for the Abu Dhabi Knight Riders in …

Posted on 01/02/2025

Dubai real estate developer announces $12bn project pipeline plan

Dubai property firm Refine Development Management has announced expansion plans and a pipeline portfolio valued at $12bn. Refine has introduced a state-of-the-art sales gallery, highlighting its …

Posted on 01/02/2025

Sun and security: Why it’s not just the UK’s ultra-rich shifting to Dubai for a better life

Sunil Sharma has settled in his new life in Dubai much more easily than he initially thought he would. Until a few months ago, the 31-year-old financial services professional was based in the City of …

Posted on 31/01/2025

UAE traffic alert: Partial road closure on key street in Abu Dhabi for 1 month

Abu Dhabi will close a part of a key road in Al Ain for one month, the UAE capital’s transport authority said on Friday.AD Mobility said that the partial closure will take place on Sheikh Khalifa bin …

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