AED 30.53 billion in total sales transactions recorded in November 2024 across 12,543 transactions, reflecting market stability amidst seasonal adjustments …
DC Aviation Al-Futtaim VIP Terminal expands charter fleet with several aircraft, capitalizing on the surge in HNWIs to Dubai
DCAF is the first and only fully integrated business aviation facility based out of Al Maktoum International Airport located at Dubai South (formerly Dubai World Central) with two dedicated hangars …
Dubai-based fintech Stake starts Saudi operations
Stake, a Dubai-based digital real estate investment platform, has launched in Saudi Arabia in partnership with Al Rajhi Seventh (RJ7), a local property developer.
From Penelope Cruz to Brad Pitt, celebrities turn out in force for Abu Dhabi F1
Oscar and Grammy Award winners, Arab pop stars, and boxing champions are among the famous faces in Abu Dhabi for the season-closing grand prix this weekend. Yas Marina Circuit was pulsating with …
UAE to introduce new 15% tax on large multinational companies
The UAE will impose a new tax on large companies in the country as part of changes to its corporate tax law. Under the domestic minimum top-up tax (DMTT), large multinational enterprises will pay a …
UAE to introduce new 15% tax on large multinational companies
The UAE will impose a new tax on large companies in the country as part of changes to its corporate tax law. Under the domestic minimum top-up tax (DMTT), large multinational enterprises will pay a …
UAE-India Founders’ Retreat: Paving the Way for New Start-Up Opportunities
The UAE-India Founders’ Retreat (Dec 6-8, 2024) united top Indian start-up founders with UAE investors and leaders to foster investment, innovation, and cross-border partnerships.
Union fury as Rosebank oil field’s main offshore vessel being built in Dubai
Trade union chiefs including the RMT’s Mick Lynch and the STUC’s Roz Foyer said it was a ‘shocking betrayal of Scotland’s workers’.
Toto Wolff: Lewis Hamilton could’ve fought for Abu Dhabi F1 win without Q1 exit
Mercedes boss Toto Wolff believes Lewis Hamilton held the pace to challenge for the win in the Formula 1 Abu Dhabi Grand Prix had he started higher up on the grid. Hamilton starred on his last appearance with Mercedes as he produced a superb drive at the Yas Marina Circuit to recover 12 places to come home in fourth position.
Revealed: Demand for industrial real estate hitting sky high in Dubai amidst influx of companies seeking entry, expansion
The demand surge is driving up real estate prices and commercial rents, threatening to push up capital and operational costs for setting up industries and operating manufacturing facilities in the emi …
ADFW 2024: Abu Dhabi’s position as ‘the capital of capital’ is luring global bankers to fuel growth
ADDED also launched the Abu Dhabi Trade Information Portal (TIP), a solution to facilitate import, export and re-export procedures that was described as a “digital-first approach to global trade” by …
‘Microsoft’s UAE AI Deal Sparks Security Fears:’ U.S. Clears Advanced Chip Export Amid Controversy
The U.S. government has granted approval for the export of advanced artificial intelligence (AI) chips to a Microsoft-operated facility in the United Arab Emirates (UAE), marking a significant step in …
Lamudi Acquires Indonesian Fintech Ideal to Enhance Mortgage Services
Indonesia-based real estate marketplace Lamudi, a subsidiary of Australia’s Digital Classifieds Group, announced the acquisition of Ideal, a Fintech …
Abu Dhabi GP: Charles Leclerc ‘hurt’ after title-less season
Charles Leclerc said it hurt to not deliver Ferrari the constructors’ championship after running McLaren close at the Abu Dhabi Grand Prix.
Last chance to eat Mom’s Spaghetti in Abu Dhabi
Because at this moment, you could be digging into Mom’s Spaghetti. That’s right, Eminem’s brought the pop-up version of his Detroit restaurant to the Formula 1 Abu Dhabi Grand Prix, which is on until Sunday.
Dubai new order inflows grow fastest since August
New order inflows in Dubai grew the fastest in November since August, recent data showed. The UAE non-oil economy continued to show a solid rate of expansion in November, according to the latest PMI …
Dubai Brings Back Massive Tax on Alcohol Sale
Dubai will reintroduce a 30% tax on alcohol starting January 1, 2025. Alcohol retailer African + Eastern notified bars and restaurants about the decision …