Free zone license = full exemption from corporate tax. Fact: All free zone entities are subject to corporate tax unless they qualify for 0% as a “qualified free zone person” meeting 6 specific …
Sharjah Ruler witnesses MoU signing between University of Kalba, Victoria School
His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and President of the University of Kalba, witnessed the signing of a Memorandum of Understanding …
Crypto industry takes Dubai for TOKEN2049 as Trump hype starts to cool off back home
The crypto crowd landed in Dubai on Wednesday, swarming into the desert heat while doubts piled up back home about whether President Donald Trump is actually delivering on all the stuff he promised.
Dubai’s DXB eyes real estate future after DWC takeover
The operators of both airports have confirmed that all services at DXB will transition to DWC, which is expected to fully absorb operations within the next 10 years …
Fintech startups changing the payment game with innovative solutions
As the UAE rapidly cements its status as the Middle East’s fintech capital, homegrown startups are stepping into the spotlight — delivering innovative, locally tailored solutions that don’t just …
Dubai Emerges as Crypto Hub Amid Trump’s Waning Influence
The Rise of Dubai as a Crypto Hub Dubai is rapidly becoming a magnet for crypto companies, with the UAE government actively promoting the sector. Binance, the world’s largest crypto exchange, deepened …
Abu Dhabi Customs to adopt 7X’s innovative Wayn and Waslah plaforms
Wayn is UAE’s Digital PO Box, while Waslah is a fully-integrated logistics and eCommerce shipment management platform …
Sharjah records 1.6 million hotel guests in 2024
The Sharjah Commerce and Tourism Development Authority (SCTDA) has announced that the Emirate of Sharjah welcomed approximately 1.6 million hotel guests in 2024, marking an 11 percent increase …
UAE waives late registration fines for corporate tax filers
The UAE has waived late registration fines for corporate taxpayers and certain exempt persons who failed to register with the Federal Tax Authority (FTA) within the deadline. The cabinet decision …
SBM Offshore Strengthens Gulf Presence with BP’s Kaskida Installation Deal
As part of the development, SBM Offshore USA has signed a contract with bp for the wet tow and installation of the Kaskida FPU. The award underscores SBM Offshore’s deepwater installation expertise, …
Blending Business with Belonging: How Global Families Are Rethinking Where They Live
According to the Henley Private Wealth Migration Report 2024, the UAE attracted over 6,700 millionaires in 2024 — the highest net inflow of any country globally. A significant portion of these …
Tax Hikes, Migration and Political Uncertainty Defined the Past Decade in Luxury Real Estate
Big financial epicenters that once led the world have fallen out of favor while emerging cities became billionaire magnets in a new world order for high-end housing …
UAE supplies 41.4% of Japan’s oil imports in March 2025
Japan imported 32.48 million barrels of crude oil from the United Arab Emirates in March 2025, accounting for 41.4 percent of its total oil imports, according to data from the Agency for Natural …
Indian Oil signs $1.4bn LNG import contract with Trafigura
The contract, which is set to commence in the latter half of this year, will see LNG prices tied to the US Henry Hub benchmark.
Business education blooms in Dubai as economy expands
Dubai has emerged as one of the fastest-growing and most dynamic business hubs in the world. The city has become a launchpad for entrepreneurs looking to scale regionally and globally.As a result on …
Janikin Energy expands its global presence with a strategic stake in the UAE
Janikin Energy, a global engineering staffing and technical consultancy, has expanded its presence in the United Arab Emirates by acquiring a stake in UAE-based Diverse Resourcing LLC. The move …
Dubai Customs seizes 68 fake goods worth Dhs42m
Dubai Customs announced that in 2024, it has registered 285 intellectual property (IP) violations in 2024, involving counterfeit goods estimated at …