His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has greenlit the next phase of the ‘Dubai Future Solutions – Prototypes for Humanity’ initiative. This project, …
ADIB unveils strategic partnership with DIFC Innovation Hub for fintech growth in region
ADIB signed the strategic partnership agreement during the second edition of Dubai FinTech Summit, which was held on May 6-7 2024 at the Madinat Jumeirah, participating as a Principal Institution …
UAE life ‘surpasses expectations’ for millionaires relocating to the country
The UAE is exceeding the expectations of high-net-worth individuals who are moving to the country, new residents have told The National. A record 6,700 millionaires are expected to call the UAE home …
Dubai dreams and London lags: An investor’s global perspective
A glimmer of recent hope on the London Stock Exchange was the IPO [initial public offering] of Raspberry Pi, which executed its IPO at an initial price of 280 pence per share. It then rallied very …
UAE: FTA urges Resident Juridical Persons with licences issued in March, April to register for Corporate Tax
The FTA cautioned that Taxable Persons that fail to apply to register for Corporate Tax within the specified timelines will result in an Administrative Penalty of AED10,000 …
“Blessed”: External Affairs Minister Jaishankar visits BAPS Hindu Mandir in Abu Dhabi
External Affairs Minister S Jaishankar visited the BAPS Hindu Mandir in Abu Dhabi on Sunday. He said that the temple is a true cultural bridge between India and …
Federal Tax Authority urges Resident Juridical Persons with Licences issued in March and April to promptly register for Corporate Tax no later than 30 June 2024
As part of the Federal Tax Authority’s (FTA) continuous efforts to encourage Taxable Persons subject to Corporate Tax to comply with FTA Decision No. 3 of 2024 on the Timelines Specified for …
Louis Vuitton litigation data; Temu interview exclusive; Dubai Customs recycling; and much more
Everything we covered on WTR over the past seven days, and all you need to know from the world of trademarks to set yourself up for the start of another busy week.
Abu Dhabi’s Masdar seeks European acquisitions
State-backed green energy group to ‘pump more capital’ into region after buying Greece’s biggest renewables company …
5 mind-bending buildings from Las Vegas to Dubai that never broke ground — and what stands in their place instead
A new skyscraper for Wall Street, a museum in the Kenyan wilderness, and Dubai’s first opera house are among the lost treasures of architecture.
Consolidation In The Offshore Drilling Sector Is Underway. But Will Oil Prices Support Deep-Sea Demand?
Texas-based offshore drilling contractor Noble made oil industry waves with the year’s first major deal in the upstream services sector, announcing a $2 billion deal for Diamond Offshore Drilling.
UAE Corporate Tax: Free zone based trading businesses need to check out 0% tax status
Businesses into trading and distribution rush to clear ‘grey areas’ on compliance Businesses operating out of free zones are eligible for 0 per cent tax rate. But those companies into trading and …
Sharjah: Fire breaks out in spare parts warehouse, brought under control
The Civil Defence teams in Sharjah successfully managed to control a fire that broke out in spare parts warehouses in Industrial Area 5, without any injuries.The operations room of the Sharjah Police …
UAE reaps fruits of visionary policies: Al Zeyoudi
“The figures in the report confirm that the UAE is continuing to move in the right direction to strengthen its position as a preferred global destination for foreign investors seeking a …
Dubai Real Estate’s Resilience May Signal End of Boom-Bust Cycle
Dubai’s red-hot real estate market is defying predictions of a slowdown, in a sign that the Middle Eastern business hub might be breaking free from its boom-and-bust cycles.
Dubai and Mexico to enhance trade, investment cooperation
Dubai Chamber of Commerce (DCC), one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Mexican Business Council to boost bilateral trade and …
Offshore wind set for rapid global expansion by 2030
That means offshore wind is on course to achieve the tripling ambition set at COP28 in Dubai. India makes a beginning On June 19, the Union Cabinet approved the development of the first 1 GW offshore …