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Tag: uae

Posted on 17/07/2025

State of 5G in the UAE: A speed leader, close to nationwide coverage

The UAE’s strategy for 5G coverage. As far as the UAE is concerned, a serious push towards 5G adoption began in 2016 when the Telecommunications and Digital Government Regulatory Authority (TDRA …

Posted on 17/07/2025

UAE, Bhutan launch ‘AI for Development’ Initiative to unlock AI’s potential for economic growth in Global South

As the first pilot country, Bhutan was selected for its commitment to innovation and its willingness to explore cost-effective, context-sensitive technology solutions to drive economic growth …

Posted on 17/07/2025

68% of Tokenized Property Investors in Dubai Are First-Time Buyers: Dubai Land Department

Dubai’s real estate market is witnessing a surge in new investors thanks to its new tokenized property initiative.

Posted on 17/07/2025

UAE announces deduction of tax depreciation on fair-valued investment property for firms

The tax depreciation deduction available will be the lower of the tax written down value of the investment property or four per cent of the original cost of investment property.

Posted on 17/07/2025

UAE: Ministry of Finance issues Ministerial Decision on Depreciation Adjustments for Investment Properties held at Fair Value

Under this decision, taxpayers (who elect for the realisation basis) can elect to deduct depreciation from their taxable income (hereafter known as ‘tax depreciation’) for investment properties that a …

Posted on 17/07/2025

Dubai Chambers launches Dubai Hub London

Dubai Chambers has announced the launch of Dubai Hub London, its first international centre, designed to offer integrated government and private sector …

Posted on 17/07/2025

Emirates has a budget airline and it’s rolling out new business class seats

EMIRATES has a budget airline most people don’t know about – and it is launching new business class seats flydubai connects Dubai with destinations around Europe, Africa and Southeast …

Posted on 17/07/2025

Dubai real estate: PRYPCO Mint tokenises $2.5m of property in first month

Licensed by VARA and partnered with the Dubai Land Department, PRYPCO Mint is transforming real estate investing through government-backed property tokenisation …

Posted on 17/07/2025

Sharjah Ruler announces stunning new road to Khorfakkan

The Sharjah Ruler called it ‘a marvel like no other’ His Highness Sheikh Dr. Sultan bin Mohamed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, announced the building of a new road …

Posted on 17/07/2025

Sharjah Ruler announces tree-lined mountain road with homes, waterways in Khorfakkan

His Highness Dr. Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, announced a miracle road above the peaks of mountains …

Posted on 17/07/2025

Sharjah to get new mountain road leading to Khorfakkan’s highest peak

The road will be surrounded by trees, plantations, water channels, and beautiful residences, transforming the journey into a delightful tourist experience in a mild and cool winter climate.

Posted on 17/07/2025

UAE: How companies are adapting to work in increasingly hot conditions

By midday in Dubai, the heat isn’t just felt — it’s navigated. The air wraps around you like plastic, thick with humidity and grit, turning basic tasks into slow, deliberate movements. Sunglasses fog.

Posted on 17/07/2025

Kenya’s largest bank to open UAE office to attract Gulf wealth

Equity Group Holdings Plc, Kenya’s largest lender, plans to establish an office in the United Arab Emirates (UAE) in the fourth quarter of the year. ・Equity Group Holdings Plc plans to open a UAE …

Posted on 17/07/2025

UAE Central Bank fines foreign bank $163,000 for non-compliance

The branch had failed to meet the requirements set out in the Market Conduct and Consumer Protection Regulations and Standards.

Posted on 17/07/2025

United Arab Bank net profit up by 50% for the first half of 2025

Highlights: Net profit reported at AED 208 million for H1 2025 compared to AED 139 million for H1 2024; reflecting a YoY increase of 50%. Earnings per share rose to AED 0.

Posted on 17/07/2025

Get free ice cream at Dubai Festival City Mall this weekend

Dubai Festival City Mall is giving away thousands of free ice cream scoops this weekend to celebrate International Ice Cream Day …

Posted on 17/07/2025

Shifting sands: The UAE is solidifying its global crypto takeover

The Middle East is not taking a back seat in the digital revolution. Once it banked on its natural resources like oil, today, it leads in the digital asset sphere. Europe and the USA are the spark …

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