The United Arab Emirates will impose a minimum top-up tax (DMTT) of 15% on large multinational companies operating in the country starting in January, the finance ministry said on Monday as the …
Saudi Arabia’s IPO market maintains Gulf lead with over $2.6bn raised in 2024: Report
Saudi Arabia’s initial public offering (IPO) market maintained its regional dominance in the first nine months of 2024, raising $2.6 billion and narrowly outpacing the United Arab Emirates’ $2.4 …
Saudi Arabia’s IPO market maintains Gulf lead with over $2.6bn raised in 2024: Report
Saudi Arabia’s initial public offering (IPO) market maintained its regional dominance in the first nine months of 2024, raising $2.6 billion and narrowly outpacing the United Arab Emirates’ $2.4 …
UAE introduces new tax relief measures
DUBAI: The United Arab Emirates (UAE) introduced new administrative and tax relief measures for local businesses in, foreign partnerships and family …
‘Chummy’ UK-UAE links could stifle efforts to free detained Briton, warns family
Britain’s “chummy” relationship with the United Arab Emirates could be stifling efforts to free a British property developer imprisoned in Dubai, his family has said. Ryan Cornelius’s brother-in-law …
Dubai’s RTA launches upgrades to infrastructure access
The Roads and Transport Authority (RTA) in Dubai, United Arab Emirates, has initiated a significant project aimed at improving access points for four neighbourhoods, with the goal of supporting urban …
Suspected attack by Yemen’s Houthi rebels targets ship in the Red Sea
DUBAI, United Arab Emirates (AP) — A suspected attack by Yemen’s Houthi rebels targeted a commercial ship late Sunday night traveling through the southern reaches of the Red Sea, though it caused no …
UAE stocks worth more than $1tn for first time
Stocks listed in the United Arab Emirates are now worth more than $1tn for the first time, helped by a surge in firms tied to an Abu Dhabi royal that account for more than a …
UAE stocks worth more than $1tn for first time
Stocks listed in the United Arab Emirates are now worth more than $1tn for the first time, helped by a surge in firms tied to an Abu Dhabi royal that account for more than a …
How one Abu Dhabi royal helped UAE reel in a $1 trillion market milestone
For the first time, stocks listed in the United Arab Emirates have surpassed a $1 trillion valuation, boosted by a surge in companies tied to Abu Dhabi’s Sheikh Tahnoon bin Zayed Al Nahyan and a spree …