UAE Corporate Tax: FTA Urges Businesses To Register Before December 31 Deadline To Avoid Penalties
The FTA noted that Cabinet Decision No. 75 of 2023 imposes Administrative Penalties on Taxable Persons who fail to regi... Read more
UAE Ministry Of Finance Makes Major Amendments To Ministerial Decisions
Announcements relate to Tax Groups and Participation and Foreign Permanent Establishment Exemptions and aim to enhance ... Read more
UAE, Saudi Banks Push For Enhanced Employee Experience In GCC: Report
The report highlighted the direct impact on profitability through prioritising employee experience on engagement, reten... Read more
UAE Salaries To Fall; Corporate Tax Changes; Top Dubai Real Estate Areas; Drone Deliveries Launched – 10 Things You Missed This Week
UAE and Saudi salary updates, Dubai real estate analysis, Corporate Tax changes, major health insurance update and more... Read more
Elite Group To Open $27m Facility In Dubai Industrial City
Elite Group will invest in automotive and e-commerce sectors with Dubai Industrial City project Read more
GCC Debt Capital Markets To Hit $1tn
Fitch Ratings expects debt capital markets in the GCC to grow in 2025 Read more
Saudi Arabias ACWA Power Proposes $1.9bn Rights Issue
Saudi Tadawul authority said the company has applied for the issue to increase in its paid-up capital Read more
Hackers Steal $2.2bn In Crypto In 2024 Amid Bitcoin Bull Run: Report
The number of individual hacking incidents increased from 282 in 2023 to 303 in 2024, resulting in these losses Read more
AD Ports Group Doubles Its Revolving Credit Facility At Better Terms
The Abu Dhabi-based group successfully refinances and upsizes its existing RCF from $1 billion to $2.125 billion Read more
Dubai-based DP World Issues The Regions First Blue Bond
The $100 million, 5-year Blue Bond priced at 5.25% coupon rate; Will fund significantly under-funded SDG 14 and SDG 6 o... Read more
US Federal Reserve Cuts Interest Rates For Third Time, Dials Back 2025 Outlook
Incoming president Trump's policy agenda on tariffs and taxes looms over the Fed's outlook, though Fed chair Powell cal... Read more
ADIO And EXIM Forge MoU To Boost US-UAE Trade In Key Sectors
It marks a significant milestone in facilitating the import and export of raw materials, services and technology, parti... Read more
UAE Central Bank Cuts Base Rate By 25bps
The new rate will be effective from December 19 Read more
Saudi Arabia Approves Licence For D360 Digital Bank
D360 Bank given approval to launch operations in Saudi Arabia Read more
UAE Banks Team Up To Fund $178m London Student Real Estate Development
UAE’s Emirates NBD and Abu Dhabi Islamic Bank close funding arrangement for Purpose-Built Student Accommodation in Lo... Read more