RAK Properties recorded a 40% increase in revenue for 2024, reaching AED1.4 billion ($381 million), up from AED1 billion ($272 million) in 2023. The Ras Al Khaimah-based developer demonstrated ...

The Ministry of Finance has issued Cabinet Decision No. 142 of 2024, introducing the Top-up Tax for Multinational Enterprises. This decision outlines the UAE Domestic Minimum Top-up Tax (UAE DMTT) and ...

In an era of rapid economic shifts and digital transformation, The Times Group’s, ET NOW Global Business Summit 2025 is set to ignite powerful conversations on the future of business and policy. This ...

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, reviewed the progress of the Sheikh Rashid Bin Mohammed Bin Rashid Al Maktoum Housing Project ...

ADQ, an Abu Dhabi-based investment firm, has signed a Memorandum of Understanding (MoU) with Vietnam’s State Capital Investment Corporation (SCIC). This agreement sets a framework for collaboration in ...

Dana Gas, headquartered in the UAE and recognised as the largest private natural gas entity in the region, reported a 15% year-on-year (YoY) increase in net profit for Q4 2024, amounting to AED 143 ...

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, assessed the progress of a housing project for Emiratis in Al Khawaneej 2 during a ...

The UAE’s debt capital market (DCM) is expected to grow to $400 billion in the coming years. This expansion is driven by funding diversification, infrastructure financing, regulatory reforms, and the ...

The UAE’s winter tourism campaign concluded with hotel revenues surging 87% to USD 517M (AED 1.9B). The Ministry of Economy wrapped up the fifth edition of the World’s Coolest Winter campaign, which ...

Saudi Arabia has announced the creation of the King Salman Automotive Cluster. This major initiative is designed to reshape the Kingdom’s automotive industry. With a target of contributing SR92 ...

EMSTEEL, one of the region’s largest steel and building materials manufacturers, has secured strategic agreements to enhance raw material transport and cross-border rail connectivity. This move ...