Business & Economy
UAE offers Corporate Tax fine waiver — but deadline looms
The Federal Tax Authority (FTA) is urging corporate taxpayers across the UAE to register for corporate tax and…
Category: Business & Economy
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Business & Economy
Saudi National Bank’s $1.25bn dollar-denominated Sukuk oversubscribed
Saudi National Bank’s (SNB) issuance of US$1.25 billion in dollar-denominated Tier 2 notes, at a profit rate of…
Business & Economy
Qatar’s economy to grow 6.5 per cent by 2027 on LNG expansion: World Bank
The sharp rise in growth will be driven primarily by the North Field LNG expansion, which is expected…
Business & Economy
Saudi Arabia urges businesses earning over $10.7m to file VAT returns by June 30
Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has issued a reminder to all commercial establishments with revenues…
Business & Economy
IHC unveils $33bn merger creating Abu Dhabi investment powerhouse
International Holding Company (IHC) has announced plans to merge its flagship portfolio companies — 2PointZero, Multiply Group, and…
Business & Economy
UAE flight suspension updates; 4-day work week in Dubai; Public holiday dates announced; New Saudi dining rules, Piers Morgan interview – 10 things you missed this week
Dubai’s real estate market continues its record-breaking momentum, while Abu Dhabi quietly asserts itself as a rising investment…
Business & Economy
Saudi Arabia announces new credit card rules
The updated regulations will be for credit card issuance and operation, targeting cost reduction for customers whilst increasing…
Business & Economy
Personal income tax comes into effect in Oman from January 1, 2028
Oman’s first Personal Income Tax Law, which will affect only 1 per cent of its high-earning population, will…
Business & Economy
Wealthbrix launches in DIFC to target rising demand from UAE’s next-gen millionaires and UHNWIs
Wealthbrix Capital Partners brings more than 150 years of collective leadership experience and a track record of managing…
Business & Economy
Multiply Group to acquire 2PointZero and Ghitha Holding through share swap deal
The Board of Abu Dhabi’s Multiply Group has approved a proposal to acquire 2PointZero and Ghitha Holding through…