Dubai Property Tax for Foreigners in 2025
The UAE stands out as a jurisdiction with an exceptionally favourable tax regime. Unlike most international markets, the overall tax burden is significantly reduced, with some recurring taxes absent…
Category: FINANCE
Sharp fluctuations in US technology sector following unusual losses since 2022
Two experts described the future of technology sector companies in the United States as volatile, especially in light of the escalating competition from several markets,…
Next DeepSeek? What to know about Manus, China’s latest AI assistant
A powerful new AI tool Manus is making waves in China, fuelling hopes that it could replicate the success of DeepSeek, which earlier this year…
Mukesh Ambani’s Jio is latest Indian entity to sign up with Musk’s SpaceX
Indian billionaire Mukesh Ambani-controlled Jio Platforms Ltd. announced a pact with Elon Musk’s SpaceX to offer Starlink Inc.’s satellite internet services in India, a day…
Qatar’s share of Middle East region’s upstream investment ‘substantial’, says GECF
Qatar’s share of the Middle East region’s upstream investment is “substantial”, Gas Exporting Countries Forum (GECF) said and noted in 2023, Qatar accounted for 45%…
Global credit rating agency Fitch has affirmed ratings on Nakilat Inc’
The ratings reflect two-notch uplift from the senior and junior bonds’ Standalone Credit Profiles (SCP) at ‘a’ and ‘a-’, respectively, capturing the strong incentives by…
International Startups laud Qatar’s hosting of Web Summit
Web Summit Qatar 2025 successfully concluded last month, attracting over 25,000 attendees from more than 120 countries. Building on last year’s success, the event’s second…
US stock market loses $4 trillion in value as Trump ploughs ahead on tariffs
President Donald Trump’s tariffs have spooked investors, with fears of an economic downturn driving a stock market sell-off that has wiped out $4 trillion from…
UAE Cabinet approves national investment strategy for the next 6 years
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday said via the…
IMF approves disbursement of 4th tranche from loan to Egypt
Egyptian Finance Minister Ahmed Kouchouk announced on Monday that the International Monetary Fund (IMF) has approved the disbursement of the fourth tranche to Egypt, estimated at US$…