SEWA unveils largest 220 kv substation in Sharjah airport area
This expansion will improve the city’s electrical grid’s reliability and flexibility. The Sharjah Electricity and Water Authority (SEWA) has launched the largest 220 kV substation…
Tag: BUSINESS
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…
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%…
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…
Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?
Tesla’s (TSLA) stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk’s electric-vehicle maker remains overpriced. The…
Oman Air ranks second in MENA for On-Time Performance in 2024
Oman Air has been recognised as the second most punctual airline in the Middle East and Africa Region for 2024 and the top in the…
Ooredoo partners with Kloudville to launch digital marketplace to accelerate business transformation across Mena
Ooredoo Group has partnered with Kloudville to launch a B2B digital marketplace, enabling customers to access a wide range of AI-powered tools, cloud services, cybersecurity…
Dubai luxury property market
Two Dubai homes sell at Dh755 million in 2 months – demand for luxury keeps flowing in Average price for Dubai luxury homes push higher…