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…
Tag: FINANCE
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…
Sustainable Finance Awards 2025: Middle East
The Persian Gulf states’ transition to a low-carbon future is driven by their governments’ efforts at diversification and collaboration. All are reducing oil dependence through…
Saudi Center for Commercial Arbitration Board Reconstituted by Royal Order
The Saudi Center for Commercial Arbitration (SCCA) announced the issuance of a royal decree to reconstitute its Board of Directors for the fourth term. The…
Crypto Prices Tumble as Trump-fueled Euphoria Fades
Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of…
Saudi Arabia Offers Middle East’s First Euro Green Bond
Saudi Arabia kicked off the sale of a euro-denominated green bond, the first such deal from a sovereign in the region, as it looks to…
Golden Gate Ventures launches $100m MENA fund in Qatar
Golden Gate Ventures, a Singapore-headquartered venture capital firm, has announced the first close of its US$100 million Middle East and North Africa (MENA) Fund 1,…
Global stocks higher after Wall Street extends its winning streak to longest of the year
Financial Markets Wall Street World stocks mostly rose Tuesday after Wall Street pushed closer to record highs following its roller coaster of a summer. France’s CAC 40…
Bank of Japan raises interest rate to 0.25%, cuts bond purchases in major policy shift
The Bank of Japan (BoJ) has increased its benchmark interest rate to 0.25% and announced plans to halve its monthly bond purchases, marking a significant…
Major Gulf markets gain as geopolitical concerns ease
April 23 Major stock markets in the Gulf rose in early trade on Tuesday, on course to recover some losses as fears of wider geopolitical…