Business

Explore the latest UAE business updates onSocial Kandura Media, market trends, finance news, and economic developments across the Emirates.

Dubai skyline representing the emirate’s growing creative industry FDI and investment ecosystem
Business

Dubai Takes the No.1 Spot Globally for Creative FDI — And India Played a Big Role

Dubai ranked No. 1 globally for greenfield foreign direct investment (FDI) projects in the cultural and creative industries in 2025, according to Financial...

Big UAE tax changes are coming in days — here’s who will be affected
BusinessLocal News

Big UAE tax changes are coming in days — here’s who will be affected

The UAE is introducing a new minimum Excise Price of AED1 per millilitre for liquids used in electronic smoking devices from September 1,...

Al Maktoum Airport automated people mover
Business

Al Maktoum International Airport Expansion: What Dubai’s Dh128 Billion Project Includes

Dubai’s Al Maktoum International Airport is set to get what is being described as the world’s largest airport automated people mover (APM) system....

UAE digital currency VAT rules
Business

UAE Just Changed How Digital Currency Is Reported for VAT

The UAE Federal Tax Authority (FTA) has issued a new directive explaining how businesses must convert digital-currency values into UAE dirhams for VAT...

UAE government payment options
Business

UAE Government Adds Aani and Jaywan as New Payment Options for Federal Fees and Fines

What happened?The UAE Ministry of Finance has introduced Aani and Jaywan as new payment channels for federal government fees and fines. Who is...

Sheikh Mohammed approves the UAE National Programme for Developing the Statistics System to modernise GDP measurement.
Business

Big Change for the UAE Economy! Sheikh Mohammed Approves New GDP System

What happened?His Highness Sheikh Mohammed bin Rashid Al Maktoum has approved the National Programme for Developing the Statistics System in the UAE, introducing...

UAE banks report strong Q2 2026 financial results as ADCB, FAB, Emirates NBD and RAKBank post higher profits despite regional tensions.
Business

Regional Conflict Couldn’t Slow UAE Banks—Q2 Earnings Tell the Story

What happened?Major UAE banks reported strong second-quarter earnings, with higher profits, growing customer deposits and increased lending despite geopolitical uncertainty linked to the...

Chelsea Residences by DAMAC luxury waterfront towers in Dubai Maritime City with Chelsea FC branding
Business

Would You Live in a Chelsea FC Home? Dubai’s New Luxury Project Starts at AED 2.56M

What happened?Chelsea Residences by DAMAC has launched sales for its sixth and final residential tower in Dubai Maritime City. Who is affected?Homebuyers, property...

Construction progress of Saudi Arabia's Jeddah Tower, the future world's tallest building designed as a vertical city.
BusinessSaudi Arabia

Jeddah Tower Set to Become the World’s Tallest Building

What happened? Who is affected? Why does it matter? Saudi Arabia’s ambitious Jeddah Tower is once again climbing towards the sky after construction...

Dubai Latifa bint Hamdan Corridor
BusinessLocal News

Driving in Dubai? This new Dh2 billion road project could save you up to 18 minutes

What happened?Dubai’s Roads and Transport Authority (RTA) has awarded the contract for the Dh2 billion Latifa bint Hamdan Corridor Development Project. Who is...