UAE economy
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...
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...
Big News for UAE Trade: DP World to Build Two Major New Ports in Fujairah
What happened?DP World has signed a 50-year concession agreement with the Fujairah Ports Authority to develop and operate two new multipurpose ports in...
How Did the UAE Create 5200 Jobs for Emiratis a Year Ahead of Target?
The UAE has created over 5,200 industrial jobs for Emiratis, achieving its Make it in the Emirates employment target ahead of schedule. The...
Dubai Ascends to Become the World’s Second Gastronomy Capital
Dubai has once again raised the bar, this time in the global culinary landscape. In 2024, the city secured its position as the...
UAE Ranks 21st in Global Happiness Index, Surpassing Major Economies
The UAE ranks 21st in the 2025 World Happiness Index, surpassing major economies. The improved ranking highlights the country’s strong economic stability, social...
Why UAE is Tax-Free? Here’s The Ultimate Guide for Expats
The UAE is known for its tax-free environment, which makes it an attractive destination for expatriates and businesses alike. But why is the...
UAE to Introduce New Business Tax from 2025
The UAE is set to unveil a significant tax reform, introducing a Domestic Minimum Top-up Tax (DMTT) effective January 1, 2025. This new...
UAE to Launch ‘Jaywan’ Payment Cards in September
The UAE is set to introduce a groundbreaking domestic payment system, Jaywan, which aims to change the financial landscape starting this September. By...
Mortgage Rates: Cash or Mortgage? A Comprehensive Guide to Property Purchase Options in the UAE Amid Rising Rates
As the UAE’s population continues to grow, it’s influencing various sectors of the economy, notably the real estate market. This article explores the...
