Wednesday, August 6, 2025

Finance

Dubai: Looking to buy an offplan property in Dubai? You could do it on zero down payment.

That’s right, a handful of private developers now offer investors the option to pick up a home with minimal upfront payment. The projects – launched in recent months - from these developers are priced from Dh800,000 and with completion...

South Korea bans President Yoon-suk from traveling abroad

President Yoon Suk-yeol cannot leave the country as an investigation opens into whether he led a rebellion last week when he briefly imposed martial law. The Ministry of Justice banned South Korean President Yoon Suk-yeol to leave the country today...

UAE Corporate Tax: Multinationals to pay domestic minimum top up tax

The UAE is set to implement a new tax on multinational companies operating in the Emirates. Large multinational enterprises (MNEs) must pay a minimum effective tax rate of 15 per cent on their profits. The Ministry of Finance on Monday...

UAE’s private air travel industry ends 2024 on a high note

MEBA expects the UAE’s share of the private air travel market in the region to rise to 45% this year.. Details. This year's edition of the exhibition highlights: Meba “For business jets and private jets, which will be held in...

UAE price hikes: 3 things that may cost more for residents in 2025

With 2025 just a few weeks away, it could be a good time to revisit budgets for the next year. If you live in Dubai or you regularly drive to the emirate for work or business, there are a...

Dubai: 30% alcohol sales tax to be reinstated from January 2025

Dubai has reinstated a 30 per cent tax on alcohol effective January 1, 2025. In an email, alcohol retailer African + Eastern informed restaurants and bars of the change. “Please note, Dubai Government have informed us the 30 per cent...

Dubai Airport Displaces Atlanta Airport to Become World’s Busiest Airport

Dubai International Airport is witnessing unprecedented activity, recording 5.28 million scheduled seats during December. Dubai International Airport jumps to the top, surpassing Atlanta Airport to Become World's Largest Airport In terms of seating capacity. Dubai International Airport is witnessing unprecedented activity,...

Saudi Citizen Account explains what is meant by the family of the incompetent

The Kingdom launched the Citizen Account Program to protect Saudi families from the expected direct and indirect impact of various economic reforms. Saudi citizen account statement Today, Wednesday, about the intended family of the incompetent They are the family of...

Dubai banks lead the banking deposits market with a total of 1.26 trillion dirhams

Dubai banks lead the UAE banking sector with a 46% share of deposits until August 2024 Recent data showsTo the Central Bank of the UAEDubai banks maintained their leading position in the UAE banking sector, as they topped the attractiveness...

New Taif International Airport to be offered for privatization under public-private partnership system

Applications for participation in the construction of the new Taif International Airport will end on January 10th. Details. Revealed Airports Holding Company In cooperation with the National Center for Privatization in Saudi Arabia, the company announced the start of the...

Latest News

World’s first flying taxi service will start in Dubai

Dubai is going to become the first city in the world where commercial flying taxi service will start from...

Today Gold Rate in Dubai (UAE) in Dirham – August 5, 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,720.92 while 24k Per 10 Gram gold price is AED 4,047.50. Usually people...

Today Gold Rate in Saudi Arabia – August 5, 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,863.81  while 24k Per 10 Gram gold price is SAR 4,170.00. Usually...

Today Gold Rate in Qatar – August 5, 2025

Today Gold Rate in Qatar Today Per tola is QAR 4,735.50 while 24k Per 10 Gram gold price is QAR 4,060.00. Usually people opt...

Today Gold Rate in Oman – August 5, 2025

Today Gold Rate in Oman Today Per tola is OMR 497.46 while 24k Per 10 Gram gold price is OMR 426.50. Usually people opt...