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Dubai

Finance

New Egyptian step to reduce debts and ease interest burdens

Jyoti Maurya - December 16, 2024 0

Egypt Moves to Reduce Debt: New Strategy Looms for 2025 In light of the economic challenges facing Egypt as a result of the increase in debt over the past ten years, the government is moving towards formulating a new strategy...

Dubai

Dubai cuts domestic worker residence visa requirements in new online procedure

Jyoti Maurya - December 12, 2024 0

All domestic worker visa services — including application, renewal and cancellation of residence permits — can now be accessed through the Dubai Now app, authorities announced on Wednesday. The 'Dubai Now' smart app now serves as the sole channel for...

Dubai

Abu Dhabi joins Heathrow Airport’s “Millionaires Club” with record numbers.. 25 members

Jyoti Maurya - December 12, 2024 0

Seven cities have joined the “Millionaires Club” at Heathrow Airport, the most prominent of which are Abu Dhabi, Lisbon, Chicago, Mumbai, and Paris. The UAE capital, Abu Dhabi, has joined the “Millionaires Club At Heathrow Airport in 2024, after it...

Dubai

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

Jyoti Maurya - December 12, 2024 0

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...

Finance

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

Jyoti Maurya - December 9, 2024 0

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...

Finance

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

Jyoti Maurya - December 9, 2024 0

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...

Dubai

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

Jyoti Maurya - December 7, 2024 0

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

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

Jyoti Maurya - December 6, 2024 0

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,...

Finance

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

Jyoti Maurya - December 3, 2024 0

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...

Dubai

Dubai to introduce variable Salik toll rates, parking prices in 2025

Jyoti Maurya - November 30, 2024 0

Dubai’s Roads and Transport Authority (RTA) has announced that it will implement Variable Road Toll Pricing (Salik) and Variable Parking Tariff Policies, including event-specific parking tariffs, as part of a comprehensive strategy to enhance traffic flow in the city. The...

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