business Featured Major Global Tech Outage Leads to Disruptions Across Multiple Sectors from Airlines to Banks… Major equities markets ended in the red last week, following a global tech outage that led to disruptions across multiple sectors from airlines to banks, raising questions about cybersecurity and interconnected / integrated ecosystems.
Taxation in UAE Featured UAE has No Plans to Introduce an Income Tax or Raise VAT… UAE has no plans to introduce an income tax or raise VAT, reiterated the Undersecretary of the Ministry of Finance on the sidelines of the World Governments Summit in Dubai.
Dubai Featured UAE Golden Visa Eligibility Requirements Eased for Dubai Real Estate Investors UAE’s economy is forecast to grow by 5.7% YoY in 2024, according to the Undersecretary of the Ministry of Finance.
Dubai Featured BRICS UAE, Saudi Expansion Marks Biggest Challenge to the US Dollar in the 21st Century… UAE News: Dubai PMI rose to a 16-month high of 57.7 in December (Novemver: 56.8), supported by the wholesale & retail sector’s strong “upturn in sales” alongside the travel & tourism sector’s “rapid” growth. New order growth was the second-fastest recorded since June 2019 and job
