Tax

UAE announces new tax rules regarding non-resident nexus for corporate regulations

This decision eases compliance for foreign investors and highlights the UAE's commitment to investment appeal

Oil prices hit four-year low of $63.93 amid Trump tariff fears

Trump intensified trade tariffs, raising worries about slowing economic growth and declining demand

U.S. economy adds 228,000 jobs in March amid looming trade war escalation

Job growth rebounded significantly from last month’s revised total of 117,000 new jobs added 

IMF urges U.S. to collaborate on trade as tariffs pose economic risks

Georgieva stated the IMF will assess tariffs during meetings from April 21-26 

U.S. tariffs could constrict global trade by 1 percent in 2025, WTO warns 

Trump recently announced a 10 percent import tax and higher tariffs on trade surplus nations.

U.S. tariff rate soars to 22 percent from just 2.5 percent, highest since 1910: Fitch

Tariffs are expected to generate approximately $700 billion in annual revenue

UAE tops ranking in Global Entrepreneurship Monitor 2025 Report for 4 years running

The country achieved the highest rank among high-income nations in 11 out of 13 key indicators

Oil prices rise to $72.77 following two-month low as traders evaluate mixed U.S. inventory report

Crude Oil WTI Futures, set to expire in March, also saw a gain of 0.4 percent, reaching $68.53

UAE: FTA registers intellectual property for ‘Muwafaq’ package

The package aims to boost innovation in taxes, enhancing SME empowerment and tax compliance

Saudi Arabia’s ZATCA urges commercial sector to submit VAT statements for January

The decision applies to those whose annual revenues from goods and services exceed $10.7 million

Etihad Airways reports $6.9 billion revenue, 25 percent year-on-year growth

This growth was fueled by remarkable performance in both passenger and cargo sectors

Dubai’s Emaar Properties posts $9.7 billion in revenue, $5.1 billion profit following record year

Property sales reached $19 billion, a 72 percent increase from $11 billion in 2023