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Dubai tops global FDI rankings for 8th consecutive year

by Danissa Guotana | Sep 23, 2025 | Business

According to the Financial Times’ fDi Markets database, the emirate attracted 643 new FDI projects in the first half of 2025. It’s the highest number ever recorded for any city globally in a half-year period since fDi Markets began tracking the data in 2003....

UAE’s top-up tax on large multinational companies is given ‘transitional qualified status’

by Danissa Guotana | Aug 26, 2025 | Corporate Tax

The OECD, comprising 38 of the world’s largest economies, has included the UAE’s 15 per cent tax on large multinational companies in its “transitional qualified status” list. The move is expected to provide more transparency for companies doing business in...

UAE: SCA warns investors against unlicensed firms, individual in Dubai

by Danissa Guotana | Aug 25, 2025 | AML

The Securities and Commodities Authority (SCA) has issued a fresh warning to investors against dealing with an individual and a Dubai-based company found to be operating without approval. In a notice published on its website, the regulator said Thoufeek Raja Abdul...

Saudi Arabia’s land tax to unlock real estate supply as new foreign buyers eye properties

by Danissa Guotana | Aug 18, 2025 | Business

New land tax rules that came into effect in Saudi Arabia this month are expected to spur the development of property projects and boost housing supply. The kingdom increased the annual levy on undeveloped land to as much as 10 per cent of the value of a plot. It...

UAE emerges as top global safe-haven for wealth in new tax index

by Danissa Guotana | Jul 25, 2025 | Business, Corporate Tax, Other Tax, VAT

The UAE has emerged as the world’s most attractive destination for wealth preservation, with Abu Dhabi and Dubai topping the newly released Tax Friendly Cities Index 2025 by global mobility platform Multipolitan. The report underscores the UAE’s status as a global hub...

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