Dubai has marked a significant milestone in its economic relations with India, as non-oil trade between the two regions escalated to AED222.5 billion (approximately $60.6 billion) in 2025. This represents a remarkable 15% increase compared to the previous year, reinforcing the already strong trade ties between the UAE and India. This surge in trade can...
Dubai International Airport (DXB) is experiencing a resurgence in passenger traffic, welcoming a total of 31.5 million guests during the first half of the year. This figure marks a significant increase, reflecting a gradual return to pre-pandemic levels as travel restrictions ease and demand for international travel rises. In particular, the second quarter of 2026...
Uzbekistan has officially launched a Business Council in Dubai aimed at enhancing bilateral trade and investment relationships with the United Arab Emirates. This initiative comes on the heels of increasing economic engagement between the two nations, with total trade hitting $1.2 billion in 2025. Furthermore, Emirati investments in Uzbekistan have reached approximately $3 billion over...
The UAE Ministry of Finance has recently announced new tax reporting regulations that will impact multinational corporations operating in the country. The regulations, set forth in Ministerial Decision No. 133 of 2026, delineate which entities are obligated to file under the UAE’s Pillar Two corporate tax framework, particularly concerning the global minimum tax initiative. The...
The Hashemite Kingdom of Jordan has recently signed pivotal agreements aimed at introducing natural gas into two of its industrial cities, backed by financial support from the United Arab Emirates (UAE). This move, confirmed by Saleh Kharabsheh, Jordan’s Minister of Energy and Mineral Resources, underscores the significance of diversifying energy sources, particularly for industrial sectors...
In a significant move to enhance economic ties, over 80 prominent business leaders from the UAE gathered in Beirut to establish a new business council aimed at fostering collaboration between the two nations. This initiative marks a pivotal moment in UAE-Lebanon relations, reflecting a desire to tap into Lebanon’s market potential as diplomatic relations continue...
In a bid to enhance trade relations and attract investments, Uzbekistan has officially established the Uzbekistan Business Council in Dubai. This new initiative is aimed at strengthening economic ties between Uzbekistan and the United Arab Emirates, two countries that have shown increasing interest in collaborating across various sectors. The formation of the Uzbekistan Business Council...
The global telemedicine sector is anticipated to witness substantial growth, with estimates suggesting an increase from $194.68 billion in 2026 to an impressive $598.03 billion by 2034. This projection reflects a compound annual growth rate (CAGR) of 15.06% during the period from 2026 to 2034, underscoring the increasing demand for remote healthcare services. Telemedicine is...
GEMS Education, one of the leading private education providers in the UAE, has announced the onboarding of 1550 new teachers as it prepares for the 2026/27 academic year. This substantial recruitment effort highlights the organization’s commitment to enhancing educational standards and supporting the growing demand for quality education in the region. The initiative is part...
The Ministry of Finance in the United Arab Emirates has announced new regulations requiring multinational companies operating within the country to submit a Pillar Two Information Return, as outlined in Ministerial Resolution No. (133) of 2026. This move is a significant step in enforcing a top-up tax on multinational enterprises in alignment with the OECD/G20...