In a significant diplomatic meeting, Lebanon’s President has engaged with UAE’s Minister of State for Foreign Trade, HE Thani Al Zeyoudi, emphasizing the critical need to enhance bilateral trade and investment ties between the two nations. The discussion comes at a time when non-oil trade between the UAE and Lebanon has reached an impressive value...
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Category: BusinessAmazon Creators Foundry Launches in UAE to Support Local Talent
In a significant move to empower local creators, Creators HQ, in partnership with Amazon Ads, has announced the launch of the Amazon Creators Foundry in the United Arab Emirates. This initiative aims to scout and support 20 selected creators from the UAE, providing them with the opportunity to develop and promote their products globally through...
MTN and Tarek Al Ashram Unite for 150MW AI Data Centers in Africa
A significant partnership has emerged between MTN Group, Africa’s largest telecommunications company, and Dubai businessman Tarek Al Ashram, as they embark on a project to establish 150 megawatts of AI-focused data centers aimed at spurring digital growth across the African continent. This initiative is strategically important in a region where digital infrastructure often lags behind...
Dubai’s Non-Oil Trade with India Reaches $60.6 Billion in 2025
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...
Uzbekistan Launches Business Council in Dubai to Enhance Ties
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...
UAE Introduces New Tax Reporting Requirements for Multinationals
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...
UAE Entrepreneurs Pursue Strategic Opportunities in Lebanon
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...
Uzbekistan Business Council Formed in Dubai to Boost Trade
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...
UAE Implements New Tax Reporting Rules for Multinational Firms
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...
Millennium Capital Expands in Jersey with Key Hire from Goldman Sachs
Millennium Capital has announced the appointment of Emmanuel Clair as senior commodities portfolio manager, marking a significant development for the hedge fund as it broadens its reach beyond its limited presence in Jersey. Clair brings a wealth of experience to the role, having spent a decade at Goldman Sachs where he was instrumental in energy...







