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Oman imposes income tax on high earners

Dubai: Oman to introduce a personal income tax for high earners after 2026, as reported in a recent report. In…

2 years ago

UAE airlines cancel, divert flights amid airspace closures following Iran’s strikes on Israel

DUBAI: UAE airlines have cancelled and diverted multiple flights as airspace closures affected several parts of the Middle East late…

2 years ago

Saudi Arabia projects SR1.29 trillion in 2025 spending

Dubai: The Saudi Ministry of Finance announced on Monday its Pre-Budget Statement for the fiscal year 2025, estimating total expenditures…

2 years ago

Saudi Arabia, Kuwait sign MoU to enhance cultural ties

Dubai: Saudi Arabia and Kuwait signed a memorandum of understanding (MoU) aimed at enhancing cultural ties between the two Gulf…

2 years ago

Bahrain introduces new $85m power and water stations

Dubai: Bahrain's deputy prime minister, Khalid Bin Abdullah Al Khalifa, inaugurated a new 220 kilovolt (kV) electricity transmission station and…

2 years ago

Saudi stock market ranks seventh largest globally

Dubai : The Saudi stock market is now the seventh largest globally, demonstrating the strength of the real economy, according…

2 years ago

National Bonds sees 17% portfolio jump to Dh15 billion signalling growing demand for savings solutions

Dubai: Dubai-based savings and investment company National Bonds, wholly owned by the Investment Corporation of Dubai (ICD), reported a 17…

2 years ago

RTA takes steps to reduce traffic congestion around Dubai schools

Dubai: Roads and Transport Authority (RTA) has announced to complete road projects to ease traffic around schools in Dubai. The…

2 years ago

Saudi Arabia secures finances for 5.5 gigawatts solar projects

Dubai: Saudi Arabia’s developers of solar power projects secure financing totalling $3.2 billion (Dh11.5 billion) with an output capacity of…

2 years ago

UAE: Sharjah Ruler Sheikh Sultan announces completion of 127-volume Historical Corpus of the Arabic Language

Sharjah: His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, underscored…

2 years ago

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