Business
UAE Tops Gulf in EV Readiness as Sales Hit 9 Percent
The UAE leads GCC markets in electric vehicle readiness as EV sales reach 9 percent, backed by charging infrastructure and 2050 targets.
The latest business reporting and analysis from Dubai and the UAE.
The UAE leads GCC markets in electric vehicle readiness as EV sales reach 9 percent, backed by charging infrastructure and 2050 targets.
UAE businesses face a September 30 corporate tax filing deadline, with experts saying SMEs still lag on documentation readiness.
DMCC has formalised Foundations Regulations letting family offices set up entities in Dubai with initial assets from just $100.
New Dubai rental leases are running up to 15% cheaper than renewals, prompting more tenants to relocate instead of staying put.
UBS finds Dubai homebuyers need just five years of income for an apartment, far less than Hong Kong, London or Zurich.
UAE residents and nationals can subscribe from September 23 to the second retail T-Sukuk, offering a 5.06% annual profit rate over five years.
The UAE joins a growing list of countries connected to India's UPI and RuPay digital payments network, easing cross-border transactions.
UAE private credit is expanding fast as the GCC faces a $250 billion financing shortfall, with Dubai real estate leading early growth.
Dubai logged 2,046 residential rental contracts worth Dh1 million or more in eight months, totalling Dh6.79 billion in value.
Dior has launched a LEED Gold-certified distribution centre at Dubai South's EZDubai Logistics Hub to serve the Middle East and UAE market.
