Author: Dubai News Staff
The official visit of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum to India began when he met with Indian Prime Minister Narendra Modi in New Delhi today in his role as Crown Prince of Dubai and Vice Prime Minister and Minister of Defense of the UAE. The high-level meeting took place when Sheikh Hamdan delivered messages from UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan along with messages from Vice President and Prime Minister His Highness Sheikh Mohammed bin Rashid Al Maktoum and Vice President His Highness Sheikh Mansour bin Zayed Al Nahyan. Sheikh Hamdan…
Through Cabinet Decision No. 34 of 2025 the UAE made substantial alterations to its corporate tax framework to boost its position as an appealing and adaptable investment destination. The Ministry of Finance announced new rules which supersede decision Number 81 of 2023 by introducing simplified taxes mainly for real estate and fund management investors. The main change of the update extends favorable tax benefits to investors who participate in Qualifying Investment Funds (QIFs). Individuals maintaining investment interests through QIFs will escape UAE Corporate Tax obligations if their funds stay within specified ownership requirements and real estate restrictions. A QIF may…
Dubai will welcome the MENA Capital Market Summit 2025 into Madinat Jumeirah during May 6-7 to solidify its position as a world-leading financial center. The capital markets discussion at the MENA Capital Market Summit 2025 will unite a total of 1,500 financial leaders, policymakers and investors. This event is organized by Dubai Financial Market (DFM). As First Deputy Ruler of Dubai Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum expressed his view that the summit supports Dubai’s mission to become one of the top four global financial centers. The event serves as a purpose-driven collaboration hub that promotes investments and…
Arafat Day is the next public holiday in the UAE and is expected on Thursday, June 5, 2025. It is a significant day before Eid Al Adha which will be celebrated from Friday, June 6 until Sunday, June 8 in 2025, it provided residents with the bonus of a long weekend to celebrate the occasion. According to the Islamic calendar, Arafat Day is one of the most sacred days, the memorialising the second day of Hajj pilgrimage and the Prophet Muhammad’s (PBUH) Farewell Sermon. It is a time of prayer, thinking, and religious devotion. Eid Al Adha also known as…
Four sources who understand this matter predict that United States President Donald Trump will travel to the United Arab Emirates (UAE) during mid-May for his inaugural foreign journey in his second presidential term. The list of his destinations includes Saudi Arabia and Qatar where he plans to negotiate important investment deals and diplomatic arrangements. Trump announced his Saudi Arabia visit for the upcoming month while disclosing his intention to finalize a $1 trillion investment agreement that focuses on military equipment sales. During his foreign trip he hinted at new agreements with Qatar and the UAE which according to him would…
Enrico Rubboli (born October 27, 1976, in Cesena, Italy), a renowned entrepreneur, blockchain expert, and software engineer, has released his latest book, Unlocking Bitcoin: To DeFi with Mintlayer. This book serves as a comprehensive guide to Bitcoin’s role in decentralized finance (DeFi) and how Mintlayer, his groundbreaking Bitcoin side-chain, is expanding blockchain’s potential. A Visionary in Blockchain and Cryptography Rubboli is the founder and CEO of Mintlayer, a Bitcoin side-chain focused on Real-World Asset (RWA) tokenization. His goal is to seamlessly integrate Bitcoin with DeFi, making it more accessible and practical for financial applications. With over 20 years of experience,…
The Dubai crown prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Deputy Prime Minister, and Minister of Defence has another child in the family; a new baby girl, by the name of Hind. The royal made the big announcement on his personal Instagram expressing the feeling of being thankful for the blessing. His post read: “Alhamdulillah for the blessing and the completion of grace. The birth of our daughter is a blessing and a gift from Allah; thus, her name will be Hind bint Hamdan bin Mohammed Al Maktoum. He also expressed a prayer which was for his daughter…
Frankie Zulferino (born: December 9, 1990 in Brooklyn, New York) is one to never hold back when it comes to his artistic representation. His virtuosity is again going to be on full display soon with his rendition of Abracadabra by no less than the icon herself, Lady Gaga. Here, he makes it entirely raw and personal. For one, his version is slower, haunting, and packed with so much emotion that it promises to let listeners in on an intimate, deeply moving battle of good versus evil. It depicts the incredible tug-of-war between order and chaos, one faced by everyone, but…
The Global Financial Centre Index (GFCI) recognized Dubai as a worldwide leader in financial services thus establishing a remarkable milestone for economic growth. The Z/Yen report based in London identifies Dubai International Financial Centre (DIFC) as the main component of the city’s achievement. Dubai’s Key Achievements in the GFCI Rankings Dubai achieved its first position in the global ranking as one of the five leading FinTech centers. The Dubai financial entity now holds position among the world’s eight financial leader cities which includes London, New York, and Paris alongside other major financial centers. The financial power status of Dubai has…
The Al Khail Metro Station now operates under the new name of Al Fardan Exchange Metro Station for all Dubai commuters. The station received its new name Al Fardan Exchange Metro Station on Tuesday March 18 as part of an RTA naming rights partnership with financial services provider Al Fardan Exchange. Residents can find Al Fardan Exchange Metro Station in their travel routes. The Red Line station Al Fardan Exchange Metro Station now operates between Dubai Internet City station and Sobha Realty station. The station compromises a prime setting accessible to American University of Dubai along with Dubai Media City…