Dubai

Dubai Approves Largest Budget Cycle to Drive Sustainable Growth and Innovation (2025-2027)

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Dubai’s 2025-2027 budget, its largest ever at AED272 billion, focuses on sustainable growth, community welfare, and innovation, supporting major infrastructure, social, and digital transformation initiatives aligned with Dubai’s long-term development goals.

Managing ESR Compliance in the UAE After 2024 Legal Amendments

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The 2024 legal amendments exempt UAE businesses from compliance under the Economic Substance Regulations (ESR) for financial periods starting after January 1, 2023. However, compliance for the 2019–2022 ESR Period is required, with records retained for six years for potential Federal Tax Authority review.

Carrefour Partners with Dubai’s Apparel Group to Make a Comeback in India After 2014 Exit

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French retail giant Carrefour has teamed up with Dubai-based Apparel Group to launch its operations in India by 2025. Founded in Dubai in 1996, the Apparel Group operates in both the retail clothing and food and beverage (F&B) sectors.

Shenzhen and Dubai Forge Stronger Financial Ties with New Cross-Border ETF Agreement

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The Shenzhen Stock Exchange and Dubai Financial Market recently signed an MoU to facilitate cross-border investing between China and the UAE.

Bank of Singapore to Expand Middle East Presence, Targets 5-Year Growth Plan

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The Bank of Singapore is evaluating the potential of making Dubai one of its booking centers in the future, complementing its existing centers in Singapore and Hong Kong.

Choosing Dubai as Your Investment Base and Setting Up in the IFZA

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Dubai’s IFZA is a dynamic international free zone community that leverages the UAE’s strategic location and world-class infrastructure.

Dubai International Financial Center Announces Digital Assets Law

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The Dubai International Financial Center has unveiled the world’s first Digital Assets Law. We discuss implications for the financial system.

Comparing Tax Environments: Dubai, Hong Kong, and Singapore

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While Dubai, Hong Kong, and Singapore all offer attractive tax regimes, determining which one aligns best with your business goals requires careful consideration of various factors.

Dubai Attracts 9 Technology Multinational Firms, Fueling its Digital Economy

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The Dubai Assets Law and the Business in Dubai platform are among key initiatives in the emirate that aim to attract high-quality technology investors, fintech firms, startups, and digital innovators.

Dubai Introduces New Judicial Authority to Resolve Conflicts Between DIFC and Local Courts

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Dubai has introduced a new judicial authority to address jurisdictional conflicts between DIFC Courts and local judicial bodies, with the goal of streamlining legal proceedings.

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