The UAE’s Ministry of Finance (MoF), in collaboration with the Central Bank of the UAE (CBUAE), has completed the successful June 2025 auction of Islamic Treasury Sukuk (T-Sukuk), denominated in UAE ...

The UAE has strengthened its regional energy ties by signing a major financing agreement with the Gulf Cooperation Council Interconnection Authority (GCCIA). Backed by the Abu Dhabi Fund for ...

Ras Al Khaimah’s hospitality industry is set for major expansion, with 7,427 new hotel rooms anticipated by 2030, according to the latest RAK Investment Pulse report released by Stirling Hospitality ...

The Ministry of Finance has issued Mutual Agreement Procedure (‘MAP’) guidance to provide clarity and guidance to taxpayers on the eligibility of MAP, the MAP process and the information required for ...

Dubai welcomed 8.68 million international visitors between January and May 2025, representing a 7 per cent rise compared to 8.12 million tourists during the same timeframe in 2024, according to the ...

Oman has announced that it will implement a 5 percent personal income tax (PIT) on high earners starting January 1, 2028, becoming the first GCC country to introduce such a tax. The move aligns with ...

The Saudi Central Bank (SAMA) has announced a comprehensive update to the Kingdom’s credit card regulations, aimed at improving transparency, lowering customer fees, and supporting the broader shift ...

Kypros Tsentas leads Wade Adams, one of the Gulf region’s most respected and long-established infrastructure contractors, with a legacy that began more than four decades ago in Africa. From its humble ...

Al Islami Foods Founder, Haj Saeed Lootah Al Islami Foods has established itself as a cornerstone of family meals and gatherings, leaving a lasting impact since its inception in 1981. With a strong ...

This month, Finance World Magazine proudly presents our Powerlist Edition, featuring the “50 Future Architects of Legacy” who are redefining the future while honouring the past. At the heart of the ...

With over 20 years in IT and healthcare technology, Akram Sami leads Oracle’s Middle East and Africa operations, driving major healthcare IT advancements. Since 2022, he’s spearheaded transformative ...

The UAE’s fuel price committee unveiled the petrol and diesel rates for May 2025 on Wednesday. The price of Super 98 petrol has risen slightly to AED 2.58 per litre, up from AED 2.57 in April. Special ...