BusinessLatest Business and Company Updates
UAE moves to ease tax burden on sports bodies
UAE authorities have introduced a targeted corporate tax exemption for specific sports entities, signalling a policy push to deepen the sector’s economic role while aligning regulation with global standards. The Ministry of Finance said Cabinet Decision No of 2026 has been issued under Federal Decree-Law No 47 of 2022
Millennium Hotels leans on MENAT for global growth
Millennium Hotels and Resorts is sharpening its expansion strategy by placing the Middle East, North Africa and Turkey at the centre of its global growth plans, using the region’s aviation reach, investment climate and tourism depth to connect Asia with
Abu Dhabi strengthens energy pipe supply chain
Mubadala Investment Company and Tubacex Group have launched operations at their Abu Dhabi joint venture, bringing a specialised manufacturing platform for advanced Oil Country Tubular Goods into service as the UAE accelerates efforts to localise critical energy supply chains. The venture,
Saudi and Hong Kong Firms Launch Massive Aluminium Hub
Aluminium Products Company of Saudi Arabia and Hong Kong–based Asia Aluminum Group have inked a master framework agreement to build the largest integrated downstream aluminium industrial complex in the Kingdom, with planned investment reaching up to USD 500
