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
![photo105[16418]](https://thearabianpost.com/wp-content/uploads/2023/05/photo10516418-e1685438618918.jpg)
Gulf states move towards US-led AI supply chain pact
Qatar and the United Arab Emirates are set to join a United States–led initiative aimed at securing global artificial intelligence and semiconductor supply chains, signalling a widening of Washington’s technology diplomacy into the Gulf and underlining the strategic importance of
Jury finds Musk misled Twitter shareholders
Elon Musk has been found by a jury to have misled Twitter investors during his 2022 takeover bid, concluding that his public statements about the social media platform contributed to financial harm for shareholders as he pursued a lower acquisition
McGettigan’s owner buys Bla Bla Dubai
Vision Hospitality, operator of the McGettigan’s pub brand, has agreed to acquire the Dubai-based leisure venue Bla Bla Dubai as part of a strategy to deepen its footprint in the UAE’s competitive food and beverage and entertainment sector.The deal, whose