BusinessLatest Business and Company Updates
Deyaar Aims High with AED 2 Billion Flagship Residential Tower
Dubai-listed Deyaar Development has announced ambitions to achieve sales of nearly AED 2 billion from its Downtown Residences project in Business Bay, CEO Saeed Mohammed Al Qatami confirmed to CNBC Arabia. The mammoth twin‑tower, rising over 110 storeys and reaching 445 metres in height, is slated to commence construction in the fourth quarter of 2025.
Region
Sheikh Mohamed, Musk discuss AI cooperation
President His Highness Sheikh Mohamed bin Zayed Al Nahyan held talks with American entrepreneur Elon Musk, focusing on advances in artificial intelligence and emerging technologies and how cross-border collaboration can accelerate innovation with practical benefits for societies and economies.The meeting
UAE Embraces Global Crypto Tax Transparency Through CARF Deal
Abu Dhabi has finalised a major agreement to enforce greater transparency in crypto-asset taxation by signing the Multilateral Competent Authority Agreement under the Crypto-Asset Reporting Framework. The deal mandates automatic exchange of tax-related data on crypto transactions across jurisdictions,
Middle East set for 4,080 new aircraft deliveries by 2044
Airbus has forecasted a significant expansion in the Middle East’s aviation sector, predicting the need for 4,080 new passenger aircraft deliveries over the next two decades. This growth is expected to bring the region's in-service fleet from 1,480 aircraft in
