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News 11

We found 11 results for ‘News

magzin
News
  • 18 Nov 2025

DIFC Company Registrations Surge 32% in ...

Dubai International Financial Centre (DIFC) has realised a massive milestone in the first half of 2025 with a year on year growth of new company formation of 32 percent. This growth is an indication that DIFC is still evolving into a global financial power and the firms are investing in the region in an effort to access the rapidly expanding markets within the Middle East, Africa, and South Asia (MEASA).

magzin
News
  • 18 Nov 2025

Dubai Aerospace Enterprise buys 10 jets...

As part of a leaseback deal, Dubai Aerospace Enterprise is buying 10 Boeing 737-9 jets from United Airlines. This event shows that Dubai is getting more involved in the global market for renting planes. United Airlines has agreed to buy ten new Boeing 737-9 planes from Dubai Aerospace Enterprise (DAE) and then lease them back to DAE. This deal shows how good the markets are for renting planes right now. In late July 2025, the deal was made public. It will last from August 2025 to February 2026. It helps the Middle Eastern leasing giant grow even more and supports United's plan to update its fleet.

magzin
News
  • 18 Nov 2025

Abu Dhabi & Dubai Ranked World's Most Ta...

Abu Dhabi and Dubai have risen as the top two most tax-friendly cities in the world in the newly released 2025 Tax-Friendly Cities Index, defeating 162 other global competitors. The report by Multipollutant, Wealth Report 2025: The Taxed Generation, has shown that not only has the UAE led the pack in providing favourable taxation regimes, but also, it has shown remarkable investor confidence, legal predictability and economic development. The UAE strengthens its role as a tax haven and a wealth migration hotspot in the world with Abu Dhabi at the top (1) and Dubai right behind at the second spot in the list (2) in 2025.

magzin
News
  • 18 Nov 2025

Skims steps into Gulf debut: Dubai is th...

Skims, a luxury shapewear brand founded by global icon Kim Kardashian, is opening its first store in the Middle East at Dubai's Mall of the Emirates. Clients could only get to Skims through online sites like Ounass until now.

magzin
News
  • 18 Nov 2025

Sheikh Mohammed & Sheikh Mansour Unite o...

Dubai hosted a meeting that held a symbolic and strategic value on August 7, 2025. Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and the Ruler of Dubai, was in attendance with Sheikh Mansour bin Zayed Al Nahyan at the Majlis, Union House and then at Al Marmoom. Instead of being a ritual event, the discussions shifted to the pulse of economic development, creation of wealth, tourism development, innovation, and joint priorities determining the UAE leadership vision. This experience was an eye opener that the UAE is not advancing on the shoulders of single leadership but as a collective progressive agenda. The two leaders are the embodiment of two opposites yet complementary forces the reputation of Dubai as the world of lifestyles and innovations and the power of Abu Dhabi as the capital of stability and wealth. Their combination enhances the strength of the UAE to continue the momentum within the country and increase its influence internationally.

magzin
News
  • 18 Nov 2025

Al Maktoum Airport: Dubai’s Mega Leap in...

Dubai has not been timid to think big and with the development of Al Maktoum International Airport (DWC), the emirate is establishing a new standard in the field of aviation worldwide. This magnificent project worth a staggering investment of £23.6 billion (US $35 billion) will become the largest airport in the world with a capacity of 260 million passengers per year and a coverage of 70 square kilometres. After the completion, it will become even larger than the unfinished King Salmon International Airport in Saudi Arabia, and again make it clear that Dubai is the aviation capital in the world.

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