1+ hour, 36+ min ago   (895+ words) New rules put cash payments, staff housing and employee benefits under fresh VAT checks Dubai: UAE businesses that rely on large cash payments, provide accommodation to employees or recover VAT on staff benefits may need to review those arrangements before…...

3+ hour, 12+ min ago   (445+ words) New York: OpenAI will not go public this year, the company's chief executive Sam Altman said in an interview released on Saturday, citing safety concerns over artificial intelligence. "Given everything happening with safety, right now would be an ill-advised moment…...

3+ day, 2+ hour ago   (402+ words) UAE joins BRICS finance talks and backs the NDB’s 2027 to 2031 strategy Dubai: The UAE has backed deeper financial and economic coordination within BRICS while supporting the New Development Bank’s next five-year strategy during meetings in India. The UAE, represented by…...

4+ day, 50+ min ago   (392+ words) The Tamchy Special Financial Investment Territory (Tamchy SFIT) partnered with the 15th annual AIM Congress investment forum, which is being held September 7–9 in Dubai (UAE). The delegation from the Kyrgyz Republic led by Ayaz Baetov, Chairman of the Management Council of…...

4+ day, 5+ hour ago   (442+ words) Missile salvos, destroyed tankers push crude benchmarks toward triple digits Oil prices surged toward $100 a barrel on Wednesday as the United States destroyed five Iranian crude carriers, Iran launched a ballistic-missile attack toward Jordan and Tehran warned tanker crews near…...

5+ day, 36+ min ago   (366+ words) New rules cover input tax, cash payments, staff housing and medical products Dubai: UAE businesses will see changes to VAT rules covering cash payments above prescribed thresholds, employee accommodation, medical products and input tax recovery under amendments announced by the…...

6+ day, 8+ hour ago   (775+ words) Inside the dynasties and AI startups minting billionaires before age 30 A new generation of billionaires is reshaping the global wealth rankings, with AI startups, pharmaceuticals, luxury goods and inherited family empires producing extraordinary fortunes before their owners turn 30. According to…...

1+ week, 2+ hour ago   (209+ words) Dubai: A Dubai-based developer is expanding into Georgia with an investment of more than $250 million to develop a 140,000-square-metre multifunctional complex on Ambassadori Island in Batumi. The agreement was signed by Sergey Avayan, CEO of HOLM Developments, and Gocha Kamkia,…...

1+ week, 1+ day ago   (923+ words) The pact tests sovereignty, energy security and the limits of state-backed investment The US-Venezuela oil agreement matters for reasons extending far beyond the 65 billion barrels covered by it. The deal could change how governments secure foreign resources, blur the boundary…...

1+ week, 3+ day ago   (540+ words) Move aims to improve deployability of reserves amid rising geopolitical tensions The Dutch central bank said Wednesday it had moved 86 tonnes of its gold reserves out of the United States and Canada to London, citing "increasing geopolitical unrest." The DNB…...