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AI start-up says the change will help it raise more funding
Energy subsidy reforms and policy change critical to resolve the crisis, analysts say
Nvidia and AMD also support AI start-up as it expands its infrastructure
Tax revenue set to contribute about 10 per cent of overall public revenue for 2025, up 15 per cent compared to 2024 budget projections
It marks one of the largest FinTech deals in the UAE, companies say
In the short term, a higher tax regime could impact profitability, experts say
New tax incentives are also planned for research and development and high-value employment activities
Tech company to begin with launch of Apple Store online in summer 2025
With oil production a fraction of what it was before the civil war and with a currency in turmoil, the country will need time and support to recover
House prices are currently about 20 per cent higher than they were at the same time last year, Knight Frank says
Move aimed to stabilising exchange rates between countries, support trade and reduce risk
Trade remains resilient to tariffs and geopolitical challenges, analysts say
Company says progress on the $500bn development is continuing on all fronts as planned
Strategy also aims to triple the FDI balance to Dh2.2 trillion and will target key sectors such as advanced manufacturing and renewable energy
Saudi Arabia's Masarrah Investment Company has joined as a cornerstone investor and will invest about Dh250 million