UAE Clarifies Tax Nexus Rules for Foreign Investors in Investment Funds and REITs
The UAE Ministry of Finance has issued a new decision that outlines the circumstances under which a foreign (non-resident) person…
Tag: Business
QIA’s $1bn Fund of Fund Programme to Take Spotlight at Upcoming Startup Grind Qatar Event
Key players from leading global venture capital firms backed by the Qatar Investment Authority’s (QIA) $1 billion Fund of Fund…
Nissan Halts U.S. Orders for Infiniti SUVs Amid Trump Tariffs
Nissan Motor Co. has announced it will stop accepting new orders from the United States for two of its Mexico-built…
Indian Rupee Strengthens Sharply as Dollar Plunges Amid U.S. Tariff Concerns
The Indian rupee opened on a strong note on Friday, briefly breaching the 85 mark against the U.S. dollar, buoyed…
Indian Rupee Strengthens as Dollar Index Plummets Amid US Tariff Concerns
The Indian rupee opened on a stronger note on Friday, briefly falling below the 85 mark against the US dollar…
Taqa and EWEC Announce Major Energy Projects to Support UAE’s AI and Net Zero Goals
The Abu Dhabi National Energy Company PJSC (Taqa) and Emirates Water and Electricity Company (EWEC) have unveiled new energy infrastructure…
Markets Brace for Trump Administration’s Tariff Announcement
Global investors are anxiously awaiting the Trump administration’s tariff announcement, set to be revealed on Wednesday, amid uncertainty over the…
Qatar’s Maritime Sector Sees Strong Growth in Q1 2025
Qatar’s maritime sector experienced significant growth in the first quarter (Q1) of 2025, with an increase in vessel calls and…
OpenAI Faces Deadline to Transition to For-Profit Model for $40 Billion SoftBank Deal
OpenAI must transition to a for-profit company by the end of the year to secure its full $40 billion funding…
Qatar’s Listed Companies Report QR51.18bn in Net Profits for 2024
Qatar’s listed companies on the main market posted a total net profit of QR51.18 billion in 2024, reflecting an 8.7%…