Business from Friday, May 22nd, 2026

Dubai Maritime City launches AED160 million maritime business centre

Dubai Maritime City, one of DP World's flagship developments, has inaugurated the AED 160 million premium Maritime Business Centre 2 (MBC-2) that offers high-quality office spaces in the Commercial District of Dubai Maritime City.
Dubai announces 5% VAT on Salik, Parkin fees

Starting June 1, a 5 per cent Value Added Tax (VAT) will be applied to parking services provided by Parkin and toll tariff and activation fees under Salik.
Leaders in Abu Dhabi reflect on success of ADIA on its 50th anniversary

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has affirmed that 50 years of Abu Dhabi Investment Authority (ADIA) represents a strategic milestone in the emirate’s transformational economic journey.

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