New amendments to UAE tax regulations have come into force, with the Federal Tax Authority (FTA) confirming reduced administrative penalties under Cabinet Decision No. 129 of 2025.

The Dubai Department of Economy and Tourism (DET) has signed a strategic partnership with HSBC Bank Middle East Limited to attract international corporates, institutional investors, and ultra-high-net-worth individuals to Dubai.

Companies listed on the Abu Dhabi Securities Exchange (ADX) reported a 17% year-on-year increase in net profits, exceeding AED 200 billion ($54.46 billion) in FY2025, reinforcing the link between strong governance and financial performance.

A unit of International Holding Company (IHC) has acquired a majority stake in British businessman Richard Caring’s hospitality empire in a deal valued at over USD 1.4 billion, according to the Financial Times.

The UAE has secured hosting rights for the 2029 Annual Meetings of the World Bank Group and the IMF, marking a major milestone for its global financial standing.

Dubai Aerospace Enterprise (DAE) has partnered with Blackstone Credit & Insurance to launch a new aircraft leasing platform, Equator, targeting USD 1.6 billion in annual deployment.