FTA VAT refund for UAE nationals climbs to Dhs353.5m in H1 2026
The VAT refund for UAE nationals building new homes reached Dhs353.5 million in the first half of 2026, the Federal Tax Authority confirmed. About 4,000 applications won approval in that period. Each covered VAT paid during construction of a private residence. The prior year set a lower base. In H1 2025, the authority approved 3,100 […]
TotalPay obtains SAMA approval to join Saudi Arabia digital payments race
TotalPay obtains SAMA approval to become the first Indian firm cleared for this role in the Kingdom. The Saudi Central Bank granted the license so the company can serve merchants across Saudi Arabia. You now watch an Indian fintech enter one of the region’s fastest digital payment markets. Regulators approved TotalPay as an e-commerce payment […]
50 Entrepreneurs Share Priceless Advice
It’s very rewarding when you work on something you think is going to make a big difference, and, yeah, it’s a little bit harder. But you should take this bet over and over again without hesitation.
China’s Central Bank financial measures target offshore yuan and liquidity
China’s Central Bank financial measures took center stage during a major financial event in Shanghai. Governor Pan Gongsheng announced six fresh policies during his speech at the opening session. He spoke at the Lujiazui Forum 2026, a busy two-day gathering held in Shanghai. The People’s Bank of China leads monetary policy for the world’s second-largest […]
Engine Repair Centre Developed in Al Ain to Lead Global MRO
The engine repair centre developed in Al Ain marks a defining moment for the UAE aviation sector. Sanad, backed by Mubadala Investment Company, announced an AED480 million commitment to build a new Repair Centre of Excellence. The facility targets a position among the top five engine overhaul providers across the global MRO industry. Your understanding […]
