According to the FTA, a natural person is defined as a living individual of any age, residing in the UAE or elsewhere
Latest News
Dubai real estate
Dubai residential real estate volume up 47% last year with one zone accounting for over half of transactions
Dubai real estate saw massive increase last year on back of a surge in off-plan property sales
NEOM
NEOM announces $3bn financing for ambitious developments
NEOM has secured massive financing agreement with Italian group and international banks
Arabian Healthcare Group
Arabian Healthcare Group announces Master Plan 2027 to enhance healthcare in Ras Al Khaimah
The new hospital, strategically located along the E311 – Sheikh Mohammed Bin Zayed Road, providing easy access to neighbouring districts and emirates – is set to open in Q3 2027
Arab Financial Services
Arab Financial Services Expands into UAE to enhance digital payments ecosystem
The move follows the successful acquisition of a retail payment services license – category II from the Central Bank of the UAE
ACWA Power
ACWA Power and Italy’s Snam forge partnership to develop green hydrogen supply chain to Europe
The partnership will involve exploring potential collaboration and joint investments aimed at establishing an international supply chain for a dependable and cost-effective supply of green hydrogen from Saudi Arabia to Europe
Abu Dhabi
Abu Dhabi-based M42 partners with Rhapsody to enhance global health outcomes with Microsoft Azure
The announcement was made on day one of Arab Health 2025
Dubai
Arvato opens regional logistics HQ in Dubai CommerCity to expand e-commerce services
The company said its strategically located 3,300 sqm headquarters in Dubai CommerCity will ensure seamless connectivity and efficient transportation of goods within the region and beyond
smash room dubai
UAE residents report 70% stress relief after The Smash Room sessions: Report
Women account for 55 percent of the customer base, and 60 percent of visitors are from Gen Z
Hyatt
Hyatt signs agreement for first hotel in Saudi Arabia’s AlUla
The hotel will feature two dining venues, meeting facilities, a pool, and a fitness centre
Drone delivery
US drone delivery firm Matternet gets nod to operate M2 drone in Saudi Arabia
Matternet’s M2 drone delivery system became the first to achieve FAA Type Certification in September 2022
Dubai
Dubai real estate: DLD opens freehold property conversion for Sheikh Zayed Road, Al Jaddaf – everything you need to know
Dubai’s freehold conversion of properties on Sheikh Zayed Road and Al Jaddaf is set to boost investment and attract global buyers – but what does this mean for owners and residents?
High Net Worth Individuals
UK millionaires head for Dubai, Abu Dhabi despite attempts to slow exodus, experts say
Experts also called for a complete reversal of the planned amendments to the non-dom tax rules to make it easier for wealthy individuals to relocate to the UK, particularly in light of the Trump presidency
Aviation
Riyadh Air to enhance pilot training after securing first advanced flight simulator license
It ensures that the airline remains on track for operational launch in 2025
BNPL
Tabby says no ‘new minimum’ as some online UAE stores set AED300 order threshold
New threshold targets larger transactions over smaller purchases
Dubai real estate
Dubai real estate market set for major growth as population nears 4m and major investments pave way for positive future
Dubai real estate report shows how growing population will be met with enhanced investment
Italy
First look: Saudi Arabia Railways unveils stunning designs for Dream of the Desert train
Saudi Arabia Railways shares Dream of the Desert train design ahead of launch next year