Business News from Saturday, May 24th, 2025

UAE announces unincorporated partnerships tax decision

As part of its ongoing efforts to enhance tax transparency and improve the business environment in the UAE, the Ministry of Finance has announced the issuance of a Cabinet Decision regarding the tax treatment of unincorporated partnerships.
UAE’s $3.7 billion tech economy takes spotlight in Berlin at inaugural GITEX EUROPE

Europe’s largest inaugural tech, startup and digital investment event, GITEX EUROPE x Ai Everything, was held at Messe Berlin this week, with the UAE’s innovation taking centre stage.
Real estate transactions in five UAE emirates reach AED239 billion in Q1

Real estate transactions across five emirates in the UAE surged to over AED239 billion in the first quarter of 2025, underpinned by investor confidence, flexible regulations, and expanding project pipelines, official data showed.

News

Dubai Police dismantles begging ring, arrests 41 people
Dubai Police on Friday announced it arrested 41 people for begging and seized AED 60,000 from their possession.
UAE secures presidency of UN-Habitat General Assembly
The UAE has achieved a new diplomatic milestone by winning the presidency of the General Assembly of the United Nations Human Settlements Programme (UN-Habitat) for the first time and securing membership in its Executive Board.
UAE Pavilion welcomes one-millionth visitor at Expo 2025 Osaka
The UAE Pavilion at Expo 2025 Osaka–Kansai welcomed its one-millionth visitor, marking a significant achievement in the pavilion’s journey since the Expo officially opened on April 13.