Business from Saturday, May 24th, 2025

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.

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 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.