Landmark UAE-Ukraine comprehensive economic partnership agreement takes effect with major tariff cuts
The historic UAE-Ukraine Comprehensive Economic Partnership Agreement officially took effect on July 1, forecasting a major boost to trade and GDP.
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UAE sets June 30 deadline for private sector Emiratisation targets, warns of steep fines starting July 1
UAE private sector firms with 50 or more employees face a June 30 deadline to meet their mid-year Emiratisation targets or risk AED 120,000 annual fines per unfilled position.
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Saudi Arabia extends tax penalty waiver scheme for an additional six months until the end of 2026
Saudi Arabia’s ZATCA has extended its tax penalty and fine waiver initiative by an additional six months, now running until December 31, 2026.
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UAE implements stricter Wage Protection System enforcement framework for private sector
The UAE introduces a stricter Wage Protection System framework, enforcing prompt private sector salary payments and increasing compliance thresholds.
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Marriott International and Blacksand announce landmark deal to develop 10 hotels in Saudi Arabia
Blacksand and Marriott International have signed an agreement to open 10 new hotels across Saudi Arabia, adding over 1,300 rooms to the Kingdom’s hospitality sector.
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Qatar investigates deadly technical blast at Ras Laffan industrial zone as officials assure global markets on LNG supply
A technical explosion at Qatar’s Ras Laffan industrial zone has claimed 13 lives and injured 66, though officials confirm LNG exports remain entirely unaffected.
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UAE becomes first Arab nation to enter global top 10 best countries index as future growth prospects soar
The UAE has made history by ranking 10th globally in the 2026 Best Countries report, taking the top spot worldwide for future economic growth potential.
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Four Bahraini corporate dynasties secure Forbes top 100 status as regional family businesses expand
Four major Bahraini family-owned conglomerates have been recognized in the prestigious Forbes Middle East ‘Top 100 Arab Family Businesses for 2026’ ranking.
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Sheikh Mohammed launches ‘Dubai-It’ to accelerate government and corporate execution
Sheikh Mohammed has introduced the ‘Dubai-It’ initiative to foster a culture of rapid execution and operational excellence across Dubai’s government and corporate sectors.
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