Business & Economy

UAE’s Islamic T-Sukuk auction attracts AED 6.93bn in bids

The UAE Ministry of Finance announced the successful completion of the May 2025 auction of UAE Dirham-denominated Islamic Treasury Sukuk (T-Sukuk) amounting to AED...

“We don’t want to take an American approach”: BOLT’s Justin Grooms on building for the UAE

“I’ve been at BOLT for a little over six years now,” he says. “The company has, to a certain extent, grown a lot, but...

“This is the true crypto hub”: Frederica Tompkins Michell on decentralisation, brand building, and why Dubai is leading the future

If 2021 was the year crypto broke into the mainstream, 2025 may be the year it anchors itself in policy. And few places illustrate...

UAE announces new corporate tax rule for partnerships

The UAE Ministry of Finance has issued a Cabinet Decision introducing a new tax treatment option for unincorporated partnerships. The move is part of the...

“Reinforcing what we already do well and doing it even better”: Zaid S. Al Khayyat on legacy and leading with purpose

Today, it boasts 10,000 employees across eight industries, with a footprint in nine countries and a culture that celebrates ingenuity by staying proactive, curious,...

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