World – Page 260

UAE’s 2025 tax update: How real estate firms can save on fair-valued assets | World News

[ad_1] The UAE Ministry of Finance’s new rule enables depreciation of fair-valued investment properties, offering firms fresh tax planning flexibility/Representative Image TL;DR: Finance Ministry’s Ministerial Decision No. 173/2025 allows firms to deduct depreciation on investment properties measured at fair value, if they choose the realisation basis, effective from tax periods starting January 1, 2025. Companies […]

Omani Qahwa: What makes this traditional coffee unique and how it’s served across the country | World News

[ad_1] In Oman, the concept of Qahwa or Kahwa encompasses tradition, togetherness, and respect/Image: Instagram TL;DR: Omani Qahwa, a lightly spiced coffee, is a central symbol of hospitality and social bonding in Oman. Its preparation is an intricate ritual involving cardamom, saffron, and rosewater, reflecting deep cultural heritage. Serving Qahwa with dates and in traditional […]

World Bank forecasts 3.2% GCC growth in 2025, says smart spending is key to sustained growth | World News

[ad_1] GCC governments poised for growth rebound as the World Bank projects 3.2% regional GDP growth in 2025/Representative Image TL;DR: GCC real GDP growth projected at 3.2% in 2025, rising to 4.5% in 2026, up from 1.7% in 2024. Growth fueled by easing OPEC+ supply cuts and robust expansion in non-oil sectors particularly private consumption, […]

From minimum wage to tax-free income: How Qatar is helping Indian expats grow in 2025 | World News

[ad_1] Indian expat families in Qatar are building stable lives through work, education, and community/ Representative Image TL;DR Qatar is attracting Indian professionals with career growth, safety, and family-friendly living. Indian-run businesses are growing, with fewer barriers to ownership than before. Legal reforms have improved job flexibility and worker protections for Indian expats. For many […]

Abu Dhabi tops global safety list: What the World can learn from UAE | World News

[ad_1] Abu Dhabi’s integrated security and community-focused policing keep it at the top of Numbeo’s global safety rankings for the ninth consecutive year/Image: Wikipedia TL;DR: Abu Dhabi tops Numbeo’s 2025 Crime Index as the world’s safest city. The UAE capital maintains this position for the ninth consecutive year since 2017. Dubai, Sharjah, Ras Al Khaimah, […]

What’s cooking in the Gulf? Health, heritage and premium imports reshape GCC dining | World News

[ad_1] Healthier meals, fusion menus, and premium food imports are defining how Gulf residents eat in 2025/Representative Image TL;DR: GCC consumers are shifting toward healthier, experience-led dining, favouring plant-based, functional, and fusion cuisine. Technology is reshaping dining from digital menus and loyalty apps to cloud kitchens and delivery-first models. The region’s appeal for culinary tourism […]

Can you drive in UAE with GCC licence? Eligibility and exchange rules explained | World News

[ad_1] GCC nationals can drive in the UAE with their home licences as visitors but must exchange them upon gaining residency/ Representative Image TL;DR GCC nationals can drive in the UAE using their home country licence while visiting. Once a GCC national becomes a UAE resident, they must exchange their licence. License exchange is done […]

Saudi ‘Sleeping Prince’ Alwaleed bin Khalid laid to rest; funeral prayer held in Riyadh | World News

[ad_1] Mourners gather in Riyadh for the funeral of Prince Alwaleed bin Khalid, known as the ‘Sleeping Prince’/ Image Composite: SPA/ File TL;DR Prince Alwaleed bin Khalid bin Talal passed away on July 19 after being in a coma since 2005. The funeral was held on July 20 in Riyadh, attended by senior royals and […]

Turkey’s Erdogan insists on Cyprus two-state solution | World News

[ad_1] Turkey’s Erdogan insists on Cyprus two-state solution (Pic: AP) NORTH NICOSIA: Turkish President Recep Tayyip Erdogan on Sunday reaffirmed his country’s support for a two-state solution in Cyprus, urging the international community to accept the Mediterranean island’s existing division.Cyprus has been divided since 1974, when a Turkish invasion followed a coup in Nicosia backed […]

18-hour days, 1 week off: UAE Prime Minister’s relentless commitment to nation and people | World News

[ad_1] Sheikh Mohamed shares a heartfelt moment with UAE students, embodying leadership through connection/ Image : WAM TL;DR Sheikh Mohamed puts in long hours, yet still makes time for personal moments with everyday people. His leadership style is rooted in presence, not performance. Each meeting, whether with students or workers, shows consistency, humility, and care. […]