2026 January 1

Business
Japan and UAE agree to strengthen energy cooperation

On January 13, UAE Minister of Energy and Infrastructure Suhail Mohammed Al Mazrouei met with Japan's Minister of Economy, Trade and Industry Akimasa Akazawa at the World Future Energy Summit in Abu Dhabi to discuss strengthening bilateral cooperation.

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World Bank predicts UAE GDP growth of 5% in 2026

The World Bank released its latest World Economic Outlook on January 14th. It forecasts that the United Arab Emirates (UAE)'s real gross domestic product (GDP) growth rate will be 5.0% in 2026 and 5.1% in 2027. Amid geopolitical tensions and policy uncertainty, the Gulf region, including the UAE, is experiencing a […]

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Dubai Accountant's Business Frontline: "If I'm a resident of Dubai, do I not have to pay tax on a company in a tax haven?"

People who have moved to Dubai often ask, "Since this country does not have an income tax, if I live in Dubai and set up a corporation in a tax haven outside the UAE, won't I be able to avoid paying taxes?" However, if a foreign corporation is managed from within the UAE […]

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