Tag: Finance
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UK-GCC Free Trade Agreement Signed: First G7 Nation Seals Gulf Deal Worth £3.7 Billion a Year
The UK and GCC signed a landmark Free Trade Agreement on June 8, 2026 — the first trade deal between the Gulf bloc and any G7 nation — eliminating 93% of GCC tariffs on British goods and unlocking £3.7 billion in annual trade gains, with total bilateral trade of £53 billion set to grow 20%.
Gulf Markets Rally on June 10: Saudi Tadawul Rises 1.3% to 11,115, Dubai Gains 0.9%, Qatar Surges 1.9%
Gulf equity markets posted broad gains on June 10, 2026, with Saudi Arabia's Tadawul rising 1.3% to 11,115 on USD 2 billion in turnover, Dubai DFM gaining 0.9%, Abu Dhabi ADX up 0.8%, and Qatar's QE Index surging 1.9% as ACWA Power climbed 7.7%.
UAE Corporate Tax 2026: Free Zone Rules, 9% Rate, September Filing Deadline Explained
UAE corporate tax 2026 brings critical new filing obligations, free zone qualifying income rules, and a September 30 deadline — here is everything businesses and free zone companies need to know to stay compliant and protect the 0% tax rate.
UAE’s AED 92.4 Billion Federal Budget Reflects Fiscal Strength as Non-Oil Trade Tops $1 Trillion
The UAE's 2026 federal budget stands at AED 92.4 billion — up 29 per cent from 2025 — as non-oil GDP grew 6.8 per cent and total non-oil foreign trade crossed $1 trillion for the first time in the country's history.
UAE Rises to Second in Global Islamic Economy Rankings as FDI Hits $45.6 Billion
The UAE has climbed to second place in the Global Islamic Economy Indicator, jumping from fourth, driven by record FDI inflows of $45.6 billion and its position as the most active Islamic investment destination by transaction volume.
