Tag: GCC economy

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Kuwait Budget Deficit Set to Widen 54.7% as Oil Income Falls

Economy Ahmed Al Farsi Ahmed Al Farsi -
Kuwait projects its 2026-2027 fiscal deficit to jump 54.7% to KD9.8bn as oil revenue drops, even as non-oil income and new taxes gain ground.

Dubai H1 2026 Property Sales Hit AED286bn, Second-Highest Ever

Economy Ahmed Al Farsi Ahmed Al Farsi -
Dubai recorded AED286.43 billion in real estate sales across 86,005 deals in H1 2026, the second-highest half-year on record, per DLD data.

Oman, Jordan Launch $100m Joint Investment Company

Economy Ahmed Al Farsi Ahmed Al Farsi -
Oman Investment Authority and Jordan's SSIF have launched a $100 million joint investment company targeting energy, tech, tourism and food security.

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UAE Visa Amendment and Cancellation Fees

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Amending or cancelling a UAE entry permit both cost AED 150. Cancellation only works before you enter the country. Full ICP fees and exceptions.

UAE Establishment Card: The AED 2,300 Cost

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A UAE company needs an ICP Establishment Card before sponsoring any visa, costing AED 2,300 for year one. Fines run up to AED 20,000. Full ICP guide.

Dubai Abra, Water Taxi and Ferry Fares

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Dubai's Abra, Water Taxi, and Ferry cost AED 1-75 per person. Charter an entire vessel from AED 300-2,800 an hour. Full RTA fares and routes.

Abu Dhabi Pet Registration: A Free Process

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Registering or transferring pet ownership in Abu Dhabi is free, done through a vet clinic and UAE PASS. Full TAMM process and required documents.

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