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Main headlines

Main headlines latest

Zohran Mamdani
August 9th, 2026 - 08:42 GMT
P. Choiaqo

P. Choiaqo

Mamdani levies tax on luxury second homes, billionaires sue

ALBAWABA - Mamdani passes law taxing luxury second homes leading three New York billionaires to sue for failing to follow state notice requirements and setting off a “panic” in late July. The suit itself is not targeted toward the tax but toward Mamdani’s handling of the announcement of the tax with those suing citing the mayor’s office caused chaos after wrongly suggesting thousands of people might owe taxes on homes ...
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Both sides agreed on the need to ease Schengen visa procedures for UAE
May 30th, 2013 - 04:30 GMT

UAE-Spanish bilateral trade hikes 75 per cent in 3 years

A team of Freezone Sohar officials visited India recently
May 30th, 2013 - 04:00 GMT

Oman freezone to double India investment in next 2 years

Emirates Securities Market
May 30th, 2013 - 04:00 GMT

Banking, construction pushes UAE bourses up

Standard & Poor's Ratings Services
May 29th, 2013 - 01:00 GMT

Outlook on KSA revised to positive -- S&P

Market breadth stood in favour of decliners
May 29th, 2013 - 10:32 GMT

Trading in Oman remains flat

The event will also include technical training sessions
May 29th, 2013 - 10:21 GMT

Qatar’s first HVAC expo to be held with 75 firms participating

Kuwait has three refineries with a daily production capacity of around 930,000 barrels
May 29th, 2013 - 09:51 GMT

Kuwait National Petroleum sign $516 contract with South Korea

The donation will be used for the operational expenses of the centre
May 29th, 2013 - 09:43 GMT

Firm donates some $500,000 to Dubai Autism Centre

Saudi Arabia 100 Riyals bill
May 29th, 2013 - 09:35 GMT

KSA lends Tunisia $150 million for construction

South Korean firms including Samsung, Hyundai and Doosan Heavy Industries will build the four 1,400-megawatt reactors
May 29th, 2013 - 09:29 GMT

Abu Dhabi turns to nuclear energy with second reactor

The WRDC is encouraging the private sector
May 29th, 2013 - 05:00 GMT

Whopping $80bln for projects in western Abu Dhabi

The announcement came about a week after Doha Bank made public its commitment
May 29th, 2013 - 05:00 GMT

Bank to lend $1.3bln to SMEs

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