Financial experts in the UAE have issued a strong warning to residents against investment schemes that promise unusually high or “guaranteed” returns, noting a sharp rise in sophisticated financial scams across the country. Fraudsters are increasingly misusing the names, logos, and digital identities of well-known banks and financial institutions to make fake investment offers appear…
A new parking scam has surfaced in Dubai, putting motorists at risk of financial fraud through fake QR codes placed on parking signboards. Scammers are sticking counterfeit QR code stickers over legitimate ones, tricking drivers into making parking payments through fraudulent links that can steal personal and banking details. The issue gained attention after a…
For years, setting up a company in the UAE was almost synonymous with speed, global access, and near-zero corporate taxes. While speed and connectivity remain unchanged, the tax landscape has evolved — and that change is proving to be a positive development for serious Indian businesses looking to scale sustainably. The introduction of a 9%…
The Reserve Bank of India (RBI) has introduced revised banking rules that simplify how current accounts, overdrafts (OD) and cash credit (CC) facilities are operated. The updated framework aims to improve fund flow efficiency, reduce operational hurdles and give banks and borrowers greater flexibility. For NRIs in the UAE who manage businesses, investments or family…
Abu Dhabi has become the stage where India’s only full-time Formula One journalist, Niharika Ghorpade, continues to make her mark. For her, the UAE isn’t just another stop on the global racing calendar — it’s where her journey as an internationally recognised F1 storyteller shines the brightest. Her love for motorsport began years ago in…
Dubai’s Free Zones have become one of the biggest attractions for entrepreneurs and investors, offering a simple and tax-efficient way for expatriates to establish businesses with 100% foreign ownership. With the introduction of the Dedicated Free Zone Passport, companies can now operate across multiple Free Zones using a single permit, adding more flexibility for startups…
India and the United Arab Emirates have made notable progress in liberalising visa policies and strengthening consular cooperation, following a meeting of the India-UAE Joint Committee on Consular Affairs (JCCA) held in Abu Dhabi recently. According to the Ministry of External Affairs (MEA), both sides advanced discussions in four key areas: easing visa rules, improving…
Starting November 28, thousands of Indians who own property or hold financial accounts abroad—including residents of the UAE—have begun receiving SMS and email messages from India’s Income Tax Department. The alerts remind eligible taxpayers to correctly report all foreign assets and income in their Indian tax return by December 31, 2025, or face significant penalties….
Amratlal Tribhovan Das arrived in Dubai 52 years ago, at a time when gold cost just Dh6 a gram. He remembers the date clearly: December 13, 1973. Flying in from Mumbai on an Air India flight, he stepped into a quiet, modest Dubai Airport with only a small bag of clothes and a packet of…
A UAE-based student has achieved one of the rarest academic milestones in the world. On November 23, Saisha Sanaka, a grade 11 student at Brighton College Al Ain, earned a perfect 1600 on the SAT in her very first attempt — a score reached by only a tiny percentage of test-takers globally. Her preparation began…
Dubai has officially revealed the price of 14K gold for the first time, with Dubai Jewellery Group setting the rate at Dh301.75 per gram, making it the cheapest gold variant now available in the emirate. With global gold prices hitting historic highs this year — crossing Dh500 per gram in Dubai and $4,300 per ounce…
Indian music legend AR Rahman has created a special musical tribute for UAE National Day 2025 titled “Jamal Al Etihad.” The song will be officially unveiled on November 29 at 9.30pm at the Layali Al Wathba Theatre during the Sheikh Zayed Festival in Abu Dhabi. Unlike his usual focus on technique and emotion, Rahman describes…