The UAE is poised to launch a new era in digital finance. For small and medium-sized enterprises (SMEs), the implications are massive. At the centre of this transformation is the Digital Dirham, a blockchain-based Central Bank Digital Currency (CBDC) being rolled out...
Climate commitments are tightening across the Gulf, and investors are increasingly rewarding firms that can prove – not merely promise – their low-carbon credentials. The Voluntary Carbon Market (VCM) has more than quadrupled in value since 2020 and was already...
As the UAE strides towards global innovation leadership, the introduction of Research and Development (R&D) tax credits, set for 2026, presents a significant opportunity for founders and businesses across all sectors. These incentives, designed to fortify the...
Wondering what's happening with the ecommerce industry UAE this year? As of May 2025, the ecommerce and digital trade industry in Dubai and the wider UAE continues to experience significant growth, positioning itself as a central pillar of the region's economic...
Starting a business in Dubai is an exciting venture, yet navigating the process of opening a business bank account can feel challenging due to stringent regulations. This comprehensive guide simplifies every step, clearly explaining the benefits of a business bank...
Value Added Tax (VAT) deregistration is the process by which a business formally cancels its registration with the UAE’s Federal Tax Authority (FTA). Deregistering may seem daunting, but it is a necessary step for businesses that no longer need or qualify for VAT...
In the world of business metrics, year-over-year (YoY) growth stands out as a crucial indicator of performance. YoY growth measures how a given metric (such as revenue, profit, or customer count) changes from one year to the next, providing a long-term perspective on...
Bids and tenders are your ticket to securing lucrative government contracts, so it's important to master the art of preparation and submission. The UAE tender process is known for its transparency and structure, with plenty of governmental portals and aggregator...
Between July 2023 and June 2024, the UAE attracted over USD 30 billion in cryptocurrency investments, ranking among the top 40 countries globally and becoming the third-largest crypto economy in the MENA region. The nation’s forward-looking approach to regulating...
A Salary Certificate in the UAE is a key document often required for financial and legal purposes. In this guide, we cover everything you need to know about a salary certificate in the UAE. This includes what it is, why you need it, how to obtain one, and the steps to...
Opening a business account with RAKBANK is a strategic step for entrepreneurs and companies aiming to leverage comprehensive financial services in Dubai. Whether you’re a startup, an SME, or an established business, RAKBANK offers tailored banking solutions to meet...
As the digital banking revolution sweeps across the globe, the UAE is not being left behind. One of the key players in this wave is Wio Bank, a neobank that is making business banking faster, smarter, and more user-friendly. Projections indicate a substantial increase...