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New tax in the UAE; Lottery warning; Crypto trading in Dubai; Kuwait halts e-visas; Saudi to host 2034 World Cup - 10 things you missed this week


Published on 2024-12-13 16:20:46 - Arabian Business
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  • Also making headlines this week were Saudi Arabia being awarded the 2034 FIFA World Cup, Kuwait halting e-visas, a massive new pedestrian network in Dubai and the top family businesses in the region were revealed. Catch up with the biggest stories this week, as selected by Arabian Business editors.

The article from Arabian Business outlines several key developments in the Middle East this week. The UAE has introduced a new tax on international transactions, aiming to diversify its revenue sources. There's a warning about lottery scams in the region, advising residents to be cautious. Dubai has seen a surge in cryptocurrency trading, reflecting a growing interest in digital currencies. Kuwait has temporarily halted issuing new e-visas to manage the influx of expatriates. Saudi Arabia has been confirmed as the host for the 2034 FIFA World Cup, marking a significant event in its Vision 2030 plan to diversify its economy. Additionally, the article touches on cultural shifts, like the increasing popularity of yoga in the UAE, and economic news such as the potential for a new stock exchange in Dubai. These points collectively highlight the dynamic changes in policy, economy, and society across the Gulf region.

Read the Full Arabian Business Article at:
[ https://www.arabianbusiness.com/culture-society/new-tax-in-the-uae-lottery-warning-crypto-trading-in-dubai-kuwait-halts-e-visas-saudi-to-host-2034-world-cup-10-things-you-missed-this-week ]