McDonald's is moving its non-US tax headquarters to the UK from Luxembourg. It's a boost for the government as it tries to attract international investment despite Brexit. McDonald's says it's chosen the UK because of the high levels of staff it has in London. Richard Truer from stockbroker Hargreaves Lansdown says it's a significant move.
Dubai's GDP reaches AED 232 billion in Q1 2026
Dubai maintained its strong economic performance in the first quarter of 2026, with the emirate's Gross Domestic Product (GDP) reaching AED 232 billion, reflecting a 2.4 per cent increase from the same period last year.
DTC completes AED 1.45 billion acquisition of National Taxi
Dubai Taxi Company (DTC) has completed its acquisition of 100 per cent of the share capital of National Taxi after securing all required regulatory approvals, including from Dubai's Roads and Transport Authority and Abu Dhabi's Integrated Transport Centre.
UAE achieves record FDI investments in 2025: H.H. Sheikh Mohammed
The UAE has "advanced to ninth place globally among FDI destinations and maintained, for the third year in a row, second global position in number of FDI investment greenfield projects, totalling 1,562 projects," said H.H. Sheikh Mohammed bin Rashid Al Maktoum.
Expo City Dubai issues UAE’s first green licences
Expo City Dubai has issued its first 'Green Licences' to six businesses, including small-sized social enterprises and multinational organisations, as it works towards establishing its Green Innovation District.
ADNOC Distribution to acquire South African fuel network in $1 billion deal
ADNOC Distribution will fully acquire Shell Downstream South Africa (SDSA) in a $1 billion deal that will allow the Abu Dhabi company to own its 580 fuel sites.
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