This past week has witnessed significant developments that could reshape the business landscape in the UAE and its neighboring regions. From newly implemented UAE tax rules and record-breaking real estate sales in Dubai to the introduction of a Golden Visa in Oman and the unveiling of the top 100 best places to work, these are pivotal stories that you won’t want to miss. In this article, we explore the new UAE tax rules, the booming Dubai real estate market, and other key highlights from the region that have caught the attention of investors and professionals alike.
UAE Introduces New Tax Rules for Free Zones
The UAE government recently revealed new tax rules specifically for Free Zones that will influence businesses operating in these areas. The Ministry of Finance (MoF) has repealed Ministerial Decision No. 265 of 2023 in favor of Ministerial Decision No. 229 of 2025. This new directive clarifies which activities qualify for corporate tax exemptions and expands the definition of Qualifying Commodity Trading to include industrial chemicals and environmental commodities.
Dubai’s Real Estate Market Hits New Heights
Notably, Dubai’s real estate sector continued its upward trajectory, reporting approximately $13.9 billion (AED 51.1 billion) in transactions for August 2025. This marked a 7.9% increase from the previous year. With a total of 18,678 transactions, the volume surged by 15.4% year-on-year. Apartments were the front-runners in this growth, contributing AED 30.2 billion (around $8.2 billion) to the market.
Record Expansion for Tashas Group
Tashas Group has announced a significant AED 100 million ($27 million) partnership with UAE developer Arada to open a minimum of 10 new restaurants over the next two years. This strategic venture aims to tap into the growing demand for high-quality dining options in suburban areas beyond the traditional hotspots of Dubai and Abu Dhabi. The first outlets are projected to launch by December, enhancing locations like Arada’s Aljada community in Sharjah.
100 Best Places to Work in the Middle East for 2025
This week, the list of the 100 best places to work in the Middle East for 2025 was unveiled by Great Place to Work, categorizing standout companies into large, medium, and small organizations. This ranking highlights how companies are increasingly prioritizing employee well-being and fostering positive workplace cultures in an evolving business environment.
Oman Introduces Golden Residency Program
Oman recently launched its Golden Residency Program for investors, offering a renewable ten-year residency option for them and their families. This initiative, aimed at boosting foreign direct investment (FDI) in the country, allows residency through various pathways, including property ownership and the establishment of businesses. The program is designed to reinforce Oman’s appeal as a long-term investment destination.
Boosting Dubai’s $1.36bn Online Food Delivery Market
The Dubai Corporation for Consumer Protection and Fair Trade (DCCPFT) is taking steps to boost the city’s burgeoning online food delivery market, valued at approximately $1.36 billion. A new working group has been established to issue industry guidelines aimed at enhancing competitiveness and improving standards for businesses operating in this space. These guidelines were crafted in collaboration with stakeholders, ensuring transparency and fostering growth in the sector.
Revitalization of Dubai’s World Islands
Dubai’s World Islands are experiencing a resurgence as ultra-wealthy investors begin pouring capital back into the ambitious project for the first time in over 15 years. The renewed interest highlights the potential for considerable development on the islands, with prices for properties ranging from AED 50 million to AED 588 million ($14 million to $160 million). This wave of investment signifies a robust recovery, positioning the islands for future growth and development.
Expanding Retail in Saudi Arabia
In Saudi Arabia, a report from Knight Frank forecasts the addition of 600,000 square meters of lifestyle retail space in Riyadh and Jeddah by 2027. This anticipated growth is indicative of evolving consumer preferences, with shoppers seeking experiences beyond traditional retail offerings. The emergence of lifestyle-focused malls marks a significant shift in the retail landscape as Saudi Arabia continues to establish itself as a notable consumer market.
Rebranding of Nakheel Mall to Palm Jumeirah Mall
In a significant move for Dubai’s retail sector, Nakheel Mall has been rebranded to Palm Jumeirah Mall, coinciding with the opening of a newly refurbished section that integrates a variety of international and local fashion and lifestyle brands. This initiative enhances the mall’s identity as a premier shopping destination, reflecting Dubai Holding Asset Management’s ongoing commitment to cultivating world-class lifestyle environments across the city.
New Digital Security Screener Licensing System at Dubai Airports
The Dubai Civil Aviation Authority (DCAA) has launched a new Digital Security Screener Licensing System in collaboration with the Dubai Police General Command, enhancing security measures in the city’s airports. This initiative aligns with international standards, emphasizing the commitment to maintaining safe aviation operations while improving the competency of security personnel. The strategic partnership aims to ensure the long-term sustainability of aviation security in Dubai.