European millionaires are fleeing high-tax regimes for Dubai, now a top destination for wealth preservation, lured by its tax-free benefits and luxurious lifestyle. With Europe tightening tax regulations, Dubai emerges as a haven for the global elite.
Abu Dhabi—now the world's richest city—manages US$1.7 trillion in assets, surpassing global competitors like Oslo and Beijing. With diversified investments in sectors like AI, healthcare, and renewable energy, it’s cementing its future as a global financial powerhouse.
Global Village Season 29 kicks off with new attractions, including 30 cultural pavilions, a revamped Restaurant Plaza, and immersive marketplaces, offering visitors a rich blend of global cultures and dining experiences in Dubai.
Padel, a fast-growing sport blending tennis and squash, is taking over the UAE—and specifically Dubai—with its accessible gameplay and social appeal. With top-notch facilities, coaching, and year-round play, Dubai is becoming a hub for this dynamic and engaging sport.
Per a new purchasing managers’ survey released by HBL and S&P, Pakistan’s manufacturing PMI rose to 50.9 in May, returning to expansion as new orders recovered and export orders posted their strongest rise since February 2025.
Pakistan’s major ports are seeing a sharp rise in container and transshipment activity as Gulf disruption redirects cargo towards Karachi, Port Qasim and Gwadar.
Iranian officials are preparing three days of farewell ceremonies and a 24-hour funeral procession for Ali Khamenei, with events expected in Tehran, Qom and Mashhad.
Trump reportedly warned Netanyahu against further escalation in Lebanon as US-Iran diplomacy faced renewed pressure, with Pakistan and Qatar involved in efforts to preserve a fragile regional framework.