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Airbus shaves 20-year demand forecast, sees quicker substitutions

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Airbus (AIR.PA) shaved its gauge for complete business plane interest by 0.5% contrasted and pre-pandemic projections on Saturday, offset by a more splendid viewpoint for vessels as jetmakers battle for debut deals of new freight planes.

Airbus refreshed the generally watched figure just before the Dubai Airshow, where a battered flying industry is faltering from the deficiency of two years’ development to COVID-19, while laying out its most recent ecological plans in the midst of developing environment pressure.

Airbus said it expected a market all out of 39,020 jetliner conveyances in the following 20 years, partially lower than the 39,213, it anticipated two years prior in its last moving estimate.

The gauge for little planes like the top of the line A320 was basically level at 29,690 units, however, the viewpoint for long stretch planes that customarily rule the district fell 3.1%.

The view repeats that of Boeing which in September cut its 20-year conveyance gauge by 1% contrasted with 2019. That tempered more prominent negativity seen from Boeing as the emergency topped in 2020.

Airbus gave somewhat more fragile figures for medium planes – an important landmark that incorporates its longest-range narrrow-body stream, the A321XLR. Its deals have been causing a migraine for Boeing at the top finish of its as of late pained 737 MAX range.

Following two years of COVID-related travel limitations, Airbus cut its figure for normal yearly development in traveler traffic more than 20 years to 3.9% from 4.3% in pre-pandemic 2019.

Traffic and aircraft benefits set the rhythm for plane requests.

“We have lost viably two years of traffic development due to the pandemic,” Airbus Chief Commercial Officer Christian Scherer said.

In any case, Airbus raised its 20-year conveyance conjecture for tankers by 2.9% to 880 units and anticipated a request soon for another A350 vessel. Boeing said it is in cutting edge conversations with likely purchasers for its new 777X tanker. peruse more

Airbus said a rising portion of complete plane conveyances is supplant flies currently in the market instead of to working with the as of late checked development plans of numerous carriers.

That accentuation reflects assumptions that aircrafts will resign less effective planes prior after COVID-19, yet additionally addresses a delicate point for the business as some natural gatherings target what they consider to be over-extension.

Airbus said 39% of conveyances would supplant more seasoned planes with higher discharges, contrasted and 36% in a prior figure.

Quicker retirements stress a few providers and lessors who dread the financially valuable existence of planes will fall, constraining them to pass up help incomes or push up deterioration costs.

Scherer excused providers’ analysis of Airbus’ arrangements to bring yield up in coming years, saying this would not flood the market yet would rather modernize armadas and check emanations.

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Business

Dubai’s RTA invites companies to participate in tenders and auctions 

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Dubai’s Roads and Transport Authority (RTA) has announced an exciting opportunity for businesses across the UAE, including small and medium enterprises (SMEs), to engage in 116 tenders and auctions available until the end of 2025.

This initiative is part of the Dubai Government’s Public-Private Partnership Strategy 2024–2026, which is aimed at stimulating economic growth and fostering strategic collaborations within the emirate.

The tenders cover a broad range of sectors, including services, consultancy, infrastructure, insurance, outsourcing, operations and maintenance, information technology, and investment. RTA’s push to engage the business community underscores its commitment to enhancing public-private collaboration, supporting national companies, and driving innovation in various industries.

Abdulla Yousef Al Ali, CEO of the Corporate Administrative Support Services Sector at RTA, explained, “We are actively supporting Dubai’s business community through incentive-driven initiatives, including recognition programmes that celebrate major companies collaborating with SMEs.”

He continued, “To participate in RTA projects, companies need to meet specific qualification criteria, which can be easily accessed through RTA’s streamlined digital process via the Electronic Prequalification System on our official website. This system supports the development of government projects by attracting top-tier local and international companies, ensuring efficient project delivery, facilitating knowledge exchange, and developing national talent. It plays a crucial role in attracting investment and stimulating the national economy.”

The RTA’s electronic prequalification system is available free of charge, allowing companies to register by creating a username and password. Once registered, companies can select the ‘Supplier and Investor Management System’ to access the Electronic Prequalification System, where they can upload the required documents and specify their business activities of interest.

For more details on the available tenders and auctions, companies can visit the RTA website at www.rta.ae.

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How a Dubai Firm Built a 1,000+ Workforce in Just 20 Years

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In an era defined by digital transformation and workforce localisation, Data Direct Group – a leading – Dubai-based business process outsourcing company – has emerged as one of the UAE’s largest and most enduring private employers.

Founded in 2002 with a vision to offer reliable, locally grounded customer experience (CX) solutions, Data Direct Group recently surpassed 1,000 + employee milestone in the UAE alone. The company, today employs, more than 1500 people across four GCC countries, quietly redefining what sustainable private sector impact looks like – with a workforce that today represents 35+ nationalities.

“Our story is Dubai’s story — built on ambition, innovation, and a belief in people,” says Rajiv Dalmia, Founder and Chairman of Data Direct Group that marks 23 years of operations this month. “When we started over two decades ago, back in 2002, we had a clear focus: build a company that not only delivers operational excellence but also contributes meaningfully to the economy and society around us. That vision has stayed the same.”

Supporting on-shore employment and Emiratisation

In an industry often driven by offshore outsourcing, Data Direct Group has doubled down on creating meaningful, on-shore employment opportunities within the UAE. Its diverse portfolio includes call centre services, digital onboarding, and IT support — all delivered by a workforce physically present in the country and trained to global standards.

“Our journey reflects not only business resilience, but a deep-rooted commitment to on-shore job creation, inclusivity, and economic value generation,” said Dalmia explaining how this ‘localisation drive’ has allowed the company to support both government and private sector entities across the UAE while aligning with national initiatives such as Emiratisation.

“We’ve never believed in exporting jobs; we’ve always believed in exporting  knowledge and capabilities,” Dalmia notes. “That’s why we’ve invested heavily in building local talent — our growth is measured not just in numbers, but in lives uplifted and careers shaped.”

A true UAE-grown success story

With its roots deeply embedded in Dubai, Data Direct Group has become a textbook example of homegrown enterprise success. From early challenges to regional expansion, the company has retained its core commitment to service, speed, and scalability.

Today, it is trusted by leading names in banking, healthcare, government services, utilities, logistics, and telecom, delivering bespoke business solutions that enhance customer experience and drive digital agility.

“The UAE allowed us to dream big. The leadership here created an ecosystem where entrepreneurs like myself could build something real and long-lasting,” Dalmia says.

One of the UAE’s largest employers in its category

Employing more than 1,500 people in the region and growing, Data Direct Group has carved out a reputation not only for its size but also for its inclusive work environment. With more than 35 nationalities represented, the company mirrors the cosmopolitan fabric of the UAE itself.

“We don’t just talk diversity — we live it every day,” says Dalmia. “Whether it’s a young graduate from Sharjah or a systems analyst from India, we’ve built a space where people from all backgrounds, walks of life and academic qualifications can grow and lead.”

The company’s female participation has also grown steadily over the past decade, particularly in middle-management and client delivery roles — a focus area it aims to accelerate in the coming years.

Driving economic impact beyond numbers

Beyond employment figures, Data Direct Group plays a pivotal role in supporting the business infrastructure of the UAE and wider GCC. From managing millions of customer interactions to helping clients streamline operations, the company’s services are woven into the fabric of everyday business in the region.

This impact translates to cost-efficiencies, customer satisfaction, and scalable support for public services — key drivers of GDP contribution in UAE’s digital economy.

“Economic impact is not just about revenue — it’s about relevance,” Dalmia adds.

“The fact that we’ve been around for over two decades, evolving every step of the way, is proof that you can be relevant, resilient, and responsible — all at once.”

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Business

What foreign investors need to know about UAE’s updated tax rules

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The UAE has introduced new rules to clarify when foreign companies or investors may be subject to corporate tax on their investments in the country.

Under Cabinet Decision No. 35 of 2025, the UAE Ministry of Finance has outlined specific conditions under which non-resident investors in Qualifying Investment Funds (QIFs) or Real Estate Investment Trusts (REITs) will be seen as having a taxable presence (nexus) in the UAE.

What Does This Mean for You?

If you’re a non-resident juridical person (i.e. a foreign company or legal entity) investing in a QIF or REIT in the UAE, you’ll only be considered taxable in the UAE if:

  • The fund does not distribute at least 80% of its income within nine months after the end of its financial year. In this case, your tax obligation starts from the date you acquired the investment.
  • The fund does distribute 80% or more, but your taxable status starts from the date the dividend is paid.
  • The QIF fails to meet the diversity of ownership rules during the tax period.

Good News for Passive Investors

If your investment is in QIFs or REITs that comply with the rules and none of the exceptions apply, you won’t be considered to have a taxable presence in the UAE. This means no corporate tax liability under the UAE’s tax system.

Why This Matters

This decision gives much-needed clarity to international investors. It helps ensure that foreign investment in UAE-based funds remains attractive and tax-efficient while aligning with the country’s new corporate tax framework.

In short, if you’re investing in compliant UAE funds or REITs as a non-resident, you’re unlikely to face UAE corporate tax unless certain distribution or ownership conditions aren’t met.

(Source: Wam)

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