This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting Amazon Web Services cloud infrastructure in the GCC.

Search Site

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

UAE tax authority tour ensures readiness of tourist VAT recovery scheme

  • Self-Service Kiosks, which allow tourists to recover VAT on their purchases, have been placed at all exit ports.
  • The kiosks are also available at several commercial centers and hotels that are included in the tax refund scheme.

The Federal Tax Authority of the UAE has organized field tours to ensure the readiness of Self-Service Kiosks, which allow tourists to recover Value Added Tax on their purchases.

The kiosks have been placed at all exit ports included in the VAT Refund Scheme for Tourists.

Tourists can submit their tax invoices along with their passport and credit card to recover VAT. No limit is placed on the maximum amount that can be recovered if said amount is transferred to the tourist’s credit card.

However, if an applicant requests a cash refund, then the maximum amount is set at AED10,000 per day.

Through its partnership with Planet, the Federal Tax Authority provides these kiosks at air, land, and seaports, in addition to many commercial centers and hotels that are included in the tax refund scheme.

FTA Director-General Khalid Ali Al Bustani said the scheme aims to support tourism in the UAE – one of the leading sectors with a major role in enhancing the local economy.

“We are devoted to ensuring transparency, accuracy, and speed of procedures and mechanisms, which, in turn, will cement and advance the UAE’s standing as a major destination on the global tourism map,” he said.