😮 New Tax in Dubai?

Issue #4 (16 Dec) - 15% taxes; flying taxis over Abu Dhabi; hot funding week ; creating more luck; 13 questions changing your life

Author’s Note: Folks, we’re moving to the 4th edition of my newsletter. For all the new ones: I’ll publish 8 editions, 1 per week, and then make a decision to continue the newsletter or not. So any feedback or sharing of my newsletter would mean the world to me 🌎

💡Briefly

A summary of the major business, tech and startup headlines of the past week.

  • The UAE will impose a 15% minimum tax on multinationals with global revenues over €750M starting January 2025, aligning with global tax reforms to boost non-oil revenue.

  • Tradeling - a B2B e-commerce business - acquires Axiom’s distribution business to expand its B2B reach in the UAE.

  • OneClickDrive, a car rental marketplace, has expanded into the pre-owned vehicle sector, offering a platform for users to buy and sell used cars directly.

  • Dubai’s Stake is now in Saudi Arabia, offering international investors access to its booming real estate market through fractional property ownership.

  • Uber is set to launch its first international robotaxi service in Abu Dhabi, partnering with WeRide to introduce autonomous vehicles in the UAE.

💸 Recently funded in MENA region

is a list of companies that received funding. They might hiring soon!

  • Abikhdmh | Riyadh | Government | raised $800k seed round | No career

  • BuyAnyAutoPart | Dubai | Automotive | raised $750k in pre-seed funding | No Career

  • BioSapien | Dubai | Biotech | closed $5.5m in Pre-Series A to finance clinical studies | No Career

  • Dechat | Dubai | Web3 | announced $1m to foster growth in MENA | No Career

  • Wafeq | Dubai | Accounting Service | 7.5m in Series A to grow SME accounting in MENA | Career

Opportunities Corner

👀 recent job postings in Dubai & beyond that I actually find cool

🌴 Dubai & other good stuff

is a selection of links focused on Dubai, startups, career, timeless content and business.

  • 🌮 Food:

    • Wednesday Night was time for Bait Maryam, famous for his arabic-levantine kitchen and rich history. The creamy hummus, the fatoush & the lamb..it was soo lovely!

  • 📱Social:

    1. X: How to create more luck

    2. Reddit: Fired 100 people after “anonymous” survey

  • 🧑‍💻 Career: 

    • Job searching is tough, but you’re not alone. This article shares tips to manage the emotional highs and lows—stay focused, set small goals, and lean on your support system.

  •  🔁 Timeless Content:

    • 13 questions that could change everything—your mindset, decisions, and success. Ready to rethink your life?

  • 🚀 Start-ups:

    • MENA’s old unicorn playbook is dead. No more copy-paste startups or inflated exits. The region must find a bold, new path for scaleups in 2025—AI? New markets? A fresh asset class? The future depends on it.

    • 31 Startup Business Models you must know.

⭐️ RATE TODAY’S EDITION

Do you have any suggestions, questions, or criticism? By answering this e-mail you’re sliding right to my inbox.

Joel ❤️