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  Bloomberg The Australian state of Victoria will more than double a property tax for foreign buyers in a move that may undermine surging home prices in the nation’s second-largest city. The stamp duty surcharge will increase to 7 percent from 3 percent and will apply to contracts signed on or after July 1, according to a statement from state …

Bloomberg Denys Laroche has been trying to sell his 18th century one-bedroom apartment just off the Champs-Elysees for six months. If the €3.75 million Paris home doesn’t attract a buyer soon, he may decide to wait for a new president next year. “We have a socialist president who’s increased taxes,” said Laroche, a business owner who’s about to retire and …

  MILAN / REUTERS Banca Popolare di Vicenza faces legal claims of upto 1.65 billion euros ($1.9 billion) from clients who allege they were misled into buying its shares, potentially undermining a state-backed rescue of the loss-making bank. Italy’s eighth-largest bank revealed the legal risks in a 950-page prospectus for its initial public offering, aimed at raising money to shore …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …