What is Naïa Island and why Indian-origin billionaire Lakshmi Mittal is shifting there from the UK?

Steel magnate Lakshmi Mittal is shifting his primary residence from the UK to Dubai and Switzerland, driven by the UK's impending wealth and inheritance tax reforms. He has acquired property on Dubai's exclusive Naïa Island, a move reflecting a broader trend of high-net-worth individuals seeking tax certainty and asset protection.

from World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India https://ift.tt/DNEQu9X

Comments

Post a Comment

Popular posts from this blog

They look just like real babies: Why reborn dolls are becoming so popular in the UAE?

Image
Reborn dolls, hyper-realistic baby replicas, are gaining popularity in the UAE as collectibles, therapeutic tools, and novelty items. With lifelike features, accessories, and emotional appeal, they're attracting buyers of all ages. While some find them comforting or educational, others are unsettled by their realism. Globally, the trend sparks both fascination and debate, especially in countries like Brazil. from World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India https://ift.tt/Ajn0pw4
Read more

‘Oficially on strike’: Air Canada flight attendants' strike halts all operations; all you need to know

Image
Air Canada flight attendants initiated a strike on Saturday, leading to the suspension of all airline operations and impacting approximately 130,000 passengers daily. The Canadian Union of Public Employees (CUPE), representing 10,000 flight attendants, is demanding higher wages and compensation for pre- and post-flight duties. Negotiations have failed, with the union rejecting arbitration and the airline's offers as insufficient. from World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India https://ift.tt/OILaRtC
Read more