The UAE Ministry of Finance has listed those who are exempt from registering for corporate tax UAE announces tax exemption rules Abu Dhabi, Corporate tax, Corporate tax UAE, corporate taxes, Dubai, …
UAE announces list of entities exempted from corporate tax
The UAE’s Ministry of Finance (MOF) has issued a new decision that explains which businesses are not required to register for Corporate Tax on the Taxation..
UAE: Ministry of Finance issues decision on exception from registration for corporate tax purposes
The Ministerial Decision on the Exception from Tax Registration sets out who would be excluded from registering for Corporate Tax …
National Bank of Fujairah announces long-term partnership with CleanMax to finance its rooftop solar projects in UAE
Dubai — The National Bank of Fujairah (NBF) announces that it has provided a long-term credit facility to CleanMax for refinancing its rooftop solar portfolio in the UAE. The facility will cover 48 …
DRIFT Beach Dubai announces exclusive private beach Cabana Dubai food festival experience
Dubai, UAE: DRIFT Beach Dubai has announced that it will be hosting a one-off exclusive private dining experience at its luxurious Private Beach Cabana on Friday 28th April, from 7pm. As part of Dubai …
Israel sets Dubai tourism record so far in 2023
It puts Israel as Dubai’s eighth-largest tourism-driver, ahead of France, Kuwait and Egypt. For the same period in Abu Dhabi, Israel became the 11th-largest source market, with 9,000 checking into its …
Expo City Mall opening date revealed
Love to check out new places to give your bank card a workout? Shoppers will have to wait until next year Expo City Mall is expected to open at the start of 2024. Developer Emaar, who is behind the …
UAE’s E& Takes $400 Million Majority Stake in Ride-Hailer Careem’s Super App
DUBAI (Reuters) -Emirates Telecommunications Group Company has agreed to take a 50.3% stake in a super app managed by Careem, Uber Technologies’ Middle East subsidiary, in a transaction valued at $400 …
Super prime luxury market in Dubai sees strong start to 2023 with 24.9% increase in prices/ sqft
The average price of a super prime property now stands at AED 29.2 million, a 11.9% increase from the last quarter …
Dubai Autism launches the ‘Autism Murals’ initiative
Within the framework of the annual autism awareness campaign, which was launched earlier this month under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince …
The OnePlus Nord CE 3 Lite 5G may be coming to the US after all
OnePlus unveiled the Nord CE 3 Lite 5G earlier this week, but only for Europe, India, UAE, and a handful of markets in the Asia Pacific, leaving out North America in the process. The device has the …
UAE-Based e& Invests US$400 Million To Acquire A Majority Stake In UAE-Born Careem’s Super App Business
With this new investment, Careem plans to accelerate the realization of its ambitious vision to create the first “everything app” serving customers across the Middle East.
UPDATE 1-UAE’s e& takes $400 mln majority stake in ride-hailer Careem’s Super App
Emirates Telecommunications Group Company has agreed to take a 50.3% stake in a super app managed by Careem, Uber Technologies’ Middle East subsidiary, in a transaction valued at $400 million, e& said …
Inside Abu Dhabi’s $29 billion Upper Zakum megaproject
The Upper Zakum Oil Field is the largest producing field in ADNOC’s portfolio. It is also the second-largest offshore oil field and the fourth-largest oil field in the world.. Inside Abu Dhabi’s $29 …
Dubai Customs, Global Innovation Institute partner to enhance services
The authority applies the latest and most important global standards in innovation and creativity strategy Dubai Customs has joined hands with the Global Innovation Institute (GInI) to further enhance …
RFP for key Sharjah water project issued to pre-qualified bidders
This project is in line with Sewa’s principle objectives to augment its water production capacity to meet the present and future water requirements in the northern emirate …
Uber-owned Careem launches spinout with $400 million investment from UAE tech holding company e&
Careem Technologies will focus on the growth of the company’s “super app,” which offers dozens of services beyond ride hailing in one app.