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Month: May 2023

Posted on 30/05/2023

UAE: New decisions on tax grouping, interest capping and unincorporated partnerships

The Decision on Tax Grouping further clarifies the conditions under which UAE resident entities that are 95 percent or more commonly owned can form or join a Tax Group and be treated as a single entit

Posted on 30/05/2023

UAE Emirates bullish on Tadej Pogačar hitting Tour de France form: ‘We remain very optimistic’

Team performance chief lifts lid on Pogačar’s physiological prowess: ‘His big strength is his ability to recover and adapt.’

Posted on 30/05/2023

UAE Central Bank, Hong Kong Monetary Authority strengthen Financial Cooperation

During the meeting, the CBUAE and the HKMA discussed a number of collaborative initiatives and agreed to strengthen cooperation in three major areas

Posted on 30/05/2023

Dubai World Trade Centre sees $3.5bn business tourism boost

Business tourism plays a vital role in Dubai’s economic growth and development, with large-scale events at #DubaiWorldTradeCentre retaining AED 7.4 billion in the local economy. Read more here: https: …

Posted on 30/05/2023

Dubai real estate: Four-floor Sky Palace mansion sells for whopping AED220mn

The Sky Palace residence is managed exclusively by Dorchester Collection Dubai real estate: Four-floor Sky Palace mansion sells for whopping AED220mn AVA at Palm Jumeirah, Dorchester Collection, Dubai …

Posted on 30/05/2023

Solar trees could soon be charging your car

UK startup SolarBotanic Trees is developing metal trees with a canopy of solar panels that could be used for electric vehicle charging.

Posted on 30/05/2023

UAE participates in G20 Trade and Investment Working Group Meeting in India

Juma Al Kait Assistant Undersecretary for Foreign Trade Affairs at the Ministry of Economy has led a delegation from the UAE Ministry of Economy to the second …

Posted on 30/05/2023

Dubai: DWTC supports 48,000 jobs, generates Dh13 billion in economic output for the emirate

UAE’s leading event venue is home to some of the world’s largest exhibitions, such as Gitex Global Gulfood, Arabian Travel Market, Arab Health and others …

Posted on 30/05/2023

With Maryam Island, Sheikha Bodour seeks to further enrich Sharjah’s quality of life

Living and investing in Shurooq’s projects not only mean choosing a place to reside but also embarking on a unique, comprehensive, and enriching lifetime experience that promotes health and quality of …

Posted on 30/05/2023

Sheikh Sultan issues Emiri Decree on Sharjah Social Security Fund

The Emiri Decree stipulates that the Board of Directors of the Sharjah Social Security Fund is formed, headed by Abdullah Sultan Muhammad Al Owais, Chairman of the Board of Directors of the Sharjah Ch …

Posted on 30/05/2023

New Project on Key Highway Will Ease Dubai-Sharjah traffic

The Sharjah’s Roads and Transport Authority (SRTA) has officially revealed the completion of a traffic improvement project on Al Ittihad Road. This project will enhance the capacity for Dubai to …

Posted on 30/05/2023

S&P affirms Abu Dhabi’s rating on ‘strong’ fiscal and external positions

S&P Global Ratings has affirmed its “AA/Stable/A-1+” investment grade rating for Abu Dhabi, with a “stable” outlook supported by the emirate’s strong fiscal and external positions over the next two …

Posted on 30/05/2023

Abu Dhabi: 3 patients’ lives saved in extraordinary triple kidney swap transplant

A hospital in the UAE Capital is now looking at expanding the unique Paired Kidney Donation initiative to the US, providing more opportunities to facilitate …

Posted on 30/05/2023

Dubai ‘well positioned’ to draw more foreign direct investment on strong economic growth

Dubai is expected to continue attracting foreign direct investment, despite global economic challenges, as it benefits from its position as a trade centre and its business-friendly policies, a report …

Posted on 30/05/2023

Dubai: Fined Dh400 For Lane Indiscipline But Unsure Of Traffic Violation? Here’s What It Means

Are you one of the motorists who have been issued a ‘light vehicle lane discipline’ fine by Dubai Police and are unsure about the mistake you made? You are not alone. Many drivers who have received …

Posted on 30/05/2023

4 must-visit destinations that will leave you spellbound in Dubai

Dubai, a city of soaring skyscrapers, luxurious shopping malls, and boundless ambition, is a playground for those seeking opulence and awe-inspiring experiences. With its fusion of modernity and …

Posted on 30/05/2023

MICE Events At Dubai World Trade Centre Fuel Dubai’s GDP, Driving AED13 Bn In Economic Output In 2022

In line with Dubai Economic Agenda D33’s objective of solidifying the emirate’s position as one of the top three …

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