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Month: September 2023

Posted on 21/09/2023

All you need to know about corporate tax relief in the UAE

Significant reliefs have been provided to individuals, whereby salary income and income from investments by an individual will not be subject to CT in the UAE. Also, the Qualifying Free Zone entities …

Posted on 21/09/2023

UAE banned import of frozen meat from Pakistan

LAHORE: The United Arab Emirates (UAE) has banned the import of frozen meat from Pakistan through sea route after allegedly finding fungus in a consignment of meat.

Posted on 21/09/2023

Abu Dhabi hotel room rates rise 24 per cent in emirate’s tourism drive

Abu Dhabi hotels are benefiting from an increase in room rates this year, according to hospitality data analytics company STR. The emirate’s hotels recorded 24 per cent growth in average room rates to …

Posted on 21/09/2023

Nathaniel Wood to take on Muhammad Naimov at UFC 294 in Abu Dhabi

Nathaniel Wood will make a swift return to the Octagon to take on Muhammad Naimov at UFC 294 on October 21. The Londoner scored an unanimous points win over Andre Fili in the capital in July, making …

Posted on 21/09/2023

Swipe2B’s payment solution processes $2bln of B2B supplier payments in the UAE

As the economic hub of the Middle East, the UAE boasts a thriving business ecosystem and Swipe2B has emerged as a catalyst for growth and efficiency …

Posted on 21/09/2023

Dubai’s Select Group awards $296mln construction contract for Peninsula Four in Business Bay

The Dubai-based real estate developer Select Group has awarded a construction contract worth 1 billion UAE dirhams ($296 million) to Al Basti & Muktha (ABM) for the development of Peninsula Four, The …

Posted on 21/09/2023

Saudi PIF-backed ADES prices IPO at top end, implying over $4 billion valuation

DUBAI, Sept 20 (Reuters) – Saudi oil and gas driller ADES Holding said on Wednesday it has set the final price for its initial public offering (IPO), implying a valuation of 15.242 billion riyals …

Posted on 21/09/2023

The Ministry of Finance introduced UAE private sector to expansion opportunities in emerging economies

Abu Dhabi, UAE: – The Ministry of Finance, in collaboration with the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA), held two workshops at the headquarters of the Chambers of …

Posted on 21/09/2023

Cybersecurity key to boosting customer confidence, developing UAE’s banking and financial sector: UBF

This came during the UAE Banks Federation’s participation in the 3rd Cybersecurity Conclave as the strategic partner …

Posted on 21/09/2023

Sharjah approves construction of $71mn Al Mudina Water Tank project

Sharjah has approved the construction of Al Mudina Water Tank project in the Central Region of the emirate at a cost of AED261 million ($71 million). HH Dr Sheikh Sultan bin Muhammad Al Qasimi, …

Posted on 21/09/2023

Hidden in plain sight: Abu Dhabi’s lesser-known historic cultural sights

Go on a site seeing tour of Abu Dhabi’s lesser-known historic cultural sites… When you think of Abu Dhabi’s culture scene, it’s hard not to immediately picture the popular Louvre Abu Dhabi and the …

Posted on 21/09/2023

Abu Dhabi Residents Office and Nine Yards Real Estate Development partner

This agreement aligns with ADRO’s strategic goals that seek to facilitate the affairs of Abu Dhabi residents, by retaining and integrate into society and developing a number of smart services and …

Posted on 21/09/2023

New Abu Dhabi restaurants opening in September, including SLRP Ramen by 3Fils

September is officially launch season in the UAE what with families returning from their summer holidays, schools reopening, and new residents moving in. As a result, it is little surprise that plenty …

Posted on 21/09/2023

UAE urges employees to report unpaid or delayed salaries in private sector, tough penalties for violators

The UAE Digital Government has called on workers and employees to report unpaid or delayed salaries in the private sector by contacting the Ministry of Human Resources and Emiratisation’s digital …

Posted on 21/09/2023

Reportage Properties to hold a special sales day in Abu Dhabi next Sunday

Abu Dhabi: Reportage Properties, the leading UAE real estate developer, is holding a special sales day at the Sofitel Abu Dhabi Corniche Hotel, next Sunday, September 24. The event includes a special …

Posted on 21/09/2023

Dubai Terminal 3 travel trials; DXB best-connected in Middle East; New Saudi tax warning – 5 things you need to know today

From the unveiling of the Bear Grylls Survival Academy in the heart of Saudi Arabia by Red Sea Global, to Dubai International Airport’s ascent as the Middle East’s unrivaled aviation hub, and India’s …

Posted on 21/09/2023

After UAE restriction, TOMCL says will continue meat exports to UAE via sea

The Organic Meat Company Limited (TOMCL), a Pakistani meat processor, has said that it will continue to export frozen and vacuum-packed chilled meat products to its market in United Arab Emirates (UAE …

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