Dubai Customs reported a 10 per cent surge from the 12.7 million transactions registered in the same period last year …
Hefty fines in Dubai: Up to AED2 million for forging credit, debit cards
Dubai Public Prosecution has alerted against forging, counterfeiting or reproducing debit and credit cards. The action can result in fines starting from AED500,000 up to AED2 million. The authorities …
Dubai Chamber of Digital Economy hosts ‘Design Thinking Hackathon’ to empower next generation of Emirati app developers
Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has hosted the ‘Design Thinking Hackathon’ a …
Dubai’s first skyscraper: Everything you need to know
With its construction beginning in 1974, the tower was completed in just five years in 1979, making it the first high-rise building in Dubai. Dubai’s first skyscraper: Everything you need to know.
Dubai Customs posts robust H1 performance with 14mln transactions processed
Commenting on the solid H1 performance in customs service transactions, Ahmed Mahboob Musabih, Director-General of Dubai Customs and CEO of Ports, Customs and Free Zone Corporation, said, “Trade is …
Basmati rice export to get a boost from India-UAE currency trade
Basmati exporters hopeful of steady returns after UAE-India currency trade agreement. This likely boosts Iran window via Dubai, reducing risk of payment default. Last year, shipments increased to …
Federal Tax Authority Signs Government Services Quality Charter
The Federal Tax Authority (FTA) has signed the Government Services Quality Charter, launched by the UAE Government with the aim of offering a new and advanced level of service for the public, driving …
Nomura Launches Wealth Management Business in Dubai, Opens Premises in DIFC
Nomura announced the expansion of its International Wealth Management business with new premises in Dubai International Financial Centre.
Dubai Customs Posts Robust H1 Performance With 14 Million Transactions Processed
Dubai Customs cleared 14 million customs transactions during the first six months of this year, a 10 percent sur …
0% UAE corporate tax: Free-zone companies must follow these guidelines to avoid fines
In other words, the substance cannot be maintained on the mainland or outside UAE. It is not mandatory for a qualifying free zone person to undertake all the activities by itself, and could …
Dubai Customs posts robust H1 performance
Dubai Customs revealed that business registration service transactions went up 7%, recording 143,000 service requests. Customs declarations stood at 12.3 million transactions, accounting for 88% of …
Dubai seeks to unlock new phase of high-powered growth for its family business sector
In Dubai’s awe-inspiring economic growth story, family businesses stand tall as architects of growth, innovation and value creation. Generating over 40 percent of the emirate’s GDP, the sector …
‘90% of private companies owned by families’: Dubai launches initiatives to empower family businesses
These businesses also serve as major employers, providing livelihoods to over 70 per cent of the private sector workforce …
Dubai launches initiatives to promote growth of family businesses
Dubai has launched a series of initiatives to “future-proof” family businesses, promote their growth, bolster their competitiveness and help them navigate a quickly evolving global economy. The …
Dubai Customs posts robust H1 performance with 14 million transactions processed in 6 months
Keeping pace with the UAE’s strong economic growth, Dubai Customs cleared 14 million customs transactions during the first six months of this year, a 10 …
Dubai Customs, Nakheel share zest for extensive innovation
The purpose of this visit was to provide insights into Dubai Customs’ experience in fostering new ideas and innovations, ultimately contributing to economic growth and ensuring community welfare in …
Dubai seeks to unlock a new phase of high-powered growth for its family business sector
In Dubai’s awe-inspiring economic growth story, family businesses stand tall as architects of growth, innovation and value creation. Generating over 40 percent of the emirate’s GDP, the sector …