The award was presented by Marc Vandiepenbeeck, Johnson Controls’ president for the EMEALA region to Abduljalil Al Abbasi, Senior Vice President of Planning and Design at DIEZ, as part of a COP28 …
Dubai Chambers holds 14 workshops on corporate tax
Dubai Chambers recently organised 14 training workshops on corporate tax that were aimed at increasing awareness in this area among the city’s business community. Designed to enhance the readiness of …
Emirati unit of Egypt-listed Maridive sells $40 mln marine asset
Egypt-listed Maridive and Oil Services announced that its subsidiary Ocean Marine UAE is finalizing a deal to sell a $40 million marine unit to settle a part of a $45.5 million debt to banks, …
Global fintech CoorB launches operations in Egypt, Saudi Arabia, UAE
Dubai-based global fintech company CoorB announced the launch of its operations in Egypt, Saudi Arabia, and the UAE, according to a statement on Sunday.
No plans to impose personal income tax, Saudi finance minister affirms
Image Credit: AFP Dubai: Saudi Arabia’s Finance Minister has unequivocally said that there are no intentions to impose income tax on individuals in the country. During an interview at the 2024 World …
Dubai Customs Issues 13 Key Policy Announcements in 2023
Dubai Customs reinforces transparency and efficiency with the release of 13 customs policy announcements in 2023. These updates inform stakeholders abou …
Dubai GDP expands 3.3% in 2023 as emirate pursues ambitious economic vision: Sheikh Hamdan
“Driven by the strategic vision of its leadership, Dubai has set an example for economic strength, resilience and innovation. With the dedicated efforts of our government teams and international …
Bike riders targeted in new safety drive by Sharjah Police
Awareness aboutcommon violations that cause accidents key focus of traffic campaign Sharjah: A road safety drive has been launched by Sharjah Police to raise greater awareness about common violations …
UAE: Is it mandatory for person leaving country to cancel company’s license?
Do I need to cancel the licence or will it expire on its own? Please advise. The UAE has several jurisdictions where a company may be registered. Since you have not mentioned the specific emirate, we …
UAE launches Global TradeTech Sandbox during World Economic Forum in Davos
The minister called on innovators in the field of global trade technology to visit the United Arab Emirates and benefit from its business environment to develop, refine, and disseminate their …
D-Day for the Telegraph: Will Abu Dhabi’s bid to buy the paper succeed?
George Osborne likes to boast that he is one of a select group of people who have visited the private Channel Island of Brecqhou. In 2006 the Tory MP for Tatton was a guest of the reclusive Barclay …
Abu Dhabi launches initiative to facilitate procedures for bereaved families
Sanadkom aims to simplify the customer experience and facilitate procedures for the families of the deceased to access government services and support them upon the passing of an Emirati family member …
Magic Planet Burjuman Hotels
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Oilfield firm SLB tops profit views on international demand
SLB beat analysts’ estimates for quarterly profit on Friday as resilient offshore and overseas drilling activity buoyed demand for its oilfield services and equipment.
Dubai real estate: Property sales shatter records in 2023 with over 120,000 transactions, says new report
According to the recently released Dubai Real Estate Market Report for FY2023 by Betterhomes, residential sales transactions reached an all-time high of 120,742 for the year – a massive 38 percent …
Dubai Sales Of $25 Million Homes Double As Global Elite Move In
Sales of homes worth $25 million or more doubled in Dubai last year after some of the world’s wealthiest people snapped up homes in the Middle East’s business and tourism hub, according to property …
UAE corporate tax: Why business owners must take note of deferred taxation
For many of you, corporate tax became real on January 1, 2024. Your fiscal year, or what your corporate tax year is being called by the relevant authorities, might not be a calendar year. That …