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Category: BUSINESS

Posted on 03/02/2022

Sharjah authorities launch platform to reduce licensing time of construction

The Department of Town Planning and Survey, Sharjah City Municipality and Sharjah Electricity, Water and Gas Authority (SEWA) has announced the launch of a unified electronic platform to reduce the …
( read original story …)


Posted on 03/02/2022

UAE, Saudi Business Conditions Lose Momentum as Covid-19 Weighs

Business conditions in the United Arab Emirates last month rose at a slower rate as Covid-19 cases rose, hindering demand. A Purchasing Managers’ Index compiled by IHS Markit fell to 54.1 in January …
( read original story …)


Posted on 03/02/2022

UAE’s private sector records more business activity gains in January, but at a slower pace

Businesses take a more cautious approach on new hires to better manage costs Dubai: The UAE’s private sector (outside of the oil-related industry) recorded another solid performance in January …
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Posted on 03/02/2022

UAE says it blocked drone attack, little-known group claims responsibility

The UAE defence ministry said it was “ready to deal with any threats” and was taking “all necessary measures” to protect the country which prizes its reputation as a safe business haven. On Tuesday, …
( read original story …)


Posted on 03/02/2022

UAE non-oil private sector growth slows in January as COVID restricts demand – PMI

DUBAI, Feb 3 (Reuters) – The United Arab Emirates’ non-oil … economist at survey compiler IHS Markit. Output, which measures business activity, fell to 59.6 in January from 62.7 in December, …
( read original story …)


Posted on 03/02/2022

Expo 2020 Dubai to host Terry Fox Run to mark World Cancer Day

Organised by Canadian Business Council Dubai and hosted by Expo 2020 Dubai to support Al Jalila Foundation, this year’s run continues its tradition as a 3 or 5km non-competitive family fun run.
( read original story …)


Posted on 03/02/2022

UAE says 3 ‘hostile’ drones intercepted in 4th such attack

The escalation has threatened the UAE’s reputation as a haven for international business in a region mired in conflict and collapse. Expats outnumber locals in the Emirates nearly nine to one.
( read original story …)


Posted on 03/02/2022

What UAE’s New Tax Means for Its Business-Hub Status

With major economies now waging war on tax havens and money laundering, the Middle East commercial hub is dismantling parts of its low-tax regime. The change may test the UAE’s appeal to foreign …
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Posted on 03/02/2022

UAE Introduces 9% Tax on Business Profit

The Ministry of Finance has announced that the UAE will introduce a federal corporate tax on business profits that will be effective for financial years starting on or after 1st June 2023.Businesses w …
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Posted on 03/02/2022

KP govt inks MoUs worth $8bn at Dubai expo

PESHAWAR: KP government has signed MoUs worth over eight billion dollars at Dubai expo which will boost tourism, hydropower, economic zones and mines and minerals sector investment, besides attracting …
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Posted on 03/02/2022

Not acceptable Donnelly at Dubai health expo while ‘serious problems’ at home – TDs

Mr Donnelly and secretary general Robert Watt arrived in Dubai last Thursday ahead of a series of meetings … and he talked about making important contacts and networking with the business community” …
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Posted on 03/02/2022

Not acceptable Donnelly at Dubai health expo while ‘serious problems’ at home – TDs

Mr Donnelly and secretary general Robert Watt arrived in Dubai last Thursday ahead of a series of meetings … and he talked about making important contacts and networking with the business community” …
( read original story …)


Posted on 02/02/2022

Corporate tax to consolidate UAE’s position as a leading global business hub

The UAE’s latest move to diversify its revenue sources will have a positive impact on economy in general and real estate sector in particular besides aligning the country’s corporate sector with best …
( read original story …)


Posted on 02/02/2022

Expo 2020 Dubai to turn into a marathon track for Terry Fox Run

Dubai site will be transformed into a marathon running track on this Saturday (February 5) when the Terry Fox Run takes place at the world fair. The Terry Fox Foundation has raised more than Dh8 …
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Posted on 02/02/2022

Watch: Sheikh Mohammed meets Spain’s Prime Minister at Expo 2020 Dubai

Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday met with Pedro Sanchez. The meeting was held in the presence of …
( read original story …)


Posted on 02/02/2022

Dubai Considers Reducing Government Fees on Commercial Activities

Following the introduction of a federal corporate tax on business profits Dubai’s media office said on Tuesday that the emirate will consider reducing government fees on commercial activities to …
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Posted on 02/02/2022

Abu Dhabi: Al Wathba Fossil Dunes Opens to the Public on This Day

H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Board of Directors of the Environment Agency – Abu Dhabi (EAD), inaugurated the Al Wathba Fossil …
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