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Category: BUSINESS

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, …
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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.
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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 …
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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 …
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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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Posted on 02/02/2022

PM speaks with Abu Dhabi Crown Prince; condemns attempted missile attack targeting UAE

Prime Minister Imran Khan Wednesday had a telephone call with Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan in which he …
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Posted on 02/02/2022

Expo 2020: Military parades, dazzling show to mark Abu Dhabi, Dubai, Sharjah police cadets graduation

Expo 2020 is set to host a first-of-its-kind spectacular graduation ceremony for over seven hundred cadets from three emirates – the first outside academy premises. The dazzling ceremony, set to take …
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Posted on 02/02/2022

In A first, UAE Govt Introduces Corporate Tax Rates Effective From 2023

The new tax rule will come into action from June 2023 and will cover all business activities in the UAE, barring the extraction of natural resources. The tax will also be inflicted when the …
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Posted on 02/02/2022

UAE end-of-service payments: Employers, employees should avoid these legal pitfalls

Employers will benefit by paying termination payments ahead of final ruling Owing to the UAE being a cosmopolitan country and the different backgrounds people have, this naturally leaves employers …
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