Dubai attracted nearly 15.9 billion ($4.3 billion) in foreign direct investment (FDI) from 378 projects in the first nine months of 2021, official data showed. “Dubai has continued to introduce and …
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Herzog’s business as usual in Dubai after Houthi attack shows solidarity – analysis
President Isaac Herzog’s visit to Dubai on Monday went exactly as planned. He opened Israel’s national day at Expo 2020 with an honor guard, and “Hatikvah” played in the expo’s central plaza. Herzog …
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UAE govt to charge corporate tax on business profits from June 2023
UAE, known as a tax haven and the regional headquarters for many multinational corporations, will tax business profits of over 3,75,000 dirhams (approximately ₹76.18 lakh) at 9% from June 2023. The …
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UAE to launch first federal corporate tax on business profits from June 2023
The United Arab Emirates (UAE) on Monday said it would introduce a federal corporate tax on business profits for the first time starting from June 1, 2023, although it kept the rate low, at 9 percent, …
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Dubai Chamber of Digital Economy aims to attract 300 digital startups in two years
Among the key objectives of the new strategy is to attract 300 digital startups to Dubai within two years; propose improvements and changes to laws and policies that would support …
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Have a special Valentine’s Day at Kempinski Hotel Mall of The Emirates
Treat someone special with dinner at the Aspen Ski Chalet or a themed afternoon tea. Have a special Valentine’s Day at Kempinski Hotel Mall of The Emirates. Partner Content, Valentine’s Day 2022.
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Covid-19: Abu Dhabi’s initiatives had ‘remarkable’ effect on mental well-being, says new survey
Abu Dhabi fared relatively well in tackling the impact of Covid-19 on mental and physical health of the older population, a new survey has revealed. The recent research paper by the Department of …
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Aldar Lists Abu Dhabi’s First Regulated Short Stay Apartments
Following the implementation of the Department of Culture and Tourism – Abu Dhabi’s new holiday home regulations and licensing platform, Aldar today ann …
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All grades in Abu Dhabi schools welcome back students
The phased return to in-person learning at UAE public schools and Abu Dhabi emirate’s schools this term has meant that children in these grades were learning remotely for the first four weeks of the …
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The Abu Dhabi Edition Introduces Rossano Ferretti At Edition Spa
The Abu Dhabi EDITION, situated in the metropolis downtown district on the waterfront of Al Bateen Marina, announces the launch of a new salon, Rossano Ferretti at EDITION Spa. Opening its doors on …
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Sharjah Labour Sports Tournament enters into decisive stage
Sharjah: The fifth Sharjah Labour Sports Tournament, organized by the Labour Standards Development Authority in Sharjah (LSDA), has continued its successful competitions on the playgrounds of the …
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UAE – Sharjah Shopping Promotions Concludes on High-Note with the Volume of Purchase Growing by 25%
While the volume of purchase throughout the campaign grew by 25%, the campaign witnessed an impressive increase in the number of shoppers exceeding 40% compared to last year. The Sharjah Shopping …
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Al-Fardan: Cycling competition promotes Sharjah’s landmarks
Fardan, a member of the Board of Directors of the Sharjah Sports Council, explained that the third stage of the Sharjah Cycling Tour started from the Ittihad Kalba Sports and Cultural Valley, to the …
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Sharjah Light Festival to take place from February 9-20
Sharjah Commerce and Tourism Development Authority (SCTDA) has announced the 11th edition of the Sharjah Light Festival, which will take place from February 9-20 across nine sites in the emirate. With …
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UAE to introduce federal corporate tax on business profits from June 1, 2023
The United Arab Emirates will introduce a federal corporate tax on business profits starting from June 1, 2023 for the first time, the Finance Ministry announced on Monday, but kept a low base to …
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The UAE Introduces Its First-Ever Corporate Taxes, Set to Start in 2023
The news is a significant shift for a country that’s long attracted businesses from around the world thanks to its status as a tax-free commerce hub.
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UAE to introduce 9% federal tax on business profits
The UAE has announced plans to introduce a federal corporate tax on business profits. The new measure will come into force from June 1, 2023. With a standard statutory tax rate of 9 percent and a 0 …
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