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Category: BUSINESS

Posted on 10/07/2023

Next Dubai? Ras Al Khaimah (RAK) Is Luring Billionaires

From the top of the RAK International Corporate Centre, foreign tycoons can catch a glimpse of a city transforming.

Posted on 10/07/2023

Dubai’s Deyaar launches final phase of Midtown community

Deyaar Development, a Dubai-based property developer and real estate service provider, has announced the launch of Jannat, a project that will be the final addition to the developer’s Midtown …

Posted on 10/07/2023

Dubai-based startup alfii raises $2.5mln funding round

US-based Preface Ventures, Kayan Ventures, UAE-based Aditum Ventures, and Wayfinders led the fundraising, along with a number of local and regional angel investors …

Posted on 10/07/2023

Sharjah grants Algeria 2023 Arab Capital of Sports and Culture

Sharjah has formally handed over the title of Arab Capital of Sports and Culture 2023 to the Republic of Algeria following its win in the competition. Abdel Rahman Hammad, Algerian Minister of Youth …

Posted on 09/07/2023

UAE: Hamdan bin Zayed lays cornerstone of new hospital laid, visits residential complex in Das Island

The Island, located 160km Northwest of Abu Dhabi, is a critical part of the UAE’s infrastructure and central to Adnoc’s ambitious gas growth plans …

Posted on 09/07/2023

Dubai completes distribution of 3,200 residential plots to citizens

Dubai government allocated 11,500 land plots to citizens and granted housing loans worth 7 billion dirhams to 7,000 beneficiaries …

Posted on 09/07/2023

Service tax not payable as mere use of word commission doesn’t mean seller has paid commission

CESTAT Delhi held that mere use of the word “commission” in the clause dealing with terms of payment would not mean that “commission” was paid by the seller. The goods were sold on principal to …

Posted on 09/07/2023

De Minimis test: A criteria for free zone businesses to pay 0% corporate tax in the UAE

The non-qualifying income (NQI) of a qualified free zone person (QFZP), if not exceeded the de minimis requirement, will be treated like a qualified income..

Posted on 09/07/2023

Dubai offers more than 40 million chocolates annually

According to Dubai’s Emirates, over 40 million bars of chocolate are served annually.

Before World Chocolate Day which was on July 7, th …

Posted on 09/07/2023

Dubai International Chamber’s board of directors gets three new members

Omar Channawi, Yasser Abdul Malak, Khalil Yassine will boost Dubai’s business hub image Dubai International Chamber’s three-year strategy (2022-2024) is aimed at strengthening the emirate’s position …

Posted on 09/07/2023

Dry Fruits, Spices, Apparel, Toys: Dubai’s Wooden Dhows Still Key To Meeting The Needs Of Residents

Wooden dhows have played a critical role in Dubai’s trade for centuries. And they still make a decent contribution to imports and exports of goods to and from the neighbouring and regional countries.

Posted on 09/07/2023

Revier Dubai brings Hatem Salem into leadership team

Salem is he new executive assistant manager in charge of sales & marketing. Revier Dubai brings Hatem Salem into leadership team. . People.

Posted on 08/07/2023

UAE restaurants mandated to offer shade and water to delivery riders amid rising temperatures

The new guidelines aim to ensure delivery riders’ safety, welfare, and work quality.. UAE restaurants mandated to offer shade and water to delivery riders amid rising temperatures. delivery riders, …

Posted on 08/07/2023

Customs clears air over holding up of scrap metal containers

Ludhiana: The ongoing counter claims between different business associations regarding holding up of hundreds of containers with scrap metal from Duba.

Posted on 08/07/2023

Dubai Summer Surprises: Shop This Weekend And Skip The Vat At More Than 100 Outlets

As part of the Dubai Summer Surprises (DSS), shoppers can enjoy a VAT-free weekend until July 9 at more than 100 major stores across the city. The VAT-free weekend, started on Friday, will continue …

Posted on 07/07/2023

Pickup truck stops in the middle of the road, causes major accident in Abu Dhabi

The video showed a negligent pickup truck driver suddenly stopped in the middle of the road after a part from his truck comes off during rush hour.

Posted on 07/07/2023

UAE corporate tax: Experts urge companies urged to upgrade systems

More than 300 businessmen, professionals and other stakeholders took part in tax awareness event held at India Club in Dubai …

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