The “ALainSat-1” satellite aims to conduct radiation measurements and analyse vegetation cover, providing accurate scientific data that supports research across various fields and bolsters the univers …
UAE corporate tax: Why businesses must have an efficient documentation system
As an accountant, I have always found the legal profession to be quite intriguing. Legal professionals possess brilliant analytical minds, are deeply educated, and have accumulated many years of …
International Astronomical Centre in Abu Dhabi discovers asteroid
ABU DHABI, 19th August, 2024 (WAM) — The International Astronomical Centre in Abu Dhabi has announced the discovery of a new asteroid within the asteroid belt of our solar system by one of its team …
Largest food hall in the Middle East open in Dubai Festival City
Al-Futtaim Real Estate’s 70,000-square-foot Market Island has been developed in collaboration with Russian developer Zemskiy Group, marking its Dubai debut. Largest food hall in the Middle East open …
Dubai Court Approves Cryptocurrency for Salary Payments with Defined Terms
A recent ruling from the Dubai Court of First Instance has established that salaries in the United Arab Emirates (UAE) may be paid in cryptocurrency, provided the terms are explicitly outlined in the …
UAE to Impose Fines of Up to Dh1 Million for Hiring Tourists
The UAE government has significantly increased fines for employers hiring workers on visit visas, as part of new amendments to the labor law. Legal experts emphasize that these changes are aimed at …
‘Low air fares for expats’: UAE travel group to launch Indian airline, expand to Middle East
An Indian business group with a presence in the UAE will launch an airline that they claim will provide economical air tickets for residents. The Alhind group, which has been operating in the travel …
UAE: Domestic workers and employers can resolve disputes faster under new law
“Now, Mohre can immediately resolve domestic worker disputes if the claim’s total amount does not exceed Dh50,000 or if the dispute involves non-compliance with a prior decision issued by the ministry …
UAE will grant two-month grace period for expired residence visas
The United Arab Emirates has announced that anyone violating the UAE residence system will be given a two-month grace period. Starting from September 1, if you are found in violation of the residency …
ED investigates Indian links of foreign gambling apps, suspects over Rs 1 lakh cr bets
The Mahadev scam, revealing extensive illegal online betting networks, is far from resolved despite some progress. The Enforcement Directorate (ED) is now investigating over two dozen offshore gaming …
UAE Astronomer Discovers New Asteroid Celestial Rock Yet To Be Formally Named
Following this discovery, an initial discovery certificate was issued to Odeh. The asteroid, temporarily named ‘2022 UY56’, will remain under this name for several years until extensive observations …
UAE e-commerce giants sign online safety pledge amid $9.2bn sales push
The Compliance Pledge aims to support the growth and development of the country’s e-commerce sector. According to analysis by the Dubai Chamber of Commerce based on data from Euromonitor, e-commerce …
Dubai: 386 New Jobs Created By Firms In DWTCA Free Zone
(MENAFN- Khaleej Times) Companies at the Dubai World Trade Centre Authority (DWTCA) Free Zone created 386 new jobs in the first half of this year, taking the total to 8,223, an increase of 5 per cent.
How Skillmount’s VAT And Corporate Tax Course Is Shaping The Future Of UAE’s Workforce
Then, in 2023, corporate tax was also implemented. This sparked a frenzy of new nance jobs, drawing eager job-seekers from around the world hoping to strike gold. However, the reality didn’t quite …
Finalists for 2024 Ecobank Fintech Challenge announced
The 12 finalists in the 2024 Ecobank Fintech Challenge have been whittled down from an initial 1 550 applications – and 40 other fintech semifinalists – to compete for the top prize of $50 000. “The …
Tron Network (TRX) gains traction as Kraken executes $955M worth of USDT transaction
Blockchain analytics platform Lookonchain has reported large-scale USDT transfers from the Tether Treasury to Kraken, facilitated through the Tron blockchain.
Dubai court recognizes crypto as valid salary payment: Law Decoded
On Aug. 16, the Dubai Court of First Instance recognized crypto as a valid salary payment option. Irina Heaver, a partner at United Arab Emirates law firm NeosLegal, explained that the ruling in case …