The United Arab Emirates said on Monday it will impose a domestic minimum top-up tax (DMTT) of 15% on large multinational companies operating in the country starting on or after Jan. 1, 2025 as it …
Trump’s crypto bond with the UAE
When the UAE first got into crypto, it was not aiming at Trump, who called crypto “a scam” as late as 2021. Rather, the UAE promoted crypto with regulatory frameworks and financial free zones as part …
Struggling with Dubai visa approval? Here’s why Indian tourists are facing rejection amid ongoing shopping festival
Indian passport holders are facing increased visa rejections for Dubai trips due to new stringent requirements. Even well-prepared applications are facing rejection, leading to financial losses.
Charles Hoskinson says he wants to bring Ripple’s RLUSD to Cardano
Charles Hoskinson, the founder of Cardano and one of the most talked-about figures in crypto, says he’s ready to bring Ripple’s RLUSD stablecoin into his …
Cardano Foundation Partners Dubai-Based SEE Institute to Introduce Diploma in Sustainable Blockchain
The SEE Institute is part of the Fortune 500 group that focuses on sustainable education, research, and business incubation. The Cardano Foundation, on the other hand, is a not-for-profit organisation …
More UAE residents remitting using Bitcoin, other cryptocurrency
More people in the UAE are choosing to send money home using Bitcoin and stablecoins. Although the adoption percentage is low as compared to traditional remittance methods, it is expected to rise in …
Binance Still to Choose Location for Global Headquarters, CEO Teng Says
Binance, the world largest cryptocurrency exchange, has long said a decision on a global HQ would come soon. Revealing the location of a head office is seen as part of its push to improve transparency …
IndyCar Driver Pato O’Ward in Abu Dhabi for Formula 1 Test with McLaren
Elsewhere in the Abu Dhabi rookies test, American Formula 2 driver Jak Crawford will drive for Aston Martin, Le Mans winner Ryo Hirakawa will link up with Haas—the first example of a Toyota-backed …
Adriana Lima Brightens Up in Summer Dress, Brad Pitt in Racing Costume and More Celebrity Looks at the 2024 Abu Dhabi Grand Prix Formula 1 Finale
Celebrity guests descended on Abu Dhabi for the 2024 Abu Dhabi Grand Prix, attending events from Thursday to Sunday to celebrate the closing race of the 2024 Formula 1 season. The list includes Brad …
Abu Dhabi seeks private sector partnership to fund infrastructure projects worth $123 billion
Abu Dhabi will need private sector investment to develop Dh450 billion ($122.52 billion) worth of infrastructure projects in the next five to 10 years, a government official from the emirate said on …
Mary J. Blige, The Harveys, And More Visit The UAE For The Abu Dhabi Grand Prix
One year after they began dating, Amy Robach and T.J. Holmes’ ex-spouses Andrew Shue and Marilee Fiebig marked a milestone in their relationship. While Taylor Swift marked the end of an era with her …
Abu Dhabi Finance Week 2024 Opens with Top Financial Leaders in the ‘Capital of Capital’
ABU DHABI, UAE, Dec. 10, 2024 /PRNewswire/ — Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Executive Council, …
UAE to impose 15% minimum top-up tax on multinationals from January
The UAE will impose a minimum top-up tax of 15% on large multinational companies operating in the country starting in January, the finance ministry said …
UAE issues lottery warning; 3 games approved ahead of $27m prize draw
The UAE has issued a warning over unlicensed lotteries in the country and approved a list of three games that may continue. It comes ahead of the new UAE Lottery hosting its first prize draw on …
Navigating Dubai’s Business Environment Through Consulting
Dubai’s business environment is known for its dynamism, innovation, and global appeal. However, succeeding in such a competitive and rapidly evolving market requires more than just ambition—it demands …
Dubai to host IBBC conference about opportunities in Iraq this week
Dubai will host the next edition of Iraq Britain Business Council’s (IBBC) Autumn Conference “Growing Opportunities” on December …
UAE set to roll out 15% tax for global corporate giants
The UAE will impose a minimum top-up tax of 15 per cent on large multinational companies operating in the country from next month …