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Posted on 23/06/2024

Federal Tax Authority urges Resident Juridical Persons with Licences issued in March and April to promptly register for Corporate Tax no later than 30 June 2024

As part of the Federal Tax Authority’s (FTA) continuous efforts to encourage Taxable Persons subject to Corporate Tax to comply with FTA Decision No. 3 of 2024 on the Timelines Specified for …

Posted on 23/06/2024

Louis Vuitton litigation data; Temu interview exclusive; Dubai Customs recycling; and much more

Everything we covered on WTR over the past seven days, and all you need to know from the world of trademarks to set yourself up for the start of another busy week.

Posted on 23/06/2024

Tirmizi commends ICAP UAE Chapter’s role

The UAE Chapter of the Institute of Chartered Accountants of Pakistan (ICAP) recently hosted its annual Family Gala in Dubai.

Posted on 23/06/2024

Avoid these 22 traffic violations in UAE that leads to vehicle impoundment, fine and black points

The Ministry of Interior and police departments in the UAE have explained out the types of traffic offences that result in vehicle impoundment as a deterrent for those who break the rules. There are …

Posted on 23/06/2024

UAE financial markets thrive with three new IPOs

The financial markets in the United Arab Emirates (UAE) recently experienced a significant boost with the introduction of three initial public offeri …

Posted on 23/06/2024

Everything You Need to Know About UAE’s Golden Visa

The UAE’s Golden Visa, introduced in 2019, is a long-term residence visa that enables foreigners to live, work, or study in the Gulf country without a sponsor.In this comprehensive guide, we give you …

Posted on 23/06/2024

Fintech needs to grow up, and quick, to survive

The fintech startup funding ecosystem has changed significantly over the past 24 months, creating an entirely new rulebook for companies chasing investor capital. Plans to scale at all costs will …

Posted on 23/06/2024

Nearly 50ºC in UAE: Hailstorm, heavy rains hit some parts of the country

The UAE weather continues to surprise residents, with hail pelting heavily in June, even as the was recorded at 49.9°C on June 21, in Mezaira, Al Dhafra region. Heavy rains lashed Khatm Al Shiklah in …

Posted on 23/06/2024

UAE: Dubai flight from Manchester delayed due to power outage at UK airport

Power has been restored but the outage affected important systems, including the processing of boarding cards and baggage screening

Posted on 23/06/2024

Over 5000 Dubai residents gather for International Yoga Day

As many as 5,000 residents from over 50 nationalities attended yoga sessions marking World Yoga Day at Sheikh Rashid Hall at the World Trade Centre in D

Posted on 23/06/2024

Hamdan bin Mohammed approves next phase of ‘Dubai Future Solutions’ initiative

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai, and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), …

Posted on 23/06/2024

Dubai: Smart traffic system to cover 100% of the main road network by 2026

RTA manages traffic in the emirate through the Dubai Intelligent Traffic Systems (ITS) Center at Al Barsha, one of the largest and most sophisticated traffic control centres globally. The centre …

Posted on 23/06/2024

Sheikh Hamdan approves next phase of Dubai Future Solutions

Sheikh Latifa to lead the initiative supporting innovative ‘prototypes for humanity’ The ‘Dubai Future Solutions – Prototypes for Humanity’ initiative, approved by Sheikh Hamdan bin Mohammed bin …

Posted on 23/06/2024

Abu Dhabi’s Masdar seeks European acquisitions

State-backed green energy group to ‘pump more capital’ into region after buying Greece’s biggest renewables company …

Posted on 23/06/2024

5 mind-bending buildings from Las Vegas to Dubai that never broke ground — and what stands in their place instead

A new skyscraper for Wall Street, a museum in the Kenyan wilderness, and Dubai’s first opera house are among the lost treasures of architecture.

Posted on 23/06/2024

UAE’s ascent as a global financial hub: Attracting millionaire investors with ease of business, low taxes, and tech-savvy investment trends

The UAE’s growing role as a global financial center will only be boosted by its ability to keep attracting the world’s wealthiest millionaire investors, as seen in the Henley Private Wealth Migration …

Posted on 23/06/2024

UAE businesses: Register for Corporate Tax by June 30 to avoid Dh10,000 penalty

Those recognised under foreign legislation but controlled and managed in the UAE must register within three months of their financial year-end. The FTA highlights that Corporate Tax registration is …

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