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Posted on 09/02/2024

UAE Corporate Tax: Businesses need to maintain strict tabs on entertainment expenses

UAE’s VAT laws have similar restrictions on recovering input credit on entertainment services, which includes food and drinks not provided in the normal course of a meeting. The Federal Tax …

Posted on 09/02/2024

More UAE free zones will require Wage Protection System for companies – DMCC, JAFZA already do

It was in 2023 that the Dubai free zone made it known that WPS was a must. Image Credit: Supplied Dubai: More free zones in the country are moving to implement the UAE Wage Protection System (WPS …

Posted on 09/02/2024

More Indian asset managers shift overseas business to GIFT City

Several Indian asset managers said they are moving, or planning to move, some offshore fund business from financial centres such as Dubai and Singapore to a finance hub in the western state of Gujarat …

Posted on 09/02/2024

Dubai businesses rush to lock in orders, delivery times as Red Sea shipping turmoil continues

Dubai PMI for January The headline PMI (Purchasing Managers … and indicates a ‘sharp improvement in operating conditions’, says S&P Global. The PMI score is built on business spending patterns, …

Posted on 09/02/2024

UAE banks set for another year of strong profitability, S&P says

Banks in the UAE are well placed to continue posting strong earnings this year, capitalising on an improving macroeconomic environment and consistently high interest-rate regime supporting their …

Posted on 09/02/2024

Program and Speakers Revealed for Sharjah Art Foundation’s March Meeting 2024

Sharjah Art Foundation has revealed program details for the 2024 edition of its annual convening, March Meeting. Learn about the speakers, and see how to take part.

Posted on 09/02/2024

Dubai’s non-oil businesses expanded in January, but at a slower pace due to Red Sea concerns

Business activity in Dubai’s non-oil private sector economy continued to expand in January, albeit at a slower pace, and outlook on future dimmed somewhat amid increased concerns of competition and …

Posted on 09/02/2024

EarthDaily Analytics’ SaaS EarthPipeline Rapidly Produces First Light Image with Nara Space’s Observer Satellite

EDA’s AI-driven EarthPipeline, the world’s first SaaS ground segment, accelerates Nara Space’s go-to-market by facilitating the production of an orthorectified first light image from their Observer-1A …

Posted on 09/02/2024

UAE: Salik shareholders reap benefits, share concerns

Dean Fernandes was one of the first people to sign up for the initial public offering (IPO) of Dubai’s road toll-operator Salik when it was announced in 20..

Posted on 09/02/2024

The best family hotels in Dubai for a fuss-free holiday

Dubai is designed to keep children enthralled. Its family-friendly hotels feature mini check-in desks, crèches and kids’ clubs, dedicated children’s menus and restaurants without curfews for …

Posted on 09/02/2024

Darkocean Announces Strategic Leadership Appointment In UAE

Dr. Surya Kumar – An industry expert in Marine Geophysics Darkocean Ushers in New Era of Innovation in the UAE with Appointment …

Posted on 09/02/2024

U.S. imposes new sanctions on Russia targeting oil and diamonds imports

The United States of America today, February 8, imposed new sanctions against Russia. They include import restrictions on diamonds, according to the U.S. Department of the Treasury. “Today, the U.S.

Posted on 09/02/2024

5 sustain minor injuries after schoolbus swerves in Sharjah

No serious injuries were reported as a result of the accident. The injured were taken to the hospital for the necessary medical treatment.

Posted on 09/02/2024

Government communications boss set to work for UAE ‘rolled out red carpet’ for Abu Dhabi delegation

The Government’s executive director of communications who is to join the UAE foreign ministry hosted a 20-person official delegation from Abu Dhabi last May.

Posted on 09/02/2024

Coinbase Says Blockchain Technology Could Save Americans $74 Billion In Credit Card Fees

The use of blockchain technology could save American consumers tens of billions of dollars on their credit card transactions, Coinbase said.

Posted on 09/02/2024

‘If I returned to Dubai tomorrow, I wouldn’t think twice about booking my stay here’

A beachside hotel ticking all the boxes — atmosphere, staff, aesthetics, and views — Megan Virgo takes us through her stay in …

Posted on 09/02/2024

Dubai Hotels Cash In On Rich Tourists With Permanent Residences

Dubai stands as one of Marriott’s largest markets for residences, an upmarket segment of real estate that has boomed over the last decade.

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