A recent legislation has been enacted about the taxation of foreign banks in operation in Dubai. The law applies to all foreign banks within the emirate, encompassing special development zones and …
Dubai: Sheikh Mohammed announces new 20% annual tax on foreign banks
A new law has been issued regarding the tax on foreign banks operating in Dubai. The provisions of the law apply to all foreign banks operating in the emirate, including special development zones and …
Abu Dhabi taps banks for Etihad Airways IPO, Bloomberg News reports
Abu Dhabi wealth fund ADQ has chosen advisers including HSBC Holdings, Citigroup and First Abu Dhabi Bank for a potential initial public offering of Etihad Airways, Bloomberg News reported on Thursday …
UAE: Sustainable City launches new IMMERSEE destination
In addition to digital art shows, the 500-square-meter space will feature programmes that extend beyond visual spectacle …
UK minister to visit UAE to deepen ties with space industry
The UK minister of science, research and innovation will visit the UAE in the near future to strengthen the ties between the two countries’ space industries.Speaking to The National at the Space Comm …
Real-life superheroes? Pilots take to the skies of Dubai in jet suits
Pilots flew through the skies in jet suits in Dubai, United Arab Emirates, last week as part of a flying competition held by jet suit company Gravity.
Abu Dhabi Said to Tap Citi, HSBC and FAB for Etihad Airways IPO
ADQ has picked advisers including Citigroup Inc., HSBC Holdings Plc and First Abu Dhabi Bank for a potential initial public offering of hub carrier Etihad Airways PJSC, according to people familiar …
UAE: Schengen, UK visa slots fill up as residents begin summer vacation planning months in advance
Many UAE residents have already begun planning their summer holidays, four months in advance. That is according to officials at passport and visa outsource company VFS Global. “For summer travel to UK …
UAE, Switzerland to strengthen trade and investment relations
Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, headed a high-level UAE delegation to Bern and Basel, Switzerland, where he met senior government officials and private-sector …
UAE is fourth largest exporter of white sugar in the world
The UAE occupies the fourth position in the world for exporting white sugar and the local market has witnessed a 5 per cent growth in 2023, said Jamal Al Ghurair, Managing Director of Al Khaleej Sugar …
Sunreef Yachts Opens Massive Yacht Production Facility In The UAE
I’ve had a soft spot in my heart for Sunreef Yachts since I first visited the shipyard in Gdansk, Poland where a hard-working entrepreneur named Francis Lapp was …
Biometric border control gates speed air passenger processing in UAE and Indonesia
Airports in Indonesia and the Emirates are reporting faster border checks through face biometrics. Boarding passes are on the way out at Miami International.
Sheikha Fatima congratulates women of UAE, entire world on International Women’s Day
HH Sheikha Fatima bint Mubarak the Mother of the Nation Chairwoman of the General Women Union GWU President of the Supreme Council for Mother …
Terminus Group Inaugurates International Headquarters in UAE
During the ceremony, Terminus International Headquarters reached strategic partnerships with ecological cooperators from the capital, technological, and energy fields. Based on AIoT technology, the …
MBRIF joins Hope Ventures’ Beban TV show to empower UAE’s entrepreneurs
Mohammed bin Rashid Innovation Fund Partners with Hope Ventures to Facilitate Investment Opportunities for UAE-based …
Robert Jenrick joins opposition to UAE’s Telegraph takeover
More than 100 MPs have called for legislation to protect a ‘fundamental bulwark of democracy’ by preventing foreign powers from buying UK newspapers.
Dubai’s ruler issues law imposing 20% annual tax on foreign banks operating in emirate – media office
Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum on Thursday issued a law imposing an annual tax of 20% on foreign banks operating in the emirate, except those banks which are licensed to operate …