Dubai is well-positioned to take advantage of the solid growth in global air travel and the emirate’s aviation sector is expected to continue to fuel its economic expansion over the coming years, a …
Those whose annual turnover exceeds Dhs1 million must register for corporate tax by end-2024
The guide clarifies that a natural person must register for corporate tax purposes and obtain a Tax Registration Number if his total turnover exceeds Dhs1 million within a Gregorian calendar year as …
UAE Tech Startup Funding Plunges 65% in 2023
Funding for tech firms in the UAE shed by 65 percent this year, Arabian Business reported, citing an analysis by the market intelligence platform Tracxn.[1] Read More: Abu Dhabi’s Khalifa Fund Unveils …
Hamriyah and Deira ports report AED 12.133b in customs declaration value for the Q3 of 2023
Dubai Customs plays a crucial role as the frontline defense for community security, consistently advancing its customs centers to safeguard and facilita …
Audi Abu Dhabi Marks four decades of Audi Sport with the Exclusive RSQ8 40 Year Edition
Audi Abu Dhabi proudly presents the exclusive Audi RSQ8 40 years edition in its Abu Dhabi and Al Ain showrooms. In celebration of four decades of Audi S …
UAE: New Guide Issued Determining Who Is Subject To Corporate Tax
The FTA urged all concerned natural persons (individuals) realising income in the UAE, or conducting business – wholly or partly – in the UAE, to refer to the new guide, to familiarise themselves with …
RRU set to expand presence to J&K, Dubai
Explaining the significance of an offshore centre instead of establishing a campus, Patel added, “The idea would be to collaborate with local universities, organisations and law enforcement agencies.
Abu Dhabi Police bans workers’ buses on Sheikh Zayed Bin Sultan street
Abu Dhabi Police, in collaboration with the Integrated Transport Centre, has announced that workers’ buses with a capacity of 26 or more passengers are banned on Sheikh Zayed Bin Sultan Street, …
Ministry hosts final forum on UAE’s Economic Policy Alignment Project
Bin Touq said: “The UAE, under the guidance of its wise leadership … the creation of a competitive and sustainable business environment and the promotion of opportunities for entrepreneurs and …
Hamriyah and Deira ports report AED 12.133bln in customs declaration value for the Q3 of 2023
Subsequently, visits to Khor Customs Center and Deira Port highlighted achievements, including a notable seizure called the “Wheelhouse,” which successfully prevented an attempt to smuggle 243 …
Hamriyah and Deira ports report $3.3bln in customs declaration value for Q3 2023
Hamriyah and Deira ports have reported 62,454 customs declarations, totalling AED 12.133 billion, with 19 seizures recorded over the first nine months of this year. Ahmed Mahboob Musabih, Director …
UAE issues guide to determine corporate tax liability for individuals
The UAE’s Federal Tax Authority has issued a guide for natural persons (individuals) who generate income in the country or do business, to help them determine whether they are subject to corporate tax …
Federal Tax Authority issues guide outlining criteria to determine natural persons subject to Corporate Tax and their compliance requirements
The Federal Tax Authority (FTA) has issued a new guide outlining the criteria to determine natural persons subject to the Corporate Tax Law, that came i …
Rupee payments for crude oil imports hit roadblock
India’s push to use rupee for crude oil imports has failed due to repatriation & transactional costs concerns, the oil ministry told Parliament.
From UAE’s new ‘second salary’ to Titan sub tragedy: Top 10 stories that grabbed your attention in 2023
Let’s revisit some of the headlines that shook communities; tales that broke our hearts; and snippets of life that made you go ‘this can’t be real’ …
Surging prices, first-time buyers: 11 trends shaping Dubai’s property market
2. The surge in first-time buyers: As Dubai rents continue to grow at record levels amidst high levels of demand, there is an increase in first-time buyers entering the market at entry level with …
Discover Canteen X: Dubai’s hottest new dining pop up this DSF
Looking for an amazing blend of delicious flavours, exciting entertainment, and incredible vibes? Look no further than Canteen X.