The highest court in Dubai mandated on Tuesday that a British hedge fund trader who had been found guilty of conspiring to commit a $1.7 billion tax fraud pay the entire amount to Denmark’s tax office …
Corporate Tax: At Dh1m, UAE ensures sizeable upper limit for individuals in business unlike VAT’s Dh375,000
In comparison, VAT ceiling for individuals doing business is Dh375,000 in annual revenue Individuals operating a business in the UAE will get into the corporate tax bracket only when their annual …
How Canadian walrus Smooshi ended up in Abu Dhabi
They were describing the unique bond between a Canadian man and a walrus named Smooshi. Phil Demers met Smooshi in 2004, when she first arrived in Canada from Russia as an 18-month-old calf. She was …
Dubai court obligates Sanjay Shah and partners to return Dhs4.6b to Danish authority
The defendant submitted false documents showing that he and his partners owned shares in 126 Danish companies and demanded a refund of the taxes that he should not have paid between 2012 and 2015.
Indian Companies Shine at Paper Arabia 2023 in Dubai with Promising Business Prospects
indicating promising business prospects for Indian companies in Dubai. The India Pavilion at Paper Arabia 2023 was inaugurated on May 16, 2023, featuring 30 Indian companies showcasing paper, paper …
UAE has the most advanced F-16 fighter jets in the world, says Lockheed Martin CEO
John Nicholson told WAM, that the company’s Innovation and Security Solutions Center in Abu Dhabi has attracted since 2017 more than 110 Emirati trainees working to explore the future of innovative …
Flamingo Room by tashas is opening soon in Abu Dhabi
With design touches inspired by the charismatic wilderness of Africa… As we know from the popular Al Bateen location, the chain of ‘Gram-candy tashas cafes feature a double act of catwalk-ready plates …
Dubai Civil Aviation Authority seeks to accelerate digitalisation of aviation operations
The Dubai Civil Aviation Authority has signed memoranda of understanding (MoUs) with Dubai Aviation City Corporation and the Dubai Integrated Economic Zones Authority to foster enhanced cooperation …
Al Hussaini heads the UAE delegation participating in the GCC Financial and Economic Cooperation Committee meeting
The meeting reviewed developments regarding the completion of the Customs Union requirements and the GCC Common Market tracks, as well as the updates on signing the agreement to link the payment syste …
Chemo robot, AI treatments: New oncology centre in Abu Dhabi transforms cancer care
A new state-of-the-art oncology centre, with cutting-edge technologies like chemo robot, adaptive radiotherapy using AI and machine learning, is transformi..
Dubai-based oil services company to build new technology hub in Abu Dhabi
TGT Diagnostics has signed an agreement to build a new technology hub in Abu Dhabi and said it will make a “significant investment” for a new state-of-the-art facility under an agreement with Khalifa …
UAE announces major tax rule update for residents
UAE Ministry of Finance issues cabinet decision on who needs to pay Corporate Tax in the country UAE announces major tax rule update for residents Corporate tax, Corporate tax UAE, UAE, UAE Corporate …
Dubai wins bid to host major international event in 2026
Dubai has won the bid to host the International Trademark Association (Inta) Annual Meeting in 2026, it was announced on …
Dubai Civil Aviation Authority Signs MOU with Dubai Aviation City Corporation and Dubai Integrated Economic Zones to Accelerate Digitalization of Aviation Operations
In the presence of H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, and Chairman and Chief Executive of Emirates Airline and Group, two significant agreements have …
Dubai Maritime Authority: Up to 12% growth rate of companies operating in the maritime sector in Dubai
Adel Kalantar: Practical solutions to address the challenges related to shipping and supply chains …
MoF announces issuance of UAE Cabinet Decision on treatment of natural persons undertaking a business or business activity
Abu Dhabi, UAE – The Ministry of Finance announced the issuance of UAE Cabinet Decision No. (49) of 2023 on the treatment of resident and non-resident individuals undertaking a business or business …
Bryan Adams to return to Dubai in November
Adams is no stranger to the city, having performed here several times, including at the World Trade Centre in 2010 and the Arena at Dubai Outlet Mall in 2017. “We couldn’t be more excited to welcome …