GIC Re’s Dubai branch received a Rs 90 crore VAT demand notice from the UAE’s FTA for discrepancies in returns from 2018-2020. The company is reviewing the notice and plans to file a reconsideration …
DGFT Tightens Precious Metal Import Rules To Plug Loopholes, Align With Budget 2025
Gold with 99.5 percent or higher purity is now restricted to imports through nominated agencies, qualified jewellers via the bullion exchange, or India-UAE Tariff Rate Quota holders. Gold dore imports …
Grounded flights and soccer’s top earner: This week’s business headlines from the Middle East
UAE AI Minister Omar Al Olama discusses investing in infrastructure to be part of the “trillions of dollars of impact” that he anticipates 5G will have, and utilizing AI for efficiency gains and to …
Crown prince of Dubai, Sheikh Hamdan, pays for all diners during surprise visit to Dubai restaurant
During a surprise visit to La Maison Ani in Dubai Mall, Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, paid the bill for all diners, winning hearts across social media. Joined by Sheikh Khaled of …
BOOK NOW: Dubai Mall’s Summer Camp Is BACK And It’s Where All The Cool Kids Are At!
Dubai Mall’s summer camp is packed with FUUNNNN! Kids get daily lunch (if selected), a certificate, and access to top attractions like Dubai Aquarium & Underwater Zoo, Dubai Ice Rink, KidZania, Play …
India To Tighten Remittance Rules, Bar Offshore Time Deposits, Sources Say
India’s central bank plans to tighten rules for overseas remittances by resident Indians, barring them from holding foreign currency dep …
Week in Review: Everything is coming up Dubai Chocolate
If you ask me, the big news of the week came courtesy of our esteemed food editor Pat Cobe, who noticed everybody releasing Dubai Chocolate menu items . We have Dubai Chocolate shakes, Dubai Chocolate …
Radiantbiz Releases Guide To Dubai Business Jurisdictions: Key Differences Simplified For Entrepreneurs
Dubai is renowned as a business hub, boasting a thriving business environment that supports a diverse range of industries. The UAE government continu …
Dubai Summer Surprises begins: Up to 75 per cent discounts; win 30 gold bars in raffles
Summer in Dubai just got more exciting for shopaholics, families looking for leisure activities and visitors seeking fun experiences. The 28th edition of Dubai Summer Surprises (DSS) kicked off today, …
Gold in Dubai Is Cheaper and Tax Free But Only If You Know These 7 Must-Follow Gold Buying Secrets
When buying gold in Dubai, always choose reputable sellers who are licensed by the government. Popular locations include Deira Gold Souk, Meena Bazaar, and high-end malls housing global brands. These …
John Fredriksen Leaves London for UAE: What to Know About the Billionaire Shipping Tycoon
John Fredriksen, one of the biggest British tycoons, announced he’s leaving the UK. Here’s what the billionaire explained.
Why UAE companies must understand the nuances of tax laws
This column focuses on different treatments of tax law. If you are in a certain industry, what is the correct timing when invoicing? What information is mandatory on supplier invoices? You can …
Pakistani-Origin Goods Smuggled via Dubai: DRI Seizes 39 Containers, One Arrested
The Directorate of Revenue Intelligence (DRI), the anti-smuggling arm of the Finance Ministry, seized 39 containers holding 1,115 metric tonnes of Pakistani-origin goods, valued at approximately Rs 9 …
Abu Dhabi: Dh500 fine for illegally stopping before Darb toll gates, blocking traffic
In a video shared by Abu Dhabi Police’s Directorate of Traffic and Security Patrols on Friday, several drivers were caught on camera stopping few minutes before crossing Darb toll gates …
Abu Dhabi Police warn against dangerous behaviours at Darb toll gate
Abu Dhabi Police’s Traffic and Patrols Directorate has urged motorists to avoid stopping on the shoulder of the road except in emergencies, especially …
Sharjah: Man helps extinguish fire with own crane, honoured for heroic act
An Asian resident of Sharjah has been awarded for his heroic act of assisting in extinguishing a vehicle fire. Brigadier Yousef Obaid Al Shamsi, Director General of Sharjah Civil Defence Authority, …
Sharjah Civil Defence honours Asian national for bravery
Brigadier Youssef Obaid Al Shamsi, Director General of the Sharjah Civil Defence Authority (SCDA), honoured an Asian national for his courageous and …