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Tag: business

Posted on 28/06/2025

GIC Re’s Dubai Branch Faces Rs 90 Cr VAT Demand

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 …

Posted on 28/06/2025

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 …

Posted on 28/06/2025

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 …

Posted on 28/06/2025

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 …

Posted on 28/06/2025

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 …

Posted on 28/06/2025

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 …

Posted on 28/06/2025

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 …

Posted on 28/06/2025

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 …

Posted on 28/06/2025

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, …

Posted on 27/06/2025

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 …

Posted on 27/06/2025

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.

Posted on 27/06/2025

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 …

Posted on 27/06/2025

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 …

Posted on 27/06/2025

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 …

Posted on 27/06/2025

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 …

Posted on 27/06/2025

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, …

Posted on 27/06/2025

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 …

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