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Tag: fintech

Posted on 18/06/2025

SSSD approves licencing of 32 new social facilities in Sharjah

As part of its efforts to regulate the social sector and improve the quality of services provided, the Sharjah Social Services Department (SSSD), represented by the Social Work Licencing and …

Posted on 18/06/2025

Fintech Major Qi and U.S.-based K2 Integrity join forces to align Iraq’s financial sector with global standards

K2 Integrity will further use Qi’s UAE back office as an innovation incubator and sandbox for new Qi products and services …

Posted on 18/06/2025

OECD Pillar Two: What it means for multinational businesses in the UAE

Intercompany transactions — such as intellectual property fees, intra-group loans, and cost-sharing agreements — will get closer inspection …

Posted on 18/06/2025

Sharjah Islamic Forum to launch 25th scholarly session on June 21

Under the patronage of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, the Sharjah Islamic Forum (SIF) announced the launch of its 25th annual …

Posted on 18/06/2025

UAE breaks into global top 5 in 2025 IMD Competitiveness Ranking

The UAE’s ranking has risen from 28th globally in 2009 to being among the top five globally in competitiveness in 2025 …

Posted on 18/06/2025

June 25 Gulf Business Breakfast: full speaker line-up announced

We’ve assembled a standout speaker lineup to tackle everything from residence-by-investment to the UAE IPO outlook for 2025 and beyond …

Posted on 18/06/2025

Fintech company Beehive causing a buzz in the SME world

RIYADH: Launched in November 2014, Beehive is a financial technology (fintech) company that created the Middle East and North Africa (MENA) region’s first peer-to-peer (P2P) lending platform to be …

Posted on 18/06/2025

UAE offers Corporate Tax fine waiver — but deadline looms

The Federal Tax Authority (FTA) is urging corporate taxpayers across the UAE to register for corporate tax and file returns within the legal deadline to avoid administrative penalties, under a limited …

Posted on 17/06/2025

UAE President directs authorities to exempt Iranian nationals from late departure fines

Under the directives of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, President of the UAE, the Federal Authority for Identity and Citizenship, Customs …

Posted on 17/06/2025

UAE ranked 5th in global competitiveness ranking; Cabinet reviews $1.4tn trade success

UAE ranks 5th globally in 2025 IMD World Competitiveness Ranking; Cabinet reviews trade achievements and approves13 international agreements …

Posted on 17/06/2025

Chennai ITAT ruling a relief for UAE firms: Design review fees not taxable in India without FTS clause or PE

The Chennai ITAT ruled that a UAE-based company’s design review income is not taxable in India due to the absence of an FTS clause in the India-UAE tax treaty and no Permanent Establishment (PE) in …

Posted on 17/06/2025

Mohammed bin Rashid: UAE is ranked 5th globally by 2025 IMD World Competitiveness Ranking

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has chaired a Cabinet meeting held at Qasr Al Watan in Abu Dhabi. The meeting was attended by …

Posted on 17/06/2025

UAE strengthens its position as a hub for advanced manufacturing

The Ministry of Investment hosted the signing of a landmark joint venture agreement to establish Tellus Power Mena, a new UAE-based electric vehicle …

Posted on 17/06/2025

UAE’s ADNOC upping US investments, says AI once-in-a generation investment opportunity

ADNOC chief Sultan al-Jaber said on Tuesday the United Arab Emirates state oil company was looking to grow its U.S. energy investments six-fold to $440 billion in the next 10 years.

Posted on 17/06/2025

Dubai shifts into global top tier for events impact

Dubai’s large-scale events are having a positive impact on the local economy, buoying a variety of sectors and propelling the emirate into the “global top tier” of cities with the most influential …

Posted on 17/06/2025

Dubai’s summer property boom defies seasonal slowdowns

The data shows a consistent three-year pattern of rising transactions in the summer season. Property sales during summer 2024 surged 37.7 per cent compared to the same period in 2023 …

Posted on 17/06/2025

940 participants attend Abu Dhabi Corporate Tax Awareness Workshop

Abu Dhabi: A new workshop hosted recently in Abu Dhabi by the Federal Tax Authority (FTA) saw the participation of around 940 business representatives and stakeholders, as the FTA continues to …

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