Tax losses from one UAE group company may be used to offset taxable income of another UAE group company where there is 75 per cent or more common ownership and certain other conditions are met. No tax …
Tagged: sarwa
Sarwa reportedly offers options trading to their customers, becoming one of the “first” fintech platforms in the Middle East to do so. Sarwa and Alpaca’s partnership has grown since 2021 …
Finanshels Partners with Founder Institute to Supercharge Startup Success in the UAE
Finanshels partners with the Founder Institute to support UAE startups by providing financial literacy, resources, and tailored mentorship. Together, they aim to drive startup success with tools to …
Aristocrat Secures UAE’s First Gaming-Related Vendor License
Recently, the UAE handed out a Gaming-Related Vendor License to Aristocrat Leisure. This made the Australian company the first authorized international company to operate in the Emirate’s nascent …
Russian stores lock butter, imports from UAE, Türkiye increase
Russia’s Federal Service for Veterinary and Phytosanitary Supervision (Rosselkhoznadzor) announced that butter shipments from the UAE started on Oct. 18, marking the first time Russia has imported …
DP World Tour Play-Offs explained as Shane Lowry and Rory McIlroy return to action at HSBC Championship in Abu Dhabi
The top 70 on the Race to Dubai Rankings qualified for the Abu Dhabi HSBC Championship. But only top 50 will qualify for the season finale at the DP World Tour Championship in Dubai after this week’s event is concluded. There are an elevated 9,000 Race …
Abu Dhabi T10’s Eight Season Set To Kick-Off On November 21
The Abu Dhabi T10 is back for its electrifying eighth season, kicking off on November 21 with an exhilarating showdown between Team Abu Dhabi and the Ajman Bolts
Bollywood Actress Huma Qureshi is Coming Sharjah Book Fair
Bollywood actress Huma Qureshi is coming to the 43rd Sharjah International Book Fair.Read More: Pakistani Star Hamza Ali Abbasi to Attend Sharjah Book Fair She will be a guest speaker at the book fair …
Fintech Banking Doomed To Disappear, But Customers Will Benefit
The traditional banks and credit unions are still the main options, and an entire industry of non-bank financial technology (fintech) providers has arisen. The heyday of fintech has likely come to …
MENA start-ups secure $1.3 billion despite investment decline
According to new research by Magnitt, funding activity has remained “relatively … The region also saw a 34% year-on-year rise in “unique investors.” Fintech was the leading sector for fresh capital, …
Y Combinator-backed fintech CapWay has shut down
CapWay, a Y Combinator-backed fintech that sought to bring financial services to those in so-called banking deserts, has been shut down, according to its founder Sheena Allen. Allen wrote about …
Sol.online says AI revolutionises accounting in UAE and GCC
The company’s tools are automating repetitive tasks, ensuring compliance, and providing real-time financial insights.
India-UAE Economic Partnership Agreement signed by Modi govt fraught with irregularities: Cong
The treaty has a loophole that stipulates that any alloy with more than 2 per cent platinum by weight will incur import duty on platinum alloy, says Jairam Ramesh.
The UAE opens its annual oil-and-gas summit as industry weathers Mideast wars and awaits US election
ABU DHABI, United Arab Emirates — The United Arab Emirates opened its annual oil-and-gas summit on Monday as it plans to increase the country’s energy output as global prices stay volatile and world …
Abu Dhabi T10 2024: Full Schedule, Start Date, Venues, Teams, Star Players & More
The Abu Dhabi T10 is back for its electrifying eighth season, kicking off on November 21 with an exhilarating showdown between Team Abu Dhabi and the Ajman Bolts. The full schedule of 40 action-packed games has been unveiled,
Second batch of cows for Mleiha Dairy Farm arrives in Sharjah, totalling 1,300
Fulfilling the directives of His Highness Dr Sheikh Sultan Bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to increase the nucleus herd of cows at Mleiha Dairy Farm to 8,000 by …
Dubai Municipality adopts new business model in partnership with the private sector for managing shared government centres
Dubai Municipality has announced the adoption of a new business model in partnership with the private sector for managing its shared government centres. This initiative is part of ongoing government …