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Tag: tax

Posted on 25/09/2025

UAE: Dubai fines Dh152 million and deports 161 in one of the largest Residency Visa scams

Dubai’s Citizenship and Residency Court fined 161 individuals Dh152.24 million and ordered their deportation for illegally trading residency visas and shutting businesses without regularising employee …

Posted on 25/09/2025

Dubai joins world’s top 4 FinTech hubs in Global Financial Centres Index

Dubai has been ranked a top four global FinTech hub in the GFCI, with DIFC firms surpassing 1,500 and raising $4.2bn in investment …

Posted on 25/09/2025

Hamdan bin Mohammed attends graduation of second cohort of Dubai Family Business Management Programme

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, attended the graduation of the …

Posted on 25/09/2025

Dubai Duty Free wins Gulf Business ‘Retail Company of the Year’ Award for the sixth time

Dubai Duty Free has once again cemented its position as a leader in the retail sector by winning the prestigious ‘Retail Company of the Year’ award at the Gulf Business Awards held last night at The …

Posted on 25/09/2025

Second cohort of Dubai scholarship program sets course for global trade excellence

This is part of a strategic partnership aimed at developing a generation of skilled professionals in trade, logistics, and customs …

Posted on 25/09/2025

UAE: Sharjah’s biggest jewellery show opens with Guinness World Record 10kg gold dress worth AED 4.6m

Sharjah’s 56th Watch and Jewellery Middle East Show dazzles with over 500 exhibitors from 20+ countries. The highlight is Al Romaizan’s Guinness World Record-winning “Dubai Dress,” a 10.0812kg, …

Posted on 25/09/2025

Abu Dhabi Returns to Debt Market With Dollar Bond Sale

Abu Dhabi is selling dollar-denominated bonds, its first debt issuance in over a year. The oil-rich emirate, one of seven comprising the United Arab Emirates, plans a 3-year note maturing in 2028 and …

Posted on 25/09/2025

UAE, US explore ways to advance trade and investment relations

Dr Thani Bin Ahmed Al Zeyoudi, Minister of Foreign Trade, participated in a UAE-US Business Council roundtable meeting and a US Chamber of Commerce …

Posted on 25/09/2025

Abu Dhabi unveils $29bn housing projects for citizens

Abu Dhabi will develop 13 new communities, comprising more than 40,000 residential units and plots, for Emiratis, at a total cost of AED 106 billion ($29 billion). Under agreements signed between the …

Posted on 25/09/2025

Wyatt and Sharjah team lead the pack into next week’s Shanghai Grand Prix

Indications after the opening round of the UIM F1H2O World Championship on Lake Toba in Indonesia suggest that this year’s series is going to be one of …

Posted on 25/09/2025

Winners revealed at the Gulf Business Awards 2025

Among the evening’s most celebrated honourees was Gerald Lawless, executive and former CEO of Jumeirah Group, who received the Lifetime Achievement Award …

Posted on 25/09/2025

UAE, US non-oil trade tops $38bln; new opportunities emerge

The UAE-US bilateral non-oil trade reached $38 billion in 2024, reflecting 44.5% growth over the past five years, it was revealed at a major conference in New York.

Posted on 24/09/2025

ADIO announces first Amazon fulfillment centre in Abu Dhabi

The Abu Dhabi Investment Office (ADIO) has announced that Amazon has opened its first fulfillment centre in Abu Dhabi. The new facility, located in Khalifa Economic Zones Abu Dhabi (KEZAD), reportedly …

Posted on 24/09/2025

Baidu’s Apollo Go Gets Dubai’s First Autonomous Driving Trial Permit

Baidu said its autonomous ride-hailing platform Apollo Go received Dubai’s first autonomous driving trial permit as well as the city’s first 50 autonomous driving test licenses. Dubai gave Apollo Go …

Posted on 24/09/2025

‘The Philosophy of Trade in Dubai’ session explores leadership vision transforming Dubai into global business hub

A main plenary session, titled “The Philosophy of Trade in Dubai”, offered in-depth insights on the economic vision that transformed Dubai into a global hub for trade, business, and finance.The …

Posted on 24/09/2025

Equiti Signs as Founding Partner of Dubai Basketball Ahead of EuroLeague Debut

Equiti, a globally recognised fintech brand headquartered in Dubai, has partnered with Dubai’s first-ever home sports franchise, …

Posted on 24/09/2025

13 arrested after Sharjah Police bust ‘fake rent’ cyber-fraud network

The group allegedly tricked victims through online property listings, coordinated meetings, and fraudulent contracts before stealing money and transferring it abroad …

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