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Tag: tax

Posted on 08/08/2025

botim’s Big Kick-Off: UAE’s First AI Fintech App Hits beIN SPORTS During Community Shield

IN SPORTS during Liverpool vs Crystal Palace, marking its shift from calling app to UAE’s first AI fintech platform.

Posted on 08/08/2025

UAE customs update: Travellers carrying cash, gold of over Rs 14.31 lakh, must declare it

The requirement applies to passengers aged 18 and above and covers cash, cheques, high-value personal goods, and jewellery …

Posted on 08/08/2025

Abu Dhabi’s Mubadala Energy now owns 24.1% stake in rebranded Kimmeridge gas unit Caturus

Abu Dhabi’s Mubadala Energy now owns a 24.1% equity stake in the rebranded SoTex HoldCo natural gas and LNG export platform Caturus following the closing of its US investment with alternative asset …

Posted on 08/08/2025

Dubai traffic to ease: RTA to boost Ras Al Khor, Al Meydan traffic capacity by 50%

RTA said the improvement will increase vehicle capacity from 1,800 to 2,700 vehicles per hour, a 30 percent jump, reducing congestion and waiting times at intersections during peak hours …

Posted on 07/08/2025

Dubai sign, Indian footprint: how Xettle is turning the UAE’s prestige into a corridor for withdrawing money from South Asia

Against the background of the rapid growth of Dubai fintech cluster dozens of investment funds consider the emirate as a reliable bridge between the Middle East …

Posted on 07/08/2025

UAE: Higher fuel sales, expansion boost Adnoc’s net profit by over 12% in H1 2025

Adnoc Distribution on Tuesday reported $358 million net profit for the first half of 205, an increase of 12.2 per cent year on year, on the back of higher fuel sales and network expansion. The UAE’s …

Posted on 07/08/2025

Dubai property sales passed $17.3bn in July as tax reforms fuel investor confidence

Property Finder reports 27 per cent YoY surge in Dubai property sales value and record off-plan activity as UAE aligns tax rules with global standards …

Posted on 07/08/2025

Dubai workplace expense fintech Alaan raises $48m

Alaan, a Dubai-based automation platform which aims to help companies eliminate expense claim “pain points” for both employees and hard-pressed finance teams, has raised $48 million to fund expansion.

Posted on 07/08/2025

Dubai logistics: DP World expands Jebel Ali Automotive Hub with massive new yard as vehicle volumes accelerate 28%

New Terminal 4 facility boosts storage to 75,000 CEUs and enhances RoRo capacity as Dubai strengthens its position in global car trade …

Posted on 07/08/2025

Dubai construction booms with 30,000 permits issued in H1 2025 as built-up area surges past 5.5 million sqm

Residential villas and commercial towers lead a 20 per cent rise in Dubai construction permits, signalling strong investor confidence and sustainable growth …

Posted on 07/08/2025

Dubai Chambers showcases its integrated services to support business growth to 180 representatives from the private sector

Participants were introduced to the full range of programmes, initiatives, and services offered by the three chambers …

Posted on 07/08/2025

Donald Trump says US will levy 100% tariff on some chip imports

The United States will impose a tariff of about 100% on semiconductor chips imported from countries not producing in America or planning to do so, President Donald Trump said.

Posted on 07/08/2025

Abu Dhabi’s secondary property market hits new highs as growth broadens across the capital

A new Q2 2025 report from British-owned property firm Crompton Partners shows Abu Dhabi’s secondary property market surging past AED 2 billion in sales, with double-digit growth across nearly all …

Posted on 07/08/2025

Arada awards AED618mln construction contract for Anantara Sharjah Resort and Anantara Sharjah Residences

Sharjah, United Arab Emirates: Arada has awarded an AED618 million construction contract for the construction of Anantara Sharjah Resort and Anantara Sharjah Residences, the luxury seafront …

Posted on 07/08/2025

Dubai RTA nol card top-ups: What’s behind the rise in transactions?

The authority emphasised that digital adoption will continue to be a key focus in enhancing Dubai’s public transport infrastructure …

Posted on 07/08/2025

Dubai’s first fully autonomous AI-powered parking breaks new ground

This collaboration brings to life a ticketless and barrier-free parking solution that eliminates the need for manual inspection.

Posted on 06/08/2025

Britain is alienating its wealthy with taxes, and the UAE becomes their top destination

The UAE, particularly Dubai, has become the preferred destination for thousands of British business executives who recently left the UK following Keir …

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