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Tag: tax

Posted on 27/09/2025

HDFC Bank’s Dubai branch prohibited from conducting business with new clients – What went wrong? Will it impact existing services?

HDFC Bank has informed through a filing that its Dubai branch — Dubai International Financial Centre (DIFC), has been prohibited from soliciting or conducting any business with new clients.

Posted on 27/09/2025

Al Wasl pip Sharjah, Al Dhafra down Al Bataeh

Al Wasl came from behind to defeat Sharjah 2-1 in the highly anticipated clash at Zabeel Stadium on Thursday, as part of Matchweek 5 of the Adnoc Pro League.

Posted on 27/09/2025

Dubai Royal-Backed Fund MGX Buys 15% of TikTok U.S. Business in Major Stake Deal: Report

MGX, which previously bought $2 billion of World Liberty Financial’s USD1, and Oracle will control nearly half of TikTok’s U.S. arm as American firms secure majority ownership.

Posted on 26/09/2025

TikTok US deal brings Abu Dhabi royals on board alongside Oracle

Abu Dhabi’s royal family and U.S. investors including Oracle, Silver Lake, Dell, and Fox are set to take majority control of TikTok’s $14B American arm.

Posted on 26/09/2025

Abu Dhabi shatters EM records with super-tight $3bn

The Emirate of Abu Dhabi has taken emerging market bonds into new territory with its $3bn bond issue on Thursday. The $2bn 10 year tranche had the tightest ever spread for an EM issuer, bankers said, …

Posted on 26/09/2025

Etihad announces new summer-only route between Abu Dhabi and Palma

Etihad has announced a new summer-only route between Abu Dhabi and Palma De Mallorca using its fleet of Airbus A321LRs.

Posted on 26/09/2025

OpenAI’s Sam Altman becomes first to receive honorary PhD from Abu Dhabi’s AI university

MBZUAI, which was established in 2019, is the first graduate-level research university focused on artificial intelligence.

Posted on 26/09/2025

UAE logistics sector accelerates growth at 3-year milestone amid global uncertainty

In just three years, the Dubai team has grown fivefold and has become an integral part of Europa’s global Air & Sea division. With direct links to …

Posted on 26/09/2025

How this Dubai market helps entrepreneurs turn handmade crafts into successful businesses

When Dubai resident Stevi Lomass spotted a gap in the locally made gifting market for a unique UAE brand, she needed an affordable ‘shop window’ to gain exposure. More than a decade later, her …

Posted on 26/09/2025

Dubai Airport Freezone attracts international F&B looking to grab a slice of the lucrative local market

Dubai, UAE. March 10, 2013. With GCC food imports expected to more than double in the next decade, growing from US$25.8 billion in 2010 to US$ 53.1 in 2020, the food and beverage (F&B) sector is one …

Posted on 26/09/2025

UAE tax evolution: From tax-free haven to smart business hub

Explore the UAE’s tax evolution, strengthening its position as a competitive and stable global business destination …

Posted on 26/09/2025

Dubai ranked one of world’s top four fintech hubs in new report

Dubai has been ranked among the world’s top four cities for fintech in the latest Global Financial Centres Index (GFCI), released on Thursday, behind London, New York and Hong Kong.

Posted on 26/09/2025

Dubai Chamber of Commerce reviews 27 laws as five new Business Councils launched in H1 2025

Dubai Chamber of Commerce reviewed 27 laws in H1 2025, launched five new Business Councils, and held 98 meetings to boost Dubai’s business environment …

Posted on 26/09/2025

UAE: Sharjah extradites Uzbek and Nepalese nationals wanted for fraud under Interpol Red Notices

Discover the latest news on extraditions from the UAE involving Uzbek and Nepalese nationals wanted for fraud under Interpol Red Notices. Explore the country’s commitment to international judicial …

Posted on 26/09/2025

FinTech boom: Dubai joins world’s top 4 in global financial power rankings

This recognition reaffirms Dubai’s leadership in the Middle East, Africa and South Asia region, elevating its profile on the global financial stage …

Posted on 26/09/2025

Deadline looms for UAE firms’ first corporate tax returns, marking economic shift

The UAE is entering one of the most consequential weeks in its economic journey, with companies across the nation facing the September 30 deadline that goes far beyond paperwork: the submission of the …

Posted on 26/09/2025

A New England Traveler’s Guide to Abu Dhabi

The capital of the United Arab Emirates, Abu Dhabi has all the exuberance of a can-do city of tomorrow, while still retaining the customs and traditions that make it unique. Frequently described as …

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