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Tag: tax

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 …

Posted on 06/08/2025

Transforming offshore oil production with advanced medium-voltage VSDs

The Abu Dhabi National Oil Company (ADNOC) has pledged to increase its oil production capacity to five million barrels a day by 2030 to satisfy the soaring global demand for energy. The Belbazem block …

Posted on 06/08/2025

UAE: Strong sales push Emaar’s profit to Dh10.4 billion during first 6 months of 2025

Emaar Properties on Wednesday announced net profit before tax increased to Dh10.4 billion in the first half of 2025, a growth of 34 per cent compared to the same period last year, driven by robust …

Posted on 06/08/2025

Pakistani Startup Icon Backs UAE Fintech’s Record $48M Funding

A renowned Pakistani founder joins top investors backing UAE-based fintech Alaan’s $48M Series A to scale AI-driven finance automation.

Posted on 06/08/2025

Peak XV leads USD 48 Mn Series A Round for UAE’s Alaan

The round was led by Peak XV Partners, with participation from 885 Capital, Y Combinator, 468 Capital, Pioneer Fund, and several prominent angel investors, including founders of unicorns Tabby and …

Posted on 06/08/2025

Azizi Abraham: Azizi Developments’ latest project in Jebel Ali Free Zone

Azizi Abraham continues Azizi Developments’ track record of strategic land bank utilization and enhancing up-and-coming residential destinations across the country, alongside standout projects in MBR …

Posted on 06/08/2025

UAE: MoF partners with Institute of Management Accountants to launch CMA, FMAA certifications

The MoU is part of the Ministry’s ongoing efforts to equip national cadres with the highest global professional standards in accounting and financial management …

Posted on 06/08/2025

UAE, Nigeria relations strengthen as trade, investment flourish

The United Arab Emirates (UAE) and the Federal Republic of Nigeria continue to deepen bilateral ties through strengthened trade, …

Posted on 06/08/2025

UAE leads youth-driven startup surge in the Middle East

Entrepreneurial ambition among young people in the Mena region is on a sharp rise, with 46 per cent of workers expressing interest in starting their own business. Nowhere is this intent more visible …

Posted on 06/08/2025

Binance CEO Fights $1.76B FTX Clawback in Court Showdown

Binance CEO fights FTX estate’s $1.76B clawback claim, challenging U.S. jurisdiction in Delaware bankruptcy court.

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