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Tag: tax

Posted on 15/05/2025

HODL Dubai Summit 2025 opens with dialogue on blockchain, crypto, and Web3 innovation

Marking its 30th global edition, the world’s longest-running crypto conference kicks off with more than 5,000 attendees from 60 countries, spotlighting regulatory trends, tokenization, and startup …

Posted on 14/05/2025

Why millionaires are migrating to Dubai and what it signals

Amid intensifying global scrutiny of wealth and rising tax pressures, Dubai is emerging as a strategic base for high-net-worth individuals seeking long-term security, capital preservation, and global …

Posted on 14/05/2025

Abu Dhabi’s XRG to expand in Turkmenistan with offshore gas field deal

Adnoc’s global energy investment arm XRG is teaming up with Malaysia’s Petronas to expand its footprint in Central Asia with a stake in Turkmenistan’s offshore gas and condensate field. Petronas will …

Posted on 14/05/2025

Dhruva launches its AI platform to simplify taxation in UAE

Powered by a predictive and adaptive engine, DhruvAI.tax acts as a virtual tax strategist—maximizing deductions and simplifying transfer pricing compliance for UAE enterprises …

Posted on 14/05/2025

Deyaar delivers strong start to the year with AED119.8mln net profit before tax in Q1 2025, up 54% YoY

Deyaar’s net profit before corporate tax for the three-month period ending 31st March 2025 surged to AED 119.8 million …

Posted on 14/05/2025

Dubai Chambers organises two legal workshops on shareholder agreements, tax transactions

Dubai Chambers recently organised two legal workshops aimed at raising awareness among companies about shareholder agreement procedures and tax-related transactions, as well as the importance of …

Posted on 14/05/2025

ADNOC’s XRG takes stake in Turkmenistan gas block

Abu Dhabi National Oil Company’s international investments arm XRG said on Wednesday it had taken a stake in an offshore natural gas block in Turkmenistan, part of its ambitious growth plans.

Posted on 14/05/2025

Abu Dhabi Customs hosts first World Customs Organisation study mission on blockchain technology

Abu Dhabi Customs hosted the first study mission of the World Customs Organisation (WCO) in Abu Dhabi as part of the “Smart Customs” initiative.The mission aimed to explore leading practices in …

Posted on 14/05/2025

Dubai FinTech Summit 2025: Innovation, Inclusion & Insights – Watch the Highlights

The Dubai FinTech Summit 2025, hosted at Madinat Jumeirah, once again reaffirmed Dubai’s position as a global hub for financial technology and innovation. Organized by the Dubai International …

Posted on 14/05/2025

UAE likely to strike advanced Nvidia-chips deal with US during Trump visit

The Trump administration is weighing a deal that would allow the UAE to import more than a million advanced Nvidia chips, a quantity that far exceeds limits under Biden-era AI chip regulations, …

Posted on 14/05/2025

US Mulls Letting UAE Buy Over a Million Leading Nvidia Chips

The Trump administration is weighing a deal that would allow the United Arab Emirates to import more than a million advanced Nvidia Corp. chips, people familiar with the matter said, a quantity that …

Posted on 14/05/2025

Fintech remains top choice of investors as it attracts 362% more investment in Q1

Fintech remained a funding powerhouse in the Middle East and North Africa (Mena) during the first quarter of 2025 as it recorded 362% year-on-year growth by attracting $384 million investment, the …

Posted on 14/05/2025

Masdar City in Abu Dhabi: A Model of Urban Sustainability

Nestled in the desert landscape of the UAE, Masdar City in Abu Dhabi is redefining what it means to build a city of the future. This pioneering urban development is designed to be one of the world’s …

Posted on 14/05/2025

There’s a cool new Formula One-inspired mocktail in Abu Dhabi

Your love for sport and mixology, shaken and stirred… This race day-inspired mocktail is simply called Grand Prix, and it’s part of La Petite Maison Abu Dhabi’s cool new beverage menu, Déjà vu, that …

Posted on 14/05/2025

Dubai Allows Free Zone Businesses to Expand to Mainland

Companies can apply for permits to conduct specific activities outside their free zone jurisdiction while remaining compliant with Dubai’s economic framework. The resolution however does not …

Posted on 14/05/2025

Trump’s Middle East visit comes as his family deepens its business, crypto ties in the region

It’s not just the “gesture” of a $400 million luxury plane that President Donald Trump says he’s smart to accept from Qatar. Or that he effectively auctioned off the first destination on his first …

Posted on 14/05/2025

US Weighs Letting UAE Buy Over a Million Advanced Nvidia Chips

The Trump administration is weighing a deal that would allow the United Arab Emirates to import more than a million advanced Nvidia Corp. chips, people familiar with the matter said, a quantity that …

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