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Tag: tax

Posted on 09/05/2025

Dubai Investments reports 52% increase in Q1 2025 profit before tax to AED185mln

The profit growth is primarily driven by higher rental income underpinned by stable occupancy levels under the property segment …

Posted on 09/05/2025

Details of seven agreements signed by Kenya, UAE

Kenya and the United Arab Emirates (UAE) are looking to further strengthen their cooperation after signing at least seven new cooperation agreements. The agreements are focused on defence, customs, …

Posted on 09/05/2025

Kenya, UAE Sign Economic, Customs and Transport Deals

Kenya and the United Arab Emirates (UAE) have signed seven agreements aimed at deepening bilateral cooperation between the two nations.This comes a few months after the two countries signed a …

Posted on 09/05/2025

What you need to know if you’re planning to move to Dubai

The statistics tell the story. In 2024, Henley & Partners’ Private Wealth Migration Report revealed that 9,500 millionaires left the UK for better alternatives in Europe and Asia, many of them flying …

Posted on 09/05/2025

Kenya and UAE sign 7 MoUs to strengthen bilateral ties

Kenya and the United Arab Emirates (UAE) have signed seven agreements aimed at deepening bilateral cooperation between the two nations.

Posted on 09/05/2025

Rise of fintech: A new era of smart innovative services

The UAE is racing towards a fully digital future, transforming how people access government services and reshaping everyday experiences across sectors like banking, telecom, healthcare, and …

Posted on 09/05/2025

Make it in the Emirates 2025 to Help Position UAE as a Global Hub for Manufacturing and Advanced Technology

The event is hosted by the Ministry of Industry and Advanced Technology (MoIAT), organized by Abu Dhabi National Exhibitions Company Group, and held alongside strategic partners the Ministry of …

Posted on 09/05/2025

UAE NRIs: Right way to send money to your adult children living abroad

as it may be viewed as dodging repatriation laws and facilitating offshore wealth migration. This route is clean, legal, and ensures you stay on the right side of the law. Final thought.. For UAE …

Posted on 08/05/2025

Wednesday May 8th: 4pm Traffic from Dubai to Sharjah

Dubai Traffic UpdateTravel time per 10 km: 17 minutes 50 secondsCongestion level: 60 percentSpeed: 33.6 km/h Traffic jams: 118Roads With Major Traffic Delays in Dubai Al Arouba Street Business Bay Roa …

Posted on 08/05/2025

Sharjah Geographic Information Systems Forum advances digital transformation

Sharjah Digital Department (SDD) hosted the inaugural Sharjah Geographic Information Systems (GIS) Forum, bringing together government entities and technology companies to enhance digital …

Posted on 08/05/2025

10 Smart Steps on How to Start a Business in Dubai Easily

If you’re wondering how to start a business in Dubai, you’re not alone. Dubai’s strategic location, modern infrastructure, and investor-friendly policies make it a top destination for startups. This …

Posted on 08/05/2025

Dubai Taxi Company achieves revenue of AED588.3 million in Q1 2025

Dubai Taxi Company (DTC) delivered a robust set of results in Q1 2025, with strong underlying performance across its core business lines. The Company’s fundamentals remain strong supported by Dubai’s …

Posted on 08/05/2025

Good news for UAE companies: Corporate tax penalties waived

The Federal Tax Authority (FTA) of the UAE announced on May 7 that it has begun exempting certain corporate taxpayers from administrative penalties incurred due to the late submission of registration …

Posted on 08/05/2025

Emirates lands record $5.2B annual profit, 16 new A350s to arrive in next year

Dubai-based Emirates Airlines has posted record annual profits of $5.2 billion (after tax), an increase of 14.9% from last year’s $4.7 billion.

Posted on 08/05/2025

Adnoc Drilling plans to boost partnerships beyond Abu Dhabi as profit jumps 24%

Adnoc Drilling, the Middle East’s biggest drilling company, expects to boost its partnerships and acquisitions in 2025 as its profit grew by nearly a quarter in the first three months of the year.The …

Posted on 08/05/2025

Abu Dhabi signs initial pact with Japan as it seeks to boost non-oil trade

Abu Dhabi is seeking to further boost ties with Japan as the emirate extends efforts to boost its non-oil trade, which has soared in recent years. The Abu Dhabi Chamber of Commerce and Industry (ADCCI …

Posted on 08/05/2025

Abu Dhabi’s Mubadala Builds $20 Billion Private Credit Portfolio

Mubadala Investment Co. deployed 119 billion dirhams ($32 billion) last year, as the world’s most active sovereign wealth fund deepened its push into sectors such as private credit and artificial …

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