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Tag: tax

Posted on 29/04/2025

Mandatory E-Invoicing to Roll Out in UAE From 2026

The system will automate workflows and standardise invoicing, with aims to cut business processing costs by up to 66%.

Posted on 29/04/2025

We moved to Dubai for a better life and thought tax-free earning would make us rich – but we’re worse off than in UK

Since 2022, Russian nationals have bought up £4.8billion-worth of properties in Dubai that are either existing or being developed, according to economists with the EU Tax Observatory and Norway’s …

Posted on 29/04/2025

Race for $10 billion-plus offshore gas development heats up at controversial Middle East asset

The race is hotting up for the multibillion-dollar development of the Dorra offshore gas field in the shared neutral zone between Saudi Arabia and Kuwait, with multiple engineering, procurement, …

Posted on 29/04/2025

How A Dubai Company Built A 1,000-Strong Workforce In Just 20 Years

In an era defined by digital transformation and workforce localisation, Data Direct Group – a leading – Dubai-based business process outsourcing comp …

Posted on 28/04/2025

Israel favors upgrading US free trade deal, economy minister says

Israel has proposed revamping its four-decade-old free trade agreement with the United States, its economy minister said on Monday, as it looks to head off tariffs from its closest ally.

Posted on 28/04/2025

Sharjah Masters International Chess Championship set to begin on May 16

The Sharjah Cultural and Chess Club has announced the launch of the 8th edition of the Sharjah Masters International Chess Championship.

Posted on 28/04/2025

UAE to launch Dirham-backed stablecoin for digital economy

IHC, ADQ, and First Abu Dhabi Bank (FAB) have announced plans to launch a new stablecoin backed by Dirhams, which will be fully regulated by the Central …

Posted on 28/04/2025

UAE launches ‘Digital Wallet’ to provide integrated financial services to companies

The Ministry of Human Resources and Emiratisation (MoHRE), in cooperation with Abu Dhabi Islamic Bank, has launched the …

Posted on 28/04/2025

Why Expo City Free Zone is Dubai’s Next Big Business Hub in 2025

Dubai’s recent move to diversify its economy came as a strategic decision. In the current economic scenario, this announcement holds tremendous importance. First, it went on to popularize Dubai’s …

Posted on 28/04/2025

Business events and festivals set the stage for socio-economic growth, according to experts at Arabian Travel Market

According to Rasbey, events have been key to Ras Al Khaimah’s rising prominence: “Meetings, Incentives, Conventions and Exhibitions (MICE) is an important segment and has contributed significantly to …

Posted on 28/04/2025

CBA Real Estate closes Dhs 622 million in Dubai luxury sales — Dhs 187 million at Emaar Beachfront alone

Dubai’s luxury property market continues its remarkable upward trajectory, with CBA Real Estate, led by Salman Bin Ali, facilitating approximately Dhs …

Posted on 28/04/2025

Border Tensions Impact India’s Dry Fruit Imports

India’s import of dry fruits from Afghanistan is facing challenges due to border tensions with Pakistan after the Pahalgam terror attack. The closure of trade routes through Pakistan could raise …

Posted on 28/04/2025

Sharjah seeks to become a key stop for GCC region travellers

Khalid Jasim Al Midfa, Chairman, Sharjah Commerce & Tourism Development Authority (SCTDA) To leverage the unified GCC tourist visa, joint tourism campaigns, cultural exchanges, and cross-promotional …

Posted on 28/04/2025

RTA’s new Dh12 Dubai-Sharjah bus service hits road on May 2

Dubai’s transport authority has announced the launch of a bus service between the emirate and Sharjah on Friday, May 2. It is the latest measure by authorities to tackle rising levels of traffic …

Posted on 28/04/2025

Sharjah Ruler orders 2nd edition of ‘Portuguese in Sea of Oman’

His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has directed the launch of the second edition of his historical work “The Portuguese in the Sea of …

Posted on 28/04/2025

UAE Council for Entrepreneurship highlights plans to support SMEs

The UAE Council for Entrepreneurship held its second meeting of the year, chaired by Alia Bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship.

Posted on 28/04/2025

Foreign companies providing digital services to UAE clients must register for VAT, advises ADJC’s business manager

AED 1,000 late filing penalty for the first missed return, increasing to AED 2,000 for each subsequent quarter …

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