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Tag: tax

Posted on 16/04/2025

Iran’s annual non-oil export to UAE stands at $7.2b

TEHRAN – Iran exported non-oil commodities valued at $7.2 billion to the United Arab Emirates (UAE) in the past Iranian calendar year, which ended on March 20, 2025, according to an official with the …

Posted on 16/04/2025

Abu Dhabi accidents: Using phone while driving

WikiLeaks founder Julian Assange walks out of U.S. District Court after being freed after guilty plea. Political figures respond to UK Prime Minister Rishi’s announcement of a General Election on 4th …

Posted on 16/04/2025

UAE: MoF announces issuance of Ministerial Decision adopting OECD guidance, commentary on Global Minimum Tax Rules

This decision follows the issuance of Cabinet Decision No. (142) of 2024 regarding the imposition of a Top-up Tax on Multinational Enterprises. This decision reaffirms the UAE’s continued commitment …

Posted on 16/04/2025

Cartex opens Middle East HQ in Dubai with a Creator Hub

Cartex, a fintech marketplace for financial and payments solutions, has announced the opening of its Middle East headquarters in Dubai, UAE. The new space will serve as a key center for Cartex’s …

Posted on 16/04/2025

Launching A Business In Dubai: What High-Net-Worth Entrepreneurs Need To Know

Dubai offers tremendous advantages, but it’s important to go in with eyes wide open. The cost of doing business can be significantly higher than expected, especially in premium zones like DIFC. Office …

Posted on 16/04/2025

₹25L in India, $100K in the US or tax-free Dubai? Bengaluru techie breaks down where life’s better

According to Sengupta, the US leads in career growth and high-paying roles in tech and finance. However, it comes with challenges: frequent layoffs, aggressive restructuring, and the constant …

Posted on 16/04/2025

Lamprell Extends Long-Term Offshore Contract with Aramco

Offshore construction firm Lamprell has secured an extension of its longstanding offshore long-term agreement with Aramco, …

Posted on 16/04/2025

e& UAE revolutionises telecom tower inspections with AI-powered drones

The new initiative combines real-time data analytics, AI and autonomous flight capabilities to enable faster, safer, and more sustainable inspection of telecom towers across the UAE …

Posted on 16/04/2025

Dubai’s Mall of the Emirates, home to a ski slope, to get $1.3 billion renovation

The operator of Dubai’s sprawling Mall of the Emirates, home to an indoor ski slope in the desert sheikhdom, has plans for a $1.3 billion renovation at the mall.

Posted on 16/04/2025

Sharjah, Paris build bridges of knowledge and culture

The House of Wisdom (HoW) explored collaboration opportunities with the Arab World Institute in Paris in the fields of culture and knowledge.

Posted on 16/04/2025

Cosmin Olaroiu works magic again as Sharjah reach Asian final but UAE job looms large

Cosmin Olaroiu really does not need to audition for the job of UAE coach. The Romanian can just point to the steady stream of trophies he has won across Asia, including 14 with three different teams …

Posted on 16/04/2025

Analysis: UAE trade model offers lessons as Trump tariffs disrupt global commerce

Middle East’s exemption from Trump tariffs demonstrates how strategic economic relationships create diplomatic leverage as global trade faces disruption …

Posted on 16/04/2025

S. Korea’s import prices fall for 2nd month in March: BOK

South Korea’s import prices fell for the second consecutive month in March due mainly to a drop in global oil prices, central bank data showed Wednesday. The import price index shed 0.4 percent from a …

Posted on 16/04/2025

Global contractors to battle for landmark Adnoc engineering deal on offshore megaproject

Adnoc is likely to soon float tender documents for a prized FEED contract for the next big development phases at Umm Shaif …

Posted on 16/04/2025

Dubai business leaders confident free trade zones will survive Trump tariffs

Business leaders in Dubai expect to weather the storm of US President Donald Trump’s sweeping worldwide tariffs, as long as the UAE continues to attract businesses through its free trade zones.Mr …

Posted on 15/04/2025

Pakistan faces rising trade deficit of $9.35 billion amid oil import surge

Pakistan’s trade deficit with the Middle East rose to $9.35 billion during the first eight months of the 2024-25 fiscal year. This figure represents a 9.75% increase from $8.52 billion in the same …

Posted on 15/04/2025

Department of Health – Abu Dhabi launches strategic partnership to advance precision medicine in Emirate

The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, in partnership with PureHealth, Khalifa University of technology (KU), Illumina, M42, Institute for …

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