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Tag: tax

Posted on 16/05/2025

Dubai-made perfumes drive UAE’s rise in global luxury fragrance market

The perfume market has also prompted a spate of high-value investments and expansion plans by some international players in the country …

Posted on 16/05/2025

Trump’s Billion-Dollar Gulf Deals Spark Debate Over America’s Tech Future

While investments and business deals were announced, many criticize the achievements of President Trump’s unprecedented tour to the Persian Gulf.

Posted on 16/05/2025

UAE Corporate Tax: For some free zone businesses it makes sense to opt for the 9%

With the UAE’s corporate tax regime now in effect, free zone entities can enjoy a 0% tax rate on their ‘qualifying income’. But not all free zone businesses qualify — and intriguingly, some are …

Posted on 16/05/2025

Trump visits mosque in Abu Dhabi, an apparent first for the president

It was a remarkable gesture for a man whose political career has been marked by intolerance and derision of Muslims, showcasing his willingness to accede to unfamiliar cultural norms to forge …

Posted on 16/05/2025

HODL Dubai Summit 2025 concludes with Startup World Cup winner announcement

The four-day blockchain and Web3 conference brought together 5,000+ attendees, top innovators, and regulators, ending with a bold announcement for its next edition in Saudi Arabia.

Posted on 16/05/2025

Trump, UAE leaders agree to $200 billion in new deals amid historic visit: ‘Enhancing market access’

President Donald Trump facilitated over $200 billion in commercial deals between the U.S. and the United Arab Emirates (UAE) during his historic visit to the Middle Eastern country, according to the …

Posted on 15/05/2025

Ant Digital showcases Zoloz liveness, AI for fintech suite in Dubai

Zoloz continues to evolve to adapt to new challenges and threats: in 2024, it launched deepfake detection to mitigate generative AI face-swapping riskss.

Posted on 15/05/2025

UAE to invest $1.4 trillion in US over 10 years, says Sheikh Mohamed in show of strong Trump-era ties

Sheikh Mohamed of the UAE announced a $1.4 trillion investment plan in the US over the next decade, highlighting a strong partnership during President Trump’s Gulf tour. The investments will focus on …

Posted on 15/05/2025

Trump hails Qatari pledge to invest $10 billion in US airbase, visits UAE

By Gram Slattery, Andrew Mills and Federico Maccioni DOHA/ABU DHABI (Reuters) -U.S. President Donald Trump said on Thursday Qatar will invest $10 billion in coming years in the Al Udeid Air Base …

Posted on 15/05/2025

US Nears Deal To Let UAE Import 500,000 Nvidia AI Chips Annually From 2025: Report

The deal is expected to last at least until 2027, with the possibility of being extended to 2030. Under the draft terms, 100,000 chips per year would go to UAE-based tech company G42.

Posted on 15/05/2025

Sharjah: Fire at auto parts warehouse brought under control

A fire was reported at a Sharjah warehouse on Thursday morning, the Sharjah Civil Defence announced. The blaze took place at an auto spare parts warehouse located in Industrial Area 6. The authority …

Posted on 15/05/2025

Thursday May 15th: 4pm Traffic from Dubai to Sharjah

Dubai Traffic UpdateTravel time per 10 km: 18 minutes 64 secondsCongestion level: 64 percentSpeed: 32.7 km/h Traffic jams: 113Roads With Major Traffic Delays in Dubai Sheikh Zayed Road, E11 Hessa Stre …

Posted on 15/05/2025

Trump makes historic UAE visit as first US president in nearly 30 years

President Donald Trump’s visit to the UAE highlights the nation’s pivotal role in Middle East geopolitics, with discussions on defense deals and strategic ties with the U.S.

Posted on 15/05/2025

Dubai Centre for Family Businesses promote sustainable intergenerational growth for family-owned companies

The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, today hosted the latest event in its ‘Governance Series.’The session showcased a successful global case …

Posted on 15/05/2025

Why Emsteel is not worried about rising Chinese imports

UAE steel and building material company Emsteel expects demand for its products to grow 10 percent this year, paced by multi-billion-dollar infrastructure projects and real estate developments, its …

Posted on 15/05/2025

Ras Al Khaimah: The industrial powerhouse shaping the UAE’s post-oil future

From ceramics to smart tech, the emirate is fuelling the country’s $81bn industrial transformation – one raw material, trade route, and export-ready factory at a time …

Posted on 15/05/2025

Billionaire Mittal said to buy ‘Beverly Hills of Dubai’ home

Lakshmi Mittal buys $200 million Dubai mansion, considering leaving UK due to tax changes, impacting business and politics.

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