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Tag: tax

Posted on 14/04/2025

How Checkout.com Will Boost UAE Fintech Landscape

By introducing domestic card issuing, Checkout.com will encourage local fintech startups to build tailored solutions and reduce reliance on foreign infrastructure. This will craft a more competitive …

Posted on 14/04/2025

Sheikh Mohammed bin Rashid reviews UAE’s tax system in Cabinet meeting

The UAE Cabinet on Monday reviewed the latest developments in building the Emirates’ tax system with 520,000 companies now registered for corporate tax and 470,000 for value-added tax. The meeting was …

Posted on 14/04/2025

US tariff: FG speaks on alternative amid import ban on 25 products

According to Dr. Dele Alake, Nigeria’s Minister of Solid Minerals Development, U.S. tariffs may benefit African economies by encouraging intra-African trade.

Posted on 14/04/2025

Zara operator backed by Dubai ruler’s firm said to pause IPO

Azadea Group, operator of Zara and Virgin Megastore in the Middle East, has delayed its IPO plans to prioritize business growth and regional expansion, unrelated to market volatility. Dubai Holding, a …

Posted on 14/04/2025

A speed limit has been removed for this major Abu Dhabi road

This just in… Abu Dhabi motorists will no longer need to adhere to a minimum speed limit on the E311, it has just been announced by Abu Dhabi Mobility (formerly the ITC). If you’ve driven on the E311 …

Posted on 14/04/2025

Your Ultimate Guide to Offlimits Abu Dhabi 2025

Get ready to go OFFLIMITS, this is where the music never stops, the vibes are unreal, and your favorite artists are all in one place. From Ed Sheeran’s emotional ballads to Artbat’s electrifying beats …

Posted on 14/04/2025

Abu Dhabi’s Adnoc Said to Weigh Bid for $9B Aethon Assets

Adnoc has been among the most active dealmakers globally over the past year, buying assets from the US and Europe to Africa.

Posted on 14/04/2025

IIT Delhi Abu Dhabi sees 400% enrolment rise in just one year

Delhi has witnessed a remarkable 400 percent increase in student enrolment at its Abu Dhabi campus within just one year of its commencement in Abu Dhabi.

Posted on 14/04/2025

Capital.com offers global investors access to UAE stocks

The announcement marks a significant milestone in Capital.com’s commitment to deepening its presence in the UAE, where they have been licenced by the Securities and Commodities Authority since April 2 …

Posted on 14/04/2025

Mehul Choksi’s downfall: From Dubai towers to Rs 6,000 crore bank scam trail

The Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) accused Mehul Choksi of masterminding a Rs 6,097.63 crore fraud in collusion with officials of Punjab National Bank (PNB) …

Posted on 14/04/2025

‘Shift to UAE’: Kotak AMC MD Nilesh Shah flags tax loophole exploited by NRIs

Nilesh Shah has warned that high-net-worth individuals could exploit tax treaties with some countries to avoid India’s capital gains tax.

Posted on 14/04/2025

KKR names David Petraeus as chair of Mideast business, sets up regional investment team

U.S. private equity firm KKR on Monday said it had appointed David Petraeus as the chairman of its Middle East business, and has set up an investment team in the region that will focus on …

Posted on 14/04/2025

Dubai awards contracts worth Dhs1.4bn for stormwater projects

The Tasreef project is Dubai’s largest unified stormwater collection system and is considered the most operationally efficient in the region.

Posted on 13/04/2025

DIFC ready to host third edition of Dubai FinTech Summit next month

The Dubai International Financial Centre (DIFC) is set to host the third edition of the Dubai FinTech Summit on 12 and 13 May 2025, at the Madinat …

Posted on 13/04/2025

Dubai hotel occupancy rate rises to 77.7% in 2024

KPMG’s survey showed that 94 per cent of tourists in Dubai were satisfied with their hotel stay over the past year compared to 92 per cent in the previous year …

Posted on 13/04/2025

Video: Fire breaks out at warehouse in Sharjah; nearby facilities evacuated

A fire broke out in a warehouse located in Sharjah’s industrial area 15 on Sunday, marking the second blaze of the day. The fire led to the precautionary evacuation of nearby facilities. No injuries …

Posted on 13/04/2025

First UAE-Morocco Business Council convenes in Sharjah

Abdallah Sultan Al Owais, Vice Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), expressed his pride and warmly …

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