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Tag: tax

Posted on 10/05/2025

With AED 4 billion in April transactions; Sharjah’s real estate momentum continues

Sharjah’s real estate sector had a strong performance during April 2025, recording 7,206 transactions with a trading value of AED 4 billion across various areas of the emirate. The total traded area …

Posted on 10/05/2025

Dubai launches ‘practical’ maritime academy with simulator-based curriculum

Dubai residents interested in for maritime life and studies can now receive hands-on training for real-world challenges in lifelike environments — including full-mission bridge simulators, engine room …

Posted on 10/05/2025

Disneyland Abu Dhabi Could Open Within Five Years

Disney’s new theme park in Abu Dhabi could open as soon as 2030, beating arch-rival Universal’s upcoming outpost in the United Kingdom by a year.

Posted on 10/05/2025

Technological growth: Fintech drives Mena’s financial innovation

The fintech sector in Middle East and North Africa (Mena) is poised for continued growth over the next five years, driven by technological advancements, regulatory evolution, and increasing investor …

Posted on 10/05/2025

NRI Talk: Tax-free gains? How NRIs in UAE, Singapore & Mauritius legally avoid MF taxes

NRIs are increasingly aligning investments with India’s growth, drawn by economic resilience, reforms, and emotional ties. Tax-friendly hubs like Dubai and Singapore amplify returns, while new tools …

Posted on 10/05/2025

Former DC attorney accused of hiding $1M of income, other tax crimes

A former DC Attorney arrested shortly after returning from the United Kingdom spent several years falsifying tax documents …

Posted on 09/05/2025

Abu Dhabi Customs, Japan Customs explore new avenues to facilitate trade, support economic growth

As part of Abu Dhabi’s economic delegation to Japan, Rashed Lahej Al Mansoori, Director-General of Abu Dhabi Customs, met with Yojiro Uchino, Deputy Director General of Customs and Tariff Bureau of …

Posted on 09/05/2025

How will US tariffs affect the UAE’s diamond industry?

While the world anxiously waits to see the outcome of the tough new trade tariffs announced by US President Donald Trump‭, ‬it could be good news for Dubai’s diamond industry‭. ‬ The world’s youngest …

Posted on 09/05/2025

Chinese Teapots Buy Abu Dhabi Crude as Fuel Oil Prices Jump

China’s independent refiners are buying Abu Dhabi’s Murban crude for June delivery, shifting away from Iranian oil due to U.S. sanctions and rising fuel oil costs.

Posted on 09/05/2025

UAE backs $25bn Nigeria-Morocco gas pipeline project

The United Arab Emirates has pledged its support for a $25 billion gas pipeline that will link Nigeria to Morocco and eventually …

Posted on 09/05/2025

UAE: President, Abu Dhabi Crown Prince approve Dh82.7-billion housing benefits for citizens

Abu Dhabi has announced 14 new integrated housing projects and additional housing loans facilities for citizens in the UAE capital. In his capacity as Ruler of Abu Dhabi, President Sheikh Mohamed, …

Posted on 09/05/2025

Abu Dhabi and Japan boost investment ties with co-operation in advanced sectors

The Abu Dhabi Investment Office is expanding its international reach with key initiatives in Japan and the US, focusing on growing economic contributions and relations. Adio, which helps businesses …

Posted on 09/05/2025

Dubai Culture’s New Competition Seeks Creative Entrepreneurs

Applications are now open for the third edition of the Al Quoz Creative Entrepreneurship Competition, which is being staged by the Dubai Culture and Arts Authority (Dubai Culture), the UAE government …

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 …

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