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Tag: tax

Posted on 28/05/2025

The Final Pitch Dubai unveils powerhouse investor-judges

Applications are now open for UAE based and non-UAE based international entrepreneurs looking to pitch their business to the panel of investor-judges.

Posted on 28/05/2025

UAE family businesses urged to prioritise tax planning amid corporate tax rollout

Family businesses in the UAE must urgently adopt robust tax planning strategies and ensure full documentation to stay compliant under the country’s evolving corporate tax regime, said Shiraz Khan, …

Posted on 28/05/2025

UAE: Firms urged to start preparing for 2026 e-invoicing rollout

The UAE introduced e-invoicing regulation in second quarter of 2025 while technical and functional specifications will be rolled out soon. The first phase of e-invoicing will go live in July 2026.

Posted on 28/05/2025

Abu Dhabi’s state-owned utility TAQA targets US energy sector expansion

The Abu Dhabi National Energy Company (TAQA) is exploring acquisition opportunities in the US and other regions to expand its international presence and meet its growth targets, as reported by Reuters …

Posted on 28/05/2025

Abu Dhabi ranks high in quality of life, with 93.6% of residents feeling safe at night

The survey results revealed that 93.6% of residents feel safe walking alone at night, reflecting the emirate’s continued recognition as the world’s safest city in 2025 according to global indicators.

Posted on 28/05/2025

Ajman Bank appoints head of Fintech & AI underscoring commitment to digital innovation

Ajman Bank has announced the appointment of Tahir Turksoy as the Head of Fintech & AI within the Consumer Banking Division, effective 7 April 2025. In his new role, Tahir will report directly to …

Posted on 28/05/2025

NFIU probes N48bn suspicious transfers to Dubai, Hong Kong

The Nigerian Financial Intelligence Unit has raised alarm over an alarming surge in suspicious financial transactions from Nigeria to Dubai and Hong Kong—two jurisdictions it describes as emerging …

Posted on 28/05/2025

UAE attracting thousands of companies despite corporate tax, says expert

Over 200,000 businesses registered in the UAE between 2022 and 2024, despite the introduction of corporate tax, said CEO of Andersen UAE at New Age Finance and Accounting Summit in Dubai …

Posted on 28/05/2025

Dubai fintech Qashio secures $19.8mln from US, MENA investors

Dubai-based fintech company Qashio has secured $19.8 million in equity and non-equity financing.

Posted on 28/05/2025

Abu Dhabi Department of Energy and Khalifa University sign MoU in water and energy sectors

The agreement was signed on the sidelines of the “World Utilities Congress 2025,” held at ADNEC Abu Dhabi and continuing through May 29 …

Posted on 28/05/2025

The U.S.’ AI love affair with the UAE isn’t just about access — it’s about dominance

The U.S. currently makes the world’s most advanced semiconductor chips, while the UAE has the abundant cheap energy to power enormous AI data centers. The two countries’ AI alliance has already seen …

Posted on 28/05/2025

Dubai’s GulfNav, Brooge Energy sign $871mln acquisition deal

Dubai-based shipping firm Gulf Navigation Holding PJSC (GulfNav) has entered into an asset sale agreement with Brooge Energy Ltd. for a total consideration of 3.2 billion dirhams ($871) million.

Posted on 28/05/2025

Why Choose Professional Chauffeur Services in Dubai Over Regular Taxis

Dubai’s bustling metropolis presents unique transportation challenges that demand more than basic taxi services can offer.

Posted on 28/05/2025

Drilling giant secures long-term offshore rig deals worth $1.15 billion

Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate …

Posted on 28/05/2025

Dubai To Allow Residents, Businesses To Pay Government Fees Using Cryptocurrency

Dubai is preparing to use and enable crypto payments for government services, after an agreement was signed between Dubai Finance and Crypto, a …

Posted on 28/05/2025

Meet the CFOs steering UAE’s top businesses and driving growth

As the UAE experiences a wave of IPOs and adapts to new corporate tax regimes, CFOs are emerging as strategic architects of growth and resilience. With global trade dynamics shifting and rapid …

Posted on 28/05/2025

Adnoc Drilling wins $1.15bn offshore contract for AI-integrated jack-up rigs

Adnoc Drilling, the Middle East’s largest drilling company, was awarded a $1.15 billion contract for two jack-up rigs by Adnoc Offshore as the company continues to expand its fleet. The 15-year …

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