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Tag: tax

Posted on 31/01/2025

Timeframe: When Abu Dhabi’s opulent Emirates Palace opened its doors in 2005

It was 20 years ago that Emirates Palace opened, helping set the standard for luxury in Abu Dhabi. Set over 84 hectares on the capital’s corniche, the five-star property was designed by WATG …

Posted on 31/01/2025

Side hustles in Dubai; UAE petrol prices; Saudi job localisation; Habtoor cancels Lebanon investments – 10 things you missed this week

UAE petrol prices, Dubai real estate analysis, Saudi job updates, how to get a side hustle and more top stories this week …

Posted on 31/01/2025

UAE global hub for major events, conferences in February 2025

In February 2025, the UAE will host a series of major conferences, exhibitions, and events that reflect its prominent role and influence in shaping the future of various vital sectors across the …

Posted on 31/01/2025

Dubai real estate market headed for another record year in 2025

Engel & Volkers Middle East report says luxury sector sales rising by 20.5% YoY; Office rents up 11%, retail rents 9.7% and warehouse by 21.1% …

Posted on 31/01/2025

Dubai World Trade Centre announces February 2025 events

Dubai World Trade Centre (DWTC) has announced its February events calendar, featuring 12 high profile events at its world-class venues, including the Dubai International Conference and Exhibition …

Posted on 31/01/2025

This GCC country has just approved a draft law on personal income tax

whereas the income tax will impact just 1 per cent of the Sultanate’s population. Read: UAE set to roll out 15% tax for global corporate giants Six other draft laws jointly issued by the councils …

Posted on 31/01/2025

UAE’s NMDC Energy boosts profit by 80%, project backlog hits nearly $13.8 billion

NMDC Energy is one of the largest EPC contractors in the Middle East region and is executing oil and gas projects for key clients including Adnoc and Saudi Aramco …

Posted on 31/01/2025

Dubai real estate: AHS Properties reports strong sales in high-end property market

AHS Properties attributes this performance to its flagship developments, including One Canal, One Crescent, and Casa Canal …

Posted on 31/01/2025

Dubai’s commercial real estate thrives with strong office and industrial sector growth: Report

Dubai’s office market remained vibrant in 2024, with demand outpacing supply for premium Grade A office spaces …

Posted on 31/01/2025

Abu Dhabi real estate: Aldar’s Manarat Living III sells out in 24 hours, generates $255mn

Aldar announced that Manarat Living III, the final phase of its urban collection on Saadiyat Island, sold out in 24 hours, generating AED 940 million in sales. The demand reflects the interest in …

Posted on 31/01/2025

Abu Dhabi fund ADQ, Orion joint venture to invest $1.2bn in metals, mining

The venture will initially invest $1.2bn over four years in mining companies in emerging markets in Africa, Asia and Latin America …

Posted on 31/01/2025

DP World ILT20 2025, Match 25 Review: Charles, Zampa propel Sharjah Warriorz closer to playoff spot

The Sharjah Warriorz put up a spirited performance as they banked on Johnson Charles’ 65 and some fine bowling from Adam Zampa and Adam Milne to soar to a four-wicket win against Abu Dhabi Knight …

Posted on 31/01/2025

Dubai’s Emirates named as UAE’s Best Brand of 2025: YouGov

YouGov’s rankings are based on the Index score from YouGov BrandIndex, which measures overall brand health in the UAE …

Posted on 31/01/2025

Arab Financial Services Announces Expansion into UAE

Arab Financial Services, a provider of digital payment solutions and a fintech enabler across MENA , announced expansion into the UAE.

Posted on 31/01/2025

Mashreq delivers $2.45bln net profit after tax in 2024

DUBAI: Mashreq Bank’s net profit rose to AED9 billion in 2024, an increase of about 4 percent compared to 2023, after paying taxes worth AED869 million. Net Profit Before Tax reached AED9.9 billion, …

Posted on 31/01/2025

Quality offshore pipelay vessel to be acquired by Middle East contracting heavyweight

The vessel Seven Champion is a Singapore-flagged dynamically positioned DP2 subsea vessel capable of pipelay, pipe recovery, platform installation and maintenance. The highly sought-after offshore …

Posted on 30/01/2025

Abu Dhabi Police warn of random parking on sides of roads

Staff Reporter The Abu Dhabi Police have issued a warning to drivers regarding the dangers associated with random parking on the sides of roads.

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