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Tag: tax

Posted on 09/05/2025

UAE NRIs: Right way to send money to your adult children living abroad

as it may be viewed as dodging repatriation laws and facilitating offshore wealth migration. This route is clean, legal, and ensures you stay on the right side of the law. Final thought.. For UAE …

Posted on 08/05/2025

Wednesday May 8th: 4pm Traffic from Dubai to Sharjah

Dubai Traffic UpdateTravel time per 10 km: 17 minutes 50 secondsCongestion level: 60 percentSpeed: 33.6 km/h Traffic jams: 118Roads With Major Traffic Delays in Dubai Al Arouba Street Business Bay Roa …

Posted on 08/05/2025

Sharjah Geographic Information Systems Forum advances digital transformation

Sharjah Digital Department (SDD) hosted the inaugural Sharjah Geographic Information Systems (GIS) Forum, bringing together government entities and technology companies to enhance digital …

Posted on 08/05/2025

10 Smart Steps on How to Start a Business in Dubai Easily

If you’re wondering how to start a business in Dubai, you’re not alone. Dubai’s strategic location, modern infrastructure, and investor-friendly policies make it a top destination for startups. This …

Posted on 08/05/2025

Dubai Taxi Company achieves revenue of AED588.3 million in Q1 2025

Dubai Taxi Company (DTC) delivered a robust set of results in Q1 2025, with strong underlying performance across its core business lines. The Company’s fundamentals remain strong supported by Dubai’s …

Posted on 08/05/2025

Good news for UAE companies: Corporate tax penalties waived

The Federal Tax Authority (FTA) of the UAE announced on May 7 that it has begun exempting certain corporate taxpayers from administrative penalties incurred due to the late submission of registration …

Posted on 08/05/2025

Emirates lands record $5.2B annual profit, 16 new A350s to arrive in next year

Dubai-based Emirates Airlines has posted record annual profits of $5.2 billion (after tax), an increase of 14.9% from last year’s $4.7 billion.

Posted on 08/05/2025

Adnoc Drilling plans to boost partnerships beyond Abu Dhabi as profit jumps 24%

Adnoc Drilling, the Middle East’s biggest drilling company, expects to boost its partnerships and acquisitions in 2025 as its profit grew by nearly a quarter in the first three months of the year.The …

Posted on 08/05/2025

Abu Dhabi signs initial pact with Japan as it seeks to boost non-oil trade

Abu Dhabi is seeking to further boost ties with Japan as the emirate extends efforts to boost its non-oil trade, which has soared in recent years. The Abu Dhabi Chamber of Commerce and Industry (ADCCI …

Posted on 08/05/2025

Abu Dhabi’s Mubadala Builds $20 Billion Private Credit Portfolio

Mubadala Investment Co. deployed 119 billion dirhams ($32 billion) last year, as the world’s most active sovereign wealth fund deepened its push into sectors such as private credit and artificial …

Posted on 08/05/2025

ENOC Link delivers 350 million in total volume to business customers since launch

Underscoring the success of the Group’s innovative approach to fuel supply, ENOC Link currently helps over 268 businesses across the country to operate efficiently, including 60 businesses served from …

Posted on 08/05/2025

Sharjah Maritime Academy redefines higher education with bold tech leap

While most institutions are still talking about the future of education, Sharjah Maritime Academy (SMA) is building it. In just a few months, SMA has launched a blockchain-based Micro-Credentials, …

Posted on 08/05/2025

Sharjah Hearing Centre celebrates Speech-Language-Hearing Month

Every May, the Sharjah City for Humanitarian Services (SCHS) observes International Speech-Language-Hearing Month through the Sharjah Hearing Centre …

Posted on 08/05/2025

Inside the UAE’s tech-powered economic transformation

With IT services adoption soaring across manufacturing, logistics, real estate, and education, experts predict a transformational decade ahead for the UAE’s digital economy …

Posted on 08/05/2025

Dubai’s Emirates announces record Dh22.7 billion profit

Emirates Group on Thursday announced yet another annual record profit. The Dubai-based group revealed that it recorded profit before tax of Dh22.7 billion ($6.2 billion), up 18 per cent from last year …

Posted on 08/05/2025

UAE corporate tax implications for businesses that shut down

You are shuttering your business. A liquidator from the approved list for your trade licence issuing authority has submitted its report. All is in good order and you have promised the authorities and …

Posted on 08/05/2025

‘Immunity tickets’ and Dubai rentals: Investment banker reveals how the rich shield their money

An investment banker has peeled back the curtain on how the ultra wealthy structure their money across borders—using low-tax jurisdictions, offshore trusts, and second passports to manage risk, avoid …

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