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Tag: tax

Posted on 04/10/2024

Dubai Police add Lucid Air Grand Touring to supercar fleet

Dubai Police have added a Lucid Air Grand Touring to the fleet of luxury patrol vehicles in the city. The police fleet of supercars already includes cars from Aston Martin, Bugatti, Ferrari, Bentley, …

Posted on 04/10/2024

Sharjah’s nature reserves are meant to protect wildlife, not for people to stroll around, says Sheikh Sultan

His Highness revealed a new environmental project that will be established on Al Dhaid Road, where camels, goats, sheep and horses will be released in a large fenced area.

Posted on 04/10/2024

Sharjah to build new road-side sanctuary where camels, goats, horses can roam freely

The emirate’s Ruler, however, stressed that nature reserves should not be treated as parks where people can walk in …

Posted on 04/10/2024

UAE: Worker, friends who won Dh20 million almost forgot they joined Big Ticket

In splitting the prize money among 11 people, there would be some maths involved because some pitched in Dh50, others Dh100, and a few gave Dh200 …

Posted on 04/10/2024

UAE corporate tax guide 2024: Eligibility, exemptions, new deadline – everything you need to know

The UAE has levied a 9% rate on taxable income above AED375,000, effective 2024 – here is a full guide to the UAE corporate tax system …

Posted on 04/10/2024

Dubai retains top spot for greenfield FDI projects in H1 2024

Dubai rose three global spots in greenfield FDI capital rankings, moving from sixth to third place, and from third to first in the MENA region …

Posted on 04/10/2024

Dubai tops global foreign direct investment charts with $5.9bn of projects in H1; top countries and sectors revealed

Dubai maintains position as a world leader in Greenfield Foreign Direct Investment (FDI) projects for sixth half-year in a row …

Posted on 04/10/2024

UAE: Supermarkets see no major impact on food supply despite regional tensions

The country has been successfully producing fresh vegetables, thus boosting supply and giving consumers more affordable options …

Posted on 04/10/2024

Airfares from UAE to regional destinations, Europe rise as key air corridors get cut

The latest incidents unfolding in the region has led UAE travelers to delay or cancel all non-essential trips to Jordan, Lebanon, Iran, Iraq, Israel and Egypt for both leisure and business purposes.

Posted on 04/10/2024

Dubai Records Robust Business Expansion

Dubai recorded a robust expansion in business conditions across the non-oil private sector, defying the overall trend across the UAE that showed th …

Posted on 04/10/2024

From Dubai to Delhi: Passengers Caught Smuggling Unboxed iPhone 16 Pro Max at IGI Airport

Customs officials at Delhi’s Indira Gandhi International (IGI) Airport have seized 12 iPhone 16 Pro Max devices from a group of 4 passengers. The group was  trying to smuggle these iPhones from Dubai …

Posted on 04/10/2024

Nature reserves not parks or pastures: Sharjah Ruler

Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, stressed that the nature reserves in the emirate of Sharjah are not projects for people to walk in, but rather a …

Posted on 04/10/2024

Dubai leads globe in greenfield FDI projects, beating London and New York

Dubai remained the world’s top destination for greenfield foreign direct investment projects in the first half of 2024, despite challenging global economic conditions, a study has shown. The emirate …

Posted on 04/10/2024

69% of UAE businesses expect a cyberattack within a year, but only 49% feel prepared for it

New Cloudflare study reveals the extent that UAE businesses are at risk from imminent cyberattacks over the next 12 months …

Posted on 03/10/2024

Telangana Fintech entrepreneur honoured in Dubai

Srinivas Goud Rachakonda, native of Godkal village in Nizamabad was conferred the prestigious Icons of the UAE award for his rising prominence in investment banking and financial technologies …

Posted on 03/10/2024

New York’s Brooklyn Chop House, Founded By Don Pooh, Makes Its International Debut In Abu Dhabi, UAE

Abu Dhabi’s vibrant dining scene in the United Arab Emirates is getting a taste of New York City, NY, with the opening of Brooklyn Chop House at the W Abu Dhabi—Yas Island. According to a press release shared with AFROTECH™,

Posted on 03/10/2024

Dubai approves major Expo City masterplan: New $2.7bn exhibition centre, housing for 76,000 people, 5 distinct zones, DP World HQ and more

The plans play a crucial role in achieving the goals of the 2040 Urban Master Plan, in which Expo City is named as one of five key urban centres, as well as the Dubai Economic Agenda D33 which seeks …

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