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Tag: tax

Posted on 20/03/2025

Landmark Group’s “Shukran” Loyalty programme collaborates with Dream Dubai to launch Dh1 million reward

As part of the Group’s revamped “Shukran” loyalty programme, and in collaboration with Dream Dubai, one lucky shopper will have the chance to become a millionaire this Ramadan …

Posted on 20/03/2025

Dubai real estate: How much do you need to save to buy a $1m property

Financial experts in Dubai say buyers should prepare for costs beyond the initial down payment when purchasing a $1 million (AED3.67 million) property, with recommended savings of AED1.25-1.6 million …

Posted on 19/03/2025

QED Investors Announces Investment in Fintech NymCard, Enhancing MENA Region’s Payments Infrastructure

NymCard, the embedded finance platform operating across 10+ countries in MENA, secured $33 million in its Series B round, led by QED Investors.

Posted on 19/03/2025

Abu Dhabi’s Etihad Airways to start flights to Addis Ababa in October

Etihad Airways will start flying to Addis Ababa in October this year under a joint venture with Ethiopian Airlines, Abu Dhabi’s hub carrier said in a statement on Wednesday.Under the deal, which …

Posted on 19/03/2025

UAE emerges as top market for Türkiye’s exports surge in February

The United Arab Emirates (UAE) was a top market where Türkiye achieved the highest export increase in February compared to the same period last …

Posted on 19/03/2025

Weapons, war and wealth: The business of arms in the Middle East

Arms are a global business, so it’s little surprise that at the International Defense Exhibition and Conference, discerning quartermasters had a world buffet of weaponry before them, be it Brazilian …

Posted on 19/03/2025

Dubai: Will free zone firms opening offices in mainland be subject to 9% corporate tax?

Dubai government’s landmark decision to allow free zone companies to open branches in the mainland after obtaining a licence from the Department of Economy and Tourism (DET) will provide …

Posted on 19/03/2025

Brent crude flips to discount against Dubai, first time since Nov 2023, data shows

Brent crude futures flipped to a discount against Dubai swaps on Wednesday, the first time since November 2023, LSEG data showed, underscoring the strength of Middle East sour oil versus the global …

Posted on 19/03/2025

Dubai’s Binghatti sees credit rating boost as revenue set to triple in 2025: Fitch

Fitch also assigned Binghatti a ‘stable outlook,’ reflecting confidence in the company’s sustained financial discipline and market leadership …

Posted on 19/03/2025

Dubai real estate: Indians, British and Italians lead property purchases as Egyptian numbers surge

Beyond the top five nationalities, Betterhomes reports continued strong demand from Lebanese and Iranian investors, reinforcing Dubai’s position as a global investment hub …

Posted on 18/03/2025

Environment Agency- Abu Dhabi showcases innovative use of drones to plant mangroves in Bahrain

As part of Abu Dhabi Mangrove Initiative (ADMI), the Environment Agency – Abu Dhabi (EAD) has showcased its latest drone-based mangrove cultivation technologies in cooperation with Nabat, a climate …

Posted on 18/03/2025

Sharjah Police nab over 100 beggars, seize Dhs50,000 in the first half of Ramadan

The efforts of anti-begging teams in the Sharjah Police, in collaboration with community members, have resulted in the arrest of several beggars during …

Posted on 18/03/2025

Fences come down for businesses in Dubai free zones

Businesses operating in Dubai’s free trade zones will be able to expand their activities into the emirate’s mainland areas after a government ruling. The new legislation will allow the Dubai …

Posted on 18/03/2025

Egyptians emerge as a rising force in Dubai’s real estate

Dubai’s real estate market continues to attract a diverse global audience, with Betterhomes’ latest data revealing key shifts in buyer demographics. In 2025, Indian, British, and Italian investors led …

Posted on 18/03/2025

Top 10 Fintech Startups In the UAE

The UAE has become a great destination for startups, and it’s particularly well suited to businesses specialising in fintech.

Posted on 18/03/2025

Tax issues to keep in mind while buying property in the UAE

Question: Indians have shown great interest in buying properties in the Gulf especially in Dubai, Sharjah and Abu Dhabi. Will this result in any investigation by revenue authorities in India in case …

Posted on 18/03/2025

Sharjah: Over Dh50,000 seized, 107 beggars arrested in major crackdown

Sharjah Police arrested 107 individuals, seizing over Dh50,000 from them, in a major crackdown on begging during the first half of Ramadan this year. The authority said that the accused comprised 87 …

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