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Tag: tax

Posted on 25/02/2025

UAE small businesses reap benefits as Muwafaq package supports SME tax compliance

The package seeks to create a significant step forward in fostering innovation within the tax system and delivering comprehensive solutions that align with market needs …

Posted on 25/02/2025

Intesa Sanpaolo and UAE Masdar strengthen M&A cooperation

Intesa Sanpaolo and Abu Dhabi Future Energy Company (Masdar) have signed a Memorandum of Understanding to enhance their cooperation in mergers and acquisitions, the bank announced on February 24. The …

Posted on 25/02/2025

UAE fuel prices: Will they rise or fall for March 2025?

The UAE announced the retail fuel prices for February 2025, raising the rates by as much as 0.13 fils per litre compared to the month of January 2025.

Posted on 25/02/2025

MTN taps Dubai company for fintech across Africa

MTN has chosen a company from Dubai to be its fintech partner, facilitating payments across the telecom’s Africa markets.

Posted on 25/02/2025

Dubai Cracks Down on Telemarketing Violations: 159 Companies Fined AED 50,000 Each Under New Regulations

New regulations concerning telemarketing practices introduced in 2024 contribute to providing a world-leading, sustainable business environment, in line with the goals of the D33 Agenda174 companies …

Posted on 25/02/2025

Dubai: Dh50,000 fines imposed on 159 companies for violating telemarketing rules

Dubai imposes Dh50,000 fines on 159 companies for breaching telemarketing rules, aiming to protect consumer rights and enhance business standards.

Posted on 25/02/2025

Dubai now offers driving licence online for boat, vessel; how to apply, costs explained

Get your boat or vessel driving license in Dubai without attending classes. Learn how to apply, the associated costs, and the types of marine licenses available, including pleasure and commercial …

Posted on 25/02/2025

Sharjah Government Sets Official Working Hours for Ramadan

The Sharjah Human Resources Department has announced the official working hours for government departments, authorities, and institutions during the holy month of Ramadan 1446 Hijri. Official working …

Posted on 25/02/2025

UAE travellers face stress when booking holidays, says new YouGov report

The study found that more than two-thirds of UAE travellers experience at least one stress point during the process …

Posted on 25/02/2025

Egypt-Based MNT-Halan’s Expansion Into the UAE Marks a New Phase of Growth for the Unicorn

I n the plethora of entrepreneurial success stories that have come out of the MENA in the past decade, few have demonstrated the power of pivoting efficiently the way Egypt-based …

Posted on 24/02/2025

Wood Group reveals fresh takeover approach from Dubai-based Sidara

Wood Group reveals fresh takeover approach from Dubai-based Sidara – The latest bid interest from Sidara comes after it walked away from a deal last August, blaming global market turmoil and …

Posted on 24/02/2025

Dubai: Flydubai posts record profit before tax, driven by lower fuel costs, higher passenger numbers

Flydubai reports record pre-tax profit of Dh2.5 billion in 2024, driven by lower fuel costs and network expansion. The airline added over 6,000 employees and expanded its network to 131 destinations.

Posted on 24/02/2025

Dubai: Flydubai adds over 6,000 employees, posts record pre-tax profit of Dh2.5 billion in 2024

Flydubai on Monday announced that it added over 6,000 new workers last year as it posted record profit before tax in its 15-year history on the back of lower fuel costs and network expansion. The …

Posted on 24/02/2025

UAE plan $40 billion investments in Italy, PM Meloni says

The United Arab Emirates plan investments in Italy worth 40 billion dollars, Italian Prime Minister Giorgia Meloni said on Monday, without giving a time frame.

Posted on 24/02/2025

Wilo celebrates major milestone with expansion of UAE factory to double capacity

Strategic investment underscores Wilo’s commitment to sustainability, innovation, and supporting the UAE’s economic vision …

Posted on 24/02/2025

Is Daniel Pettit in Dubai? New case against his mother suggests she helped him flee again

An alleged Iowa fraudster with more than $200 million in debts may have fled to Dubai with his mother’s help, a new lawsuit claims.

Posted on 24/02/2025

Spring Valley to establish agro-commodity hub at JAFZA, driving regional food security

Dubai, UAE – Spring Valley, a home-grown agro-commodity supplier, is investing AED 184 million to develop a new distribution hub at Jebel Ali Free Zone (Jafza), supporting regional food security.

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