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Tag: tax

Posted on 25/11/2024

Revealed: UK non-dom tax changes trigger large-scale property sales by long-term GCC investors, experts say

London’s loss, however, is turning out to be a boon for Dubai as the property sales-spree by GCC investors is leading to an influx of capital returning to the emirate and the wider region …

Posted on 25/11/2024

Middle East state giant nearing decision on contracts for $6 billion-plus offshore project

Adnoc is currently evaluating commercial bids for at least three EPCI packages meant for the first phase of the Lower Zakum LTDP-1 project …

Posted on 25/11/2024

Global income of UAE company is subject to taxation in the UAE

Resident juridical persons are subject to corporate tax in the UAE for their worldwide income; A natural person having business revenue more than Dh1 million in a …

Posted on 25/11/2024

UAE’s ADNOC says gas unit share sale can unlock ‘significant value’

ADNOC said the value of its gas unit can be enhanced by inclusion in wider market indexes and with a broader shareholder base.

Posted on 25/11/2024

Dubai International Chamber proposed business mission to Belarus in 2025

Leaders of the Belarusian Chamber of Commerce and Industry (BelCCI) had a meeting with Dubai International Chamber Regional Director for …

Posted on 25/11/2024

Abu Dhabi first in MENA region to implement Enhanced Transparency Framework on subnational level

The Paris Agreement on Climate Change established an enhanced transparency framework designed to build mutual trust and facilitate its effective implementation

Posted on 25/11/2024

Fakhr Al Bateen claims Senior Stallions gold at Emirates Breeders AH Championship

The Emirates Arabian Horse Championship for Private Stud Owners concluded in Abu Dhabi, with Fakhr Al Bateen of Al Bateen Stud securing the Senior Stallions gold medal. The four-day event, featuring 333 horses,

Posted on 25/11/2024

Sharjah Chamber Paves Way for Enhanced UAE-Pakistan Business Synergy

The Sharjah Chamber of Commerce and Industry emphasized its role in promoting economic collaboration, particularly with Pakistan. At a business forum, they highlighted efforts to boost trade ties and …

Posted on 25/11/2024

MultiBank aims to expand global footprint from UAE base

MultiBank Group, a leading financial derivatives provider, aims to expand its global reach in 2025, and add new products to its portfolio, its founder said..

Posted on 25/11/2024

Dubai’s RTA completes installation of 141 bus shelters, aiming for 762 by 2025

DUBAI – Dubai’s Roads and Transport Authority (RTA) has completed 141 bus shelters as part of its ambitious plan to deliver 762 shelters across key locations in Dubai. Designed with modern aesthetics …

Posted on 25/11/2024

Egypt wins first place in Arab FinTech Challenge in Dubai for the 2nd consecutive year

The team representing the Faculty of Economics and Political Science (FEPS) at Cairo University won first place in the “Arab FinTech Challenge for universities at GITEX Dubai 2024” for their project, …

Posted on 25/11/2024

UAE announces arrests of 3 suspects in murder of Abu Dhabi-based Rabbi Zvi Kogan

The United Arab Emirates has arrested three individuals responsible for the murder of Abu Dhabi-based Rabbi Zvi Kogan, the UAE Interior Ministry announces, saying that it was done “in record time.”The statement stresses the country’s “ability to deal firmly with anyone who tries to undermine the security and stability of society.

Posted on 24/11/2024

Watch: Residents attend Sharjah Police military parade to celebrate UAE National Day

Big crowds of residents attended a celebratory parade organised by Sharjah Police to celebrate the UAE’s 53rd National Day or Eid Al Etihad on the northern coast of Dibba Al Hisn.The event, held in …

Posted on 24/11/2024

UAE issues new federal law to transform arts sector

The UAE Government has introduced a Federal Decree-Law to regulate art institutions and provide benefits to the arts industry, professionals, and artists through non-profit organisations. The …

Posted on 24/11/2024

Murder in Dubai: How the murder of a Chabad rabbi reverberates regionally – analysis

The UAE wants to be known for iconic landmarks like the Burj Khalifa, the Dubai Mall, and the Sheikh Zayed Grand Mosque. It wants to be seen as secure and stable, not a place where Iran sends a hit …

Posted on 24/11/2024

Dubai developer sells out Dh650 million within two months

With prices averaging at AED 740,000 for a studio and handover expected in Q2 2027, the development targets both investors and end-users seeking premium urban living spaces in one of Dubai’s most …

Posted on 24/11/2024

UAE corporate tax: Authorities remind businesses to register before November 30

The registration process has been streamlined into four main steps that will take approximately 30 minutes to complete …

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