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Tag: tax

Posted on 09/12/2024

Union fury as Rosebank oil field’s main offshore vessel being built in Dubai

Trade union chiefs including the RMT’s Mick Lynch and the STUC’s Roz Foyer said it was a ‘shocking betrayal of Scotland’s workers’.

Posted on 09/12/2024

Toto Wolff: Lewis Hamilton could’ve fought for Abu Dhabi F1 win without Q1 exit

Mercedes boss Toto Wolff believes Lewis Hamilton held the pace to challenge for the win in the Formula 1 Abu Dhabi Grand Prix had he started higher up on the grid. Hamilton starred on his last appearance with Mercedes as he produced a superb drive at the Yas Marina Circuit to recover 12 places to come home in fourth position.

Posted on 09/12/2024

Revealed: Demand for industrial real estate hitting sky high in Dubai amidst influx of companies seeking entry, expansion

The demand surge is driving up real estate prices and commercial rents, threatening to push up capital and operational costs for setting up industries and operating manufacturing facilities in the emi …

Posted on 09/12/2024

ADFW 2024: Abu Dhabi’s position as ‘the capital of capital’ is luring global bankers to fuel growth

ADDED also launched the Abu Dhabi Trade Information Portal (TIP), a solution to facilitate import, export and re-export procedures that was described as a “digital-first approach to global trade” by …

Posted on 09/12/2024

‘Microsoft’s UAE AI Deal Sparks Security Fears:’ U.S. Clears Advanced Chip Export Amid Controversy

The U.S. government has granted approval for the export of advanced artificial intelligence (AI) chips to a Microsoft-operated facility in the United Arab Emirates (UAE), marking a significant step in …

Posted on 09/12/2024

Lamudi Acquires Indonesian Fintech Ideal to Enhance Mortgage Services

Indonesia-based real estate marketplace Lamudi, a subsidiary of Australia’s Digital Classifieds Group, announced the acquisition of Ideal, a Fintech …

Posted on 08/12/2024

Abu Dhabi GP: Charles Leclerc ‘hurt’ after title-less season

Charles Leclerc said it hurt to not deliver Ferrari the constructors’ championship after running McLaren close at the Abu Dhabi Grand Prix.

Posted on 08/12/2024

Last chance to eat Mom’s Spaghetti in Abu Dhabi

Because at this moment, you could be digging into Mom’s Spaghetti. That’s right, Eminem’s brought the pop-up version of his Detroit restaurant to the Formula 1 Abu Dhabi Grand Prix, which is on until Sunday.

Posted on 08/12/2024

Dubai new order inflows grow fastest since August

New order inflows in Dubai grew the fastest in November since August, recent data showed. The UAE non-oil economy continued to show a solid rate of expansion in November, according to the latest PMI …

Posted on 08/12/2024

Dubai Brings Back Massive Tax on Alcohol Sale

Dubai will reintroduce a 30% tax on alcohol starting January 1, 2025. Alcohol retailer African + Eastern notified bars and restaurants about the decision …

Posted on 08/12/2024

Dubai CommerCity successfully concludes WORLDEF Dubai 2024 Forum

Under the patronage and in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Integrated Economic Zones Authority (DIEZ), Dubai CommerCity (DCC), — the region’s …

Posted on 08/12/2024

Abu Dhabi Grand Prix LIVE, Formula One 2024 Season Finale: McLaren Vs Ferrari For Constructors, Leclerc Vs Norris Battle For P2

The ultimate showdown at the Yas Marina Circuit awaits! McLaren and Ferrari clash for the Constructors’ title, while the battle for P2 and P3 adds even more drama to the season finale. Brace yourselves for heart-pounding action as the Formula 1 2024 season concludes with the Abu Dhabi Grand Prix today.

Posted on 08/12/2024

Abu Dhabi Investment Office partners with Partanna to decarbonise concrete industry

The Abu Dhabi Investment Office (ADIO) has partnered with Partanna, a Bahamian climate tech company, to establish its regional headquarters

Posted on 08/12/2024

Dubai: 30% alcohol sales tax to be reinstated from January 2025

Dubai has reinstated a 30 per cent tax on alcohol effective January 1, 2025. In an email, alcohol retailer African + Eastern informed restaurants and bars of the changes. “Please note, Dubai …

Posted on 08/12/2024

UAE economy predicted to grow by 4.5% next year

The UAE economy is set to grow from 3.7 per cent in 2024 to 4.5 per cent in 2025, a study showed on Wednesday.

Posted on 08/12/2024

Dubai traffic to ease: RTA completes 71% of Al Shindagha Corridor Project

The project is part of RTA’s Phase 4 of the Al Shindagha Corridor Improvement Project, spanning Sheikh Rashid Road from Sheikh Khalifa bin Zayed Street intersection to Falcon Interchange on Al Mina St …

Posted on 08/12/2024

F1 News Today: FIA announce last-minute Lewis Hamilton change as investigation launched at Abu Dhabi Grand Prix

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

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