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Tag: tax

Posted on 20/12/2024

UAE indirect taxes yield upto $3bln annually

Al Khoori emphasised the crucial role of these tax revenues in bolstering economic growth and fortifying the federal government’s financial position …

Posted on 20/12/2024

Taxation Society hosts seminar on ‘Mastering UAE Corporate Tax Returns’

The event featured leading experts and panelists who shared actionable strategies to help businesses effectively navigate the upcoming corporate tax compliance …

Posted on 20/12/2024

UAE explores with China ways to enhance economic, investment relations in various sectors

China has been a key trading partner for the UAE, accounting for 11.20% of the UAE’s non-oil trade in the first half of 2024 …

Posted on 20/12/2024

Dubai night-swimming beaches welcome 1.5m visitors since launch

Dubai Municipality announced that the night-swimming beaches in Jumeirah 2, Jumeirah 3, and Umm Suqeim 1 have welcomed approximately 1.5m visitors within 18 months of their opening.

Posted on 20/12/2024

Elite Group Holding to develop Dhs100m auto hub in Dubai

Dubai Industrial City, a key business district within TECOM Group, is home to over 1,100 local, regional, and international customers and 350 operational factories …

Posted on 20/12/2024

UAE: Why property buyers with a mortgage should have life insurance?

Property buyers in the UAE who opt for mortgage have to take term insurance which provides an additional layer of security to the lender and the borrower’s family, according to an industry executive.

Posted on 20/12/2024

450,000 businesses in UAE registered for corporate tax: FTA

Al Bustani, highlighted the vital role of collaboration with partners in achieving the FTA’s objectives and supporting the national economy …

Posted on 20/12/2024

Dubai: Tourist targeted 5 times in 5 days exposes nightclub billing scam involving women

Canadian tourist, SY, was targeted by a nightclub billing scam five times in five days. After reading our investigative article about the fraud, he wanted ..

Posted on 20/12/2024

ADNOC L&S Expands Offshore Asset Portfolio in 2024

Abu Dhabi National Oil Company Logistics & Services (ADNOC L&S) has made a significant move to bolster its offshore operations, adding 20 new assets to its portfolio in 2024. This expansion …

Posted on 20/12/2024

UAE oil giant sees chemical firm Covestro as base for growth

The largest oil producer in the United Arab Emirates is focused on closing its nearly $13bn acquisition of German chemical maker Covestro AG which would establish a base …

Posted on 19/12/2024

UAE has 450,000 companies registered for Corporate Tax

The UAE has more than 450,000 companies registered for Corporate Tax, according to Khalid Ali Al Bustani, Director General of the Federal Tax Authority (FTA). The figure demonstrates the strong …

Posted on 19/12/2024

UAE couple launch fintech firm Xare to help migrants send money home

Working with family at Xare has enabled us to draw on trust, shared purpose, and complementary skill sets to create a platform that serves one of the world’s most underserved …

Posted on 19/12/2024

ADNOC L&S adds 20 offshore assets as 9-month revenues climb to $1.67bn

ADNOC Logistics & Services announced that its Integrated Logistics business segment expanded significantly in 2024, with 20 offshore assets acquired and hire contracts secured for 19 Jack-Up Barge …

Posted on 19/12/2024

Basketball influencers all praise for Abu Dhabi’s rising role in the sport

Tristan Jass and Jesser, who continue to captivate millions worldwide with their innovative content, encourage young basketball enthusiasts in the Middle East to come forward and create content …

Posted on 19/12/2024

UAE and China explore ways to enhance economic and investment relations in new economy, entrepreneurship, tourism, aviation, and logistics sectors

Abdulla Al Saleh: The UAE and China enjoy strategic economic and trade relations, with the working group opening new prospects for cooperation and partnership between the private sectors of both …

Posted on 19/12/2024

B2B commerce in the UAE faces opportunities, challenges

With the UAE’s e-commerce sector projected to grow from Dh27.5 billion in 2023 to Dh48.8 billion by 2028, the opportunity for B2B e-commerce is immense. Ye..

Posted on 19/12/2024

Dubai AI Week 2025 will put artificial intelligence in spotlight

The Dubai AI Week builds on the success of the inaugural AI Retreat, hosted by DFF in June 2024 as a main event under the Dubai Universal Blueprint for Artificial Intelligence.

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