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Tag: tax

Posted on 25/11/2024

Dubai’s Yachting Community Charting A Bold Future

As Dubai blossoms into the premier yachting destination, visionary entrepreneurs continue to find success in a thriving marine ecosystem where luxury and opportunity converge.

Posted on 25/11/2024

Sharjah Club wins Emirati-Korean Taekwondo Championship

Sharjah Sports Club was crowned champions of the eighth Emirati-Korean Taekwondo Friendship Championship winning the men category cup in a tourname …

Posted on 25/11/2024

UAE: Egyptian billionaire launches digital business news platform for Gen Z

Moniify will spotlight emerging markets with a focus on the industries driving the future – from tech and AI to crypto and space …

Posted on 25/11/2024

UAE: Egyptian billionaire launches digital business news platform for Gen Z

Moniify will spotlight emerging markets with a focus on the industries driving the future – from tech and AI to crypto and space …

Posted on 25/11/2024

UAE non-oil economy to rise 4.7% this year as real estate booms and easy visas attract businesses

The UAE’s non-oil economy is expected to grow by 4.7 per cent in 2024, according to Michael Bolliger, CIO Global Emerging Markets, UBS Global Wealth Management. IT is an indication that the UAE’s …

Posted on 25/11/2024

UAE non-oil economy to rise 4.7% this year as real estate booms and easy visas attract businesses

The UAE’s non-oil economy is expected to grow by 4.7 per cent in 2024, according to Michael Bolliger, CIO Global Emerging Markets, UBS Global Wealth Management. IT is an indication that the UAE’s …

Posted on 25/11/2024

Flydubai to add Al Alamein flights in boost to UAE-Egypt network

Ghaith Al Ghaith, CEO at flydubai, said: “We are excited to add Al Alamein to our seasonal summer schedule. The daily operation will enable more visitors to enjoy the stunning Mediterranean coastlines …

Posted on 25/11/2024

Flydubai to add Al Alamein flights in boost to UAE-Egypt network

Ghaith Al Ghaith, CEO at flydubai, said: “We are excited to add Al Alamein to our seasonal summer schedule. The daily operation will enable more visitors to enjoy the stunning Mediterranean coastlines …

Posted on 25/11/2024

Avighna Group acquires Emaar Business Park 3 for Dh240 million

Prominent real estate developer Avighna Group has completed the acquisition of Emaar Business Park–Building 3, a multi-tenanted Grade-A commercial building..

Posted on 25/11/2024

Abu Dhabi’s Mubadala to Take CI Financial Private in C$3.4 Billion Deal

Canadian mutual fund manager CI Financial Corp. plans to go private for about C$4.7 billion ($3.4 billion) in a deal backed by Abu Dhabi’s Mubadala Capital.

Posted on 25/11/2024

Dubai’s viral kunafa chocolate bar now available in Abu Dhabi

Abu Dhabi residents with a sweet tooth now have direct access to the chocolate bar made in Dubai that has gone viral. Fix Dessert Chocolatier, founded by British-Egyptian entrepreneur Sarah Hamouda, …

Posted on 25/11/2024

Dubai real estate sector recorded $4.5bn of transactions last week, including Business Bay apartment sold for $25m

The Dubai real estate sector recorded AED16.55bn ($4.5bn) of transactions last week, according to data from the Land Department. Sales dominated the figures, with AED9.29bn ($2.5bn), according to Land …

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 …

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