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Tag: tax

Posted on 31/08/2024

Adani Ports Acquires Majority Stake In Astro Offshore Eyeing Top Global Spot

Adani Ports and Special Economic Zone Ltd. is set to acquire a majority 80% stake in Astro Offshore, a global leader in offshore support vessels, for $185 million (approximately Rs 1,551 crore). This …

Posted on 31/08/2024

Ferrari World Esports Arena opens in Abu Dhabi: “We want to keep adding unique selling points”

Faisal Al Nuaimi, General Manager of Ferrari World Yas Island, on the arena’s inspiration and how it adds to the UAE’s Esports scene …

Posted on 31/08/2024

19 service channels for seekers of UAE amnesty on visa fines

Customs and Ports Security (ICP) is spearheading the amnesty in coordination with other departments Image Credit: Supplied Abu Dhabi: To help applicants of UAE’s amnesty on visa and residency …

Posted on 31/08/2024

Dubai chef dies after London attack; friends pay tribute

Imnetu, who is a Swedish national living in Dubai, was visiting London on business. He worked as the head chef at The Brasserie in The Arts Club Dubai, and previously held positions at top London …

Posted on 31/08/2024

Dubai’s Dragon Oil eyes more offshore concessions in Turkeministan

Dragon Oil, wholly owned by the Dubai government, is looking to enhance its existing production facilities and secure additional offshore concessions in Turkmenistan. New areas are being explored, …

Posted on 31/08/2024

Dubai Chambers sees 20% increase in document attestation in H1

Dubai Chamber of Commerce’s attestation service streamlines business processes by ensuring the acceptance of members’ documents by the relevant authorities and enhancing the credibility of official …

Posted on 31/08/2024

S’pore fintech firm Aleta Planet gets funding from UAE conglomerate, eyes growth in the Middle East

Aleta, which Mr Gwee describes as a “China-centric” fintech company, will also move its headquarters from Singapore to Dubai – home to over 6,000 Chinese businesses in industries such as …

Posted on 31/08/2024

Dubai-Sharjah Traffic Worsens As Schools Reopen Residents Leave Home Up To 2 Hours Early

Reopening of schools along with the ongoing construction on key routes, like Al Khail Road, Al Mamzar Road and Emirates Road, have intensified the traffic situation between Dubai and Sharjah. The …

Posted on 31/08/2024

UAE signs agreement with UNICEF to aid humanitarian efforts in Sudan

The agreement allocates $ 6million for UNICEF’s operations in Sudan and $ 1million for its activities in South Sudan …

Posted on 31/08/2024

Dubai: Tenants of some buildings complain of long waiting times for elevators

Dubai’s skyline may be impressive, but for many office workers and residents, the struggle to navigate tall buildings is becoming a serious time-waster. Lo..

Posted on 31/08/2024

Who detained Hells Angels boss Angelo Pandeli remains a mystery

Who detained Hells Angels boss Angelo Pandeli in the Middle East and why it happened remained a mystery on Thursday evening.

Posted on 31/08/2024

Dirco recalls Consul-General in Dubai over misconduct, security breach allegations

The Department of International Relations and Cooperation has recalled its Consul-General in Dubai. He is accused of security breaches … where they had been working for Dutch oil and gas company SBM …

Posted on 31/08/2024

Dubai nightclub scam: Tinder ‘dates’ vanish after leaving men with the bill

“This scam was prevalent in Europe and parts of the Far East but is now making its way into Dubai.” Khaleej Times has reviewed multiple cases from upscale bars and nightclubs in Business Bay and Dubai …

Posted on 31/08/2024

Is London real estate being used as a tax haven by the global elite?

For tax reasons, anonymous foreign firms are purchasing real estate in affluent cities such as New York, Paris, Tokyo, Singapore, Dubai, and, shockingly, Oslo. Since the Common Reporting Standard on …

Posted on 31/08/2024

Dubai Customs foil attempt to smuggle drugs hidden in 40 barrels

Dubai Customs foiled a large-scale attempt to smuggle a shipment of the drug Pregabalin using advanced customs systems, the authority announced Thursday. The drug weighing 1 ton and 100 kilograms, was …

Posted on 30/08/2024

Dubai Regulator Clears 61 Firms for Operation in First Half

Dubai Dubai’s financial sector continues to show robust growth, with the Dubai Financial Services Authority (DFSA) approving 61 new firms for operation in the first half of the year. This development …

Posted on 30/08/2024

UAE: These Emirati women are striving to make Dubai a hub for investment, living

Three Emirati women at Dubai’s Department of Economy and Tourism (DET) are making significant contributions to the emirate’s economic growth and development by implementing strategic initiatives.Fatma …

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