Tag: tax

Abu Dhabi National Hotels has picked banks for a planned initial public offering of its catering business, joining a busy pipeline of new share sales in the Middle Eastern capital.

Amid UAE’s scorching summer, often exceeding 45°C during the … Restaurants and institutions need to understand that they are a vital part of their business, and even before that, they are human.” …

In a traffic safety campaign targeting reckless riders, Dubai Police have seized 640 bicycles and e-scooters for violations like speeding and not wearing helmets. The initiative emphasizes the …

The Federal Authority for Identity, Citizenship, Customs, and Ports Security (ICP) in the UAE has introduced new fines for messing up your Emirates ID, residency services, and more.

Non-free zone resident juridical taxable traders are liable to pay tax on their global income, with a zero per cent tax rate on income up to Dh375,000 and a nine per cent rate beyond that. For natural …

South Korea’s import prices rebounded in June as a rise in prices of petrochemical goods and raw materials offset a fall in oil prices, central bank data showed Tuesday. The import price index rose 0.

This world-first offshore deployment of RoboWell highlights how Adnoc is leveraging advanced technologies to drive efficiencies and ensure a secure, reliable and responsible supply of energy. Deployed …

India’s four-week platinum imports from mid June eclipsed 2023’s total as bullion dealers exploited a loophole by registering alloys containing around 90% gold as platinum to avoid higher duties, …

India’s platinum imports soared recently as bullion dealers exploited a regulatory loophole by registering alloys containing around 90% gold as platinum to benefit from lower import duties. This has …

Since April 1, dealers pay only 5% import duty on platinum against 15% on gold under the Comprehensive Economic Partnership Agreement signed between India and major bullion trading hub the UAE in 2022 …

The unique vessel proved seaworthy, completing multiple “rigorous tests” that spanned 57 miles in the Arabian Gulf, researchers said. The ship, helmed by Emirati sailors and escorted by the UAE Coast Guard, reached speeds of 5.6 knots.

ABU DHABI, 15th July, 2024 (WAM) – Gross domestic credit extended by banks operating in Abu Dhabi in the first four months of the year grew by 5 percent or AED45.8 billion to AED 961.9 billion from AED915.9 billion at the end of last year, according to UAE banking indicators by emirate released by the Central Bank of the UAE (CBUAE).

The UAE has lifted a visa ban on Nigerians and introduced new rules requiring digital verification for Nigerian passport holders seeking its visas.

Thus, Sharjah Economic Development Department (SEDD) has released its report for the first half of 2024, which showed an increase in the total number of business licences issued and renewed in Sharjah …

Eternal Home recently opened its showroom in Sharjah. The 25,000 square foot facility was inaugurated by popular Indian actor and filmmaker R. Madhavan. Eternal Home was established in 2021. “At …

National Bonds has processed AED 189 billion transactions, with more than AED 27 billion facilitated in 2023 alone through the Al Manassah Platform …

The Bank has supported CAPEX financing of industrial projects valued at AED48bn ($13.1bn), greenfield projects worth AED14bn ($3.8bn) and Foreign Direct Investment projects worth AED6.8bn ($1.9bn), …