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Tag: tax

Posted on 23/09/2024

Dubai to transform events sector with $2.7bn Expo City expansion

Dubai will double the number of MICE events and take the sector revenue to AED54bn ($14.7bn) after announcing a major expansion of the Dubai Exhibition Centre (DEC) at Expo City Dubai.

Posted on 23/09/2024

Mohammed bin Rashid approves AED10 billion expansion plan for Dubai Exhibition Centre at Expo City Dubai

His Highness Sheikh Mohammed bin Rashid Al Maktoum Vice President Prime Minister and Ruler of Dubai today approved an AED10 billion expansion plan …

Posted on 23/09/2024

7 fun Dubai bars you can get away with wearing trainers

Without a doubt one of the trendiest bars in Dubai, Honeycomb Hi-Fi in Business Bay is a brilliant spot if you’re into music and want to head somewhere in a cool pair of trainers. This is by no means …

Posted on 23/09/2024

Dubai: Prypco disburses record $136mln mortgages in August

In addition to this accomplishment, Prypco has also set a new record for the highest single retail mortgage disbursal, worth AED48.5 million …

Posted on 23/09/2024

How one Dubai company is retrofitting petrol cars into new EVs

As the world embraces electric vehicles, addressing what to do with petrol-powered cars at the end of their life cycle is becoming increasingly important. Zach Faizal, founder of Peec, believes he has …

Posted on 23/09/2024

How one Dubai company is retrofitting petrol cars into new EVs

As the world embraces electric vehicles, addressing what to do with petrol-powered cars at the end of their life cycle is becoming increasingly important. Zach Faizal, founder of Peec, believes he has …

Posted on 23/09/2024

Can a desert city be liveable? Dubai scales green spine concept as developers eye ‘eco-friendly’ projects in harsh climate

The Eco-Business Podcast speaks to Marwa Nahlawi, general manager at Diamond Developers, the firm behind the ‘Sustainable City’ project, to discuss what liveability and true sustainability mean for …

Posted on 23/09/2024

China Aoyuan’s Shares Rally After UAE Investor Multi Gold Becomes Builder’s Top Shareholder

(Yicai) Sept. 23 — Shares of China Aoyuan Group skyrocketed after the property developer said Multi Gold Group, an investment firm from the United Arab Emirates, has become its new largest …

Posted on 23/09/2024

UAE President hails ‘deep bonds of friendship’ on Saudi Arabia’s 94th National Day

President Sheikh Mohamed has hailed the UAE’s deep bonds of friendship with Saudi Arabia as the country marks its 94th National Day.“On the occasion of Saudi National Day, I extend my congratulations …

Posted on 23/09/2024

SGX targets Dubai expansion to follow hedge funds

LONDON – Singapore Exchange (SGX) is eying expansion into Dubai, drawn by the surge of hedge funds that have settled in the United Arab Emirates.

Posted on 23/09/2024

UAE trade deal to remove tariffs, boost market’s value

In a move welcomed by the NFF, an agreement has been signed which will see the UAE remove tariffs on more than 99pc of the products it imports from Australia. ..Read More …

Posted on 23/09/2024

TSMC, Samsung mull building big chip factories in UAE: Report

Two of the world’s largest chipmakers, TSMC and Samsung Electronics, have discussed building potential chip projects in the United Arab Emirates in coming years which could be worth more than $100 …

Posted on 23/09/2024

Saving you from double trouble – the concept of foreign tax credits

A common query we receive among businesses within UAE having presence outside the UAE is “With the implementation of UAE corporate tax law, do we have to pay taxes on our foreign income twice? i.e.

Posted on 23/09/2024

Emirati Human Resources Development Council signs MoU with Jebel Ali Free Zone Authority to strengthen Emiratisation initiatives

Aims to establish a framework aimed at increasing the employment of Emirati nationals in companies operating within Jafza …

Posted on 22/09/2024

Damen Shipyards to build versatile workboats in UAE

Damen Shipyards has started a construction of three shallow draft multipurpose support vessels at Albwardy Damen in the UAE, in anticipation of an increase in offshore and dredging activity. The …

Posted on 22/09/2024

Dubai Customs Triumphs Globally with Five-Star Excellence Award for Government Communication

Dubai Customs, through its Corporate Communication Department, has won the prestigious International Best Practice Competition …

Posted on 22/09/2024

Sharjah introduces ten new electric buses on intercity routes

Sharjah is gearing up for a greener future after introducing ten new electric buses to serve three major intercity routes. The emirate’s Roads and Transport Authority said on Sunday the fleet was now …

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