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Tag: tax

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 …

Posted on 22/09/2024

Sharjah-Europe Businesswomen Forum in Belgium from Tuesday

The second edition of the Sharjah-Europe Businesswomen Forum is set to commence next Tuesday, in Brussels, Belgium.

Posted on 22/09/2024

Sharjah-Europe Businesswomen Forum in Belgium from Tuesday

The second edition of the Sharjah-Europe Businesswomen Forum is set to commence next Tuesday, in Brussels, Belgium.

Posted on 22/09/2024

Sharjah starts plying electric buses on roads

The first phase approved by the Authority to operate 10 electric buses, depends on 3 destinations including the Emirate of Dubai, the Emirate of Ajman and the city of Al Hamriyah.

Posted on 22/09/2024

Dubai: New Dh750 million waterfront project launched

LMD, a leading real estate developer with global presence in Spain, Greece, Egypt, and the UAE announced the launch of its latest project, The Pier Residen..

Posted on 22/09/2024

Botim Launches MENA’s 1st ‘Send Now, Pay Later’ Service

Astra Tech, a consumer technology holding group based in Abu Dhabi, has launched the “Send Now, Pay Later” (SNPL) service through its Botim Ultra App. This feature enables users to send money …

Posted on 22/09/2024

Abu Dhabi events: Shah Rukh Khan, Coldplay, Backstreet Boys, Take That, Maroon 5, Eminem, Muse, A.R. Rahman, Bryan Adams, Andrea Bocelli and more

Abu Dhabi will cement its position as a major entertainment capital of the world with a season of A-list performances, shows and events in the coming months.

Posted on 22/09/2024

Sharjah announces first phase of inter-city electric buses’ operation

Sharjah aims to promote green public transportation and achieve environmental sustainability, according to SRTA. Earlier, Abu Dhabi launched ‘green’ buses that include both electr …

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