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Tag: tax

Posted on 04/03/2024

Abu Dhabi Investment Authority Buys Shares Of This Indian Airline From Open Market; Do You Own?

Indian private airline SpiceJet has become the focal point of investor interest, with the Abu Dhabi Investment Authority (ADIA) making a strategic move by acquiring shares from the open market. A …

Posted on 04/03/2024

Hayward promotes island at Abu Dhabi conference

A government spokesman said that Jason Hayward attended Investopia in Abu Dhabi to highlight opportunities in Bermuda and discuss enhancements to Bermuda’s family-office framework. The spokesman said: …

Posted on 04/03/2024

Bodour Al Qasimi spearheads 3 projects in Sharjah’s eastern region

Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Shurooq, led a detailed trip to three upcoming project developments of the Sharjah Investment and Development Authority (Shurooq) in Sharjah’s …

Posted on 04/03/2024

Sharjah Ruler approves AED69.4 million to clear debts of citizens

In line with the directives of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, aimed at providing a stable and decent life for citizens …

Posted on 04/03/2024

India allows export of 64,400 tonnes of onions to UAE, Bangladesh

The Indian government allows the export of 64,400 tonnes of onions to the UAE and Bangladesh through NCEL of which 14,400 tonnes will go to UAE and th …

Posted on 04/03/2024

Abu Dhabi Investment Authority acquires SpiceJet shares from open market

The ownership of Foreign Institutional Investors (FIIs) in SpiceJet has witnessed a remarkable surge, increasing by 5.88 per cent, from 0.33 per cent in December 2023 to 6.21 per cent in February 2024 …

Posted on 04/03/2024

Dubai International Chamber hosts ‘In Focus’ event to support the expansion of Dubai-based businesses into Morocco and Senegal

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully hosted the latest edition of its …

Posted on 04/03/2024

Dubai International Chamber hosts ‘In Focus’ event to support the expansion of Dubai-based businesses into Morocco and Senegal

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully hosted the latest edition of its …

Posted on 04/03/2024

‘Victims of misfortune’: Dubai jeweller donates Dh1 million to free 900 prisoners ahead of Ramadan

In 1980, Firoz’s life changed when he married Rosina from Mumbai. Their honeymoon in Dubai sparked Firoz’s determination to start a jewellery business. In 1989, seizing the opportunity, Firoz obtained …

Posted on 04/03/2024

India permits 64,400 tonnes of onion exports to UAE, Bangladesh

The Indian government has allowed the export of 64,400 tonnes of onions to the UAE and Bangladesh through the National Cooperative Exports Ltd (NCEL), according to notifications from the commerce …

Posted on 04/03/2024

Nasser Al Neyadi appointed as CEO of Ports, Customs and Free Zone Corporation

DUBAI: Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs and Free Zone Corporation (PCFC), has issued a new decision appointing Nasser Al Neyadi as the new CEO of the PCFC.

Posted on 03/03/2024

Deferred tax may arise after effective date of tax law

This results in a portion of the prepayments being recognised as an expense each year in the financial records, whereas tax authorities typically allow the full prepayment amount as an expense when …

Posted on 03/03/2024

UAE fuel price hike: Fares increase for some Sharjah buses by up to Dh3

Sharjah bus fares have increased by as much as Dh3 in some routes since Friday (March 1) following a 17 fils hike in the price of diesel this month. Based on the fare matrix seen by, the bus fare from …

Posted on 03/03/2024

UAE Coast Guard rescues 4 people off Sharjah after their boat capsizes

The authorities said they are in stable health condition. The operation demonstrated the firm commitment of the National Guard units to enhancing national security and the safety of all citizens and …

Posted on 03/03/2024

Mohammed bin Rashid reviews UAE Government’s financial achievements and initiatives for 2023

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has reviewed the UAE Government’s financial achievements and initiatives for the …

Posted on 03/03/2024

Proudly UAE: Local brands leading the charge at Dubai International Boat Show

Exhibitors from the UAE shine as visitors from all around the world marvel at yachts and product displays by Gulf Craft, Dubai Police, Al Fajer and Dubai International Marine Club …

Posted on 03/03/2024

WTO’s 13th Ministerial Conference concludes with the Abu Dhabi Declaration, securing key trade and development agreements

WTO’s 13th Ministerial Conference was brought to a successful close with the adoption of the Abu Dhabi Declaration …

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