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Tag: tax

Posted on 27/02/2024

Dubai Government to Offer 25% Stake in Public Parking IPO

The Dubai government plans to sell a 25% stake in the city’s public parking business in an initial public offering, pushing ahead with a privatization plan to boost its capital markets. The Dubai …

Posted on 27/02/2024

Dubai’s Parkin to sell 24.99% stake in IPO, Gulf News reports

The RTA raised $1 billion from the sale of a 25% stake in toll-road operator Salik in 2022 and another $315 million in December from the sale of another 24.99% stake in Dubai Taxi Corporation, its …

Posted on 27/02/2024

Parkin IPO: Will Dubai get more paid parking areas? RTA official clarifies

Following its announcement of launching an initial public offering (IPO) on Tuesday, the Parkin PJSC is looking to expand its business by “exploring multiple opportunities with private developers …

Posted on 27/02/2024

Dubai Culture celebrates Burj Rashid’s 45th anniversary, showcasing its rich history

It reflects the vision of the late Sheikh Rashid of transforming a remote location into the prime hub for business, networking, and trade in the region. Dubai Culture invites all Emirati and UAE-based …

Posted on 27/02/2024

Dubai real estate leads the global wave of change as sustainability surges

According to recent reports, Dubai already ranks third among global cities within … Madhav Dhar is a data-driven business management professional who has led a versatile and high-achieving career …

Posted on 27/02/2024

Oil India to organise Global Partner Road Show in Abu Dhabi

In a fueling display of ambition and strategic foresight, Oil India Limited, India’s oldest exploration and production company and the youngest Maharatna CPSE of India, has announced its first-ever …

Posted on 26/02/2024

Hubpay Unveils Digital Global Currency Account for UAE

The financial technology firm and the first independently licensed company in the UAE to offer digital payments, Hubpay, is gearing up to launch its digital global currency account.[1]   Read More: …

Posted on 26/02/2024

Expert View: How to maximise tax efficiency and minimise liabilities

In the complex landscape of corporate taxation, businesses are constantly seeking ways to optimise their tax strategies and enhance their bottom line. One ..

Posted on 26/02/2024

DIEZ, du partner to expand free zone’s portfolio of competitive features and incentives

Dubai Airport Free Zone (DAFZ), part of Dubai Integrated Economic Zones (DIEZ), and du, part of Emirates Integrated Telecommunications Company, …

Posted on 26/02/2024

SAFEEN Offshore expands subsea service capabilities with acquisition of new vessel

SAFEEN Group continues to expand its fleet of vessels as part of an ambitious growth programme that looks to deliver a comprehensive range of services across shipping, transshipment, offshore, subsea …

Posted on 26/02/2024

Experience thrills inside ring as Rising Stars Arabia 3 returns to Abu Dhabi

Abu Dhabi is set to host the much-anticipated third instalment of “Rising Stars Arabia”, a renowned boxing series that showcases emerging Arab boxing talent to a global audience. Scheduled for …

Posted on 26/02/2024

Emirates cabin crew wrestle ‘drunk’ business class passenger to floor after headbutt

A business class passenger on a flight from Dubai was wrestled to the ground and restrained with zip ties after headbutting a flight attendant. The man, who is said to have been drunk at the time, was …

Posted on 26/02/2024

The UAE As The Nexus Of Global Family Business

One of those nodes is the UAE. Increasingly, it is becoming a central node—one that business leaders globally can learn from. Business leaders should take note, in no small part, because it not only …

Posted on 26/02/2024

UAE: 4 types of residency visas that allow expats to work

The expat community is growing rapid in the Emirates, and is attributed to residence visa changes and civil law reforms …

Posted on 26/02/2024

Abu Dhabi Plans Eurobond Sale to Join Emerging-Market Debt Rush

Abu Dhabi is looking to tap international debt markets soon, according to people familiar, selling what would be the emirate’s first bond since 2021 to join a flurry of issuance by emerging economies …

Posted on 26/02/2024

Dubai Investments: Embedding sustainable practices in business

The group is future-proofing its business while contributing to a sustainable economy In an era where corporate responsibility and sustainability have become central to business practices, Dubai …

Posted on 26/02/2024

Rizwan Sajan: From Dubai’s 1% Man to 101 levels

Rizwan Sajan, the founder and chairman of Danube Group, is famous for being the “1 per cent man in Dubai”, but he’s reaching fresh heights with his company’s latest tower project …

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