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Tag: tax

Posted on 21/03/2024

UK’s abolition of non-dom tax status: How Dubai stands to benefit

By April 2025, a revamped tax regime will take effect, stipulating that all foreign income and gains will become taxable after just four years of UK residence …

Posted on 21/03/2024

Dubai’s Parkin Jumps 31% on Debut After $429 Million IPO

Parkin Co. PJSC jumped as much as 31% in its Dubai debut after a $429 million initial public offering that received a record amount of demand.

Posted on 21/03/2024

Revealed: Top 4 child-friendly Dubai residential areas for families

Incidentally, these areas are the most preferred locations for property investors in the city because of their high rental demand …

Posted on 21/03/2024

UAE industrial growth: $51bn exports, manufacturing boom, Golden Visa incentives and more drive sector

“MoIAT also stimulated high-tech industries with financing solutions worth AED1.5bn ($408m) in 2023 alone. This has resulted in the growth of high-tech exports from AED2.9bn ($790m) in 2020 to …

Posted on 20/03/2024

UAE’s industrial exports have grown by Dh70 billion in 3 years: Sultan Al Jaber

T he UAE’s industrial exports have grown by more than Dh70 billion in the last three years, Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, said on W …

Posted on 20/03/2024

Ras Al Khaimah Customs foils two travellers’ bid to smuggle 11kg of narcotics

Ras Al Khaimah Customs stated that in the two incidents, the customs officers identified suspicious luggage and suspected two travellers of carrying contraband items.

Posted on 20/03/2024

Afghanistan beat Ireland by 57 runs, win T20 series in Sharjah

The Irish were unable to chase down a target of 156, with Omarzai’s four wickets for just nine runs helping bowl the tourists out for 98 inside 18 overs.

Posted on 20/03/2024

Dubai Aerospace Enterprise signs new USD 420 million 5-year unsecured term loan

Dubai Aerospace Enterprise Ltd (DAE) today announced that it has signed a USD 420 million 5-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) …

Posted on 20/03/2024

UAE: Set up a business in free zone in 6 easy steps

The Ministry of Economy changed the minimum age for a business to 18. Setting up a business in a UAE Free Zone is considerably easy, and can be done in just six simple steps, according to the UAE’s …

Posted on 20/03/2024

UAE’s industrial exports have grown by AED70 billion in 3 years: Sultan Al Jaber

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, affirmed that, since its establishment, the Ministry of Industry and Advanced Technology (MoIAT) launched numerous …

Posted on 20/03/2024

UAE offers tax registration support at service centres

UAE businesses can get support with Corporate Tax registration at Government Service Centres in the country. The Federal Tax Authority (FTA) has made the service to submit Corporate Tax registration …

Posted on 20/03/2024

UAE: Corporate Tax registration can be submitted at 23 government service centres

Enabling taxpayers to submit corporate tax registration requests through Government Service Centres allows them to register directly via the “EmaraTax” platform – a digital tax service that operates 2 …

Posted on 20/03/2024

UAE extends visa-on-arrival policy for these 87 countries

UAE’s Ministry of Foreign Affairs stated that citizens from 110 nations will be required to obtain a visa before arriving in the country.

Posted on 20/03/2024

Ramadan 2024: Dubai Police distribute over 71,000 iftar meals in first week

including the Department of Traffic Awareness, the General Department for Human Rights, Al Khawaneej Police Station, the Emirates Red Crescent, Dubai Charity Association, Dubai Customs, Dubai Digital …

Posted on 20/03/2024

Aster’s India and GCC business separation nearing completion

Aster DM Healthcare Limited, one of the largest and fastest growing integrated healthcare providers in GCC and India, on Wednesday announced that the separation of its India and GCC businesses and the …

Posted on 20/03/2024

Digital maturity to drive UAE’s economic growth, says ManageEngine president

Opportunities stress the need to assess one’s preparedness and adaptability, understand the impact on customers and business to constantly evolve and innovate to stay ahead of disruption,” he said.

Posted on 20/03/2024

UAE: Eshraq Investments shifts to consolidated loss in 2023

“We are very much looking forward to the announcement of our refreshed corporate strategy, which will create a new direction for our business and see us return to a position from which to create …

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