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Tag: tax

Posted on 29/02/2024

UAE’s Adnoc leads national oil companies in low-carbon investment

Adnoc, Abu Dhabi’s state-run energy company, was the largest spender on low-carbon solutions among national oil companies last year, according to a report.This comes amid a sharp decline in low-carbon …

Posted on 29/02/2024

Abu Dhabi real estate: Residential sales in surge 83% with over 11,200 units sold in 2023

A total of 11,200 residential units were sold in Abu Dhabi, representing an 83 percent increase compared to the previous year The residential sector in Abu Dhabi saw massive growth in sales last year …

Posted on 29/02/2024

British hedge fund trader confesses to tax fraud in Danish court

COPENHAGEN (Reuters) – A British hedge fund trader on Thursday confessed in a Copenhagen court to helping defraud Danish tax authorities of around 8.4 … Sanjay Shah was extradited to Denmark from …

Posted on 29/02/2024

Mastercard and MTN Group Fintech partner to drive acceleration of mobile money ecosystem in Africa across 13 markets

The partnership is set to launch a prepaid virtual card tailored for MTN’s MoMo customers, granting them access to over 100 million acceptance points worldwide …

Posted on 29/02/2024

Dubai wants to build the biggest airport in the world. Here’s how that’s going

Dubai Airports, the airport authority that manages both Dubai … However, Griffiths has hinted to Business Traveller magazine about an intriguing modular approach to gradually expand DWC on a …

Posted on 29/02/2024

Why Parkin’s IPO slots perfectly into Dubai’s roadmap

The parking business’s stable demand, influenced by factors such as … The IPO of Parkin represents a significant development for Dubai’s capital markets and provides insights into the city’s …

Posted on 29/02/2024

Dubai VC firm COTU Ventures launches $54mln fund for MENA start-ups

Dubai-based venture capital firm COTU Ventures has secured $54 million for its inaugural fund that will back early-stage start-ups in the Middle East and North Africa (MENA) region.

Posted on 29/02/2024

Horizon expansion: Jumbo Offshore’s leap into Middle Eastern waters

Jumbo Offshore partners with Sea Horizon to represent and enhance offshore operations in the UAE, Qatar, and Saudi Arabia through a strategic MoU. Horizon expansion: Jumbo Offshore’s leap into Middle …

Posted on 29/02/2024

UAE: Entrepreneurs Share Their Ups And Downs At Investopia

From having eureka moments to struggling to find funding for years, several top entrepreneurs shared the ups and downs of their journey at the Inves …

Posted on 29/02/2024

Farmers’ Body Objects to Curbs on Agri Imports

Nizamabad: Telangana Turmeric Farmers Association president Kotapati Narasimham Naidu objected to the proposed 40 per cent imports of agriculture products, at the World Trade Organisation …

Posted on 28/02/2024

Look: Thought-provoking snaps from 400 international photographers on display in Sharjah

Each picture is also a testament to the photographer’s emotion, perspective and intention at the time he/she pressed the button to capture the moment …

Posted on 28/02/2024

Deloitte reports record real estate transaction levels in Dubai: Sales prices up 18% and rents up 26% in 2023

The Emirate preserves its status as a safe haven for investors, amidst geopolitical and economic headwinds in other global investment markets …

Posted on 28/02/2024

Rain, lightning and thunder expected in some parts of UAE till Friday

More clouds are expected to form gradually offshore and over the coasts … Light to moderate rains would fall on Abu Dhabi, and its intensity would increase with lightning and thunder at times on the …

Posted on 28/02/2024

Dubai International Chamber organises 1,800 business meetings to support global expansion of Dubai-based companies

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, successfully enhanced growth and expansion opportunities for companies operating in the emirate …

Posted on 28/02/2024

A pioneer event on Taxation: Insights about UAE Corporate tax and free zones

Taxation Society recently hosted a landmark event at India club, which brought together more than 300 tax experts, professionals, and businessmen to discuss the intricacies about UAE corporate tax and …

Posted on 28/02/2024

Deadlines for UAE Corporate Tax registrations explained: When, how Dh10,000 fine applies

Here are the deadlines as specified by the FTA: A person that is incorporated or recognised under the applicable legislation in the UAE, including a free zone person: Three months from the date of …

Posted on 28/02/2024

Dubai: Customs seize 26.45kg of marijuana hidden in red onion shipments

Dubai Customs seized 26.45kg of marijuana disguised in red onion shipments, the authority said on Wednesday. The authority conducted a thorough check on two different air freight shipments which …

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