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Tag: tax

Posted on 06/02/2024

UAE imports nearly EUR 33mln in Italian dentistry products in 2023

With a consistent Compound Annual Growth Rate (CAGR) of +3% over the last decade, Italy’s dental exports sector demonstrates robust growth, increasing by 64% post-pandemic. Between 2021 and 2022, …

Posted on 06/02/2024

Naomi Osaka bagelled by Danielle Collins as Abu Dhabi Open defeat proves rival correct

Naomi Osaka suffered her third loss in a row as she crashed out in the opening round of the Abu Dhabi Open. The four-time Grand Slam champion continued her comeback at the WTA 500 event but it was a short-lived stint for Osaka, who went out 7-5 6-0 to …

Posted on 06/02/2024

Emma Raducanu blasts past Marie Bouzkova to win Abu Dhabi opener

Emma Raducanu turned on the style to blow Marie Bouzkova off the court in the first round of the Abu Dhabi Open.

Posted on 06/02/2024

Maqta Gateway acquires majority stake in Dubai Technologies

AD Ports Group announced today that Maqta Gateway, its digital arm and enabler of cutting-edge trade digitalisation solutions, has acquired a 60 percent equity stake in Dubai Technologies, a trade and …

Posted on 06/02/2024

Maqta Gateway buys 60pc of Dubai Technologies for $7.6m

Maqta Gateway, AD Ports Group’s digital arm, has acquired 60% equity stake in Dubai Technologies, a Dubai-based trade and transportation solutions’ developer for AED28 million ($7.6 million). The …

Posted on 06/02/2024

UAE’s Ras Al Khaimah poised for multi-sector investment boom in 2024

An investment boom is expected across several industries this year following the Wynn casino announcement and as Ras Al Khaimah’s economic diversification efforts attract foreign investors …

Posted on 06/02/2024

My Dubai Salary: ‘I earn Dh7.4 million a year as an entrepreneur’

Entrepreneur Ivan Kroshnyi has learnt some valuable financial lessons since setting up his first computer and office supply business in Ukraine at the age of 16. While the business made him a …

Posted on 06/02/2024

The New Status Symbol for UAE’s Elite: Luxury Lifestyles and Second Passports

Written by Veronica Cotdemiey, CEO, Citizenship Invest The United Arab Emirates (UAE) has always been a magnet for …

Posted on 06/02/2024

Passengers from Dubai ferried to domestic terminal instead of international

MUMBAI: In a case of a security breach, some passengers of a Vistara flight from Dubai to the city were taken to the domestic terminal instead of inte.

Posted on 06/02/2024

Dubai foodie frenzy: 14 delights you can’t miss!

Dubai’s diverse restaurants offer something for everyone, whether you crave classic Italian fare, unique Japanese fusion, or a taste of vibrant Mexico. New menus Starting February 1, Prime68 …

Posted on 05/02/2024

Sharjah Ruler opens 18th Nabati Poetry Festival

His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, opened the activities of the 18th edition of the Sharjah Nabati Poetry Festival, on Monday, which is …

Posted on 05/02/2024

Red Sea Danger Spurring Global Oil Buyers to Go Local

In Asia, a jump in demand for Abu Dhabi’s Murban crude led to a spike in spot prices … The fragmentation will not be permanent, but for now it’s making it tougher for import-dependent nations like …

Posted on 05/02/2024

Dubai DET inks deal to accelerate the emirate’s innovation roadmap

The Dubai Department of Economy and Tourism (DET) signed an agreement of intent with Microsoft, the US multinational technology giant, to accelerate the emirate’s innovation roadmap.

Posted on 05/02/2024

Are UAE Residents Permitted to Use VPN in the Country?

Residents in the UAE have the authorization to utilize Virtual Private Networks (VPNs), according to Muhammad Al Kuwaiti, the Head of Cybersecurity for the UAE Government. Read More: The Right Way …

Posted on 05/02/2024

Is Dubai’s property market surge fuelled by Indian investors?

Indian investors have put in around $1.6 billion in Dubai’s real estate market between 2020 and the first half of 2023.

Posted on 05/02/2024

Red Sea Crisis: India turns to West Asia to replace US oil supply

The US has been among India’s top-five crude suppliers for some time now, with domestic refiners buying an average of 205,000 barrels per day (bpd) of US crude in 2023. However, in the first month of …

Posted on 05/02/2024

Oil Market Sees Temporary Fragmentation amid Red Sea Dangers

Militant attacks in the Red Sea and surging freight rates make oil supplies from closer to home more attractive.

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