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Tag: tax

Posted on 31/07/2024

UAE: How to check if a business is eligible for 0% corporate tax

Free-zone companies are not automatically exempted from corporate tax; certain conditions will apply, say experts …

Posted on 31/07/2024

More UAE students take up business courses to become ‘job creators’ not job-seekers: Experts

Demand in entrepreneurship courses in the UAE are on the rise with universities recording at least a 25-30 per cent rise in enrolments in the last five years. That’s according to academicians in the …

Posted on 31/07/2024

Abu Dhabi’s Zayed International Airport posts 33.8% rise in first-half passenger traffic

Passenger traffic at Abu Dhabi’s Zayed International Airport rose 33.8 per cent annually in the first half of 2024, exceeding expectations as it attracted new airlines and expanded its destination …

Posted on 31/07/2024

Dubai records 55.7 million taxi rides in 6 months; 40% of trips booked online

Dubai’s taxi sector registered an increase of about 400,000 trips in the first six months of 2024 as compared to the same period last year, the Roads and T..

Posted on 31/07/2024

Abu Dhabi’s Borouge posts 33% jump in second quarter profit

Abu Dhabi petrochemicals firm Borouge on Wednesday reported a 33% jump in second-quarter net profit, beating estimates, on the back of higher production volumes and efficiencies.

Posted on 31/07/2024

UAE to evacuate 85 sick Palestinians, 63 relatives to Abu Dhabi

The Ministry of Foreign Affairs of the United Arab Emirates on Tuesday announced an urgent initiative to evacuate 85 sick Palestinians including cancer patients in need of extensive treatment and 63 …

Posted on 31/07/2024

Afghanistan, South Africa set to play three ODIs in September in Sharjah

South Africa and Afghanistan are set to play their first-ever bilateral series, with three ODIs scheduled in Sharjah between September 18 and 22. The Afghanistan Cricket Board (ACB) will host the …

Posted on 31/07/2024

Ease of Doing Business in the UAE

Expanding its presence in the Middle East, airpay has identified the UAE as a promising landscape for growth. Renowned for its business-friendly environmen..

Posted on 31/07/2024

Dubai real estate: Property developer announces new luxury Samana Avenue project in Dubailand

Samana Developers has unveiled its latest project, ‘Samana Avenue’, in the Dubai Land Residence Complex located at Dubailand …

Posted on 31/07/2024

UFC Abu Dhabi Fight Card Preview, Odds & Predictions: Ferguson Vs. Chiesa

Everything you need to know about the UFC Abu Dhabi bout between Tony Ferguson and Michael Chiesa, which takes place on Saturday on ABC.

Posted on 31/07/2024

UK millionaires flee to Dubai amid tax hikes and economic uncertainty

The United Arab Emirates (UAE) is poised to retain its status as the world’s premier destination for wealthy individuals, with a record net inflow of 6,700 millionaires expected by the end of 2024, …

Posted on 31/07/2024

Dubai Firms Take Control of LNG Tankers Earmarked for Russia

The changes in ownership suggest the emergency of a ‘shadow’ of LNG tankers linked to the Russian trade and with Dubai as their nexus.

Posted on 31/07/2024

UAE Raises Capacity at Offshore Oilfield as It Aims for 5 Million Bpd by 2027

ADNOC has increased oil production at its SARB field by 25% through the implementation of AI technology, bringing the UAE closer to its target of 5 million bpd by 2027.

Posted on 30/07/2024

UAE’s well-timed LNG expansion [Global Gas Perspectives]

Qatar and the US were best-placed to capitalise on the global shortage of LNG. But the UAE will join them in expanding its capacity, after cutting domestic gas demand to free up supplies for export.

Posted on 30/07/2024

UAE evacuates 85 severely injured and sick Palestinians to Abu Dhabi

Gaza The UAE has evacuated sick and severely injured Palestinians from the Gaza Strip to Abu Dhabi as part of an operation in association with the World Health Organisation. Eighty-five Palestinians, …

Posted on 30/07/2024

UAE and World Health Organisation to initiate urgent medical evacuation of 148 Palestinians to Abu Dhabi

She underlined that to date, the UAE has welcomed 709 patients from Gaza, along with 787 of their family members, to receive medical treatment. This follows the directives of His Highness Sheikh …

Posted on 30/07/2024

Want to apply for UAE’s Green Visa? Here are 4 conditions you need to fulfil

Green Residence Visa provides 5 benefits to expatriates, including the right to sponsor family members, according the ICP.

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