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Tag: tax

Posted on 18/06/2024

UAE to attract 6,700 new millionaires this year with Golden Visas and zero-income tax as rich Indians, Brits and Africans plan moves

The UAE will attract more new millionaires this year than any other country, according to the Henley Private Wealth Migration Report 2024. Millionaires from the UK, India and Africa re being lured by …

Posted on 18/06/2024

Dubai Customs recycles almost 22 million counterfeit items in five years

Dubai Customs is working with brand owners on a recycling initiative for seized counterfeit goods, in an effort to help protect the environment.

Posted on 18/06/2024

UAE’s GDP set to get boost from collaborations with Nasdaq giants

The UAE’s significant investment in US AI startups … and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands (as revised) with …

Posted on 18/06/2024

Tens of thousands of millionaires are leaving their home countries for the UAE

Don’t miss out on the headlines from Business. Followed categories will be added to My … millionaires while China and India will lose 15,200 and 4,300 respectively. Dubai is the place to be if you …

Posted on 18/06/2024

Sharjah Charity International distributes 165,000 sacrifices in UAE, overseas

More than 165,000 individuals in the UAE and around the world have benefited from the distribution of sacrificial meat that Sharjah Charity International (SCI) has carried out. There are 29,600 …

Posted on 18/06/2024

UAE among top 10 competitive countries in the world, survey finds

The UAE moved up three places to seventh position in the annual IMD World Competitiveness Ranking this year, as the Arab world’s second-largest economy continues to grow amid its diversification …

Posted on 18/06/2024

Disney on Ice is Coming Back to Abu Dhabi on These Dates!

If you’re a Disney fan or just looking to create lasting memories with your family, this event is for you. Disney On Ice is bringing the magic to Abu Dhabi with their spectacular show “Let’s Celebrate …

Posted on 18/06/2024

Brad Pitt Formula One movie gets June 2025 release date – with filming continuing at this year’s British Grand Prix and Abu Dhabi season-ender

Production of the movie began last year and will continue through this season’s British Grand Prix and at several other races, including the season-ender in Abu Dhabi. The cast also includes Kerry …

Posted on 18/06/2024

“There is no success without a certain level of obsession:” Shangri-La Abu Dhabi’s director of operations

Ellen Porrmann opens up on her journey so far, how she plans to measure success in her new role, mentors, management style and more. “There is no success without a certain level of obsession:” Shangri …

Posted on 18/06/2024

Fisher Investments valued at nearly $13B as it sells stake to Advent, Abu Dhabi

The firm’s founder and executive chairman, who is worth an estimated $5 billion, said the agreement would guarantee the firm’s ‘independence’ if he ever decides to stand …

Posted on 18/06/2024

Dubai: Inside the Dh2 million facility that checks clean air in Jebel Ali

T ucked away in the corner of Jebel Ali, among big factories, is a small structure called an air quality monitoring station. But let the size not fool you, because this station can measure 101 types …

Posted on 18/06/2024

Need to reassess concession on gold, silver imports under FTA with UAE: GTRI

India needs to reassess tariff concession on gold and silver imports from the United Arab Emirates (UAE) under its India-UAE Comprehensive Economic Partnership Agreement (CEPA), as the massive surge …

Posted on 18/06/2024

Brookfield-Led Group Buys Stake in Dubai School Operator GEMS

A consortium led by Brookfield Asset Management Ltd. is investing in GEMS Education, a Dubai-based family business founded by Indian immigrants who turned a single school into one of the world’s …

Posted on 18/06/2024

PTTEP to acquire Wintershall’s interest in Abu Dhabi Ghasha concession

PTT Exploration and Production Public Co. Ltd. (PTTEP) has agreed to acquire Wintershall Dea’s 10% participating interest in the Ghasha ultra-sour gas concession offshore Abu Dhabi in the United Arab …

Posted on 18/06/2024

Gold, silver import surges 210% from UAE in 2023-24

India’s gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 210 per cent to $10.7 billion in 2023-24 and there is a need to potentially revise the concessional …

Posted on 18/06/2024

India’s import of gold, silver from UAE rises 210% to $10.7 billion in 2023-24: GTRI

India’s imports of gold and silver from the UAE – its Free Trade Agreement (FTA) partner – increased a whopping 210 per cent to $10.7 billion during 2023-24, while overall imports declined 9.8 per …

Posted on 18/06/2024

GTRI flags surge in gold, silver imports from UAE

The UAE is not a producer of any of these metals. It imports high-purity gold bars and converts it into unwrought gold for export to India.

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