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Tag: tax

Posted on 22/01/2024

UAE: WED Innovation Lab kicks off in Abu Dhabi tomorrow

After the successful launch of WED at COP28, which effectively incorporated children’s early learning years into the global climate conversation, Abu Dhabi’s Early Childhood Authority, as part of the …

Posted on 22/01/2024

Dubai D33 agenda on track; GDP growth rises 3.3% from Jan-Sep 2023

It is also a reflection of Dubai’s favourable economic climate, robust world-class infrastructure, pro-business regulations and deep talent pool which together consistently draw in a diverse array of …

Posted on 21/01/2024

UAE posts growth in foreign investment projects in 2023: UNCTAD

The United Nations Conference on Trade and Development (UNCTAD) has announced that there was a noticeable increase of 28% in new foreign investment projects in the UAE during 2023 compared to the …

Posted on 21/01/2024

Dubai Integrated Economic Zones receives Johnson Controls Blueprint of the Future Award

The award was presented by Marc Vandiepenbeeck, Johnson Controls’ president for the EMEALA region to Abduljalil Al Abbasi, Senior Vice President of Planning and Design at DIEZ, as part of a COP28 …

Posted on 21/01/2024

Dubai Chambers holds 14 workshops on corporate tax

Dubai Chambers recently organised 14 training workshops on corporate tax that were aimed at increasing awareness in this area among the city’s business community. Designed to enhance the readiness of …

Posted on 21/01/2024

Emirati unit of Egypt-listed Maridive sells $40 mln marine asset

Egypt-listed Maridive and Oil Services announced that its subsidiary Ocean Marine UAE is finalizing a deal to sell a $40 million marine unit to settle a part of a $45.5 million debt to banks, …

Posted on 21/01/2024

Global fintech CoorB launches operations in Egypt, Saudi Arabia, UAE

Dubai-based global fintech company CoorB announced the launch of its operations in Egypt, Saudi Arabia, and the UAE, according to a statement on Sunday.

Posted on 21/01/2024

No plans to impose personal income tax, Saudi finance minister affirms

Image Credit: AFP Dubai: Saudi Arabia’s Finance Minister has unequivocally said that there are no intentions to impose income tax on individuals in the country. During an interview at the 2024 World …

Posted on 21/01/2024

Dubai Customs Issues 13 Key Policy Announcements in 2023

Dubai Customs reinforces transparency and efficiency with the release of 13 customs policy announcements in 2023. These updates inform stakeholders abou …

Posted on 21/01/2024

Dubai GDP expands 3.3% in 2023 as emirate pursues ambitious economic vision: Sheikh Hamdan

“Driven by the strategic vision of its leadership, Dubai has set an example for economic strength, resilience and innovation. With the dedicated efforts of our government teams and international …

Posted on 21/01/2024

Bike riders targeted in new safety drive by Sharjah Police

Awareness aboutcommon violations that cause accidents key focus of traffic campaign Sharjah: A road safety drive has been launched by Sharjah Police to raise greater awareness about common violations …

Posted on 21/01/2024

UAE: Is it mandatory for person leaving country to cancel company’s license?

Do I need to cancel the licence or will it expire on its own? Please advise. The UAE has several jurisdictions where a company may be registered. Since you have not mentioned the specific emirate, we …

Posted on 21/01/2024

UAE launches Global TradeTech Sandbox during World Economic Forum in Davos

The minister called on innovators in the field of global trade technology to visit the United Arab Emirates and benefit from its business environment to develop, refine, and disseminate their …

Posted on 20/01/2024

D-Day for the Telegraph: Will Abu Dhabi’s bid to buy the paper succeed?

George Osborne likes to boast that he is one of a select group of people who have visited the private Channel Island of Brecqhou. In 2006 the Tory MP for Tatton was a guest of the reclusive Barclay …

Posted on 20/01/2024

Abu Dhabi launches initiative to facilitate procedures for bereaved families

Sanadkom aims to simplify the customer experience and facilitate procedures for the families of the deceased to access government services and support them upon the passing of an Emirati family member …

Posted on 20/01/2024

Oilfield firm SLB tops profit views on international demand

SLB beat analysts’ estimates for quarterly profit on Friday as resilient offshore and overseas drilling activity buoyed demand for its oilfield services and equipment.

Posted on 20/01/2024

Dubai real estate: Property sales shatter records in 2023 with over 120,000 transactions, says new report

According to the recently released Dubai Real Estate Market Report for FY2023 by Betterhomes, residential sales transactions reached an all-time high of 120,742 for the year – a massive 38 percent …

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