Dubai, once a modest trading port, has undergone a remarkable transformation in recent decades, evolving into a global economic hub and a symbol of opulence. At the heart of this change lies the …
UAE Corporate Tax: Deciding which ‘asset’ cost can come up for a deduction
Let us now move a step closer to UAE corporate tax. Individuals conducting business in the UAE – with annual turnover of at least Dh1 million– would be required to undertake corporate tax compliance.
UAE generative AI investment will boost developing sector: World Economic Forum
The UAE Strategy for Artificial Intelligence aims to boost government performance at all levels, use an integrated smart digital system that can overcome challenges and provide quick efficient …
UAE Corporate Tax: Place of effective management deciphers tax residency for global companies
In a move to ensure a fair and transparent corporate tax regime, the UAE has laid down comprehensive guidelines for determining the tax residency of entiti..
The ‘Dubai of Brazil’ Is a Bet on a Future that Only Goes Up
At 12,624 reais ($2,580 USD), Balneario Camboriu has the most expensive real estate by average square meter in Brazil, according to FipeZAP, which tracks prices. The pandemic accelerated the momentum …
Dense fog blankets parts of UAE for 3 hours, lowest temperature recorded at 6.9°C
The NCM appealed to road users and motorists to exercise caution and follow traffic instructions, during the fog formation and low visibility.
UAE’s early investment in generative artificial intelligence ensures development of this promising sector
The UAE Strategy for Artificial Intelligence aims to boost government performance at all levels, use an integrated smart digital system that can overcome challenges and provide quick efficient …
Here Are 10 Fastest-Growing Nations For U.S. Imports In Last Decade
The fastest-growing major U.S. import trading partner over the last decade is not Vietnam, though it’s growth rate was 365%.
Dubai Customs’ ‘Munaseq’ AI initiative: Global accolades, 97% satisfaction, and seamless customs experience
Through the “Munaseq” initiative, customers can effortlessly obtain the HS Code for their goods in just 10 seconds …
OKX’s Middle East Business Wins Dubai Virtual Assets License
OKX Middle East Fintech FZE will be offering local currency trading pairs such as AED/BTC, AED/ETH, and more in the coming weeks, said OKX General Manager for MENA Region Rifad Mahasneh.
India using rupees to pay for gold imports from UAE: Govt source
The rupee settlement of trade between India and the UAE assumes significance, given that the two countries signed an MoU in July 2023 to set up a framework to use their respective local currencies to …
CCI okays Manipal Health Enterprises stake sale to Abu Dhabi investment arm
Fair trade regulator Competition Commission of India (CCI) on Monday cleared Seventy Second Investment Company’s proposed stake acquisition in Manipal Health Enterprises.
Pinsent Masons Gains Licence to Operate in Abu Dhabi
The move is the latest to highlight the UAE’s and Saudi Arabia’s growing importance to international law firms.
USA on podium at Abu Dhabi SailGP
New Zealand did the double in the UAE to secure back-to-back victories after winning the 2024 Abu Dhabi Sail Grand Prix on January 13-14 in Abu Dhabi.
BRED Abu Dhabi Festival Presented by Hypebeast Slated for Return This April
BRED Abu Dhabi, the contemporary neo-culture festival, has announced that it will return to Yas Island from April 24 to 28 to host its second annual edition. Following on from last year’s successful …
Federal Tax Authority recruits 134 Emirati talents to its team in 2023
The Federal Tax Authority (FTA) appointed 134 UAE citizens to its team in 2023, filling various specialised, technical, and administrative positions.The figure exceeds the FTA’s strategic targets in …
Joy for Abu Dhabi’s ‘Mall Millionaire’ raffle winner who almost threw away fortune
A paramedic who lives in Abu Dhabi has won Dh1 million ($270,000) in a raffle. Jordanian Mohammed Sameer, 42, was shopping in one of the capital’s malls when fate took a hand. Initially intending to …