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Tag: tax

Posted on 04/10/2024

Dubai tops global foreign direct investment charts with $5.9bn of projects in H1; top countries and sectors revealed

Dubai maintains position as a world leader in Greenfield Foreign Direct Investment (FDI) projects for sixth half-year in a row …

Posted on 04/10/2024

UAE: Supermarkets see no major impact on food supply despite regional tensions

The country has been successfully producing fresh vegetables, thus boosting supply and giving consumers more affordable options …

Posted on 04/10/2024

Airfares from UAE to regional destinations, Europe rise as key air corridors get cut

The latest incidents unfolding in the region has led UAE travelers to delay or cancel all non-essential trips to Jordan, Lebanon, Iran, Iraq, Israel and Egypt for both leisure and business purposes.

Posted on 04/10/2024

Dubai Records Robust Business Expansion

Dubai recorded a robust expansion in business conditions across the non-oil private sector, defying the overall trend across the UAE that showed th …

Posted on 04/10/2024

From Dubai to Delhi: Passengers Caught Smuggling Unboxed iPhone 16 Pro Max at IGI Airport

Customs officials at Delhi’s Indira Gandhi International (IGI) Airport have seized 12 iPhone 16 Pro Max devices from a group of 4 passengers. The group was  trying to smuggle these iPhones from Dubai …

Posted on 04/10/2024

Nature reserves not parks or pastures: Sharjah Ruler

Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, stressed that the nature reserves in the emirate of Sharjah are not projects for people to walk in, but rather a …

Posted on 04/10/2024

Dubai leads globe in greenfield FDI projects, beating London and New York

Dubai remained the world’s top destination for greenfield foreign direct investment projects in the first half of 2024, despite challenging global economic conditions, a study has shown. The emirate …

Posted on 04/10/2024

69% of UAE businesses expect a cyberattack within a year, but only 49% feel prepared for it

New Cloudflare study reveals the extent that UAE businesses are at risk from imminent cyberattacks over the next 12 months …

Posted on 03/10/2024

Telangana Fintech entrepreneur honoured in Dubai

Srinivas Goud Rachakonda, native of Godkal village in Nizamabad was conferred the prestigious Icons of the UAE award for his rising prominence in investment banking and financial technologies …

Posted on 03/10/2024

New York’s Brooklyn Chop House, Founded By Don Pooh, Makes Its International Debut In Abu Dhabi, UAE

Abu Dhabi’s vibrant dining scene in the United Arab Emirates is getting a taste of New York City, NY, with the opening of Brooklyn Chop House at the W Abu Dhabi—Yas Island. According to a press release shared with AFROTECH™,

Posted on 03/10/2024

Dubai approves major Expo City masterplan: New $2.7bn exhibition centre, housing for 76,000 people, 5 distinct zones, DP World HQ and more

The plans play a crucial role in achieving the goals of the 2040 Urban Master Plan, in which Expo City is named as one of five key urban centres, as well as the Dubai Economic Agenda D33 which seeks …

Posted on 03/10/2024

XS.com: Leading the Way with Global Sponsorship at Dubai Forex Expo 2024

XS.com, the leading multi-asset fintech and financial services provider, is excited to announce its Global Sponsorship for th …

Posted on 03/10/2024

A Serbian reporter flew 5 hours to finally ask Nikola Jokic a question in Abu Dhabi. He wasn’t going to get elbowed out of the way.

Nikola Stojkovic wasn’t about to let himself get elbowed out of the way. He’d waited too long, traveled too far. He was posted up on the proverbial lower block, if Nikola Jokic was the basket. “I wanted to position myself well,

Posted on 03/10/2024

Future Blockchain Summit Returns to Global Web3 Hub

This year’s edition of Future Blockchain Summit, powered by GITEX Global, will bring together the global community at the iconic Dubai Harbour from October 13 to 16, 2024. This event will be held …

Posted on 03/10/2024

Sheikh Sultan attends graduation ceremony of Sharjah Marine Academy’s first batch

This was announced during His Highness’s speech on Thursday morning, at the graduation ceremony of the Academy’s first batch, which included 31 graduates, at the Academy’s theatre in Khorfakkan City.

Posted on 03/10/2024

UAE non-oil output growth expands at lowest rate in three years, S&P Global data shows

Business activity in the UAE continued to expand in September, although the pace of output growth in its non-oil private sector was the slowest in three years. The S&P Global PMI Index for the UAE …

Posted on 03/10/2024

UAE: Air Arabia resumes non-stop flights from Ras Al Khaimah to Jeddah

UAE airline Air Arabia on Thursday announced the resumption of its non-stop flights between Ras Al Khaimah and Jeddah, Saudi …

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