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Tag: tax

Posted on 26/08/2024

Historic high: UAE’s non-oil foreign trade tops Dhs1.4tn

The UAE’s non-oil exports to its top 10 trade partners rose by 28.7 per cent, while trade with all other nations increased by 12.6 per cent.

Posted on 26/08/2024

Abu Dhabi: How to apply for health insurance for orphans, people of determination under 18 years

In UAE, different sections of society can avail the benefits it needs to make life comfortable and convenient. A huge part of overall-well being is access ..

Posted on 26/08/2024

Mubadala co-invests in UCB’s mature business in China

Mubadala Investment Company (Mubadala), the Abu Dhabi based global investment company announced on Monday that in partnership with CBC Group, …

Posted on 26/08/2024

UAE’s ‘Brands for Less’ Sold 35% Stake for $360M

Lebanese-owned and UAE-based Brands for Less Group recently agreed to sell 35 percent of its stake in its off-price retail business to US-based TJX Companies for $360 million. Read More: Dubai Metro …

Posted on 26/08/2024

Customs seize 1.4 kg of gold smuggled from Sharjah to Coimbatore

As the flight arrived in Coimbatore around 3.50 a.m., Customs sleuths searched the aircraft. They found three packets concealed in the inner side panel of the aircraft. Each packet contained four gold …

Posted on 26/08/2024

SetupHero Offers Full Package Services for Business Relocation to Dubai

SetupHero.com, founded by Shiraz Waheed, facilitates business relocation to Dubai, capitalizing on favorable tax laws. The company offers …

Posted on 26/08/2024

The ‘Oscars of Bollywood’ are coming to Abu Dhabi

And this September, Bollywood returns to Abu Dhabi with a bang as the IIFA Awards roll out the red carpet once again. It’s the third instalment of the IIFA Awards in Abu Dhabi, and Etihad Arena is set …

Posted on 26/08/2024

Sharjah drub Dibba to start campaign in style as Al Ain thump Khorfakkan

Al Ain’s star striker, Kodjo, stole the show with a sensational hat-trick. The Togolese striker was nothing short of exceptional, as he showcased his clinical finishing and ability to find the back of …

Posted on 26/08/2024

UAE national carriers fly to 606 cities as travel demand soars

The UAE’s national carriers are expanding their destinations, driven by a strong growth in global tourism and business, and the resurgence in travel demand, with the General Civil Aviation Authority …

Posted on 26/08/2024

How Maalexi aims to help UAE businesses in cross-border food trade

Agricultural technology company Maalexi was founded by Azam Pasha and Rohit Majhi in 2021, realising the importance of food security in the UAE.The start-up, based in Dubai, Abu Dhabi and the US, is …

Posted on 26/08/2024

Abu Dhabi is betting on a $10 bn upgrade to get wealthy expats to move in

Abu Dhabi is undergoing a major transformation as it invests billions into new construction projects to boost tourism, diversify its economy, and attract global talent. The Guggenheim museum, set to …

Posted on 26/08/2024

Abu Dhabi is betting on a $10 bn upgrade to get wealthy expats to move in

Abu Dhabi is undergoing a major transformation as it invests billions into new construction projects to boost tourism, diversify its economy, and attract global talent. The Guggenheim museum, set to …

Posted on 26/08/2024

Can you smell art? Louvre Abu Dhabi curators share the scent of four artworks

In a broader artistic sense, we utilise our other senses to hear the music and touch the architecture, but rarely do we discuss how art smells.This conundrum was clearly on the minds of the curatorial …

Posted on 26/08/2024

Working in Abu Dhabi? How to sponsor residence visa for family

Have you shifted to Abu Dhabi for work, and want to bring your family here? Residents in the UAE can sponsor the residence visas of their family. If you are working in the private sector or freezone …

Posted on 25/08/2024

Macklemore says he canceled Dubai show over UAE arming Sudan paramilitary forces

In a post Saturday on Instagram, Grammy winner Macklemore said he had a series of people “asking me to cancel the show in solidarity with the people of Sudan and to boycott doing business in the UAE …

Posted on 25/08/2024

UAE: Federal Tax Authority renews registration for corporate tax before end of August 2024

The Federal Tax Authority (FTA) has renewed its calls for resident juridical persons with licences issued in June, irrespective of the year of issuance, to promptly submit their corporate tax …

Posted on 25/08/2024

No corporate tax for qualifying investment funds

Other income consists of net income that does not fall into the categories of exempt income, interest income, or income from immovable property in the UAE. As mentioned above, the QIF is exempt from …

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