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Tag: tax

Posted on 03/05/2024

Dubai’s business park operator posts 15% rise in Q1 2024 profit

Dubai business park operator TECOM Group posted a 15% year-on year (YoY) rise in Q1 2024 net profit to 293 million dirhams ($79.8 million) due to demand from new and existing customers. Revenue …

Posted on 03/05/2024

UAE’s April non-oil business activity slows sharply on flood impact, PMI shows

DUBAI, May 3 (Reuters) – Growth in the United Arab Emirates’ non-oil business sector eased to its lowest level in eight months in April, a survey showed, as companies felt the impact of the country’s …

Posted on 03/05/2024

Dubai’s culinary scene heats up with new restaurant openings and delicious deals

Dubai and Abu Dhabi are serving up a smorgasbord of exciting … is set to take your lunch break to a whole new level with the launch of its sensational Business Lunch experience. Available daily from …

Posted on 03/05/2024

Properties in Dubai South gain interest from buyers amid plans for massive new airport

While new areas are now gaining interest, the traditional favourites like Dubai Marina, Downtown Dubai, Jumeirah Village Circle, Business Bay and Palm Jumeirah “remained of interest” for potential …

Posted on 03/05/2024

Fly Business Class to Dubai from £1,126 with Lufthansa and SWISS

Lufthansa and SWISS have brought back their flight deals to Dubai. From UK airports, you should be able to find a return fare in Business Class for around £1,126.

Posted on 02/05/2024

‘I am moving – that is it’: tycoon speaks out about the end of non-dom tax status

Entrepreneur Bassim Haidar says ending the break is self-defeating as total UK tax take will fall amid an exodus of the super-rich …

Posted on 02/05/2024

UAE and Iran agree to bolster economic ties and trade co-operation

The UAE and Iran have agreed to bolster economic ties and promote co-operation in sectors including tourism, transport, entrepreneurship and renewable energy. The two countries held the first session …

Posted on 02/05/2024

Dubai Customs Clinches Two Prestigious Global Awards for Governance Excellence

Dubai Customs has been honored with two prestigious awards from the Global Good Governance (3G) Awards, recognizing its outstanding …

Posted on 02/05/2024

ISNR Abu Dhabi 2024 Supreme Organising Committee discusses preparations for 8th International Exhibition Session

The Supreme Organising Committee of the International Exhibition for National Security and Resilience “ISNR Abu Dhabi 2024”, organised by the ADNEC Group in collaboration with the Ministry of Interior …

Posted on 02/05/2024

UAE President receives condolences from Rulers of Sharjah, Umm Al Quwain, Representative of Sultan of Oman

Condolences were also offered to Sheikh Mohamed bin Zayed Al Nahyan at Qasr Al Mushrif in Abu Dhabi by Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah; Sheikh Sultan bin Ahmed …

Posted on 02/05/2024

Dubai real estate transactions up 45% to $8.7bn, study reveals popular areas and off-plan investment boom

Dubai real estate continues to thrive, with sales transactions up more than 45 per cent last month, according to Property Finder. The property platform has revealed its market performance highlights for April 2024, offering valuable insights into the real estate landscape.

Posted on 02/05/2024

UAE’s Masdar signs agreement to explore wind projects in Bahrain

Abu Dhabi clean energy company Masdar has signed an agreement with Bapco Energies to explore the development and investment in wind projects in the kingdom with a capacity of up to 2 gigawatts.The …

Posted on 02/05/2024

UAE: NMDC’s subsidiary awarded $653mln project contract

Abu Dhabi – National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company (NMDC), was awarded a project contract valued at $653.17 million. The ADX-listed company …

Posted on 02/05/2024

REVE Chat to Participate in the Dubai Fintech Summit 2024 to Showcase its Versatile Customer Engagement Platform for BFSIs

REVE Chat aims to engage with global leaders in fintech, artificial intelligence, blockchain, cybersecurity, digital solutions …

Posted on 02/05/2024

UAE and Korea to enhance mutual collaboration in trade and business

The announcement came following a successful visit to the capital, Seoul, as part of DMCC’s Made for Trade Live global trade roadshow where it highlighted the advantages of doing business in Dubai.

Posted on 02/05/2024

Keeping it in the family: Innovation opportunities spark entrepreneur dream for Dubai couple

How Cristian Lanzanova and Austeja Brasiunaite found each other and founded their thriving marketing, communications and events company post Expo 2020 …

Posted on 02/05/2024

Dubai records 45.11% YoY increase in sales transactions, reaching AED 32bln in value revealed by Property Finder

Dubai Marina, Downtown Dubai, Jumeirah Village Circle, Business Bay, and Palm Jumeirah remained of interest for those looking to own an apartment. The top areas searched to rent apartments were Dubai …

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