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Tag: tax

Posted on 02/05/2024

Dubai Aerospace Enterprise revenue grows by 9% to $343.6 million in Q1, 2024

Ltd announced a 9% increase in its total revenue to $343.6 million during the first quarter of the current year compared to the same period of 2023.The financial results for the three months ended on …

Posted on 02/05/2024

US sanctions Chinese, UAE firms for aiding Moscow’s war; US bans import of Russian enriched uranium

The US on Wednesday announced sanctions on nearly 300 companies and individuals, including in China and the United Arab Emirates, for alleged support of Russia’s invasion of Ukraine.

Posted on 02/05/2024

Ukraine Business Roundup — No more border blockades, for now

Polish farmers finally ended their protests at the Hrebenne-Rava-Ruska border crossing on April 29, effectively lifting a blockade that had gone on for months, damaged Polish-Ukrainian relations, and …

Posted on 02/05/2024

Australia grants feasibility licences for offshore wind farms

Australia on Wednesday gave the go-ahead for six projects to study the feasibility of building wind farms in waters off its southern coast as it looks to ramp up renewable energy to meet its net zero …

Posted on 02/05/2024

UAE: Ports, customs, and free zone corporation implements precautionary measures to tackle potential impact of weather conditions

In light of the expected weather conditions in Dubai, the Ports, Customs, and Free Zone Corporation (PCFC) announced it has temporarily suspended accepting requests for the entry and departure of …

Posted on 01/05/2024

Dubai: Entry, departure of wooden dhows temporarily suspended due to unstable weather

In light of the unstable weather conditions in Dubai, the Ports, Customs, and Free Zone Corporation (PCFC) on Wednesday announced that it has temporarily s..

Posted on 01/05/2024

“Avoid Beaches, Drive With Caution”: Dubai Gets ‘Unstable’ Weather Alert

The Dubai Police issued a public safety warning this evening due to expected unstable weather conditions.”Please stay away from the beaches and do not sail, avoid valley areas, torrential rains, and …

Posted on 01/05/2024

Ports, Customs, and Free Zone Corporation implements precautionary measures to tackle potential impact of weather conditions

In light of the expected weather conditions in Dubai, the Ports, Customs, and Free Zone Corporation (PCFC) announced it has temporarily suspended accepting requests for the entry and departure of …

Posted on 01/05/2024

Sharjah Ruler’s Court mourns Tahnoun bin Mohammed Al Nahyan

The Court of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, mourned the passing of Sheikh Tahnoun bin Mohammed Al Nahyan, Abu Dhabi Ruler’s …

Posted on 01/05/2024

DET to bring together Dubai’s tourism ecosystem at Arabian Travel Market 2024

Dubai Department of Economy and Tourism (DET) will showcase the emirate’s innovative and diverse destination offering by bringing together 129 key partners and stakeholders to demonstrate the city’s collaborative spirit at the 31st edition of the …

Posted on 01/05/2024

Dubai ruler approves new $35 billion airport terminal

Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum approved a new passenger terminal in Al Maktoum International airport worth 128 billion AED ($34.85 billion), he said on Sunday in a post on X.

Posted on 01/05/2024

UAE rain: public and private sector to work from home on Thursday May 2 due to severe weather

The Ministry of Human Resources and Emiratisation (MoHRE) has advised private sector companies to apply flexible and remote work patterns on Thursday May 2, to maintain the health and safety of their …

Posted on 01/05/2024

India-UAE CEPA registers increase of 16 percent growth in bilateral trade

Beyond direct trade, the CEPA has facilitated numerous investment benefits, fostering a deep sense of confidence and ambition within both the UAE and Indian business communities. All images – Credit: …

Posted on 01/05/2024

Federal Tax Authority conducts first specialised workshop on Corporate Tax treatment of income from real estate

The Federal Tax Authority (FTA) held a physical awareness workshop focused on Corporate Tax treatment of income from real estate, underscoring the importance of the real estate industry as a …

Posted on 01/05/2024

Dubai Municipality launches ‘Run Your Project’ awareness series to empower citizens in residential construction journey

This initiative underscores Dubai Municipality’s commitment to facilitating and streamlining the housing construction process while prioritizing customer satisfaction and happiness …

Posted on 01/05/2024

What the UAE’s weather warning means for your food deliveries

The Abu Dhabi Police has issued a warning against bike usage during the expected downpour on Thursday. The warning covers both bike transportation and bike deliveries during the volatile weather …

Posted on 01/05/2024

New manufacturing facility to boost electric vehicle ecosystem in Abu Dhabi

The Abu Dhabi Department of Economic Development (ADDED) has signed a Memorandum of Understanding (MoU) with Emirates Global Industries – Alfahim Group to ..

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