Tag: tax

UAE exports are projected to reach AED 2 trillion ($544.6 billion) by 2030, growing at an annual rate of 5.5%, surpassing the global rate. India will remain the emirates’ largest trading partner, with …

EGA produces some 1.2 million tonnes of carbon anodes every year at its own carbon plants in Jebel Ali and Al Taweelah, but the remainder of the company’s need is currently impo …

In collaboration with the Department of Municipalities and Transport (DMT), the Abu Dhabi Investment Office (ADIO) is inviting proposals for the design, build, maintenance and operation of a new “Al …

Adnoc Logistics & Services, the maritime logistics unit of Abu Dhabi’s main energy company, soared as much as 49% on its debut after its hugely oversubscribed $769 million initial public offering.

REUTERS/Toru Hanai DUBAI, June 1 (Reuters) – Shares in Abu Dhabi’s ADNOC Logistics & Services climbed 44.8% above their listing price on its market debut on Thursday, after raising $769 million in an …

Shares of Adnoc Logistics & Services surged as much as 51 per cent as the company made its debut on the Abu Dhabi Securities Exchange on Thursday. The shares, which started trading on the ADX under …

(Reuters) – Gemini will “soon” start the process of buying a crypto license to operate in the United Arab Emirates, and the team has met stakeholders throughout the region to learn more about local …

With similar business philosophies and strategies … of designs and furniture with exceptional Italian workmanship to the growing industry of the UAE and transform spaces with luxurious styling and …

The new Palm Jebel Ali will see the development of 80 new hotels. Dubai launches new Palm Jebel Ali masterplan, to be twice the size of Palm Jumeirah. D33, Dubai Economic Agenda, Dubai masterplan, …

In a strong show of support for local companies in the manufacturing sector, Emirates Development Bank (“EDB” or “the Bank”), the financial engine for UAE economic development and industrial …

In the first quarter of 2023, the Ministry of Economy imposed fines worth Dh65.9 million on 137 companies operating in the UAE’s designated non-financial business or professions (DNFBP) sector, …

His defenders argue that he is well-placed to oversee the negotiations given that he also is chairman of UAE renewables company Masdar. Business and policy professionals use PRO to monitor the …

It follows an inspection of 840 companies for failing to comply with the anti-money laundering and combating the financing of terrorism (AML/CFT) legislation.

Taxes are increasing across the Gulf, and the UAE is seeking to boost tax compliance as well as cut down on money laundering.

The United Arab Emirates said on Wednesday it was no longer taking part in operations by a U.S.-led task force protecting Gulf shipping, which has been subjected to renewed tanker seizures by Iranian …

Emirates Development Bank (EDB), the financial engine for UAE’s economic development and industrial advancement, has unveiled a comprehensive set of approvals for financing deals totalling AED424 …

Specializing in aluminum extrusion, OSE Industries produces specialty products including extruded microchannel tubes, Financing provided by EDB supports an expansion project, which aims to increase …