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Tag: tax

Posted on 16/08/2024

Offshore driller takes a hit as managed rigs return to their owner

Dubai-based offshore driller Vantage has reported a significant drop in quarterly revenue and profit due to the migration of two managed deepwater rigs back to their owner. The company’s fleet …

Posted on 16/08/2024

Fans react to news Abu Dhabi will host World Surf League Championship Tour in 2025

The United Arab Emirates doesn’t spring to mind when you think of premiere surf destinations, but it will host the Championship Tour next year.

Posted on 16/08/2024

Major rig owner scales down 2024 outlook once again

Shelf Drilling swings into net loss in second quarter amidst leadership transition and Saudi Arabia rig cancellations …

Posted on 16/08/2024

Ex-Pinay nanny in Dubai becomes operations manager of Doha-based logistics firm

A former nanny who grew up in Surigao del Sur selling anything from ice candy to vegetables so she could get through school has just recently been appointed to head a Doha-based logistics company.

Posted on 16/08/2024

Mastercard collaborates with fintech start-up, Scale

Dubai, UAE: Mastercard has partnered with Scale, an issuer orchestration partner, to accelerate market deployment for fintech companies across Africa and the Middle East.

Posted on 16/08/2024

First-Ever Pro Surfing Contest Coming to Kelly Slater’s Abu Dhabi Wave Pool

Pro surfing is coming to the desert lands of Arabia. In a new announcement from the World Surf League, the Kelly Slater Wavepool, Surf Abu Dhabi, will be featured on the 2025 Championship Tour. When, …

Posted on 16/08/2024

First-Ever Pro Surfing Contest Coming to Kelly Slater’s Abu Dhabi Wave Pool

Pro surfing is coming to the desert lands of Arabia. In a new announcement from the World Surf League, the Kelly Slater Wavepool, Surf Abu Dhabi, will be featured on the 2025 Championship Tour. When, …

Posted on 16/08/2024

Two major surfing competitions are coming to Abu Dhabi

Abu Dhabi is about to join the likes of Hawaii, Australia, Fiji as two major surfing competitions are coming to town.

Posted on 15/08/2024

New tax norms spur UAE small firms towards digitisation

The introduction of VAT and Corporate Tax in the UAE has driven small and medium enterprises (SME)s towards digitisation and there has been a significant rise in automating their business operations …

Posted on 15/08/2024

Dubai’s RTA announces new outdoor advertising guidelines

Dubai will offer advertiser new options for outdoor advertising as it looks to balance safety with appealing design …

Posted on 15/08/2024

Dubai to lead GCC’s retail spending surge to $300b by 2028

Retail spending in the GCC is expected to rise by 37 per cent from 2022, reaching $300 billion by 2028 with cities in the region emerging as top global sho..

Posted on 15/08/2024

Women and money: Dubai-based restaurateur on why financial independence is a game changer

Vidisha Bathwal, 39, is an artisanal gourmet caterer and founder of Paprika Dubai. The Indian expat, who’s been in Dubai for four years, began her career a..

Posted on 15/08/2024

Dubai real estate sector shows signs of slowing down as off-plan sales outperform secondary market: experts

The real estate agency said that while Dubai’s market continues to perform steadily across most indicators, signs of stabilisation are emerging and the pace of growth is slowing, especially in the …

Posted on 15/08/2024

Business aviation movements at Dubai south continue to grow, record 7% increase in H1 2024

The Mohammed Bin Rashid Aerospace Hub (MBRAH) at Dubai South continues to achieve outstanding private jet movements, with 8,472 movements …

Posted on 15/08/2024

EOS-X SPACE: Luxury Space Flights are Set to Launch from Abu Dhabi Next Year

European space exploration firm, EOS-X SPACE, has unveiled plans to commence luxury space flights from Abu Dhabi as early as next year.

Posted on 15/08/2024

Abu Dhabi expands scope of freelancer licence; 30 new activities included

ADDED issued 1,013 freelancer licences, reflecting growing interest from individuals seeking to establish and operate their businesses …

Posted on 15/08/2024

Indian business leaders make it big in the UAE

The Indian diaspora in the UAE has been one of the most successful expat communities in the country. Historic ties between the two countries recently received a boost with the signing of the …

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