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Tag: tax

Posted on 14/05/2024

Import prices up for 4th month in April on higher oil prices

South Korea’s import prices rose for a fourth consecutive month in April due to an increase in oil prices and the Korean won’s decline against the U.S. dollar, central bank data showed Tuesday. The …

Posted on 13/05/2024

Mubadala Energy makes second gas discovery offshore Indonesia

Mubadala Energy, Abu Dhabi, UAE, has discovered gas from the Tangkulo-1 exploration well, drilled on the South Andaman license, about 65 km offshore North Sumatra, Indonesia.

Posted on 13/05/2024

The role of tax treaties in transforming corporate tax landscape in UAE

This scenario often triggers double taxation, where two nations levy taxes on the same income based on the rule of residence and rule of source.While the primary purpose of double taxation avoidance …

Posted on 13/05/2024

Dubai tourist visa extension: Fees, process, everything you need to know

The visa extension fee is Dh600, in addition to the five per cent value added tax. Sign up or log in to the General Directorate of Residency and Foreigners Affairs Dubai (GDRFA) app. Go to the …

Posted on 13/05/2024

Gold prices in Dubai Today Monday, May 13, 2024

Gold prices in Dubai, the United Arab Emirates (UAE) today, Monday, May 13, opened at a selling price of AED 8,637.46 per ounce, according to UAEgoldprices.com.24-karat gold rates in UAE TodayThe …

Posted on 13/05/2024

Vantage Drilling: Proposed TotalEnergies Joint Venture Addresses Debt Issues – Hold

Vantage Drilling (VTDRF) is facing some near-term headwinds as two rigs are currently undergoing expensive shipyard projects. See why I rate the stock a hold.

Posted on 13/05/2024

Dubai Customs secures prestigious ISO certification for unwavering business continuity amidst crises

This endeavor aims to ensure the sustained provision of business operations and services with optimal efficiency …

Posted on 13/05/2024

UAE confirms that its markets are free of non-halal Mars products

The Authority stressed the importance of the consumer public having confidence in the quality of food sold in local markets, whether of local production or imported, as all food products traded are …

Posted on 13/05/2024

DET and Emirates partners to elevate Dubai’s position as a leading global business destination

The strategic partnership will see both entities come together to promote Dubai’s robust business ecosystem, strategic location, unparalleled connectivity to key catchment regions, business-friendly …

Posted on 13/05/2024

United Fintech opens office in Dubai’s DIFC

United Fintech has opened a new office in the Dubai International Financial Centre (DIFC) in a move spearheaded by subsidiary Athena.

Posted on 13/05/2024

India’s imports from FTA partners up 38 pc during 2019-24 fiscal years: GTRI

India’s imports of goods from countries with which it has a free trade agreement like the UAE, South Korea, and Australia grew about 38 per cent during 2019-24 fiscal years to USD 187.92 billion, …

Posted on 13/05/2024

Ultimate expat guide to moving to the UAE with Careful Hands Movers

Navigate your move to the UAE effortlessly with our comprehensive guide for expats. Get insights on culture, employment, and living options, and experience a smooth …

Posted on 13/05/2024

India’s imports from FTA partners including UAE, South Korea, Australia up 38% between 2019-24: GTRI

India’s imports of goods from countries with which it has a free trade agreement like the UAE, South Korea, and Australia grew about 38 per cent during 2019-24 fiscal years to USD 187.92 billion, …

Posted on 13/05/2024

United Fintech expands global presence into UAE with new office in DIFC

United Fintech is increasing its global presence with the opening of a new office in the Dubai International Financial Centre (DIFC). This strategic expansion into the UAE, spearheaded by Athena, one …

Posted on 13/05/2024

Dubai toll-gate firm Salik’s Q1 profit rises marginally to $75mln

Dubai toll operator Salik reported a marginal increase of 0.7% year-on-year (YoY) in net profit to 277 million dirhams ($75.42 million) for the first quarter of 2024 following the implementation of …

Posted on 13/05/2024

Asia’s Top Salary Hotspots: UAE, Qatar, and Kuwait

Qatar, and Kuwait secure top positions in Asia for their generous average salaries. With an average salary of $51,390, the UAE takes second place, closely followed by Qatar with $50,868, and Kuwait …

Posted on 13/05/2024

India’s imports from FTA partners up 38 percent during 2019-24 fiscal years: GTRI

On the other hand, the country’s exports to the FTA (free trade agreement) partners rose 14.48 per cent to USD 122.72 billion in 2023-24 from USD 107.20 billion in 2018-19.

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