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Tag: tax

Posted on 08/09/2023

UK-based property investment firm Knight Knox launches in Dubai

The Dubai office will also expand to cover the entire Middle East region, including the UAE, Saudi Arabia, Bahrain, and Qatar, the firm said …

Posted on 08/09/2023

Lady R report: Why has the UAE entered the equation late in the day?

It’s felt that the ‘executive summary’ of the inquiry into the Lady R docking has raised yet more questions, one of which is the sudden appearance of the United Arab Emirates.

Posted on 07/09/2023

UAE non-oil trade with G20 countries reach $341 billion last year: Minister

“G20 countries are the UAE’s largest trading partners, accounting for 43% of its non-oil exports, 39% ofr e-exports, and 67% of imports,” the minister explained. “These strong trade and investment …

Posted on 07/09/2023

Abu Dhabi exchange announces $1.5bn TAQA listing

Abu Dhabi Securities Exchange (ADX) announced the secondary listing of Abu Dhabi National Energy Company (TAQA) dual-tranche $1.5bn bonds on its main market.

Posted on 07/09/2023

UAE to host business leaders and philanthropists at Cop28 forum

The Cop28 summit in the UAE will host an international group of business leaders, philanthropists and policymakers as part of a forum to mobilise action and advance progress around net zero and nature …

Posted on 07/09/2023

UAE: AD Ports Group secures 12 prestigious Stevie International Business Awards

Abu Dhabi [UAE], September 7 (ANI/WAM): AD Ports Group has emerged triumphant by taking home 12 Stevie Awards across various categories in The International Business Awards 2023. Recognised as the …

Posted on 07/09/2023

European Commission head to demand UAE to stop illegal trade with Russia – Bloomberg

The head of the European Commission, Ursula von der Leyen, will increase pressure on the United Arab Emirates (UAE) to limit the export of sanctioned goods to Russia, according to Bloomberg. Von der …

Posted on 07/09/2023

UK firm to launch operations in UAE

The Ministry of Economy has announced that Zencargo, a UK-based pioneer in digital freight forwarding, is the latest company to join its NextGenFDI program.

Posted on 07/09/2023

UAE non-oil trade with G20 nations worth $341bn

The UAE saw $341bn of trade with countries in the G20 last year, according to official figures. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said that trad …

Posted on 07/09/2023

Abu Dhabi Airports and Abu Dhabi Customs sign agreement to reinforce service excellence

Abu Dhabi Airports announced the signing of a service level agreement (SLA) with the General Administration of Customs, to reinforce service levels, and enhance the passenger journey as well as the …

Posted on 07/09/2023

Abu Dhabi Police arrest two over possession of 5kg of cocaine

Two men in Abu Dhabi have been arrested for being in possession of five kilograms of cocaine, authorities said. The suspects, one Latino and the other an Arab, had allegedly planned to distribute the …

Posted on 07/09/2023

Global Fintech Fest 2023: Talent Biggest Challenge for Dubai Fintechs: Mohammad Alblooshi, CEO, DIFC Innovation Hub

Talent is now the biggest challenge for fintechs in Dubai ,” said Mohammad Alblooshi, CEO, DIFC Innovation Hub. In the initial days, access to capital and access to markets were some of the challenges …

Posted on 07/09/2023

Abu Dhabi’s ADNOC Gas signs LNG deal worth up to $550mln with PetroChina

ADNOC Gas plc, a subsidiary of the state energy company Abu Dhabi National Oil Company, on Thursday said it has signed an agreement valued at between $450 million and $550 million to supply liquefied …

Posted on 07/09/2023

Dubai Business Women Council launches new initiative to support female entrepreneurs

The Dubai Business Women Council (DBWC) announced the launching of a new initiative – ‘Industry Insight’ – to bolster support for female entrepreneurs and businesswomen across the emirate. The Council …

Posted on 07/09/2023

UAE expats: Selling your property abroad? What you need to know about ‘capital gains tax’

Image Credit: Shutterstock Dubai: As an expat, wherever you choose to live or reside across the world, it is common to come across the term ‘capital gains tax’, particularly when selling your …

Posted on 07/09/2023

US presses UAE over dual-use goods fueling Russia’s war

US officials, along with their counterparts from the European Union and United Kingdom, are visiting the UAE this week to discuss the Gulf country’s financial dealings with Russia.

Posted on 06/09/2023

Religious leaders to take part in Abu Dhabi summit on road to Cop28

Faith leaders will come together in Abu Dhabi in the lead-up to Cop28 to highlight the crucial role the world’s religions can play in the fight against climate change. The global summit, held under …

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