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Tag: tax

Posted on 09/05/2024

Dubai: Parkin to build multi-level parking spaces for motorists during unstable weather

The provider may also expand its services to privately owned developments and centres, including shopping malls and commercial hubs …

Posted on 09/05/2024

Euroseas strikes first deal with UAE-based lender to fund newbuildings

Euroseas, a US-listed owner of 26 container ships, has struck its first financing deals with the National Bank of Fujairah (NBF) for two of its newbuildings. The UAE-based lender has extended a $22.5m …

Posted on 09/05/2024

CESTAT Chennai Invalidates UAE Car Valuation Based on Australian Prices

Further, the assessable value was re-determined by the adjudicating authority under Customs Valuation Rules, 2007, due to doubts about the declared value. The adjudicating authority used the value of …

Posted on 09/05/2024

In Graphics l Which countries are importing Indian mangoes the most?

The mango is one of the most sought-after fruits in the world. With more than 20 metric tonnes exported in 2022-23, India is growing its mango footprint. The UAE, the UK, Qatar, Oman and Nepal have em …

Posted on 09/05/2024

Abu Dhabi is adopting a Dark Sky policy – here’s how it will impact you

Abu Dhabi is adopting a Dark Sky policy to decrease light pollution – but how will it impact you and your home?

Posted on 09/05/2024

Antonia will soon be opening a third location in Abu Dhabi

The capital’s favourite trattoria is back again… Exciting times are on the way for Antonia and its perenially-hungry fan base in Abu Dhabi, as its third exciting opening is nearly here, at The …

Posted on 09/05/2024

Sharjah celebrates 4 Mauritanian writers in Nouakchott

The Minister of Culture, Youth, Sports and Relations with Parliament of the Islamic Republic of Mauritania, His Excellency Ahmed Sayed Ahmed Agg, appreciated Sharjah’s efforts in supporting Arab …

Posted on 09/05/2024

Sharjah Ruler issues administrative decision forming BoT of SPAA

H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued administrative decision No. (4) of 2024 on the formation of the Board of Trustees (BoT) of the …

Posted on 09/05/2024

UAE: Adnoc Distribution net profit surges to $150 million

Adnoc Distribution, the UAE’s largest fuel and convenience retailer, said on Thursday that its first quarter net profit saw a robust 13 per cent year-on-ye..

Posted on 09/05/2024

Dubai ‘incredibly good’ at welcoming guests with new experiences, says top Hyatt executive

I also think that Dubai is incredibly good at welcoming guests back each and every time with a new experience – it is exciting,” the Hyatt executive told Arabian Business at the 2024 edition of the …

Posted on 09/05/2024

Dubai: Parkin Revenues Up 8% In Q1 But Down By Dh4 Million In Q2 Due To Weather Disruption

higher interest expense and the introduction of a 9 per cent corporate tax rate for UAE companies from January 1. Parkin’s operations and services were minimised following the unprecedented weather in …

Posted on 09/05/2024

Gold prices in Dubai Today Thursday, May 9, 2024

Gold prices in Dubai, the United Arab Emirates (UAE) today, Thursday, May 9, opened at a selling price of AED 8,505.89 per ounce, according to UAEgoldprices.com.24-karat gold rates in UAE TodayThe …

Posted on 09/05/2024

First wind turbine installed at Baltic Eagle offshore wind farm

The first of a total of 50 wind turbines has been successfully installed at the 476MW Baltic Eagle offshore wind farm, a joint venture between Abu Dhabi Future Energy Company – Masdar, the UAE’s clean …

Posted on 09/05/2024

Baltic Eagle Offshore Wind Farm Begins Installation, Targets 475,000 Homes with Renewable Energy by 2024

The Baltic Eagle offshore wind farm, a joint venture between Iberdrola and Masdar, has installed its first turbine, marking the beginning of the fi …

Posted on 09/05/2024

‘Dubai is a place we can keep learning from’: Goa Tourism Minister

In an exclusive interview with Arabian Business, Rohan Khaunte – the Minister of Tourism of Goa – discussed why ATM 2024 is important for Goa, upcoming plans and ‘regenerative’ and ‘responsible’ touri …

Posted on 09/05/2024

How Dyuti Parruck Is Helping Unlock Dubai’s Growth Potential for the ‘Golden Visa’

The allure of Dubai’s real estate market has reached unprecedented heights in recent years, attracting investors and homebuyers from around the globe. Fueled by a robust economy, enticing investment …

Posted on 09/05/2024

Dubai: Parkin revenues up 8% in Q1 but down by Dh4 million due to weather disruption

Parkin Company, the sole registered an 8 per cent increase in revenues in the first quarter of the year. This was driven by an increase in public parking revenue, issuance of seasonal permits, and …

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