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Tag: tax

Posted on 05/04/2024

Exploring the Dubai Property Market – Details for Investors Globally

Dubai, which is usually termed the crown jewel of the United Arab Emirates, has long captivated the world with its soaring skyscrapers, opulent lifestyle, and thriving business environment. In recent …

Posted on 05/04/2024

World Health Day: DP World driving Dubai’s global healthcare and pharmaceutical hub

Abdulla Al Hashmi of DP World highlights how the company’s flagship zone is driving a 17% growth and attracting global giants. World Health Day: DP World driving Dubai’s global healthcare and …

Posted on 05/04/2024

Commercial Bank International leads investment round in generative AI fintech zypl.ai

Our partnership with zypl.ai, an innovative AI platform, signifies a strategic entry into using AI implementation for advanced credit scoring: Ali Sultan Rakkad Al Amri, CEO of CBI …

Posted on 05/04/2024

Common air cargo rate set for Jebel Ali, Dubai airport

in the Jebel Ali Free Zone have agreed to a common rate for Jebel Ali and Dubai International Airport despite the 50-kilometre distance between them. Airlines using Dnata Cargo’s Freezone Air …

Posted on 05/04/2024

Dolphin Energy shortlists bidders for three major offshore EPC contracts

Dolphin Energy Limited (DEL) today published a short-list of qualified bidders for the three Engineering, Procurement & Construction (EPC) packages which make up the offshore element of the Dolphin …

Posted on 05/04/2024

Abu Dhabi to launch Al Fahid island this year

The project entails a new waterfront development between Yas Island and Saadiyat Island …

Posted on 05/04/2024

UAE online trading firm CFI becomes official partner of Saudi Super Cup

CFI said as a prominent player in the UAE’s online trading sector, it is honored to support one of the most significant sporting events in MENA, further reinforcing its reputation as an industry …

Posted on 05/04/2024

Sending money to India from UAE? Rupee remains nears all-time low of 22.71 to dirham

Indian currency remains soft as dollar spikes and RBI leaves interest rates intact It’s advantage NRIs in the UAE and Gulf as the rupee trends lower. Since March 22, it’s hit lowest ever points of …

Posted on 05/04/2024

Startup Spotlight: UAE-Based Finanshels Offers A Dedicated Finance Team At Affordable Cost

It is therefore to solve problems central to this issue -and specifically for small and medium enterprises (SMEs)- that UAE-based fintech startup Finanshels came into being.”At Finanshels, there are …

Posted on 05/04/2024

Foreign subsidiary in UAE: PAEL approves incorporation

KARACHI: The Board of Directors of Pak Elektron Limited has approved the incorporation of a wholly owned foreign subsidiary in the UAE, subject to all applicable regulatory approvals. The new …

Posted on 05/04/2024

Dubai South and Aldar break ground on new logistics facility

Dubai South and Aldar have partnered to develop a Grade A logistics complex near the Al Maktoum International Airport. Ground has now officially been broken on the facility, which when complete will …

Posted on 04/04/2024

Standard Chartered, Old Mutual fintech arms to launch UAE wealth management platform

The new wealth platform will be headquartered in the UAE, the Middle East’s financial hub, providing access to advanced budgeting, savings and investment solutions for users in the Middle East, Africa …

Posted on 04/04/2024

Mother of the Nation Jiu-Jitsu Cup begins in Abu Dhabi on Friday

The two-day championship offers a platform for leading jiu-jitsu clubs and academies in the UAE to compete for the sought-after title while also presenting an opportunity for girls of varying age …

Posted on 04/04/2024

Dubai’s new law mandates 20 percent annual tax on foreign banks operating in emirate

(MENAFN) Dubai recently introduced a new tax law mandating a 20 percent annual tax on foreign banks operating within the emirate, a move experts believe will have positive implications for lenders and …

Posted on 04/04/2024

UAE Federal Tax Authority wants businesses’ feedback to better its processes

Image Credit: Supplied Dubai: Running a business in the UAE? Got a suggestion to make on the corporate tax processes or any of the other tax related matters in the UAE? Then, send those suggestions to …

Posted on 04/04/2024

The Middle Eastern island giving Dubai a run for its money

Some, like former Liverpool legend Steven Gerrard, live in Bahrain; others, such as Brazilian striker Neymar and French forward Karim Benzema, come to spend their weekends in this tiny island state …

Posted on 04/04/2024

Denys Boiko: GCC poised to lead the way in fintech

For investors and innovators, the opportunities across the GCC around fintech are there to be seen and to be seized upon.” —Ahmed Al-Farsi is a professional writer based in Dubai, specializing in …

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