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Tag: tax

Posted on 24/04/2025

Commercial Bank of Dubai Q1 net profit rises 18.1%

Commercial Bank of Dubai (CBD) on Thursday reported a net profit after tax result of Dh828 million for the first quarter of 2025, up 18.1 per cent against the prior comparative period. Strong growth …

Posted on 24/04/2025

‘Now You See Me Now You Don’t’ Unveils Abu Dhabi Shoot & Locations

EXCLUSIVE: Lionsgate has unveiled the Emirati capital of Abu Dhabi as a key shooting location for Now You See Me Now You Don’t.

Posted on 24/04/2025

Knicks, Sixers will play preseason games in Abu Dhabi next October

This will be the fourth consecutive year the league has held a preseason game in Abu Dhabi, last season, the Celtics and Nuggets played two games. This matchup is not the only overseas NBA preseason …

Posted on 24/04/2025

Hub71 records $2.17 billion in startup funding as Abu Dhabi rises among global tech hubs

Hub71, Abu Dhabi’s global tech ecosystem, on Thursday announced that in 2024, startups within its purview secured a record $2.17 billion (Dh8.02 billion) in funding; a 44.7% year-on-year increase from …

Posted on 24/04/2025

Sharjah highlights tourism excellence at Arabian Travel Market 2025

Sharjah is preparing to participate in the Arabian Travel Market (ATM) 2025, scheduled to take place from April 28 to May 1, 2025, at the Dubai World Trade Centre (DWTC). Sharjah pavilion, under the …

Posted on 24/04/2025

Oman’s history is rich, honourable and authentic, says Sharjah Ruler Sheikh Sultan

In an interview aired on Sharjah TV, His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, spoke with …

Posted on 24/04/2025

Bank of Sharjah approves consolidated financial statements for year ended December 31, 2024

Bank of Sharjah held its 52nd Annual General Assembly Meeting (AGM) on April 23, 2025. The meeting was chaired by MSalem Al Ghammai, Board member, and attended by members of the Board of Directors, …

Posted on 24/04/2025

Dubai’s residential sales up 22.4%, commercial deals rise 18.2% in Q1

Residential property sales increased by 22.4% year-on-year, with a 29.6% increase in the total value sold, driven by strong investor sentiment, rising population figures, and a steady flow of global …

Posted on 24/04/2025

EFG appoints Soha Nashaat as executive chair of Dubai subsidiary

Nashaat will be based in Dubai, reporting to Patrick Ramsey, head of EFG’s Continental Europe and Middle East region.

Posted on 24/04/2025

After Model Y, Tesla’s Cybertruck spotted in India: All you need to know

A Tesla Cybertruck, bearing Dubai plates, was spotted in Mumbai, suggesting a private import rather than an official launch. This sighting follows the …

Posted on 24/04/2025

Dubai CommerCity partners with qeen.ai and Portmind to accelerate AI adoption within the free zone

Partnerships announced during Dubai AI Week, held under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

Posted on 24/04/2025

Knicks, 76ers to play 2 preseason games in NBA Abu Dhabi Games 2025

LONDON AND ABU DHABI — The National Basketball Association (NBA) and the Department of Culture and Tourism — Abu Dhabi (DCT Abu Dhabi) today announced that The NBA Abu Dhabi Games 2025 will feature …

Posted on 24/04/2025

NBA going back to Abu Dhabi for pair of preseason games in October

The NBA is returning to the Persian Gulf next season. The league has announced that New York and Philadelphia will play preseason games on Oct. 2 and 4 in Abu Dhabi.

Posted on 24/04/2025

Knicks, 76ers chosen for Abu Dhabi preseason games

The Knicks and 76ers will play preseason games on Oct. 2 and 4 in Abu Dhabi, marking the fourth consecutive year that the NBA has played preseason games there.

Posted on 24/04/2025

Sixers to face New York Knicks in The NBA Abu Dhabi Games 2025

The Sixers and New York Knicks will participate in The NBA Abu Dhabi Games 2025, the league announced on Thursday morning, a pair of preseason contests slated for Oct. 2 and Oct. 4.

Posted on 24/04/2025

Dubai-based father-son duo: ‘Dubai is a Disneyland for entrepreneurs’

Dubai is a city where visions become reality — want proof? Look no further than German father-son duo,  Michael Menter and Jim Menter. They set up three entities: InvestMenter Real Estate LLC,  a real …

Posted on 24/04/2025

Why Dubai is becoming a launchpad for startups globally

The UAE has achieved a remarkable position among the top 10 countries with the most AI companies per million people …

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