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Tag: tax

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 …

Posted on 24/04/2025

Dubai will continue to attract tourists amid tariff wars, global tensions, say officials

Media reports said that some foreigners are avoiding travelling to the US due to immigration crackdowns and tariff impositions, especially from European countries and Canada …

Posted on 24/04/2025

Dubai’s D33 Vision: Building the Best City to Visit, Live, and Work

If you look at the way Dubai was built over time, I have always said that not having oil was a blessing, because it really has forced us to be entrepreneurial. Indeed, over the past 50 years, Dubai …

Posted on 24/04/2025

DUBAI PROPERTIES: ACC identifies Saifuzzaman, Nafeez Sarafat among 72 Bangladeshis

The Anti-Corruption Commission has identified 72 individuals, including former land minister Saifuzzaman Chowdhury and former Padma Bank chairman Chowdhury Nafeez Sarafat, in connection with alleged …

Posted on 24/04/2025

Here’s what Dubai’s new public health law covers

Public and private sector entities are required to cooperate fully with authorities and share data relevant to public health under the law …

Posted on 23/04/2025

PayPal expands in MENA with new Dubai hub serving 80 countries

Speaking from the Dubai AI Festival 2025 today, Suzan Kereere, President of Global Markets at PayPal, said: “PayPal is uniquely positioned to bridge the gap between consumers and businesses for …

Posted on 23/04/2025

Sharjah property sector zooms as realty deals reach Dhs13.2b

Shamsi, Director General of the Sharjah Real Estate Registration Department, stated: “The qualitative leaps witnessed by Sharjah’s real estate are a fundamental pillar in the comprehensive and …

Posted on 23/04/2025

UAE insurance market expected to witness 20% growth

Listed insurers reported a 21 per cent surge in insurance revenue for 2024, driven by premium rate hikes in motor and property lines and strategic mergers and acquisitions.

Posted on 23/04/2025

Saudi Arabia Joins UAE and Qatar in Offering Tourist VAT Refunds

Saudi Arabia has a new regulation allowing tourists to claim refunds on the 15% value-added tax (VAT) paid on eligible goods and services.

Posted on 23/04/2025

Money laundering: ACC seeks tax records of 70 Bangladeshis holding Dubai golden visa

The properties in Dubai were allegedly purchased using funds laundered through Swiss banks and other foreign financial institutions …

Posted on 23/04/2025

Emirates looking for Cork cabin crew with tax-free salary and amazing perks

Emirates Airlines are coming back to Cork again as the company seeks to recruit more cabin crew to come live and work in Dubai for a tax-free salary. The world’s largest international airline is …

Posted on 23/04/2025

Discover Das Island Abu Dhabi: A Hidden Gem of the Emirates

Located about 160 kilometers northwest of Abu Dhabi, Das Island Abu Dhabi stands as a vital cornerstone in the UAE’s oil and gas sector. Despite being remote and largely off-limits to the public, this …

Posted on 23/04/2025

Sharjah real estate transactions hit $3.6bn in Q1; top neighbourhoods and investor nationalities revealed

Sharjah real estate transaction value hit AED13.2bn ($3.6bn) during the first quarter of 2025, marking a 31.9 per cent increase compared to AED10bn ($2.72bn) during the same period in 2024. The number …

Posted on 23/04/2025

Best’s Market Segment Report: Operating performance of UAE insurers remains resilient despite unprecedented rains

In its Best’s Market Segment Report, “Operating Performance of UAE Insurers Remains Resilient Despite Unprecedented Rains,” AM Best notes in the face of changes in the nature and frequency of …

Posted on 23/04/2025

Meydan Free Zone launches ‘Fawri’ — The UAE’s fastest 60-minute business license solution

Dubai, UAE – Meydan Free Zone has officially launched Fawri, a groundbreaking new service that enables entrepreneurs to obtain a complete business license in just 60 minutes. This innovative platform …

Posted on 23/04/2025

UAE ranks among top global AI contenders, says BCG report

Mapping the Region’s Readiness for an AI-Driven Future’, places the UAE in the ‘AI Contender’ category alongside 31 other economies, including Saudi Arabia …

Posted on 23/04/2025

Most UAE firms pause hiring in first quarter as corporate tax and costs add up

Most companies in the UAE paused hiring in the first quarter of 2025, choosing instead to operate with existing staff, according to recruitment company Cooper Fitch.The country recorded a 1.25 per …

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