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Tag: tax

Posted on 14/03/2024

Exclusive: Indian banks halt silver imports as duty differential spurs private trade

MUMBAI, March 14 (Reuters) – India’s banks have stopped silver imports after private traders bought large volumes of the precious metal from the United Arab Emirates to benefit from a lower duty, a …

Posted on 14/03/2024

Indian banks halt silver imports. Here’s why

India’s banks have stopped silver imports after private traders bought large volumes of the precious metal from the United Arab Emirates to benefit from a lower duty. The Comprehensive Economic …

Posted on 14/03/2024

Banks halt silver imports amid duty differential exploitation by private traders

Indian banks have stopped silver imports after private traders procured large quantities of the precious metal from the United Arab Emirates (UAE) to exploit a duty differential, according to five …

Posted on 14/03/2024

The Princess Royal Makes a Graceful Appearance at Dubai Offshore Sailing Club; Appreciates the Boost of Water Sports in the UAE

Her Royal Highness The Princess Royal visited the Dubai Offshore Sailing Club (DOSC) during her visit to Dubai on Friday, 1st March 2024. As President of the Royal Yachting Association (RYA), The …

Posted on 14/03/2024

Dubai Customs launches 11 diverse community initiatives during Ramadan

Dubai Customs remains dedicated to backing its voluntary and community endeavours throughout Ramadan, catering to diverse societal groups and its workforce. The department consistently amplifies its …

Posted on 14/03/2024

Former Ajax player Quincy Promes gets arrested in Dubai, set for extradition

Former Ajax player Quincy Promes finds himself in legal trouble once again as he faces arrest in Dubai and extradition to the Netherlands …

Posted on 14/03/2024

Sharjah’s ‘Ramadan Nights 2024’ begins 21 March

The event, organised by the Centre with the support of Sharjah Chamber of Commerce and Industry (SCCI), will run from 21st March to 10th April …

Posted on 14/03/2024

UAE becoming the global epicentre of crypto resurgence, says Phoenix Group boss

The UAE is leading the global resurgence in crypto, according to Phoenix Group co-founder and group managing director Munaf Ali. Speaking to Arabian Business, Ali said: “What is happening here is …

Posted on 14/03/2024

Dubai’s Majid Al Futtaim Retail Business Hurt By Gaza War

One of Dubai’s largest family conglomerates said its retail division, which operates the Carrefour brand in the Middle East, has taken a hit amid currency crises in countries like Egypt and a boycott …

Posted on 14/03/2024

Dubai real estate: ‘Minimal risk of bubble’ say property experts as 3 new communities expected to fuel off-plan demand

Dubai real estate investors are awaiting opportunities as new community announcements are set to see further expansion. As off-plan sales continue to dominate the market, Dubai is poised to witness …

Posted on 14/03/2024

Dubai’s Parkin prices IPO at top of range, raises $427.5 mln

DUBAI, March 14 (Reuters) – Dubai’s Parkin, which oversees public parking operations in the Emirates, has raised 1.57 billion dirhams ($427.5 million) after pricing its initial public offering (IPO) …

Posted on 14/03/2024

Explore opportunities in UAE, Kenyan business leaders told

Business leaders in Kenya are being pushed to change their perspective of Dubai and the United Arab Emirates (UAE) as just a luxury vacation spot to a country with a wealth of economic potential. The …

Posted on 14/03/2024

Dubai World Trade Centre receives 2.47 million visitors in 2023

Dubai World Trade Centre (DWTC) has welcomed 2.47 million participants in 2023, marking a 25% increase in visitation compared to the previous year.The results were driven by 301 Meetings, Incentives, …

Posted on 14/03/2024

Mitgo Group Expands into Fintech with Embedded Acquisition

Mitgo Group has acquired UAE-based finance platform Embedded. This step marks Mitgo’s entry into the affiliate marketing sector, which saw expenditures surpass $14.4 billion in 2023 and is projected …

Posted on 14/03/2024

Look: UAE expat gets rare access to Barakah plant to complete iconic photo collection

He received the invite after KT reported his quest and, now, finally has a photograph of every landmark that appears on the UAE’s currency notes …

Posted on 14/03/2024

China’s Middle East investment ‘pivot’ highlighted by mega UAE desalination plant

A water desalination plant in the United Arab Emirates highlights China’s ongoing move towards the Middle East and North Africa amid ongoing geopolitical tensions.

Posted on 14/03/2024

Dubai’s DWTC announces record 2.47mn visitors in 2023

The increased visitor number was attributed to the 301 meetings, incentives, conferences, exhibitions and events held in 2023 …

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