RemotePass will use the funds to drive the company’s market expansion, supercharge its award-winning app, scale operations, and unlock a wave of product innovation — all designed to empower businesses …
Fake number lands ADIA in tax trouble
Like most non-resident Indians, who don’t own an Indian phone connection, one UAE fund decided to use a fake phone number to file for a tax exemption with Income Tax authorities only to be rebuffed.
Federal Tax Authority Hosts Hackathon to Present Cutting-Edge Concepts and Initiatives for Enhancing Tax Services
As part of its participation in the UAE Innovation Month, The Federal Tax Authority (FTA) organised a high-powered Hackathon at Dubai Youth Hub in the Emirates Towers. Co-hosted with SAP, a technology …
Abu Dhabi gears up to host the third annual Forbes 30/50 summit during International Women’s Day
Abu Dhabi, UAE: Kicking off today, the third annual edition of the Forbes 30/50 Summit is returning to Abu Dhabi, scheduled to take place from March 5 to 8, 2024, at The Saadiyat Rotana Resort & …
UAE’s non-oil sector signals strong upward momentum
B usiness activity across UAE’s non-oil sector rose at the fastest pace in nearly five years in February after a slowdown in January, helped by a rise in output and business con …
Dubai real estate: Branded residences set for 410% increase as investors eye jewellery and motoring-themed property boom
Dubai is the global leader in branded residences as major lifestyle brands join hotels in luxury real estate market …
How a fake number landed UAE fund in tax soup
What’s in a number? Well, a fictitious mobile number ‘9999999999’ that was entered by Abu Dhabi Investment Authority to enable it to upload its income tax return on the portal, led to I-T authorities …
Sapaad and FlapKap join forces to address restaurant working capital needs in UAE
FlapKap is MENA’s leading Revenue-Based Funding (RBF) fintech solution founded by Ahmad Coucha and Khaled Nassef in 2022. Originally based in Cairo, Egypt, but now headquartered in the UAE, the young …
Parkin IPO: Dubai company could raise $430 million in DFM listing
Parkin, the company set up by Dubai to oversee parking operations, could raise as much as Dh1.57 billion ($428 million) from its initial public offering on the Dubai Financial Market.The price range …
DMCC forges strategic alliance with the World Gold Council to advance gold industry in the UAE
Joint work programme focusing on several key initiatives to drive positive change across the entire gold value chain …
Dubai Seeks to Raise up to $429 Million in IPO of Public Parking Company
(Bloomberg) — The Dubai government’s latest initial public offering sold out as soon as books opened, with investors rushing to snap up shares in the city’s public-parking business. Most Read from …
Business in the GCC: The Intersection of Tradition & Finance
For success in the GCC, recognizing these cultural subtleties is imperative. In this article, we delve into the intricate relationship between tradition and finance in the GCC business realm. …
Dubai’s IFZA opens office in Germany to attract foreign investment
IFZA’s new office was opened recently in Frankfurt, Germany, with a special ceremony attended by Khalfan Al Matrooshi, Deputy Head of Mission, UAE Embassy in Berlin, who spoke of the strong business …
UAE: 628 loud vehicles caught on Sharjah’s noise radars in 2023
Image used for illustrative purpose only. Image Credit: AFP Sharjah: Sharjah Police’s noise radar devices caught 628 vehicles for being too loud on the emirate’s roads last year. The noise radar …
UAE: Sharjah Cinema Days enrich artistic scene, attract over 5,000 visitors
The “Sharjah Cinema Days” initiative, which concluded its activities yesterday (Sunday), March 3, achieved remarkable success that reflects the vitality of the cultural scene in Sharjah.
UAE: 628 loud vehicles caught on Sharjah’s noise radars in first two months of 2024
Image used for illustrative purpose only. Image Credit: AFP Sharjah: Sharjah Police’s noise radar devices caught 628 vehicles for being too loud on the emirate’s roads so far this year. The noise …
Centre Permits Export of Onion To Bangladesh And UAE But With THESE Riders
India had earlier prohibited the export of onions until March 2024, but now it has permitted the export to Bangladesh and the UAE.