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Tag: tax

Posted on 28/02/2024

On UAE Corporate Tax, businesses find there cannot be any delays on registering

Image Credit: Shutterstock Dubai: UAE businesses cannot afford to delay registering for corporate tax any longer – and it’s not just about the Dh10,000 fine for any late submissions. The latest update …

Posted on 28/02/2024

UAE To Invest $35B To Help Solve Currency Crisis – Egypt PM

Madbouly said the Ras Al Hikma project would see the development of a full resort city with an airport to be managed by the UAE. Egypt’s highly import-reliant economy, dominated by military-linked …

Posted on 28/02/2024

13Th Ministerial Conference Of WTO Opened In Abu Dhabi

The four-day 13th Ministerial Conference (MC13) of the World Trade Organisation (WTO), kicked off here on Monday, in t …

Posted on 28/02/2024

Singapore’s Petrozo Energy sets up factory in Hamriyah Free Zone, targeting markets in Middle East, East Africa, & Southeast Asia

Petrozo Energy, a leading Singapore-based oil and gas company, has announced an ambitious plan to establish a new manufacturing facility in the Hamriyah Free Zone, spanning over 430,000 square …

Posted on 27/02/2024

Xposure: A sneak peek inside Sharjah’s huge photography festival

Bringing together both champions and admirers of the visual arts… A picture is worth a thousand words, and at Xposure – the International Photography Festival in Sharjah, you’ll find over 2,500 …

Posted on 27/02/2024

Oil India Announces Global Partner Roadshow in Abu Dhabi

Oil India Limited (OIL), India’s oldest oil and gas exploration and production company, is hosting its first-ever global partner roadshow, “Confluence: Where Energy and Opportunity Converge,” in Abu …

Posted on 27/02/2024

Dubai VC firm COTU Ventures hits final close of debut fund

COTU Ventures, a Dubai-based early-stage venture capital firm … The fund has already backed over 20 startups across the region. These include Egypt-based fintech firm MoneyHash, the UAE-based online …

Posted on 27/02/2024

Dubai market shifts towards emerging homegrown artists

Art Dubai’s more recent shifts reflect the changes in the city, particularly that of its burgeoning fintech industry—which the fair is meeting with its dedicated and expanding digital section. And the …

Posted on 27/02/2024

Buy Now, Pay Later Boom in the UAE: Market Soars at 52% CAGR, Fueled by Digital Adoption and E-Commerce Growth: Ken Research

According to Ken Research estimates, the KSA Lending Market –in 2022 at a CAGR of 50.4% owing to growing demand for financing penetration in the sector. KSA’s private consumption expenditure has risen …

Posted on 27/02/2024

UAE Corporate Tax: Ministry of Finance to impose Dh10,000 penalty on companies for late registration

Penalties set in line with the late registration penalties imposed for Execise Tax, VAT Abu Dhabi: An administrative penalty of Dh10,000 will be imposed on companies for late registrations for UAE …

Posted on 27/02/2024

Dubai: Parkin IPO to offer good returns on consistent parking demand

The Parkin’s initial public offering (IPO) is a good investment option in one of the best public companies in the UAE offering to pay a semi-annual dividend in April and October, experts say.Market …

Posted on 27/02/2024

DCC partners with Worldef International to host cross-border digital trade forum in Dubai

Partnership includes sponsoring the inaugural edition of Cross-Border Digital Trade Forum”and establishing a Digital Commerce Academy …

Posted on 27/02/2024

Dubai Customs Unveils ‘Impactful Innovations’ At UAE Innovates 2024

Reinforcing Dubai Customs’ Commitment to Excellence and Innovation The commencement of the Dubai Customs activities during the Emirates Innovation Month ‘Emirates Innovates 2024’ was marked with the …

Posted on 27/02/2024

Explainer: WTO meeting in Abu Dhabi – what’s at stake?

Ministers from across the globe are convening at the World Trade Organization (WTO) Ministerial Conference in Abu Dhabi from Feb. 26-29 to try to set new rules for global commerce, including reforming …

Posted on 27/02/2024

First Hindu stone temple in Abu Dhabi to open for public on March 1

File The first Hindu stone temple in Abu Dhabi, which was inaugurated by Prime Minister Narendra Modi earlier this month, will be opened to the public from March 1, according to the temple authorities …

Posted on 27/02/2024

Dubai and Abu Dhabi experience surging property demand and high rental yields according to dubizzle findings

As per user search trends on dubizzle, DAMAC Hills 2 has emerged as the top area for affordable villas in Dubai, followed by Dubailand and Jumeirah Village Circle. Meanwhile, with an overall increase …

Posted on 27/02/2024

Sharjah Police seized drugs worth more than Dh115m in 2023

Sharjah Police confiscated drugs valued at more than Dh115.3 million ($31.4 million) last year, highlighting progress in the emirate’s battle against trafficking. The force said there was a 24 per …

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