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Tag: tax

Posted on 19/02/2024

‘India will rise as a Vishwaguru’: Ola founder Bhavish Aggarwal after visiting BAPS Hindu mandir in Abu Dhabi

Ola CEO Bhavish Aggarwal recently visited the BAPS Hindu temple in Abu Dhabi and shared his experience on X, along with posting pictures. His tweet attracted attention, with users expressing …

Posted on 19/02/2024

UAE: Rare nest of green turtles spotted for first time in Abu Dhabi

A nest of green turtles, classified as an endangered species, has been spotted for the first time in the Capital, the Environment Agency – Abu Dhabi (EAD) ..

Posted on 19/02/2024

Abu Dhabi ALC concludes participation in New Delhi World Book Fair 2024

The Centre’s agenda for the Fair included discussions with more than 200 publishers from 35 countries to explore plans for elevating the book industry …

Posted on 19/02/2024

Berklee Abu Dhabi’s 3rd Music Summit takes place 24-25 February

Berklee Abu Dhabi, the first Middle East outpost of Berklee College of Music, is set to launch the third edition of the Berklee Abu Dhabi Music Summit, taking place on 24th and 25th February under the …

Posted on 19/02/2024

Al Ghurair unit to set up aluminium component plant in Abu Dhabi

Khalifa Economic Zones Abu Dhabi (Kezad Group), one of the largest operators of integrated and purpose-built economic zones, has signed a lease agreement with Automotive Precision Technology (APT), a …

Posted on 19/02/2024

Sharjah’s Financial Affairs Committee Explores Avenues For Stimulating Investments & Enhancing Tourism Infrastructure

( MENAFN – Dubai PR Network) Sharjah, February 19 , 2024: The Financial, Economic, and Industrial Affairs Committee of the Sharjah Consultative Council (SCC) has discussed ways to stimulate …

Posted on 19/02/2024

Dubai real estate sales top $15bn already this year, top ten transactions reach $1.4bn

He noted that Dubai witnessed a large influx of wealthy foreigners aspiring to settle and invest in commercial activities, especially the thriving real estate sector that is achieving record profits.

Posted on 19/02/2024

Dubai airport could break passenger record this year: CEO

The Dubai Airport in the UAE could break its record for passenger traffic in 2024 as he previous financial year was a success, post pandemic.

Posted on 19/02/2024

Dubai’s ‘golden visas’ are helping the city overcome the global office plunge

Residential property prices in Dubai are closing in on records, despite mortgage rates hovering at the highest levels in two decades. Average annual rents for villas have surged to nearly $88,500, as …

Posted on 19/02/2024

Dubai Chambers meets with leading exporters to discuss key challenges and explore proposed solutions

Dubai Chambers has launched the Exporters Roundtable, a new initiative designed to support exporting companies in the emirate in expanding the international reach of their products and services.The …

Posted on 19/02/2024

Dubai airport passenger numbers top pre-pandemic levels in 2023

Dubai International Airport (DXB), the world’s busiest international hub, registered a 31.7% increase in passenger traffic last year to 86.9 million, surpassing pre-pandemic levels, operator Dubai …

Posted on 19/02/2024

UAE Innovates 2024: Federal Tax Authority signs agreement with 01GOV Platform to expand use of its Tax 10 platform

Dubai, UAE – As part of its agenda for the ‘UAE Innovates 2024’ initiative, held throughout the month of February, the Federal Tax Authority (FTA) signed a collaboration agreement with the 01GOV …

Posted on 19/02/2024

UAE’s AD Ports Expects Prolonged Price Pressure from Red Sea Tension

Last year ended with renewed supply chain pressures caused by geopolitical tensions in the Middle East and the resulting Red Sea disruptions’.

Posted on 19/02/2024

New Dubai taxi firm targets millionaires with member-only service to compete with Emirates First Class

As high-net-worth individuals continue to flock to Dubai, a new chauffeur-for-hire service has launched in the city, aiming to be the transportation equivalent of Emirates First Class. WHEELY, a Swiss …

Posted on 19/02/2024

Why the UAE’s gratuity system has corporate tax implications

We are at an interesting juncture in the UAE regarding the employment separation of companies and their employees, either by choice, termination or retirement. The labour law has long demanded that a …

Posted on 19/02/2024

IFZA announces partnership with the German Federal Association for SME’s (BVMW) and will open a representative office in Dubai

Strengthening Dubai-German economic cooperation, the opening of the BVMW office in Dubai will create great opportunities for BVMW members to connect with potential partners in Dubai and across the reg …

Posted on 19/02/2024

Royal Family of Abu Dhabi makes strategic investment in Beyoung, to expand domestic and global presence

“Coming from a small town, we understand the importance of reaching out to diverse regions. Partnering with the Abu Dhabi royal family opens doors not only to the GCC and MENA regions but also paves …

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