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Tag: tax

Posted on 01/03/2024

Masdar acquires 49% stake in 3GW UK Dogger Bank South projects

German utility RWE will retain a 51% share and manage the development, construction and operation of the wind farms.

Posted on 01/03/2024

UAE records lowest temperature of 2.4°C, chilly breeze to continue

00am UAE local time. Active northwesterly winds blow at 40 km/h, while the sea was rough in the Arabian Gulf with waves reaching as high as seven feet offshore. According to the National Centre of …

Posted on 01/03/2024

UAE: Suspension of e-commerce tariffs extended by 2 more years at WTO

M embers of the World Trade Organization have agreed to extend a moratorium on tariffs on electronic commerce for another two years at a high level meeting, according to a documen …

Posted on 01/03/2024

Abboud: Delighted to release special camera holding Sharjah’s name

Sharjah24: Asaad Abboud, the Regional Manager of Leica (Middle East), revealed the release of a special monochrome camera holding the name and logo of Sharjah at the International Photography Festival …

Posted on 01/03/2024

Startup is shipping 100,000-year-old Arctic ice from Greenland to chill cocktails in Dubai

A Greenland start-up is being accused of doing titanic damage to the environment by shipping ice from glaciers over 100,000 years old to be used in cocktails served at high-priced bars in Dubai.

Posted on 01/03/2024

Mahadev app: ED freezes assets worth Rs 580 crore of Dubai-based ‘hawala-operator’

The Enforcement Directorate (ED) has taken significant action in the ongoing investigation into the Mahadev app-linked money laundering case. On Friday, the ED announced the freezing of various …

Posted on 01/03/2024

Dubai Customs Unveils Groundbreaking Bachelor Degree: Nurturing Trailblazers In Customs And International Trade

Dubai 01 Mar 2024: Dubai Customs has introduced the latest version of the Bachelor’s program in Customs and International Trade as part of its dedication to incentivize and inspire department …

Posted on 01/03/2024

Dubai Customs unveils groundbreaking bachelor degree

Dubai: Dubai Customs has introduced the latest version of the Bachelor’s program in Customs and International Trade as part of its dedication to incentivize and inspire department employees towards …

Posted on 01/03/2024

Factbox – What’s the state of play in WTO negotiations in Abu Dhabi?

World Trade Organization (WTO) negotiators released new draft deals on Friday showing that all-night talks in Abu Dhabi had failed to produce a breakthrough on key issues, leading to a third extension …

Posted on 01/03/2024

UPDATE 1-British hedge fund trader sentenced to prison for 8 years in Danish tax fraud case

A British hedge fund trader was on Friday sentenced to eight years in prison by a Danish court, after having confessed to helping defraud tax authorities in a so-called “cum-ex” tax scheme, news …

Posted on 01/03/2024

Assets of Dubai-based ‘hawala operator’ worth Rs 580 crore frozen in Mahadev case

The Enforcement Directorate has frozen security holdings worth Rs 580 crore and seized cash and valuables amounting to Rs 3.64 crore of a Dubai-based ‘hawala operator’ after recent raids in six cities …

Posted on 01/03/2024

World’s largest offshore wind farm: UAE’s Masdar completes 49% purchase of UK’s massive Dogger Bank South project

Abu Dhabi Future Energy Company (Masdar) announced the completion of its acquisition of a 49 percent shareholding in the 3 gigawatts (GW) Dogger Bank South (DBS) project – one of the world’s largest …

Posted on 01/03/2024

World Trade Organization postpones closing session of MC13 in Abu Dhabi

The closing session of World Trade Organization (WTO) 13th Ministerial Conference (MC13) has been postponed to 5 pm (local time) on Friday, March 1. WTO Spokeswoman Ismaila Dieng said that the …

Posted on 01/03/2024

Dubai customs intercept marijuana in red onion shipments

The discovery was made after officers, suspecting the air freight shipments based on known smuggling patterns, employed advanced X-ray technology that revealed unusual densities in the cargo from an …

Posted on 01/03/2024

UAE’s Masdar acquires 49% stake in British offshore wind farm

Masdar said construction of the mega-facility could start in late 2025, with the first 800 MW of electricity expected to come online by 2029.

Posted on 01/03/2024

2024 Gov Games To Highlight Vast Array Of Sports In Dubai

Also on the agenda is the Dubai Offshore Sailing Club (DOSC)-organised 2024 Aramex D2M (Dubai to Muscat) Sailing Race under the auspices of the United Arab Emirates Sailing and Rowing Federation (UAE …

Posted on 01/03/2024

Guidelines for visiting the Hindu temple in Abu Dhabi as doors open today

Image Credit: Supplied Abu Dhabi: The first Hindu temple in Abu Dhabi is opening its doors to all from today, March 1. Gulf News can reveal the rules for visitors – what is not allowed in the temple …

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