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Tag: tax

Posted on 22/02/2024

UAE to host first Gulf-only esports competition in push to become global gaming hub

Belyanin also highlighted the fact that the UAE encourages these initiatives, aiding in attracting global business and nurturing local talent. “We kept our promise and held the first tournament among …

Posted on 22/02/2024

Up to 200% return: Dubai property turning sellers’ market as investors take advantage of 3-year price rally

Dubai’s residential market is increasingly turning into a seller market to cash in on the gains made over the past three-year rally in property prices.Industry insiders say the property price rally is …

Posted on 22/02/2024

Adnoc fires starting gun on huge expansion project at world’s second-largest offshore oilfield

Abu Dhabi National Oil Company (Adnoc) has initiated the chase for a sizeable engineering, procurement and construction (EPC) contract involving the further expansion of Upper Zakum, the largest …

Posted on 22/02/2024

Barjeel Geojit gets SCA license to manage investment funds in the UAE

These offerings will cater to the entire investing community in the UAE and the GCC in the near future. With the opening of Geojit IFSC office in the ‘GIFT’ City, Gujarat, India – the emerging …

Posted on 21/02/2024

Italy’s Fincantieri and UAE’s ADSB sign for naval joint venture

In May 2021, it signed an AED3.5 billion (US$952.8 million) contract with the UAE to build four Falaj 3-class offshore patrol vessels (OPVs) for the UAE Navy.

Posted on 21/02/2024

Abu Dhabi-backed RedBird IMI strikes $1.45 billion deal for UK’s All3Media

Jeff Zucker-led investment group RedBird IMI has struck a $1.45bn (GBP1.15bn) deal to buy Britain’s All3Media, the production house behind hit TV shows ‘Fleabag’ and ‘Squid Game: The Challenge,’ …

Posted on 21/02/2024

Sharjah Ruler honours Sharjah Quran Radio’s reciters

H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has assigned Al Qasimia University to carry out a project to create Quranic schools throughout Africa.The …

Posted on 21/02/2024

Arada awards two contracts valued at AED118 million at Sharjah’s Masaar

SHARJAH, 2nd March, 2022 (WAM) — Arada has announced the award of two contracts together valued at AED118 million at Masaar, the AED8 billion forested megaproject located in the Suyoh district of …

Posted on 21/02/2024

Dubai sets $7tn trade target as it hits goals ahead of schedule

Dubai continues to exceed expectations as it is established as a major international trade hub with high ambitions on the world stage …

Posted on 21/02/2024

Dubai-Based Team Kidzink Makes History As First UAE And First Female-Helmed SB20 Sailing World Champions

SB20 World Sailing Championships were held in Dubai 13-16 February, sponsored by Dubai Duty Free

  • Dubai-based businessw …
  • Posted on 21/02/2024

    Hamdan bin Mohammed highlights Dubai’s relentless quest to redefine standards as prime global trade hub

    H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, reaffirmed that Dubai continues to enhance its position as a leading global hub …

    Posted on 21/02/2024

    Ireland-UAE fintech collaboration to drive UAE’s financial services transformation

    Leading Irish Fintech companies will be in Dubai to take part in the Irish Fintech Innovation Showcase event organised by Enterprise Ireland, the …

    Posted on 21/02/2024

    Astra Tech emerges as largest fintech card issuer in UAE with 100,000 issued in 4 months

    The company said it has plans to broaden its multi-currency offerings and introduce a new loyalty programme in partnership with Mastercard …

    Posted on 21/02/2024

    Astra Tech emerges as largest fintech card Issuer

    In just four months, Astra Tech has become the largest fintech issuer in the industry, via its Mastercard offering. This rapid achievement not only highlights the company’s efficiency and innovation …

    Posted on 21/02/2024

    Dubai: Damac chief sees influx of Chinese investors driving next rally in property market

    The billionaire added that Dubai is benefiting from regional and global safety and security and low taxes, hence, there has been` an influx of top talent and businessmen from Europe, the US and other …

    Posted on 21/02/2024

    UAE firms boost cybersecurity budgets by 35% to beat AI-powered ransomware attacks

    Companies in the UAE have increased their budget for cybersecurity by as much as 35 per cent as compared to maximum 30 per cent global surge over the past year, following a study that revealed 7 out …

    Posted on 21/02/2024

    Emirates announces daily flights from Dubai to Bogotá; UAE and Colombia waive visas

    The daily flights to Bogotá, South America’s second largest city by population, will help cater to strong and growing demand for air travel between Colombia and the UAE as well as between Colombia and …

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