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Tag: tax

Posted on 06/06/2023

Sharjah Ruler appoints Manal Ataya as advisor to SMA

H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree appointing Manal Wasfi Ataya as an advisor to the Sharjah Museums Authority (SMA) …

Posted on 06/06/2023

Dubai Chamber of Digital Economy attracts 30 tech startups during Q1

Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has unveiled details of its key achievements during the first quarter of 2023.

Posted on 06/06/2023

Dubai freezone awards contracts on 340m Uptown Tower

Dubai Multi Commodities Centre (DMCC) appoints Mace as building operations manager Dubai freezone awards contracts on 340m Uptown Tower DMCC, Dubai, Dubai Multi Commodities Centre, Dubai real estate, …

Posted on 06/06/2023

UAE Makes Important Announcement for Corporate Tax on Real Estate

The United Arab Emirates (UAE) has introduced new rules on taxing income from real estate investments. These rules were announced by the Ministry of …

Posted on 06/06/2023

Asian refiners to cut July Saudi oil imports after surprise price hike, output cut

Asian refiners are likely to take less oil from Saudi Arabia for July and buy more spot cargoes such as those from the United Arab Emirates after the world’s top exporter unexpectedly raised prices …

Posted on 06/06/2023

Dubai Chamber of Digital Economy attracts 30 tech startups to Dubai during Q1 2023

Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has unveiled details of its key achievements during the first quarter of 2023. The announcement underlines …

Posted on 06/06/2023

12 business lunch deals in Dubai under Dhs75 to try

Stepping out of the office to enjoy lunch doesn’t have to be a pricy affair. There are plenty of business lunch deals in Dubai to try that will get you a minimum of a two-course meal for under Dhs75.

Posted on 06/06/2023

Non-residents will be taxed on income from UAE property

This applies to both immovable property that is held or used in a business and immovable property that is held for investment purposes …

Posted on 06/06/2023

DMCC, Bybit join forces to propel crypto and Web3 adoption in Dubai

Bybit will offer financial assistance amounting to Dhs500,000 to support crypto ventures interested in establishing themselves within DMCC.

Posted on 06/06/2023

UAE to build world’s largest airport in Dubai South by 2050

Dubai’s Al Maktoum International Airport aims to become the world’s largest airport by 2050, with a capacity of up to 255 million passengers annually. UAE to build world’s largest airport in Dubai …

Posted on 06/06/2023

Adnoc Drilling signs agreement to buy two offshore jack-up rigs for $220m

Adnoc Drilling, the largest national drilling company in the Middle East by rig fleet size, has signed an agreement to acquire two offshore jack-up rigs for $220 million as it expands its fleet. The …

Posted on 06/06/2023

FOO unveils the Middle East’s newest prepaid travel card solution

Leading B2B fintech solutions provider, FOO, is collaborating with banks to transcend borders, providing customers with a simpler, safer, and more cost-effective way to spend money abroad …

Posted on 06/06/2023

Abu Dhabi University Ranks 14th Globally and 2nd regionally in Times Higher Education Rankings for Highest Proportion of International Students

Abu Dhabi University (ADU) has been recognized by the prestigious Times Higher Education World University Rankings (THE Rankings) for achieving a key mi …

Posted on 06/06/2023

Dubai Chamber of Commerce welcomes 15,366 new member companies in Q1 2023

The first quarter saw the chamber achieve its goal of establishing more than 100 business groups from various sectors and economic activities …

Posted on 06/06/2023

Sheikh Hamdan reviews DET strategy, progress on Dubai Economic Agenda D33 goals

According to the latest DET data, Dubai recorded an increase of over 30 per cent in new business licenses issued during Q1 2023 compared to the same period in 2022 …

Posted on 06/06/2023

Dubai Crown Prince celebrates emirate’s booming tourism industry

HH Sheikh Hamdan celebrated Dubai’s tourism economy as six million tourists arrived from January to April 2023 …

Posted on 06/06/2023

Dubai stands on the cusp of a new phase of rapid growth: Sheikh Hamdan

Dubai continues to embrace global changes and leverage next-generation technologies to raise its future readiness, Crown Prince said …

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