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Tag: tax

Posted on 14/07/2023

UAE banking sector is well-capitalised with adequate liquidity buffers: CBUAE

The report discusses global and local macroeconomic conditions, domestic asset markets, and provides a detailed assessment and evaluation of the UAE banking system …

Posted on 14/07/2023

UAE and France review growing trade & investment exchanges in new economic sectors, entrepreneurship, tourism, circular economy, and family businesses

He added: “The UAE-France Business Council, which was established recently, now facilitates the strengthening of economic and trade cooperation between the two countries. The UAE is keen to enhance …

Posted on 14/07/2023

UAE: Want to dance like Blackpink or BTS? K-Pop Academy is back in business

There is good news for fans of K-pop. The Korean Cultural Centre in Abu Dhabi is resuming its popular K-Pop Academy.

Posted on 14/07/2023

Dubai Land Department, Dubai Development Authority strengthen cooperation

Dubai Land Department (DLD) and the Dubai Development Authority have recently entered into a memorandum of understanding (MoU) to enhance cooperation and coordination between the two organisations.

Posted on 14/07/2023

UAE-based Crypto Exchange BitOasis Technologies Loses License Due to Unmet Regulatory Requirements

VARA is issuing a market alert regarding ongoing supervisory controls, and enforcement actions initiated against BitOasis.

Posted on 14/07/2023

XRP Holds Above Key Support As Ripple CEO Predicts Delay Of Verdict – NewsBTC

XRP price has shown a strong reaction after the (fake) news of the alleged sale of 9,800 BTC by the US government and the subsequent sell-off across the crypto market, staying above the key support.

Posted on 14/07/2023

Abu Dhabi sets $13.6bln revenue limit for utility project operators

Abu Dhabi Distribution Company, Al Ain Distribution Company, Abu Dhabi Transmission & Despatch Company and Abu Dhabi Sustainable Water Solutions Company, previously known as Abu Dhabi Sewerage Service …

Posted on 14/07/2023

UAE outlines its National Electric Vehicles Policy

The policy will serve as a regulatory framework to align the standards for the infrastructure of electric vehicle in the country …

Posted on 14/07/2023

Japanese PM Kishida to visit UAE next week during his 3-nation Middle East trip

Fumio Kishida, Prime Minister of Japan, is scheduled to visit the UAE on Monday as part of his three-nation trip to the Middle East, which is aimed at enha..

Posted on 14/07/2023

Dubai proptech startup helps investors buy real estate with AI-assisted market insights

Investing in Dubai’s property market should not be limited to those who are based there, proptech startup CEO says, as revolutionary AI tool simplifies buying process with accurate market insights …

Posted on 14/07/2023

Corporate Tax: UAE SMEs with under Dh3m in revenues should weigh all options on Small Business Relief

Dr Nabeel Ahmed, Partner at DVS Management Consultancy Ahmed is referring to the provisions in the UAE corporate tax laws that allow businesses to split up their payments over multiple years based …

Posted on 14/07/2023

UAE: Want to earn a second income? Investor shares her tips and tricks

UAE residents should aim to get a second income by investing in short term property rental. That is according to Reem Al Khatib, Regional Managing Director of leading global hospitality and property …

Posted on 14/07/2023

UAE Corporate Tax: How to avail 0% tax for qualified free zone persons

UAE tax authorities raise awareness on key points, and more will be helpful It’s now clear what needs to be done by free zone enterprises to avail of 0 per cent corporate tax. And what activities …

Posted on 14/07/2023

Bastion ordered to pay £2.45m over tax fraud

Bastion Capital, a former London brokerage, has been fined £2.45 million by the Financial Conduct Authority in a case of alleged tax fraud and money laundering.

Posted on 13/07/2023

Islamic New Year 2023: Sharjah Announces 4-Day Holiday For Public Sector

The Sharjah government on Thursday announced the date for the Islamic New Year holiday for public sector employees. According to a statement by the Sharjah Government’s Department of Human Resource, the Hijri New Year holiday will begin on Thursday, corresponding to July 20, 2023.

Posted on 13/07/2023

UAE Orders Arrest of TikTok Creator for ‘Offensive’ Supercar Video

The United Arab Emirates is an oil-rich nation, in part known for hosting many wealthy individuals with huge cash reserves and a taste for exotic cars. As one TikTok creator has found out, if you’re …

Posted on 13/07/2023

UAE, France review growing economic cooperation

Abdullah bin Touq Al Marri, Minister of Economy, and Olivier Becht, Minister-in-charge of Foreign Trade, Attractiveness, and French Nationals Abroad, have ..

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