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Tag: tax

Posted on 10/07/2023

Abu Dhabi’s Kezad signs lease agreement with Global Fluorine for $272m factory expansion

Khalifa Economic Zones Abu Dhabi (Kezad Group), the largest operator of integrated economic zones in the UAE, has signed a lease agreement with Global Fluorine Chemical to build phase two of its …

Posted on 10/07/2023

Paying traffic fines in Abu Dhabi: No fees required, easy instalment payments, smart services

Have your incurred traffic fines in Abu Dhabi and wondering how to pay the charges Driving license holders and vehicle owners can utilise various convenien..

Posted on 10/07/2023

ADNOC’s Das Island to witness expansion with new residential and healthcare facilities

Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, visited the island to lay the cornerstone of the new hospital and residential complex, which will include new residential …

Posted on 10/07/2023

Move Over Dubai. This Tiny Emirate Wants to Be the Next Haven for Billionaires

This is Ras Al Khaimah, a northern territory of the United Arab Emirates about 45 minutes from Dubai’s international airport. Best known for its mountain peaks and ceramics company, the emirate is now …

Posted on 10/07/2023

New York University Abu Dhabi launches 12 historical photo albums

Collection includes over 1,500 images of the region from 1890 to 1960. New York University Abu Dhabi launches 12 historical photo albums. . Culture.

Posted on 10/07/2023

NEOPLY becomes latest South Korean innovator to establish Abu Dhabi HQ with ADIO support

ADGM-based HQ will benefit from the international financial centre’s advanced blockchain and virtual asset regulations NEOPLY bolsters Abu Dhabi’s leadership in De-Fi innovation Abu Dhabi, UAE: NEOPLY …

Posted on 10/07/2023

Next Dubai? Ras Al Khaimah (RAK) Is Luring Billionaires

From the top of the RAK International Corporate Centre, foreign tycoons can catch a glimpse of a city transforming.

Posted on 10/07/2023

Dubai’s Deyaar launches final phase of Midtown community

Deyaar Development, a Dubai-based property developer and real estate service provider, has announced the launch of Jannat, a project that will be the final addition to the developer’s Midtown …

Posted on 10/07/2023

Dubai-based startup alfii raises $2.5mln funding round

US-based Preface Ventures, Kayan Ventures, UAE-based Aditum Ventures, and Wayfinders led the fundraising, along with a number of local and regional angel investors …

Posted on 10/07/2023

Sharjah grants Algeria 2023 Arab Capital of Sports and Culture

Sharjah has formally handed over the title of Arab Capital of Sports and Culture 2023 to the Republic of Algeria following its win in the competition. Abdel Rahman Hammad, Algerian Minister of Youth …

Posted on 09/07/2023

UAE: Hamdan bin Zayed lays cornerstone of new hospital laid, visits residential complex in Das Island

The Island, located 160km Northwest of Abu Dhabi, is a critical part of the UAE’s infrastructure and central to Adnoc’s ambitious gas growth plans …

Posted on 09/07/2023

Dubai completes distribution of 3,200 residential plots to citizens

Dubai government allocated 11,500 land plots to citizens and granted housing loans worth 7 billion dirhams to 7,000 beneficiaries …

Posted on 09/07/2023

Service tax not payable as mere use of word commission doesn’t mean seller has paid commission

CESTAT Delhi held that mere use of the word “commission” in the clause dealing with terms of payment would not mean that “commission” was paid by the seller. The goods were sold on principal to …

Posted on 09/07/2023

De Minimis test: A criteria for free zone businesses to pay 0% corporate tax in the UAE

The non-qualifying income (NQI) of a qualified free zone person (QFZP), if not exceeded the de minimis requirement, will be treated like a qualified income..

Posted on 09/07/2023

Dubai offers more than 40 million chocolates annually

According to Dubai’s Emirates, over 40 million bars of chocolate are served annually.

Before World Chocolate Day which was on July 7, th …

Posted on 09/07/2023

Dubai International Chamber’s board of directors gets three new members

Omar Channawi, Yasser Abdul Malak, Khalil Yassine will boost Dubai’s business hub image Dubai International Chamber’s three-year strategy (2022-2024) is aimed at strengthening the emirate’s position …

Posted on 09/07/2023

Dry Fruits, Spices, Apparel, Toys: Dubai’s Wooden Dhows Still Key To Meeting The Needs Of Residents

Wooden dhows have played a critical role in Dubai’s trade for centuries. And they still make a decent contribution to imports and exports of goods to and from the neighbouring and regional countries.

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