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Tag: tax

Posted on 05/07/2023

Barakah One completes successful refinancing of UAE’s nuclear energy plant

The full outstanding balance under the loan facilities, originally committed in 2016 for the construction and development of the Barakah Plant, has now been refinanced through a competitive market …

Posted on 04/07/2023

Uae: Do You Exercise Enough? Over One-Third Of Abu Dhabi Community Achieves Who Physical Activity Guidelines

An emirate-wide survey on community sports trends in Abu Dhabi revealed that 37.3 per cent of 10,854 respondents met the World Health Organisation’s (WHO) physical activity recommendations and …

Posted on 04/07/2023

Sharjah Book Authority sole Arab representative at world’s largest library event

The Sharjah Book Authority leads key discussions on ongoing transformations in the global library sector at the American Library Association Annual Conference & Exhibition in Chicago.

Posted on 04/07/2023

UAE: Excluded activities of the free zone businesses will attract 9% tax

In a nutshell, all activities of the QFZP with other free zone persons will generate the QI which will be subject to tax at 0% except the income from excluded activities which will be subject to tax …

Posted on 04/07/2023

Banks in the UAE: All you need to know about opening an account and getting a credit card

Choosing which financial institution to bank with is one of the first decisions people make when moving to a new city such as Dubai or Abu Dhabi. Next comes how to handle your finances through …

Posted on 04/07/2023

Tom Cruise said Abu Dhabi is “beautiful, romantic and amazing” after Mission: Impossible – Dead Reckoning filming

Behind the scenes in Abu Dhabi with Tom Cruise, Christopher McQaurrie and Mission: Impossible – Dead Reckoning Part One production crew Tom Cruise said Abu Dhabi is “beautiful, romantic and amazing” …

Posted on 04/07/2023

Sharjah announces 50% discount on fines for non-renewal of business licences

Penalties shall be slashed provided that the owner adjusts his/her status within four months, starting July 10 …

Posted on 04/07/2023

Dubai stock index hits 8-year high as real estate booms

Dubai’s main stock index reaches its highest level since August 2015, driven by real estate market gains Dubai stock index hits 8-year high as real estate booms DFM, DFM equity market, Dubai, Dubai …

Posted on 04/07/2023

Dubai Customs Completes 12 Million Customs Declarations in 6 Months with 10% Growth

H.E. Ahmed Mahboob Musabih, the Director General of Dubai Customs and CEO of Ports, Customs, and Free Zone Corporation, announced that Dubai Customs suc …

Posted on 04/07/2023

Fajr Capital in talks for majority stake in Aster’s Gulf business – sources

Private equity firm Fajr Capital is in exclusive talks to acquire a majority stake in Aster DM Healthcare’s Gulf business, two sources with direct knowledge of the matter told Reuters.

Posted on 04/07/2023

Gold imports from UAE to India hit two-decade low

India’s gold imports from the UAE reached a two-decade low in the year ended March 31, 2023, despite a concessional tariff under Comprehensive Economic Partnership Agreement (CEPA) signed in May 2022.

Posted on 04/07/2023

New Candlelight Concerts in Abu Dhabi announced – including Coldplay

And now, if you’re a fan of Coldplay or Ludovico Einaudi, you’re in luck. The Candlelight Concerts in Abu Dhabi series welcomes new live music experiences on July 8 and July 9. A Tribute to Ludovico …

Posted on 04/07/2023

The best ways to celebrate the Fourth of July in Abu Dhabi

Celebrate the Fourth of July in Abu Dhabi at La Cava this Tuesday. Here, you can toast freedom and independence while sipping on the American Collection of premium grape and nibbling on cold cuts and …

Posted on 04/07/2023

Abu Dhabi’s Aldar, IHC, and ADNEC Group to merge property and facilities management businesses

Abu Dhabi-based real estate developer Aldar Properties has joined forces with International Holding Company and ADNEC Group to create the region’s largest property and facilities management company.

Posted on 04/07/2023

Group of Friends Become Instant Millionaires After Winning Rs. 1.2 Billion in UAE

A group of 20 Indian expats living in Umm Al Quwain have won a grand prize of AED 15 million (PKR 1.2 billion) in a raffle draw organized by Big Ticket in …

Posted on 04/07/2023

Indian Chamber of Food and Agriculture & Ras Al Khaimah of UAE signs MoU to enhance agri-collaboration

Ras Al Khaimah Economic Zone (RAKEZ) and the Indian Chamber of Food and Agriculture (ICFA) have signed a Memorandum of Understanding (MoU) aimed at promoting mutual growth and development in the food …

Posted on 04/07/2023

Guide to capitalise on UAE’s flourishing real estate market

Real estate investors looking to leverage the boom in the UAE market without committing to a large outlay can use REITs to earn high yields.

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