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Tag: tax

Posted on 06/12/2023

Nigeria’s govt under scrutiny over Dubai COP28 summit

The recent controversy over Nigeria’s 1,411 delegates at the ongoing COP28 climate summit in Dubai, United Arab Emirates, UAE, has raised serious concern about the current administration’s commitment …

Posted on 06/12/2023

ZainTECH targets regional expansion with inauguration of cutting-edge ICT hub in Dubai Internet City

The mission-critical centre for ZainTECH’s operations will drive technological initiatives and synergies across the business …

Posted on 06/12/2023

Dubai Chambers attracts 101 digital startups in 2023

Dubai Chambers announced its digital economy arm attracted 101 digital startups to the city in the first nine months of 2023 as it looks to encourage entrepreneurs to establish their businesses in the …

Posted on 06/12/2023

UAE non-oil business activity continued to grow in November on new order boost

Business activity in the UAE’s non-oil private sector economy continued to strengthen in November, driven by a marked improvement in demand as new orders inventories rose sharply.The seasonally …

Posted on 06/12/2023

Dubai Food Tech Valley to host ‘GigaFarm’ capable of growing 2 billion plants

Dubai-based Food Tech Valley signed an agreement at COP28 with ReFarm to construct a 900,000 square feet “GigaFarm” that will recycle upto 50,000 tonnes of food waste and grow two billion plants every …

Posted on 06/12/2023

Cost of Governance: Tinubu govt under scrutiny over Dubai summit

The recent controversy over Nigeria’s 1,411 delegates at the ongoing COP28 climate summit in Dubai, United Arab Emirates, UAE, has raised serious concern about the current administration’s commitment …

Posted on 06/12/2023

Dubai: Valet driver among 3 expats who won Dh100,000 each in Mahzooz Draw

Three expats took home Dh100,000 in another Mahzooz weekly draw, on Saturday, December 2, 2023. One among the three, Sayed, is a valet driver in Dubai. The 28-year-old expat from Pakistan was watching …

Posted on 06/12/2023

Global casino bosses heading to Dubai for major gaming conference

Some of the world’s biggest casino bosses from Las Vegas and Macau have been confirmed to speak at “Casino Countdown”, the first-ever Arabian Business Conference to focus entirely on gaming. The event …

Posted on 06/12/2023

WeMade to Set Up WEMIX Play Center in Dubai via Partnership with DIFC

Wemade Co., Ltd., a South Korean video game developer, secured a strategic partnership with the Dubai International Financial Centre Innovation Hub (DIFC). The company plans to build its WEMIX Play …

Posted on 06/12/2023

UAE corporate tax 2024: Details, registration, requirements

These are the necessary procedures that all businesses operating in the UAE must follow in order to comply with the corporate tax framework …

Posted on 06/12/2023

UAE confirms Sanjay Shah’s extradition to Denmark

British Hedge fund trader Sanjay Shah has been extradited from the UAE to Denmark to face trial over an alleged $1.7 billion tax fraud, authorities confirmed on Wednesday. Mr Shah, who lived on The …

Posted on 06/12/2023

UAE authorities extradite Sanjay Shah to Danish authorities

The extradition confirms the UAE’s determination to collaborate with international partners in the pursuit of international justice, and to strengthen the integrity of the international financial …

Posted on 06/12/2023

UAE extradites British hedge fund trader Shah to Denmark -WAM

The United Arab Emirates has extradited to Denmark British hedge fund trader Sanjay Shah, who is accused of a $1.8 billion dividend-tax fraud, state news agency WAM reported on Wednesday.

Posted on 06/12/2023

BREAKING: Intelligent Growth Solutions to power UAE ‘GigaFarm’ capable of replacing 1% of imports

ReFarm and FoodTech Valley will build a circular, closed-loop system to boost UAE food security and decarbonize food production.

Posted on 06/12/2023

Abu Dhabi’s Neovision Sets Up $250 Million Carbon Credit Fund

Abu Dhabi-based Neovision Wealth Management is setting up a $250 million fund to invest in the development of carbon credits in frontier markets.

Posted on 06/12/2023

UAE non-oil business activity continues to grow in November on new order boost

Business activity in the UAE’s non-oil private sector economy continued to strengthen in November, driven by a marked improvement in demand as new orders inventories rose sharply. The seasonally …

Posted on 06/12/2023

Abu Dhabi’s Masdar, Iberdrola to co-invest EUR15bn in clean energy projects

The partnership will see Masdar taking a stake of up to 49 per cent in Iberdrola’s 1.4GW UK East Anglia 3 offshore wind project.

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