Tag: tax

Norwich, UK: Aquaterra Energy, a leader in global offshore engineering solutions, today announces a multi-million-pound contract with a major Abu Dhabi based operator, working in partnership with TPMC …

Financial wealth in the Emirates is expected to hit $800bn (£629bn) in 2027 with an annual growth rate of almost 10pc, according to a new report by Boston Consulting Group (BCG). The consultancy added …

Investments from Canadian investors into the UAE have tripled to C$9 billion ($6.8 billion) over the past two years and are expected to grow further as the two nations deepen trade and economic ties, …

ADNOC Drilling said the awarding of the contracts follows more than $11.5bn in long-term contracts announced since the beginning of 2022.

To ensure smooth operations during Eid Al Adha, Abu Dhabi City Municipality has expanded the capacity of its slaughterhouses to accommodate approximately 37,000 sacrifices and carcasses. Additionally, …

Marking the International Day Against Drug Abuse and Illicit Trafficking, the General Administration of Abu Dhabi Customs revealed that it has recorded 4,663 drug seizures in all customs ports of the …

Dubai, with its vibrant economy and entrepreneurial ecosystem, offers a wealth of opportunities for aspiring entrepreneurs looking to establish their businesses. The city’s strategic location, …

The 7-day paid parking zones, including Fridays and holidays, are excluded from this decision, the Municipality added. These areas can be identified by the blue parking information boards.

The indelible influence of Nikolenko on the corporate landscape of the UAE is a testament to his unrivalled expertise and visionary approach to international …

The UAE’s economic outlook is positive and is supported by strong domestic activity after it expanded at its fastest pace in more than a decade last year, the International Monetary Fund has said.“UAE …

Local expats accounted for 40% of all property purchases in Dubai last year, and this figure is projected to reach 50% by 2025, industry experts said Revealed: Local expats poised to drive next …

Contracts to provide five high-spec offshore jack-up rigs in direct support of ADNOC’s accelerated production capacity growth …

The Emirati drilling giant said Adnoc “confirmed the award of five 10-year contracts, totalling approximately $2 billion, in support of Adnoc Offshore’s growing drilling operations”. “The contracts …

Adnoc Drilling Company has secured contracts worth nearly $2 billion covering operations across five fields in the Abu Dhabi National Oil Company’s offshore portfolio. This aligns with the listed …

Abu Dhabi (DCT Abu Dhabi) has outlined its roadmap for growth in 2023, planning to increase overall visitation to more than 24 million, from 18 million in 2022. DCT Abu Dhabi’s research reveals that culture was the primary reason for travel for almost half (47 per cent) of international tourists.

American University of Sharjah (AUS) has unveiled a new degree for students seeking to qualify themselves in the field of international studies, according to a statement by Emirates News Agency (WAM).

In comparison, the average in MENA is around 20 days, with six to seven procedures to start a business. As Tammer Qaddumi, co-founder and General Partner at VentureSouq, succinctly put it: “Dubai has …