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Tag: tax

Posted on 16/11/2023

MED365 IT Startup, Led by Chingiz Kulakhmetov, to Expand Business to Gulf Region and USA

Currently, the company’s focus is on the Gulf countries including Saudi Arabia, Qatar, UAE, Bahrain. MED365 recently reached an agreement with a company from Abu Dhabi that is willing to distribute …

Posted on 16/11/2023

Charul Chaturvedi Jaitley spills the beans on Dubai’s business magic in Live, Work & Play in Dubai’s latest podcast episode!

The co-founder and head of HR at Multigroup as well as the founder and CEO of Motiti Green and Matiti People, Charul Chaturvedi Jaitley, recently took us on an incredible journey from the dusty towns …

Posted on 16/11/2023

Dubai resident jailed for three years for role in WhatsApp drugs ring

A man who dealt drugs via a WhatsApp account has been jailed for three years and fined Dh100,000 by a Dubai court. The Bangladeshi man, who was arrested in February, was said to be a key link in an …

Posted on 16/11/2023

Dubai calls on global start-ups to participate in DIFC’s inaugural $1m ‘FinTech World Cup’

Dubai FinTech Summit, organised by Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, today announced the launch of …

Posted on 16/11/2023

UAE influencers must pay tax and register with government or risk 5 years in prison

To comply with the registration requirement, influencers need to obtain a Corporate Tax Registration Number (CTRN) through the EMARATAX platform. Image: Shutterstock All UAE-based influencers are …

Posted on 16/11/2023

ILOE: How to register for the UAE’s unemployment insurance scheme

The deadline was extended to October 1, 2023… The UAE’s mandatory Unemployment Insurance Scheme came into effect on Sunday, January 1 2023 and the grace period was extended to October 1, 2023. During …

Posted on 16/11/2023

Bell delivers First Bell 429 for offshore operations in Cameroon

Dubai, UAE: Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced a signed purchase agreement with Caverton Helicopters Limited for a Bell 429, which will be utilized for offshore …

Posted on 16/11/2023

Long-haul carrier Emirates orders 15 Airbus A350 after engine dispute during Dubai Air Show

The airline Emirates says it will purchase 15 additional Airbus A350-900s worth $6 billion after a spat between it and the European manufacturer went unusually public during this week’s Dubai Air Show …

Posted on 16/11/2023

COP28 Dubai: No room for ‘ping pong politics’ on climate pledges, business engagement is a must, says expert

There’s no room for ‘ping pong politics’ on climate policies at COP28, says Badr Jafar, calling for greater private sector and philanthropic engagement for a successful COP …

Posted on 16/11/2023

Dubai: A taxi for your baggage? This firm helps tourists explore city bag-free

Dubai, over the years, has become a magnet for millions of leisure and business visitors. Many travellers land during the wee hours — with lots of time to ..

Posted on 16/11/2023

From Dubai to Guinea-Bissau: Apus Energy’s bold bet on a 470M barrel bonanza

In a landmark deal signaling robust growth, Apus Energy, the Dubai-based energy conglomerate, has entered into a formidable drilling contract for Diamond Offshore’s state-of-the-art Ocean BlackRhino …

Posted on 16/11/2023

Abu Dhabi Judicial Department complete first notary transaction in English and has it digitally notarized

The ADJD has conducted the first notary transaction in English and has it digitally notarised, using video communication technology, through the Notary Services Bureau in English, the first of its …

Posted on 16/11/2023

Web 3 & AI Professionals Choose Dubai as New Home, But Why?

The broad spectrum of future technology is evolving fast. Lightning fast. As future tech companies have started to demand more from the cities they call home, investors also began to find themselves …

Posted on 16/11/2023

UAE Corporate Tax: Big relief for commodity traders in free zones

Commodity businesses at free zones will be much pleased with latest corporate tax updates The taxation aspect at UAE free zones is back into focus. A new cabinet decision and a corresponding …

Posted on 16/11/2023

Going for gold: Hong Kong ousts Dubai as biggest hub for Russian bullion trade

The shift to Hong Kong has been driven by US sanctions on Russia’s top gold miners, as well as a crackdown by the UAE on illicit activities in its bullion market …

Posted on 16/11/2023

Ripple effect of sea level rise on UAE’s coastal area

The UAE government and regional NGOs are working hard to mitigate the worst effects of climate change for greater climate resilience. The government has pledged to cut its greenhouse gas emissions “by …

Posted on 16/11/2023

Workers by day, businessmen by night: How Dubai workers generate extra income with acquired talents

These leverage their talents, creating extra income for them in the evenings. A plumber, electrician, or cleaner during the day, and a tailor, vegetable vendor, or juice maker by night. One of the …

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