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Tag: tax

Posted on 21/02/2024

Astra Tech emerges as largest fintech card Issuer

In just four months, Astra Tech has become the largest fintech issuer in the industry, via its Mastercard offering. This rapid achievement not only highlights the company’s efficiency and innovation …

Posted on 21/02/2024

Dubai: Damac chief sees influx of Chinese investors driving next rally in property market

The billionaire added that Dubai is benefiting from regional and global safety and security and low taxes, hence, there has been` an influx of top talent and businessmen from Europe, the US and other …

Posted on 21/02/2024

UAE firms boost cybersecurity budgets by 35% to beat AI-powered ransomware attacks

Companies in the UAE have increased their budget for cybersecurity by as much as 35 per cent as compared to maximum 30 per cent global surge over the past year, following a study that revealed 7 out …

Posted on 21/02/2024

Emirates announces daily flights from Dubai to Bogotá; UAE and Colombia waive visas

The daily flights to Bogotá, South America’s second largest city by population, will help cater to strong and growing demand for air travel between Colombia and the UAE as well as between Colombia and …

Posted on 21/02/2024

Hamdan bin Mohammed highlights Dubai’s efforts to be at forefront of global trade

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, reaffirmed that Dubai continues to enhance its position as a leading global hub …

Posted on 21/02/2024

UAE tipped to exit FATF ‘grey list’ on Friday

The UAE is tipped to come off the Financial Action Task Force’s (FATF) “grey list” on February 23 after nearly two years, signifying the country’s impressive progress in addressing shortcomings in its …

Posted on 21/02/2024

Adnoc fires starting gun on huge expansion project on world’s second-largest offshore oilfield

Abu Dhabi National Oil Company (Adnoc) has initiated the chase for a sizeable engineering, procurement and construction (EPC) contract involving the further expansion of Upper Zakum, the largest …

Posted on 21/02/2024

22.139 million travel bags handled by Dubai Customs in Dubai Airports during H1 2023

DUBAI, 17th July, 2023 (WAM) — Dubai Customs, through its Airports customs centres, under the management of the Passenger Operations Department, have efficiently handled over 22.139 million travel …

Posted on 21/02/2024

Emirates NBD joins Dubai FinTech Summit as the Premium Banking Partner

Dubai FinTech Summit will serve as the perfect platform for Emirates NBD to showcase its cutting-edge solutions and initiatives This event will spotlight the bank’s efforts in developing …

Posted on 21/02/2024

Abu Dhabi Sovereign Wealth Fund in Talks for Heathrow Airport Stake Alongside Saudi and Qatar

Abu Dhabi sovereign wealth fund is considering an investment in London’s Heathrow Airport, potentially joining forces with Saudi and Qatari investors.

Posted on 21/02/2024

Destruction of 56 tonnes of food unfit for human consumption in Abu Dhabi

Additional 40 tonnes of food products barred from local market in 2023 Abu Dhabi: The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) confirmed that 56 tonnes of food materials unfit for …

Posted on 21/02/2024

Korea’s H2O establishes regional HQ in Abu Dhabi

Move highlights Abu Dhabi and South Korea’s shared economic goals, growing trade relations and digital innovation focus …

Posted on 21/02/2024

UAE parents relieved as India announces medical exam centres in Dubai, Abu Dhabi, Sharjah

Indian parents in the UAE were relieved as the National Testing Agency (NTA) of India announced the inclusion of several foreign testing centres for its medical exam, including Dubai, Abu Dhabi, and …

Posted on 21/02/2024

Sharjah Ruler condoles Saudi King on death of Prince Mamdouh bin Abdulaziz

SHARJAH, 2nd December, 2023 (WAM) — H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has sent a message of condolences to the Custodian of the Two Holy …

Posted on 21/02/2024

Dubai International Chamber highlights opportunities for growth in emirate’s vibrant F&B sector at Gulfood

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully hosted a business event on the sidelines of Gulfood, the world’s largest …

Posted on 21/02/2024

Dubai’s F&B sector attracted $577mln in FDI in five years

Dubai’s food and beverage sector attracted $577 million in foreign direct investment (FDI) over the last five years, with ease of business and robust supply chains attracting capital from 23 countries …

Posted on 21/02/2024

Dubai Customs handles 5.535 million bags, makes 166 seizures at Airport Terminal 2 in 2022

Dubai Customs’ Terminal 2 Customs Centre has achieved a remarkable feat by handling 5 535 million bags and making 166 seizures in 2022 To promote t …

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