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Tag: tax

Posted on 24/08/2023

Banking sector fintech major Zafin to set up third global operational centre in Dubai

It is also in talks with Microsoft, its global partner for cloud operations, to explore the tech giant’s data centre spread out in the region for tie-ups for housing data related activities Banking …

Posted on 24/08/2023

Dubai Chambers advances sustainability agenda

Dubai Can’ is aimed at educating and mobilising all segments of society to reduce waste and protect the environment. Dubai Chambers has introduced a series of measures to implement best practices in …

Posted on 24/08/2023

DWTCA Free Zone records staggering 250% growth in licence renewals in H1 2023

Licence renewals grew from 254 in H1 2022 to 892 in H1 2023 (+250%), reflecting robust tenant satisfaction levels …

Posted on 24/08/2023

UAE: Indian rupee soars against dirham, records highest single-day gain in 2 months

Forex traders say selling pressure in the greenback and retreating crude oil prices also gave the Indian currency a boost …

Posted on 24/08/2023

UAE’s four largest banks post profit rise on interest income boost and economic momentum

Profits of the four largest banks in the UAE grew sharply in the first half of this year, boosted by rising interest rates and the strong growth momentum in the Arab world’s second-largest economy, …

Posted on 24/08/2023

UAE’s top banks’ combined profits soar 68% on higher rates, business activity

The UAE’s biggest banks, which account for 77% of banking assets, notched up a combined net profit of $7.4 billion in H1 2023, up 68% from $4.4 billion for the same period of 2022.

Posted on 24/08/2023

‘Dubai Integrated Economic Zones’ reports 5% YoY increase in total revenue in H1-23

The Dubai Integrated Economic Zones Authority (DIEZ) today announced its operational and financial results for the first half of 2023. The results reveal a 5% year-on-year increase in total revenue …

Posted on 23/08/2023

Leaving the UAE: Cancelling visas, paying debts, closing bank accounts, tax, farewell

Even though it is now possible to retire in the UAE through the Golden Pension scheme, not everyone will choose to remain in the country for the rest of their lives. If you have decided to head home, …

Posted on 23/08/2023

Dubai Integrated Economic Zones Authority’s first-half revenue jumps 5%

The Dubai Integrated Economic Zones Authority, which includes the Dubai Airport Free Zone, Dubai Silicon Oasis and Dubai CommerCity, reported a 5 per cent annual increase in its total revenue in the …

Posted on 23/08/2023

Sharjah Chamber Conducts Workshop On Premier Event Management Techniques

(wam) — the sharjah training and development centre (stdc), operating under the umbrella of the sharjah chamber of c …

Posted on 23/08/2023

We will give you money only when you train our children Sultan tells Sharjah Clubs

The subsidy allocated for clubs will be measured by the activities provided by each club for the community, says Sheikh Sultan.

Posted on 23/08/2023

Club Subsidies Measured By Community Services Rendered: Sharjah Ruler

(wam) – h.h. sheikh dr. sultan bin muhammed al qasimi, supreme council member and ruler of sharjah, sent a message to …

Posted on 23/08/2023

UAE: ‘Dubai Integrated Economic Zones’ reports 5 pc YoY increase in total revenue

The Dubai Integrated Economic Zones Authority (DIEZ) today announced its operational and financial results for the first half of 2023. The results reveal a 5 per cent year-on-year increase in total …

Posted on 23/08/2023

UAE: Should you remit or hold on to your cash when currency hits record lows?

Industry executives suggest that as and when there is a big drop in the currencies, expats should take advantage of it and remit the funds …

Posted on 23/08/2023

AD Ports Group’s economic cities, free zones and digital cluster enhances customer experience

Another key service improvement, the Customs Registration Number integration … Dr. Ali Hussain Makki, Executive Director – Logistics and Trade Facilitation Sector at the Abu Dhabi Department of …

Posted on 23/08/2023

Here’s how this Abu Dhabi firm is reshaping global pharma supply chain

Abu Dhabi-headquartered Hayat Biotech, a joint venture between G42 and Sinopharm CNBG, is playing a pivotal role as a seamless bridge connecting the East and West, a top official said. The strategic …

Posted on 23/08/2023

UAE: How Dubai, Abu Dhabi tackle the problem of abandoned vehicles

Dubai Municipality has initiated a campaign against abandoned vehicles as residents return from summer holidays. The “Clean Vehicle, Sustainable City” campaign aims to raise awareness about the …

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