The Ministry of Finance on Tuesday announced the issuance of Cabinet Decision No. 10 of 2024, amending the schedule of of Cabinet Decision No. 75 of 2023 related to the application of the law on the …
Number of private firms in UAE complying with Labour Accommodation System rises by 1000%
The initiative aims to enhance the quality and wellbeing of workers in the UAE, advancing the country’s position as one of the top global destinations for living, working, and investing. The Ministry …
Dubai Taxi increases total number of vehicles to 5,660; market share expected to rise to 46%
Dubai Taxi Company (DTC) has expanded its fleet with the acquisition of 94 new licence plates in the latest auction hosted by the Roads and Transport Autho..
Dubai government starts up Parkin IPO
The Emirate of Dubai has launched the privatisation of Parkin Company, the government’s public car park business, via an IPO on the Dubai Financial Market. In a regulatory filing on Tuesday, the …
UAE announces $2,700 tax fines
The UAE has announced new tax fines of more than $2,700 for companies failing to register for Corporate Tax in the country.
Parkin Company announces intention to float on Dubai Financial Market
12th March 2024 for UAE Retail Investors and on Wednesday, 13th March 2024 for Qualified Investors. The Internal Sharia Supervision Committee of Emirates NBD Bank PJSC has issued a Shariah …
Crypto Crime Down in 2023 as Binance Boosts Compliance Investment by 35%
The recently published 2024 Crypto Crime Report by blockchain data firm Chainalysis, reveals a notable decline in crypto-rel …
UAE grey list removal is a testament to the nation’s continued resolve to combat financial crime
That borderless threat: financial crime. In the UAE we have been taking decisive action to address this digitally driven criminal age. Over the past few years, we have made significant progress in …
UAE: 1,000% increase in number of private firms complying with labour accommodation rules
A total of 103 inspection campaigns were carried out in 2023 in collaboration with four federal and local government entities …
Dubai real estate: As off-plan property sales are booming, which are the best areas to invest in?
With the real estate market in Dubai reaching an all-time record of $9.6bn in January 2024, there has been remarkable sales growth. This surge is predominantly driven by unprecedented demand in prime …
Dubai International Boat Show set to kick off on February 28
The Boat Show will feature over 1,000 brands, including 400 new companies, showcasing a wide range of international marine attractions …
Dubai to host fifth edition of Gov Games starting 29 February
Dubai is set to welcome teams from around the world for the eagerly anticipated kick-off of the fifth edition of the Gov Games, as the city once again shines the spotlight on the power of sports to …
Dubai International Boat Show gears up to celebrate its 30th edition at Dubai Harbour
Dubai, UAE – Dubai International Boat Show (DIBS), the region’s largest and most established marine lifestyle show, is set to bring together maritime investors, experts and enthusiasts at Dubai …
Parkin Company PJSC announces intention to float on the Dubai Financial Market
Dubai, UAE: Parkin Company PJSC (“Parkin” or the “Company … opportunities for monetization in collaboration with the RTA and Dubai Electric and Water Authority (DEWA), the exclusive provider of …
Huawei and du sign strategic cooperation MoU, building the 5G advanced country
The MOU will continue to lead the digital UAE by building the 5G Advanced country project. Establish a demonstration benchmark for 5G Advanced commercial networks in the Middle East and around the wor …
MBZUAI celebrates UAE Innovation Month
To coincide with UAE Innovation Month, here are five of the most influential … To help combat this, the university pioneered the AI Operating System (AIOS), a technology designed to substantially …
Morgan Lewis, Baker Botts Add Employment, Technology Partners in Dubai
Two U.S.-based law firms have added partners to their Dubai offices. Morgan Lewis has hired partner Rebecca Ford in Dubai from Clyde & Co., where she will continue to handle contentious and …