Country has made headway in building a knowledge-based model that has improved its global competitiveness, Economy Minister says The UAE is considering initiatives to solidify its position as a permanent centre for global talent working in new economy sectors, from renewable energy to artificial intelligence. The Economic Integration Committee, which is chaired by Minister of Economy Abdulla bin Touq, …
The company marks its first entry into the Middle East The signing ceremony took place in the presence of Li Xuhang, Consul General of China in Dubai; Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South; Miao Jianmin, chairman of China Merchants Group; and Song Rong, executive director and President of …
Dubai South signs MoU with Sinotrans to expand its presence in the Middle East Read More »
Investors from around the globe are flocking to Dubai, drawn by its iconic developments, economic stability, attractive pricing, tax benefits, and booming tourism high-end residential units costing upwards of $10 million in the first six months of the year, and topping London, New York and Paris for the first time, Knight Frank’s Destination Dubai 2023 …
The MoU reflects the strong economic partnership between Hong Kong and the Middle East Dubai Multi Commodities Centre (DMCC), the premier free zone in Dubai with 23,600 registered companies, partnered with the Hong Kong-Middle East Business Chamber (HKMEBC) to co-host a significant seminar on September 21. Titled ‘Embracing New Business Opportunities: Navigating Hong Kong-Dubai Trade …
HKMEBC and DMCC signs MoU to strengthen Hong Kong-Middle East business ties Read More »
As UAE marks 2023 as the Year of Sustainability, companies in the UAE are coming up with novel ideas to contribute to efforts combating global warming As sustainability takes centre stage ahead of COP28 in Dubai, UAE residents can also contribute by planting a tree by merely opening a bank account with a local bank. …
Dubai to Witness the World’s Largest Web3 Conference: ABC Conclave to Unite Global Web3 Pioneers in Dubai World Trade Centre Dubai, United Arab Emirates–(Newsfile Corp. – September 19, 2023) – ABC Conclave, is set to gather blockchain enthusiasts, industry leaders, and innovators from around the globe on 7-8 October 2023 at the prestigious Dubai World …
The UAE ranks amongst the top world leaders in solar energy use, driven largely by the pioneering vision of the UAE government’s ambitious leadership, according to a recent report published by the Energy Institute Statistical Review of World Energy. With three of the planet’s largest solar sites, the UAE is the 6th highest per capita …
UAE ranks amongst world leaders in Solar Energy: Report Read More »
The UAE is the most popular destination for expatriates as the emirate rated highest for expat lifestyle, earnings and family stability, according to a survey. The HSBC latest research across nine key markets rated the emirate most highly for five of the top 12 motivations behind the decision to relocate international. Motivations to move see …
UAE rated highest for expat lifestyle, earnings and family stability Read More »
The UAE introduced corporate tax on June 1, in line with the government’s stated policy of diversifying sources of revenue. Nimish Goel, Partner at WTS Dhruva Consultants, answers key questions related to the intitiative: What are the main issues regarding the implementation of corporate tax in the UAE? When any new tax is implemented, there …
The UAE government has provided a privilege, called the Small Business Relief (SBR), to small businesses in the UAE to ease the implementation of corporate tax. This relief is only available to resident taxable persons – either a natural or juridical, with a gross business income of up to Dh3 million in the relevant tax …
