30 per cent tax removed from alcoholEffective from Sunday, January 1 2023, the 30 per cent tax will be removed from all alcohol purchases in Dubai in 2023. Both alcohol shops MMI and African and Eastern have confirmed the news to their customers, stating that the 30 per cent tax will be excluded from their […]
The Ministry provides a package of incentives for distinguished establishments that make qualitative achievements in training and employing Emiratis ABU DHABI – The Ministry of Human Resources and Emiratisation (MoHRE) has announced that it has applied financial contributions to private sector companies for failing to achieve the Emiratisation targets stipulated for the year 2022. This […]
The UAE’s economy is thriving, presenting a multitude of emerging opportunities across various industrial sectors. The Logistics and Trade sector, in particular, has reached a level of maturity and perpetual expansion, attracting substantial foreign investment and making a substantial contribution to the overall economy. What makes UAE the ideal destination for establishing a logistics company? […]
The UAE is a thriving hub of business, steadily climbing the ranks to become one of the world’s top trade destinations. According to the Ease of Doing Business Index, the UAE is proudly ranked as the number one Middle Eastern country. The UAE government actively supports initiatives that fuel business growth. Obtaining a company license […]
ENOC Group continues robust retail expansion in Dubai opens two new service stations. Image Courtesy: ENOC GroupDuring the fourth phase, ENOC personnel at service stations will assist motorists in reporting minor accidents and obtain accident against unknown party reports in a few minutes. DUBAI – Dubai Police, in cooperation with the Emirates National Oil Company […]
UAE amends VAT Decree Law• The United Arab Emirates (UAE) Ministry of Finance (MOF) announced the issuance of Federal Decree Law No. 18 of 2022 amending Federal Decree Law No. 8 of 2017 relating to Value Added Tax (VAT).• The amendments allow an extension to the general statute of limitation of five years and specify […]
Employees of private sector companies and federal government departments can subscribe to the scheme from as low as Dh5 per month;Purchasing an insurance scheme against job loss will be a mandatory requirement once the programme goes into effect from January 1, 2023, the Ministry of Human Resources and Emiratisation (MoHRE) has announced.Employees of private sector […]
Dubai, a prominent trade, finance, and economic hub in the Middle East, offers tremendous potential for establishing a financial services company. With its robust financial infrastructure driving regional economic growth, Dubai emerges as a highly advantageous destination for investors seeking to capitalize on the finance sector and foster business growth. The city’s technological advancements in […]
Move is aimed at speeding up the claims process, improving the public’s access to legal assistance and reducing the need for court appearances. Residents in Abu Dhabi are now able to file lawsuits through a mobile application in order to speed up the claims process, improve the public’s access to legal assistance and reduce the […]
Spy case Brit arrives home after UAE pardonMatthew Hedges returns to the UK after being one of 700 prisoners pardoned by the UAE President. British academic Matthew Hedges returned to London on Tuesday, his family said, a day after the UAE pardoned his life sentence for spying in a case he described as “very surreal”.He […]