Thursday, November 21, 2024
Today's News
Thursday, November 21, 2024
Today's News

Business

Is UAE still the Tax Haven after the introduction of Corporate Tax?

History of taxes in the UAE Globalization has earned every country an international reputation according to its unique selling points. The UAE’s brand has been built on its well-known reputation as a tax haven, offering a 0% rate on corporate income, personal income, capital gains,…
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10 Rules You Need to Follow in the Corporate Sector

Navigating the corporate world can be challenging, especially if you're new to the environment. Success in the corporate sector isn't just about delivering results; it also involves understanding and adhering to the unwritten rules that guide professional behaviour. Here are ten essential rules to help…
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No more long-term tax benefits for debt mutual funds: NRIs will be affected, here’s how

New tax obligation guidelines to be applied to investments made on or after April 1-- not prior to then Dubai: In what was commonly considered as a historical move, India authorized the elimination of long-lasting tax obligation advantages for financial obligation funds. However isn't this…
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With Corporate Tax, UAE businesses still have time to mend wrong transaction entries

Even with a wrongful deal entry, companies can make ideal modifications in adequate time Tax has actually been fairly new for UAE business owners. The Value Included Tax Obligation (BARREL), presented January 1, 2018, was the very first tax regime that influenced services throughout the…
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UAE approves 24 national initiatives to bolster re-export industry

Cupboard also talked about the outcome of the Supreme Committee completely free Trade Arrangements The UAE government has accepted 24 nationwide efforts to double the country's re-export market by 100 per cent over the following seven years. The campaigns, which will certainly utilize the UAE's…
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Oman real estate: $1.2bn of property deals in February

Oman saw $1.2 bn of real estate transactions in February Oman saw $1.2 bn (OR447.3 m) of real estate transactions in February, according to information from the National Centre for Statistics and also Info (NCSI). The figure stands for an increase of 17.4 per cent…
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External financing needs weigh on Egypt’s economic outlook: Morgan Stanley

The American establishment likewise stressed the importance of attaining a progression in regards to structural reforms in the North African country Arab Finance: Egypt has positive aspects to attain medium-term development; nevertheless, the big exterior financing demands are weighing on its macroeconomic outlook, Asharq Business…
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Bahrain’s economy grew by 4.9% last year, the highest since 2013

Bahrain's economic situation expanded by 4.9 percent in 2022, the highest possible rate given that 2013, underpinned by a robust performance in the nation's non-oil industries that were targeted under its economic reform strategy. The Gulf country's development was led by a 6.2 per cent…
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Markaz launches first of its kind ‘GCC Momentum Fund’

Fund to provide the momentum methodology throughout the GCC Kuwait Financial Centre "Markaz" revealed the launch of its newest "GCC Momentum Fund,"the very first fund of its kind to purchase the GCC markets. The Fund's method is to buy show high energy rating as well…
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ADX’s latest listing Presight AI zooms to Dh3.95 in minutes from Dh1.34

Presight AI complies with very same charts as sis firm Bayanat Ai, which acquired 277% on Day 1. Dubai: There is no holding back Abu Dhabi's most recent ADX listing, that of Presight AI, which is now trading at Dh3.5 against the deal price of…
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Air Jordans are highly desired tennis shoes A 16-year-old child is recouping after being beaten subconsciously on a Manhattan road by a group that stole his Air Jordan tennis shoes.…
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Christina Karam hits winning note with songs for Egypt
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Increasing celebrity uses music to advertise country's appeal in 'Egypt Deserves' project A rising star…
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