March 2024

Abu Dhabi: New deal signed for work permits, licence transfers of Al Reem firms

Leave a Comment / Khaleej Times /

The transfer of work permits and licences of Al Reem Island-based companies to Abu Dhabi Global Market (ADGM) has been streamlined to create an attractive and supportive work environment for the business sector in the Capital. The Ministry of Human Resources and Emiratisation (Mohre) and ADGM signed a memorandum of understanding on Friday that will “enhance ease […]

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tax regulations

Tax Regulations: A Guide to Understanding Taxes in Dubai

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Dubai, renowned for its luxurious lifestyle, gleaming skyscrapers, and thriving business environment, stands as a beacon of opportunity in the Middle East. Amidst its allure, understanding tax regulations in Dubai is crucial for residents, entrepreneurs, and corporations alike. As a rapidly growing global hub for business and commerce, Dubai offers a unique tax landscape that

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Realising UAE Net Zero 2050 will push GDP to $1tn, says Green Future Project boss

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Besides, collaboration between federal and local governments, the private sector, and communities could yield an extra AED70 billion to the UAE with investments offset by long-term cost savings by 2080. Realising UAE Net Zero 2050 could help the country grow its GDP by approximately $1 trillion, with the country striving to be a leader across all domains,

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GCC sees 22% rise in wealth management companies to a record 240

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Over past year, the total number of companies offering wealth management solutions soared by 22 per cent to reach a new record of 240 regulated organisations across the GCC, a new report showed. The 13th and latest edition of the Middle East Investment Panorama (MEIP) report of Insight Discovery, a financial services consultancy firm, looks

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