by PREMA Team | Nov 28, 2023 | AML
The Central Bank of the UAE (CBUAE) on Tuesday lifted administrative measures imposed on a bank operating within the UAE. These measures were initially enacted in response to the bank’s non-compliance with the CBUAE’s directives regarding the appointment...
by PREMA Team | Nov 25, 2023 | Business
Shareholders in Dubai Taxi Company are looking to raise as much as Dh1.16 billion ($315 million) through its listing on the Dubai Financial Market as part of the emirate’s push to broaden its capital markets. The company is selling 624.75 million shares,...
by PREMA Team | Nov 20, 2023 | Business
The number of UAE business licences linked to creative activities registered in the country reached 932,000 by the end of the first half of 2023, amid the government’s efforts to attract more businesses and boost the economy. The latest data was revealed...
by PREMA Team | Nov 17, 2023 | Corporate Tax
The UAE Ministry of Finance on Friday announced new corporate tax decisions for companies in free zones as it seeks to standardise regulations with international frameworks. The new decisions aim to clarify the scope of both qualifying and excluded...
by PREMA Team | Nov 17, 2023 | Business
Emaar Properties, Dubai’s largest listed developer, reported a 42 per cent annual jump in its nine-month profit on higher sales as the UAE property market continues to grow strongly. Net profit for the nine months to the end of September climbed to Dh8.2...
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