by PREMA Team | May 23, 2025 | Business
UAE banks have announced deals to offer $10.9bn of financing to boost the industrial sector. Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, witnessed the signing of five Memoranda of Understanding (MoUs) between the ministry and a...
by PREMA Team | May 22, 2025 | Business
The UAE’s e-commerce market reached AED32.3bn ($8.8bn) in 2024 and is projected to surpass AED50.6bn ($13.8bn) by 2029, according to a report released by EZDubai, the fully dedicated e-commerce zone in Dubai South. The UAE’s e-commerce sector continues to...
by PREMA Team | May 21, 2025 | Uncategorized
The Ministry of Finance (MoF) has announced the issuance of Cabinet Decision No. (55) of 2025 on Exempting Certain Persons from Corporate Tax for the purposes of Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses. The decision...
by PREMA Team | May 19, 2025 | Business
The UAE is solidifying its position as a regional and global fintech hub, driven by forward-looking strategies, flexible regulatory frameworks, and strong support for innovation. The sector has seen rapid growth in recent years, spurred by government...
by PREMA Team | May 16, 2025 | Business
Sharjah Economic Development Department (SEDD) launched a trade name issuance service using artificial intelligence (AI), marking a significant step forward in the department’s digital transformation journey. The initiative is aimed at improving the service...
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