by PREMA Team | Jan 23, 2025 | Business
The Abu Dhabi government has launched its Digital Strategy 2025-2027, aiming to transform the emirate into the world’s first fully artificial intelligence-powered government by 2027. Led by the Department of Government Enablement – Abu Dhabi (DGE) in collaboration...
by PREMA Team | Jan 22, 2025 | Business
The region saw 53 initial public offerings during 2024 and the funds raised marked a 23 per cent increase compared to the previous year, where issuers raised $10.7bn through 46 offerings. Corporate IPOs raised $ 8.9bn, or 67 per cent of the total GCC IPO proceeds...
by PREMA Team | Jan 21, 2025 | Business
The UAE has thwarted a massive number of cyber attacks as it protects businesses and entities from digital crime. The UAE Cyber Security Council announced that the national cybersecurity systems successfully thwarted malicious ransomware attacks targeting...
by PREMA Team | Jan 20, 2025 | PREMA Insights
In the UAE, businesses can reduce their taxable income by deducting certain expenses. However, not all expenses qualify for deductions under the Corporate Tax Law. The rules are designed to ensure that deductions apply only to legitimate business expenses while...
by PREMA Team | Jan 20, 2025 | Business
Dubai has issued a new initiative that will allow private property owners of all nationalities in the Sheikh Zayed Road and Al Jaddaf areas to convert their ownership to freehold status, in a move aimed at boosting the city’s position as a major hub for real...
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