by Danissa Guotana | Jun 13, 2023 | Business
India and the UAE look to more than double non-oil bilateral trade to USD 100 billion by 2030, Commerce and Industry Minister Piyush Goyal said on Monday. At present, the non-oil bilateral trade stands at USD 48 billion. The new target was agreed upon during the first...
by Danissa Guotana | Jun 9, 2023 | Business
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), announced the launch of the Dubai Centre for Artificial Intelligence (DCAI). The...
by Danissa Guotana | Jun 8, 2023 | Business, ESG
ESG refers to the three key areas that companies should consider when evaluating their overall impact on society and the environment. Let’s take a closer look at each of these components: Environmental: This aspect focuses on a company’s environmental...
by Danissa Guotana | Jun 6, 2023 | Accounting, Business, Corporate Tax, Other Tax
The UAE has issued rules on whether income from real estate investments is subject to corporate tax in the country. The Ministry of Finance announced the rules in a cabinet decision, which clarifies rules on property across the United Arab Emirates. It outlines...
by Danissa Guotana | Jun 1, 2023 | AML, Business
In the first quarter of 2023, the Ministry of Economy imposed fines worth Dh65.9 million on 137 companies operating in the UAE’s designated non-financial business or professions (DNFBP) sector, following an inspection of 840 companies for failing to comply with...
Recent Comments