by Danissa Guotana | Mar 8, 2024 | Business, Other Tax
Dubai has announced a new tax to be levied on foreign banks in the city. In his capacity as the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No. (1) of 2024 on taxation of foreign banks. The Law...
by Danissa Guotana | Feb 16, 2024 | Business
UAE Golden visa rule changes will bring a diverse pool of investors to the Dubai real estate sector, according to analysis by Springfield Properties. In a bid to foster greater investor participation in the real estate sector and deepen ties with residents, the...
by Danissa Guotana | Feb 2, 2024 | Business
The Middle East and North Africa (MENA) region centering on Dubai has developed into an integral hub for both fintech and online trading. This has coincided with a surge of investment, startups, and venture capital, underscoring the potential in this region in 2024...
by Danissa Guotana | Feb 2, 2024 | Business
The Dubai government’s $136 million SME push to help small business to globalise will trigger an immediate influx of entrepreneurs and top talents from around the world to either expand or set up new businesses in the emirate, before taking them global,...
by Danissa Guotana | Jan 17, 2024 | Business
The Cyber Security Council of the UAE government warned the residents of the dangers of fraud in cryptocurrencies, as they constitute a cross-border threat that requires vigilance from dealers. Dr Mohammed Hamad Al Kuwaiti, Chairman of the Cybersecurity Council, said...
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