by Danissa Guotana | Mar 13, 2024 | Business
As many as 15,481 new Indian-owned companies became members in 2023, marking a year-over-year (YoY) increase of 38 per cent. Pakistan ranked second, with the chamber welcoming 8,036 new Pakistani businesses last year – a remarkable growth rate of 71.2 per cent...
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,...
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