Ministry of Finance Issues Explanatory Guide for Corporate Tax Purposes
● The Guide provides an article-by-article explanation of the meaning and intended effect of the provisions of the Corporate Tax Law and its implementing decisions. ● The Explanatory Guide reflects the Ministry's commitment to ensuring taxable persons ar
Transguard signs deal to transport and safeguard diamonds and jewellery from India
India’s gems and jewellery exports to the UAE have surged in the past year, thanks to the Comprehensive Economic Partnership Agreement (CEPA) between the two countries, and there’s no one better to protect these precious and priceless items than Transguar
Real Estate and Properties Transactions Soar to AED 9.4 Billion in One Week: Insights into Top Transactions, Hotspots, and Mortgages
The real estate and properties transactions valued at AED 9.4 billion in total during the week ending 12 May 2023. The sum of transactions was 3,112. 170 plots were sold for AED 1.89 billion, 2,261 apartments and villas were sold for AED 5.34 billion. The
Abdullah bin Zayed, Singaporean Senior Minister discuss strengthening ties
H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has met with Tharman Shanmugaratnam, Senior Minister and Coordinating Minister for Social Policies in Singapore, and discussed means of enhancing bilater
Maktoum bin Mohammed meets with CEO of Accenture
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC), met with Julie Sweet, the Chair and Chief Exec
Salik reports AED275 million in Q1 net profit
Dubai's toll operator Salik has reported a net profit of AED275 million, for Q1-2023.This was announced by the company during its meeting presided by Mattar Al Tayer, Chairman of the Board, today.“Salik recorded the highest level of quarterly revenue-gene
UAE welcomes agreement between Sudanese Armed Forces and Rapid Support Forces to protect civilians in Sudan
The UAE has welcomed the announcement by the Kingdom of Saudi Arabia and the United States that representatives of the Sudanese Armed Forces and the Rapid Support Forces in Jeddah have signed a Declaration of Commitment in order to protect civilians in S
ADNOC Distribution reports AED551 million in quarterly net profit
ADNOC Distribution today announced its first quarter 2023 results, reporting a 5.5% year-on-year and 19.4% Quarter-on-Quarter increase in net profit excluding inventory movements to AED 551 million, driven by strong performance and efficiency improvement
Hamdan bin Mohammed issues resolution on new Board of Governors of Hamdan Bin Mohammed Smart University
H. H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, has issued Executive Council Resolution No. (2) of 2023 on the formation of the new Board of Governors of the Hamdan Bin Mohamme
Haaland named FWA Footballer of the Year
After an outstanding first season in England, Erling Haaland of Manchester City received the renowned Football Writers' Association (FWA) Footballer of the Year title, it was revealed Friday.With 82% of the voting, Haaland, 22, won the award by a record-b
Dubai Investments reports AED314.45 million in quarterly net profit
The DFM-listed Dubai Investments has announced a 55% percent increase in Q1 2023 net profit to AED314.45 million, compared to AED202.55 million during the corresponding period of 2022.The total income for the Group increased to AED1.02 billion compared to
UAE presents labour market legislations to Human Rights Council
The UAE presented to the UN’s Human Rights Council (HRC) its legislative ecosystem, which regulates the local labour market, provides social security and ensures decent working conditions to UAE workers in line with the Paris Principles.Several UAE federa
Federal Tax Authority to Commence Corporate Tax Registration for Public and Private Companies from 15th May 2023
The Federal Tax Authority (FTA) has launched registration for Corporate Tax through the EmaraTax digital tax services platform for Public Joint Stock Companies and Private Companies starting tomorrow, Monday, 15 May 2023, in line with Federal Decree-Law N
DEWA presents five research papers at International Conference on IT Innovations and Knowledge Discovery 2023, Bahrain
Dubai Electricity and Water Authority (DEWA) has participated in the International Conference on IT Innovations and Knowledge Discovery (ITIKD) 2023, which was held in the Kingdom of Bahrain and organised by the College of Information Technology- Ahlia Un
Latest gold rates in UAE
Gold rates for as on 13TH May 20223 Rate in AED per gm24K AED 243.5022K AED 225.5021K AED 218.2518K AED 187.25