Abu Dhabi: New deal signed for work permits, licence transfers of Al Reem firms

The transfer of work permits and licences of Al Reem Island-based companies to Abu Dhabi Global Market (ADGM) has been streamlined to create an attractive and supportive work environment for the business sector in the Capital. The Ministry of Human Resources and Emiratisation (Mohre) and ADGM signed a memorandum of understanding on Friday that will “enhance ease […]

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tax regulations

Tax Regulations: A Guide to Understanding Taxes in Dubai

Dubai, renowned for its luxurious lifestyle, gleaming skyscrapers, and thriving business environment, stands as a beacon of opportunity in the Middle East. Amidst its allure, understanding tax regulations in Dubai is crucial for residents, entrepreneurs, and corporations alike. As a rapidly growing global hub for business and commerce, Dubai offers a unique tax landscape that

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Realising UAE Net Zero 2050 will push GDP to $1tn, says Green Future Project boss

Besides, collaboration between federal and local governments, the private sector, and communities could yield an extra AED70 billion to the UAE with investments offset by long-term cost savings by 2080. Realising UAE Net Zero 2050 could help the country grow its GDP by approximately $1 trillion, with the country striving to be a leader across all domains,

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GCC sees 22% rise in wealth management companies to a record 240

Over past year, the total number of companies offering wealth management solutions soared by 22 per cent to reach a new record of 240 regulated organisations across the GCC, a new report showed. The 13th and latest edition of the Middle East Investment Panorama (MEIP) report of Insight Discovery, a financial services consultancy firm, looks

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Dubai’s Union Properties enters into Dh1.2 billion settlements with Emirates NBD, Dubailand

Dubai’s listed developer Union Properties PJSC, on Friday, announced a breakthrough in its ‘legacy debt’ restructuring challenges by entering into a settlements with EmiratesNBD and Dubailand for Dh1.25 billion. Under the agreement with Dubai’s biggest bank, Union Properties will pay a settlement amount of Dh850 million to Emirates NBD in installments within nine months of

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UAE foils attempted cyberattacks by terrorist groups

The UAE thwarted cyberattacks carried out by terrorist organisations that targeted a number of vital and strategic sectors in the country, as confirmed by the UAE Cyber Security Council. The council said that cyber emergency systems had been activated nationwide in cooperation with all relevant authorities. These systems were able to professionally and efficiently repel

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business setup consultants in dubai

Navigating the Future: PRO Business Setup Trends Redefining Success

Introduction: In the dynamic landscape of entrepreneurship, staying abreast of the latest trends is crucial for pro-business setup. As we embrace the ever-evolving nature of the business world, it becomes imperative to adapt and capitalize on emerging trends. In this blog, we’ll delve into the key trends shaping the landscape of PRO business setup, providing

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offshore business

Unlocking Opportunities: The World of Offshore Business

In the ever-evolving landscape of global commerce, offshore business has become a prominent and sometimes controversial facet. The concept of offshore business refers to the establishment of companies, financial accounts, or assets in jurisdictions outside one’s home country. This practice, often associated with tax planning, asset protection, and international trade, has both its proponents and

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