tax law Featured UAE Introduces New Tax Law… UAE announces eInvoicing to simplify tax procedures for businesses in the country.
Abu Dhabi Featured Gold Prices Surge to All-Time High… Gold prices surging to an all-time high of $2,708 last week, as expectations of further rate cuts by the US Federal Reserve and uncertainties over the impending US election, boosted demand for bullion.
Abu Dhabi Featured Dubai Rises as Epicentre of PropTech Innovation… PropTech startups in the MENA region secured $200 million in funding in the first half of 2024.
Dubai Featured UAE Announces Ramadan 2024 Working Hours for Public and Private Sector… UAE News: The UAE has announced reduced working hours for the public and private sectors during Ramadan 2024. The Ministry of Human Resources and Emiratisation (MoHRE) announced a reduction of two working hours per day for private sector employees during the Holy Month of Ramadan. UAE is forecast to grow
Taxation in UAE Featured UAE has No Plans to Introduce an Income Tax or Raise VAT… UAE has no plans to introduce an income tax or raise VAT, reiterated the Undersecretary of the Ministry of Finance on the sidelines of the World Governments Summit in Dubai.