Mubadala’s deployed capital grew by 33.7 per cent in 2024 from the previous year to Dh119bn
This remains an evolving situation, and further changes or disruptions may occur
The FTA clarified that this exemption applies only to the first tax period of the taxable person
This is the first financial year that the UAE corporate tax, enacted in 2023, is applied to the Emirates Group
The steps are part of a broader ministerial initiative to bring order to market dynamics and prevent price manipulation or supply disruptions
The move will further cement Yas Island’s reputation as one of the world’s top integrated leisure destinations.
Employees have the right to object to test results within 30 days of notification and its framework aligns with international best practices
Expats wishing to regularise their status by renewing their residency or transferring their employment within Oman
IHC’s revenue increased by 41.1 per cent year-on-year to Dhs27.2bn, supported by strong performance across core verticals
The RTA has also upgraded the traffic light system at the intersection of Al Doha and Halab Streets
Workplaces of an “unconventional” nature may determine their holiday schedules at their own discretion
The new name will also be reflected across RTA’s smart digital systems, public transport applications
DP World has since replicated Jafza’s model across 11 zones globally, including in the UK, India, Dominican Republic, and Somaliland
The ministry emphasised that penalties will increase based on the number of violating individuals accommodated, sheltered, or assisted
RTA reported that app downloads grew by 18 per cent to 3.742 million, while registered users surged 27.5 per cent to 1.94 million
The initiative aims to establish a sustainable endowment fund that provides healthcare for the less fortunate
Collectively, these projects are designed to support a growing population projected to reach 8 million by 2040
The Labour Law allows employees to take paid leave to perform Hajj once during their period of service
The change aligns with efforts to enhance customs procedures and uphold the integrity of vehicle registration systems
The “Saudi Land” pavilion attracted over 46,000 visitors and featured immersive activations promoting summer destinations like Aseer, Al Baha, Soudah, and Taif
Chief Commercial Officer Adnan Kazim at the Arabian Travel Market mentioned that numerous uncertainties require careful attention and monitoring
The MENA non-oil importers are now expected to see real GDP growth of 3.4 per cent in 2025, versus an earlier forecast of 3.6 per cent
The operators of both airports have confirmed that all services at DXB will transition to DWC, which is expected to fully absorb operations within the next 10 years
Job vacancy announcements and interviews must not contain any form of discrimination, including those based on gender
The programme offers businesses a range of benefits that scale with travel volume, including special corporate rates and priority services
The initiative will see the development of solar power plants across three of GWC’s strategic logistics hubs: Logistics Village Qatar, Bu Sulba Warehousing Park, and Al Wukair Logistics Park
India remained DXB’s top destination country, with 3 million guests, followed by Saudi Arabia at 1.9 million
This landmark project is the first and only Trump International Hotel & Tower in the Middle East
Oil prices extended declines on April 30 and were set for their largest monthly drop in more than three years
The tower, expected to be completed between 2030 and 2031, will have a gross development value of $1 billion