Dubai real estate news, Mohamed Alabbar’s funding pledge, GEMS unveils $100m school and more top news stories
uae businesses
Latest in uae businesses
Abu Dhabi
Like ‘London 20 years ago’: Why global entrepreneurs are betting big on Dubai, everything you need to know
The city has several initiatives and support entities to aid the growth and development of startups in Dubai
taxable income
UAE Ministry of Finance makes major amendments to Ministerial Decisions
Announcements relate to Tax Groups and Participation and Foreign Permanent Establishment Exemptions and aim to enhance compliance
Corporate tax
UAE salaries to fall; Corporate Tax changes; Top Dubai real estate areas; Drone deliveries launched – 10 things you missed this week
UAE and Saudi salary updates, Dubai real estate analysis, Corporate Tax changes, major health insurance update and more top stories this week
Corporate tax
UAE corporate tax hike to fuel influx of multinational companies flocking to freezones
A Domestic Minimum Top-up Tax (DMTT) will take effect in the UAE for financial years beginning on or after 1 January 2025
HSBC
UAE entrepreneurs expect wealth and success amid confidence in tax rules and investment laws
HSBC report highlights the confidence of UAE entrepreneurs in the financial success of their business
Corporate tax
UAE corporate tax guide 2024: Eligibility, exemptions, new deadline – everything you need to know
The UAE has levied a 9% rate on taxable income above AED375,000, effective 2024 – here is a full guide to the UAE corporate tax system
Employee
Rising global cost of living pushes some UAE businesses to adjust salaries as inflation bites
Increasing living expenses spur a wave of wage reviews and incentive schemes globally, experts say
athleisure
Meet Sofia Sacoor: The 17-year-old fashion business founder battling Type 1 Diabetes with athleisure
The founder of the athleisure brand SU1, is not your typical teenage high school student. Balancing the demands of a rigorous International Baccalaureate program with running a growing business, Sacoor is on a mission to support children with Type 1 Diabetes (T1D)
Corporate tax
UAE firms must register for corporate tax by June 30 to avoid penalties
With the June 30 deadline looming for many UAE businesses, prompt registration is critical to avoid penalties of AED10,000