Dubai, the most populous city in the United Arab Emirates (UAE), stands as the economic and financial hub of the Middle East, positioned at the crossroads of Asia, Europe, and Africa along the southern coast of the Persian Gulf. This strategic location makes Dubai a crucial transit hub conn...
Dubai also ranked first globally in attracting greenfield FDI projects during the same period this year, according to theFinancial Times’FDi Markets, its online database on cross-border greenfield investments. Greenfield projects accounted for a 56 per cent share of Dubai’s FDI projects during the...
The article provides information on the Dubai International Financial Centre (DIFC) in Dubai, United Arab Emirates. It has opened for in September 2004 after a troubled two-year gestation period. DIFC bid to become the region's commercial and services hub. DIFC is exempted from the Central ...
Now Dubaifinds itself in financial pain. And its reaction has some investors worried. Last week, Dubai's largest investment companycalled fora six-month delay in paying some of its debts. Dubai World Group is seeking to renegotiateterms ontwenty-six billion dollars in debt. All of itis linked...
The year also marked a successful five-year period during which Dubai stayed ahead of leading international cities, including London, Paris and Shanghai, in attracting FDI into tourism. Dubai's tourism sector drew AED83.5 ...
The Corporate Tax in the UAE applies from the beginning of the first financial year that starts on or after 1 June 2023. What is the tax rate for large multinational corporations?The tax rate for large multinationals that meet specific criteria set with reference to ‘Pillar two’...
Dubai, the most populous city in the United Arab Emirates (UAE), stands as the economic and financial hub of the Middle East, positioned at the crossroads of Asia, Europe, and Africa along the southern coast of the Persian Gulf. This strategic location makes Dubai a crucial transit hub conn...
Dubai, February 16, 2021:Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE and the second largest Islamic bank in the world, today announced its results for the period ending December 31, 2020. FY 2020 results highlights: ...
Dubai, the most populous city in the United Arab Emirates (UAE), stands as the economic and financial hub of the Middle East, positioned at the crossroads of Asia, Europe, and Africa along the southern coast of the Persian Gulf. This strategic location makes Dubai a crucial transit hub conn...
If this financial position is maintained, the visa can be automatically renewed online at the end of the five-year period. The initial phase of the retirement visa launch will focus on helping expats who have already worked in Dubai and enjoyed residency for more than 10 years but ultimately ...