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Taxation & GST Updates

Dubai Duty Free annual sales touch $1.74bn in 2022

Michael Grunwald Jan 5, 2023
December sales were boosted by DDF’s 39th anniversary celebrations when the operation offered a 25 per cent discount from December 18- 20 Dubai Duty Free (DDF) has achieved…
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Global News

Environment Agency – Abu Dhabi imposes Dhs328,000 administrative fines on environmental legislation…

Michael Grunwald Jan 5, 2023
The largest fine issued to date was Dhs50,000, and was imposed for discharging materials into the marine environment The Environment Agency – Abu Dhabi (EAD) has imposed 32…
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Health

Five ways how healthcare technology is influencing modern medical care

Michael Grunwald Jan 5, 2023
There’s a growing commitment to leverage the potential of healthcare technologies for better patient outcomes and more equitable access to care At the end of 2021, countries…
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Exclusive Interview

Interview: Jobin Joejoe, deputy managing director at Sony Middle East and Africa

Michael Grunwald Jan 5, 2023
Sony is focused on creating a metaverse around entertainment specifically areas such as games, music and sports, says the deputy MD at Sony MEA What are the most significant…
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World News

Abu Dhabi: More than one million visitors visit Sheikh Zayed Festival to watch fireworks

Michael Grunwald Jan 5, 2023
The largest fireworks display lasted for more than 40 minutes, with more than 3,000 drones in the air during the show The Sheikh Zayed Festival witnessed over one million…
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UAE

UAE’s flydubai to resume services to Ashgabat, Turkmenistan

Michael Grunwald Jan 5, 2023
From January onwards, the airline will also commence flights to seven new destinations including Cagliari, Corfu, Gan and Krabi Dubai-based flydubai has announced its resuming…
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UAE

UAE consumers to shop, dine out more, but spend less per visit in 2023: Mastercard Economics…

Michael Grunwald Jan 5, 2023
The report expects inflationary pressure to ease in 2023, with the average inflation rate of developed economies falling from 7.1 per cent year-on-year in Q4 2022 to 3.1 per cent…
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UAE

Uber, Dubai Airports to enhance visitors’ on-ground commute experience

Michael Grunwald Jan 5, 2023
Uber and Dubai Airports will be increasing the capacity of pick-up zones in all terminals, including twelve parking bays, and in-terminal wayfinding Uber has entered a strategic…
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UAE

UAE’s National Bonds, Lulu Exchange ink strategic agreement

Michael Grunwald Jan 5, 2023
The partnership will allow customers to open a National Bonds account or top up an existing account at any one of Lulu Exchange branches in the UAE National Bonds has partnered…
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Business Profiles

Dubai: MMI removes 30% municipality tax levied on alcohol sales

Michael Grunwald Jan 5, 2023
This move is in line with the recent directives from the government of Dubai relating to the purchase and consumption of alcoholic beverages in the city Following the recent…
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