ABU DHABI, The Ministry of Finance (MoF) has published the approved Cabinet Decision 116 of 2022 on the Applicable Taxable Income Threshold for Corporate Tax.The Decision follows the issuance of Federal Decree Law on the Taxation of Corporations and Bu…
Dubai, Dubai Chamber of Digital Economy, one of three chambers operating under Dubai Chambers, has released a report detailing plans to boost the emirate’s digital economy.The report projects the national digital economy will reach US$140 billion in 20…
WASHINGTON, The International Monetary Fund (IMF) has forecast that the global economic growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024.The forecast for 2023 is 0.2 percentage p…
Abu Dhabi, 31 January 2023 — Abu Dhabi Commercial Bank (ADCB) today reported its financial results for fiscal year (FY) 2022, with AED 6.434 billion in net profits, an increase of 23 percent compared to FY 2021.The bank’s net interest income was to th…
DUBAI, Dubai real estate market recorded 471 sales transactions worth AED1.87 billion, in addition 70 mortgage deals of AED122.36 million, and 14 gift deals amounting to AED130.13 million on Tuesday, data released by Dubai’s Land Department (DLD) showe…
The Federal Authority for Identity, Citizenship, Customs and Ports Security (ICP) announced that it added to Its smart channels a service for entry permits related to residents who stayed outside the UAE for more than 6 months.The service was activated…
OSLO, Fatima Khamis Al Mazrouei has presented her credentials to His Majesty King Harald V, King of the Kingdom of Norway, as Extraordinary Ambassador of the UAE to the country.Al Mazrouei conveyed the greetings of President His Highness Sheikh Mohamed…
ABU DHABI, The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, launched the Abu Dhabi Life Science Hub in the Metaverse during Arab Health 2023, strengthening the emirate’s positioning as a life science hu…
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