ADQ remains a majority shareholder with a 75.44 per cent stake in the listed entity
ADQ remains a majority shareholder with a 75.44 per cent stake in the listed entity
New urban community will promote economic diversification and benefit real estate, IT and startups
Pac Team Group set to explore Middle East, North Africa and Indian markets through its new headquarters in Dubai
The IMF approves a $1 billion loan tranche after completing a sixth review of the country’s reforms under its $6 billion extended fund facility programme
Move follows evaluation and survey of market needs and investor concerns
The UAE’s 9% corporate tax rate positions the country as a highly competitive tax regime, globally and regionally
The company concluded 2021 on positive note due to government initiatives and reforms to boost liquidity in the market; 3% cash dividend to the shareholders recommended
The rating agency said UAE’s introduction of the corporate income tax is the most significant fiscal reform since 2018 when it introduced value-added tax
Bahrain is the only GCC country that has not introduced the corporate tax
22 per cent of global corporates already source in the UAE or plan to within the next five to 10 years; Global exports will also be increased by 100 per cent to $29.7 trillion from $17.4 trillion over the next decade.