The UAE has initiated a transformative fiscal policy with the introduction of a federal corporate tax, aiming to cement its economic future’s resilience and prosperity. This strategic policy shift, outlined in Federal Decree-Law No. (47) of 2022, aligns with international tax standards and best practices, further solidifying the UAE's stature as a competitive global financial and business centre.
Author: UAEPress_Admin
Bin Touq leads UAE delegation participating in WEF Special Meeting in Riyadh
Abdullah bin Touq Al Marri, Minister of Economy, led the UAE delegation at the World Economic Forum (WEF) Special Meeting on Global Collaboration, Growth and Energy for Development in Riyadh, Saudi Arabia, which was held on 28th and 29th April. The delegation included Abdullah Ahmed Al Saleh, Under-Secretary at the Ministry of Economy.
UAE Team Emirates’ Morgado sprints to victory in Asturias
A sprint in the rain gave UAE Team Emirates’ Antonio Morgado his second victory as a pro.
UAE sends hundreds of tonnes of food to Gaza
The United Arab Emirates has partnered with the American Near East Refugee Aid (Anera) to scale the humanitarian assistance to the brotherly people of Gaza and address the humanitarian crisis.
Dubai Real Estate Brokers Programme attracts over 1,000 citizens, 25 strategic partnerships with the private sector
Since mid-March, the Dubai Land Department (DLD) has received more than 1,000 registrations from Emirati citizens to implement the Dubai Real Estate Brokers Programme, a pivotal initiative under Dubai’s Social Agenda 33.
UAE field hospital begins fitting prosthetics for Palestinian wounded
The UAE field hospital in Gaza has begun fitting prosthetics for wounded and injured who lost limbs during the catastrophic events in the Gaza Strip.
Dubai SME rolls out financial assistance for businesses affected by exceptional weather conditions
Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), a subsidiary of Dubai Department of Economy and Tourism (DET), has announced an initiative to support businesses affected by the recent adverse weather
EAD announces 2024 Grazing Season in Abu Dhabi from May 15 to October 15
Abu Dhabi (EAD) has announced the dates of the 2024 grazing season in the emirate, running from May 15 to October 15, in order to ensure the recovery of vegetation and enhance and sustain biodiversity.
Russian gas production to gain 4.6% in 2024 — Economy Ministry
In 2024, natural gas production in Russia is expected to add 4.6% and climb to 666.7 bln cubic meters in the base case scenario, the Russian Ministry of Economic Development said in its socioeconomic development forecast for the country.
Abu Dhabi Customs emphasises role of IP in driving national economic growth
Abu Dhabi Customs attaches great importance to the intellectual property (IP) sector, believing in its active role in supporting the growth of the national economy and enhancing its regional and global competitiveness, as well as its close link to achieving sustainable development goals.