Business & Money | Sunday 30 July, 2023 1:39 pm

Saudi Maritime Congress brings a global spotlight to the Kingdom's shipping and logistics sectors

With its economic diversification efforts, policy development, and foreign direct investment commitments over the next five years, the world's eyes are on the Kingdom of Saudi Arabia as it fast tracks to becoming a leading maritime hub. The 4th edition of the Saudi Maritime Congress will take place ...

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Business & Money | Sunday 30 July, 2023 12:55 pm

Social Development Bank Receives the Asian Banking & Finance Award 2023

The Social Development Bank (SDB) has been honored by Asian Banking & Finance (ABF) — the leading industry organization serving Asia's financial services sector — for its commitment to empowering small and micro-enterprises across the Kingdomof Saudi Arabia via Dulani Business Center, an...

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Government | Sunday 30 July, 2023 12:50 pm

Abu Dhabi Judicial Academy intensifies training against human trafficking crimes

The Abu Dhabi Judicial Academy has intensified its training activities to support efforts combating human trafficking crimes, as part of its multiple rehabilitation programmes. This programme is for judiciary members, Public Prosecution, government case advisors, representatives of legal...

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Culture & Education | Sunday 30 July, 2023 12:47 pm

‘School of Life’ explores hidden gems around the world

Dubai Culture and Arts Authority (Dubai Culture) continues its ‘School of Life’ initiative throughout August 2023, offering visitors to Dubai Public Libraries an edutainment experience through a captivating journey brimming with diverse and exceptional opportunities to discover the hidden gems...

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Technology & IT | Sunday 30 July, 2023 10:26 am

HONOR Announces the Launch of HONOR 90 5G, HONOR 90 Lite & HONOR Pad X9

The global technology brand HONOR has officially revealed its latest additions HONOR 90 5G, HONOR 90 Lite 5G and HONOR Pad X9 at an exceptional event under theme “HONOR Mission Impossible”. The all-new devices showcase HONOR's cutting-edge AI technologies and best-in-class...

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Government | Sunday 30 July, 2023 9:28 am

Saudi Arabia welcomes G20 achievements to find sustainable solutions to environmental challenges

The Kingdom expressed its appreciation for the accomplishments of the G20 in finding sustainable solutions to environmental challenges and strengthening efforts to tackle land degradation, a significant threat to biodiversity, food security, and climate change adaptation. This acknowledgment was...

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Environment & Energy | Sunday 30 July, 2023 9:25 am

Borouge reports first-half revenues of $2.8 billion

Borouge Plc today announced its financial results for the three- and six-month periods ended 30th June 2023, with first-half revenues of $2.8 billion and adjusted EBITDA of $978 million.The Company’s ambitious Value Enhancement Programme delivered a material $253 million impact in efficiencies...

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Government | Sunday 30 July, 2023 9:22 am

MoF announces new cabinet decision setting additional conditions for investment funds' exemption from corporate tax

The UAE Ministry of Finance (MoF) today announced Cabinet Decision No. (81) of 2023, outlining additional conditions for Qualifying Investment Funds under the Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses. The Cabinet Decision stipulates additional conditions...

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Business & Money | Sunday 30 July, 2023 9:18 am

MoF announces schedule of administrative penalties for corporate tax violations

The UAE Ministry of Finance (MoF) today announced the issuance of Cabinet Decision No. (75) of 2023 regarding administrative penalties for violations related to the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (Corporate Tax Law). The Cabinet Decision specifies...

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Government | Sunday 30 July, 2023 9:15 am

MoF issues Cabinet Decision on Executive Regulation of New Tax Procedures Law

he UAE Ministry of Finance (MoF) today announced the issuance of Cabinet Decision No. (74) of 2023 on the Executive Regulation of Federal Decree-Law No. (28) of 2022 on Tax Procedures (New Tax Procedures Law).The Cabinet Decision repeals and replaces the existing Executive Regulation on Tax...

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