- The latest decisions aim to enhance UAE's Corporate Tax regime's flexibility and support all business sectors, minimizing the compliance burden,...
The decision on pension funds sets out further conditions for private regulated pension funds and social security funds in the UAE seeking exemption from corporate tax.
The decision on accounting standards provides small and medium businesses that have revenues not exceeding AED50 million with the option of applying IFRS for SMEs.
- Indonesia and Iran signed a trade agreement in Jakarta where President Joko Widodo hosted his Iranian counterpart Ebrahim Raisi. Tehran...
Under the pact, Iran will provide easier access for Indonesian exports including vegetable oil, cocoa, coffee and tobacco.
Jakarta would lower tariffs on Iranian exports to Indonesia, including oil and its derivative products, minerals, chemicals and iron.
- Abu Dhabi, UAE--The Central Bank of the UAE (CBUAE) has removed the board of directors of an insurance company operating...
The bank did not divulge details on the identity of the insurance company or what led to the removal of the board of directors
It only added that "this administrative sanction is imposed in accordance with Article 41 of the Federal Law No. 6 of 2007"
- Abu Dhabi, UAE - EDGE, a technology and defence group, on Tuesday announced the acquisition of an 80 percent stake...
MARS Robotics will work closely with EDGE’s Advanced Concepts, which focuses on the rapid design, development, and deployment of advanced and innovative technologies
Founded in 2013, MARS Robotics provides engineering solutions and services to Unmanned Aircraft Systems OEMs in hardware, peripherals, networks and software
- Tehran, Iran-- Less than a year after signing a preferential trade agreement (PTA) with the UAE, Indonesia will sign a...
According to Indonesia's trade ministry, the treaty will lead to improvement in trade ties and scale up the trade-transaction value between the two countries
As per the PTA, products such as vegetable oil, cocoa, coffee, tea, spices, fruits, vegetables, and fish from Indonesia that are popular in Iran will be given preference
- The two countries have in recent years ramped up economic cooperation and diplomatic contacts, with their strategic partnership having only...
The Russian PM will take part in a Russian-Chinese Business Forum and visit a petrochemical research institute in Shanghai
A number of sanctioned Russian tycoons, including from the key fertilizer, steel and mining sectors to take part in the forum
- Abu Dhabi, UAE-- In order to advance the United Nations Social Development Goals, the UAE institutional investors should concentrate on...
The participants in the workshop noted that transition investment can make a significant difference to the global economy and the MENA region
The event drew a wide array of people like asset managers, researchers and policymakers to share knowledge and best practices on unlocking large-scale investments
- NEOM, Saudi Arabia - NEOM, the futuristic city being developed in Saudi Arabia, has announced its collaboration with Rajasthan Royals,...
NEOM aspires to become a pioneering sporting destination by collaborating with renowned international sports brands
With thousands of individuals already employed at NEOM, cricket has emerged as one of the most popular sports among the workforce
- Kuala Lumpur, Malaysia-- The UAE and Malaysia are looking to bolster cooperation in the field of energy, in addition to...
The two ministers explored collaboration on investment and development in the energy sector and ways to boost capacity of the two countries in the field of sustainable development
The visiting minister Al Mazrouei noted that the UAE is seeking to form new partnerships with allies in order to shape a better future for the coming generations
- Dubai, UAE-- The UAE has signed a memorandum of understanding (MoU) with Microsoft and PricewaterhouseCoopers (PwC) to set up the...
The centre will look to shore up government's digital transformation, enabling government authorities to benefit from the best global practices and modern technologies
The new entity will explore how advanced technologies affect government work and will also conduct research and development in digital transformation





















