Abu Dhabi, UAE - The UAE has unveiled a series of relief measures to support the growth and prosperity of small and medium-sized enterprises (SMEs) since the introduction of corporation tax in the UAE. "It's important for SMEs to familiarize themselves with the intricacies of corporate tax regulations and integrate...
UAE Government’s Q1 revenues total $31.3 billion
Abu Dhabi, UAE - The UAE government’s revenues amounted to AED115.6 billion ($31.3 billion) and its expenditures totaled AED92.5 billion ($25.0 billion) in the first quarter of 2023, the preliminary results of the UAE Government Finance Statistics Report for the first quarter of 2023, published by the Ministry of Finance...
Innovative financing solutions attract firms to UAE
"Everybody sees this as an opportunity to bring their businesses here. Accessing capital can be challenging, but fortunately the government has established a substantial pool of subsidies, financing, and guarantees that are available for all entities looking to enter the market," he adds during the event in Abu Dhabi.
UAE launches guide to aid adoption of AI technology
Dubai, UAE - The UAE government has launched a comprehensive guide for the adoption of generative AI applications in the country. The guide was issued by the Artificial Intelligence, Digital Economy and Remote Work Applications Office “to intensify research and efforts towards promoting the adoption of futuristic technologies in government...UAE inks cooperation agreements at WEF
The agreements were unveiled during a high-level meeting between Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs, and Prof. Klaus Schwab, WEF Founder.
UAE adopts Ramadan working hours for federal authorities
The UAE Government on Friday announced the official working hours during the holy month of Ramadan for ministries and federal authorities. According to the decision, the official working hours for federal authorities during the month will be from 9:00 to 14:30 on Mondays-Thursdays, and from 9:00 to 12:00 noon on...
