UAE Introduces New VAT Exemptions for Group Health Insurance and Crypto Investments
According to the UAE Ministry of Finance, the VAT exemption will include managing investments made for ...
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Adnoc Offers $13 Billion to Acquire Covestro, Paving Its Way Into Chemical Industry
Adnoc's primary source of revenue until 2016 was the export of crude oil to Asia. Abu ...
Samsung and TSMC Ventures Boosts UAE as a Key Player in the Global Chip Industry
The UAE offers a regional base with a robust supply chain and supports the growing demand ...
Oracle to Invest $1.5 Billion in Expanding Cloud Capacity in the Middle East
Oracle aims to have 20 fully deployed cloud regions with at least two data centers in ...
UAE Doubles Renewable Energy Capacity in 3 Years, Targets 30% by 2030
To reach net-zero emissions by 2050, the UAE, the third-largest producer in Opec, has been making ...
UAE Sets New Milestone in Non-Oil Trade Under Sheikh Mohammed bin Zayed’s Leadership
While trade with all other countries increased by 12.6%, the UAE's non-oil exports to its top ...
Calls to End Tax Benefits for the Rich Grow Louder
Calls for greater taxes on the ultra-rich are gaining support, with even conservative administrations joining in. ...
Adnoc’s Ruwais LNG Project Attracts Global Energy Giants’ 40% Stake
The Ruwais facility, which is presently being developed in Al Ruwais Industrial City in Abu Dhabi. ...
Income Tax Talks in Oman: Government Considers New Revenue Streams
The low anticipated tax rates in Oman—likely ranging from 5 to 9 percent—will help allay worries ...
Xi Jinping Plans to Expand Strategic Ties with the Middle East
Xi Jinping's visit to Saudi Arabia in late 2022 was hailed as a milestone by the ...
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