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UAE introduces revised tax penalty rules: five major changes explained

Business Staff Writer -
Lower fines and simplified rules are intended to ease compliance and support businesses. Dubai: The Federal Tax Authority has introduced sweeping revisions to tax penalties,...

Stocks gain ground as optimism grows over easing tensions in the Middle East conflict.

Business Staff Writer -
Equities rise despite near-$100 oil as traders focus on constructive Iran talks. Wall Street stocks closed higher on Thursday (April 17), extending record levels as...

UAE strengthens AML rules as banks come under stricter compliance checks.

Business Staff Writer -
New guidance has tightened scrutiny on clients, trade flows, and cross-border banking risks. Dubai: The Central Bank of the UAE has introduced updated anti-money laundering...

Dubai unveils its own “Central Park” — here’s where it is located.

Business Staff Writer -
Wasl Gate has unveiled an 82,700-square-metre Central Park, making it one of the largest community parks in Dubai. Dubai: The city has unveiled its own...

Khabib Nurmagomedov has entered the UAE real estate market.

Business Staff Writer -
UFC legend Khabib Nurmagomedov has partnered with DIA Holding to launch a $70 million project on Dubai Islands. Dubai: UFC legend Khabib Nurmagomedov has officially...
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UAE Indian schools exempted from new rule as CBSE mandates three-language policy from July 1.

UAE News 0
School principals said the guidelines provide Gulf schools enough...

Emirates announces a new $5-billion engineering facility set to become one of the largest in the world.

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The engineering complex is expected to be completed between...

UAE introduces a unified salary payment deadline for the private sector, effective from June 1, 2026.

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Companies registered with the Ministry of Human Resources and...

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