May 2023 — Topical news of the United Arab Emirates

May 31, 2023 no comments 346
UAE travel specialist Skyscanner reveals holiday hacks for discount travel UAE travellers can save thousands of Dirhams by tweaking holiday plans, according to Skyscanner research. Changing the day of travel, departure airport and even week of a planned holiday can lead to massive...

May 31, 2023 no comments 324
The decision further clarifies the conditions under which UAE resident entities that are 95 per cent or more commonly owned can form or join a tax group and be treated as a single entity The UAE Ministry of Finance (MoF) has issued three new ministerial decisions for corporate tax,...

May 30, 2023 no comments 308
This code enables visitors and guests to conveniently scan it and access essential information about the operator of the holiday home and the relevant contact details for the Department of Economy and Tourism Dubai’s Department of Economy and Tourism (DET) has launched a new QR Code...

May 30, 2023 no comments 371
The Sky Palace residence is managed exclusively by Dorchester Collection The Sky Palace at AVA, Palm Jumeirah, Dorchester Collection, Dubai by OMNIYAT has been sold for a whopping AED220 million ($60 million). Spread across 33,406 square feet and occupying four floors, the...

May 29, 2023 no comments 341
All taxis, limousines and public buses to be converted into electric or hydrogen vehicles Dubai Road and Transport Authority has revealed a plan to have net-zero emission public transport by 2050. The RTA said in addition to the public transport project, it also aims to minimise...

May 29, 2023 no comments 411
The ESG report demonstrates the DP World’s commitment to sustainable business practices, and has been developed in accordance with the latest Global Reporting Initiative (GRI) Standards While increasing its global footprint, DP World, the Dubai-based logistics company, is also...

May 29, 2023 no comments 487
The decision applies to immovable property, intangible assets, financial assets and financial liabilities held by businesses before the corporate tax law comes into effect on June 1 The UAE’s Ministry of Finance (MoF) has issued a decision detailing new guidelines for adjusting a...

May 27, 2023 no comments 288
US-based air taxi manufacturer Odys Aviation to set up facility in the UAE The UAE will welcome air taxi specialist Odys Aviation as the US firm plans to manufacture aircraft in the country. The California start-up will set up shop in the UAE to launch an air taxi manufacturing...

May 27, 2023 no comments 258
UAE Ministry of Interior and Etihad Rail team up for safety and security on trains The UAE’s Ministry of Interior will support Etihad Rail to provide safety and security on trains in the country. The Ministry and the country’s national rail operator will team up to provide...

May 26, 2023 no comments 276
He exploited position at public authority to create false scholarship documents A man who exploited his position at a public authority to create false scholarship documents as part of a Dh40 million ($10.8 million) fraud has been jailed by an Abu Dhabi court for 25 years. He was...

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