Author: Ra'uf Asim Rahal
Oman is therefore planning to be the first country in the gulf cooperation council countries to introduce a personal income tax which is a new development in the gulf region. They said that the current Oman’s draft law stipulated by the State Parliament in July this year is high expected to be endorsed by the State Council as the last step. Among the highlighted taxes, there is a levy of between 5% and 9%, which is implemented differently depending on Omani citizens and expatriates. The following tax rates have been proposed: Omani citizens with net foreign income more than one…
The Authority has on this note developed and has now presented the Abu Dhabi Agriculture and Food Security Data Platform all under the supervision of His Highness Sheikh Mansour bin Zayed Al Nahyan. The concept of this strategic tool is to contribute to the decision-making process concerning food security and agriculture in the Emirate of Abu Dhabi. The aforementioned platform acts as an extended electronic front door and comprises detailed and reliable data on all the segments of the agriculture and food industry. The platform concerns the issues starting from the production of agricultural crops and products up to their…
His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court has ratified the programme of the EIEV races for the 2024-2025 season and they include 8 races of different categories. The new season will commence with the National Day Cup which is the 120 kilometres’ race in line with the UAE National Day scheduled for the 1st of December. Subsequently, there will be Sheikha Fatima bint Mubarak for Private Stables – Ladies Endurance Cup CEN 100 km ride on seventh December, 2022, and Sheikha Fatima bint Mansour bin Zayed Al Nahyan…
The emirate of Abu Dhabi has donated a street’s name in memory of Dr. George Matthew, an Indian -origin doctor who has spent more than 6 decades serving the United Arab Emirates healthcare sector. This honor is part of the “Honoring UAE’s Visionaries: Decidedly, it is the “Commemorative Streets” project approved by the Department of Municipalities and Transport (DMT). The latter is called aptly George Matthew Street and is near Sheikh Shakbooth Medical City in Al Mafraq. After his arrival in the UAE at the age of 26 in the year 1967, Dr. Matthew has a very productive career compressed…
According to DLD there were AED 2. 82 billion real estate transactions on a single day. This outstanding figure points to increasing market velocities and investors’ optimism in regard to the Dubai property sector. It is important to note that the transaction types include sales, mortgages, and grants of different types of properties; therefore, the list presents the dynamism of the Dubai’s real estate market. The increase in the number of transaction is caused by several factors such as relatively affordable property prices and healthy demand, and the efforts of this emirate to establish clear market and investor friendly vision.…
Dubai seems to be heading to the construction of a global fruit and vegetable market with intention of boosting the development of its economy. The Logistics Hub for Foodstuffs, Fruit, and Vegetable Trade that is also set be the world’s largest was officially declared by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. This effort is aligned with the Dubai Economic Agenda known as D33 which seeks to double the size of Dubai’s economy and position the emirate in the top 3 economic cities globally by the year 2033. The…
Published by H. H. Sheikh Dr. Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of Sharjah: New enrollment children in Sharjah nurseries to receive more seats. This effort will ensure that all registered children as clearly outlined by the authorities would be eventually placed in the nurseries, according to the number of 1, 781 children. On the “Direct Line” programme, H. H. said in a telephone interview with Sharjah Broadcasting Authority, “Regarding the registration, there were 1,781 children who registered in government nurseries in Sharjah, while we have 1,335 spots for children to attend nurseries preparing them to…
New figures released revealed that Dubai real estate market had a busy week, with its value of the transactions that took place from July 1 to July 5 exceeding AED14. 3bn ($3. 9bn). Meanwhile figures from the land Department revealed that sales accounted for the major count being AED 9. 47 billion ($ 2. 6 billion) it being the key function. Key Transactions Palm Jumeirah Luxury Apartments: An apartment in Orla Infinity being developed by Omniyat was transacted at AED77m ($20. 9m). A similar flat within the same building was purchased for AED75,800,000 ($20,600,000). Baccarat Residences: An apartment located in…
H. H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum Crown Prince of Dubai and Chairman of the Executive Council has agreed to the Jebel Ali Beach Development Project master plan. The objective of this project is to upgrade the 6. 6-kilometer length of the beach to being a tourist attraction, which will partly focus on matters concerning conservation. They include the Jebel Ali Beach Development Project that is within the Dubai 2040 Master Plan aimed at increasing the area of the emirate’s public beaches by 400 percent, the area of which is estimated to be 330 hectares. This project…
Suffice to say that although Dubai is liberal in the way it allows people to live their lives and have fun, the place is very much disciplined to maintain safety and security. Here are 11 things that can get you fined by the Dubai police:Here are 11 things that can get you fined by the Dubai police: Jaywalking: Walking is very important in Dubai and, thus, safety of The pedestrian is an important issue. Pavement crossing at irresponsible zones can cost as much as AED 400. Cross the road using the pedestrian crossings and foot bridges in order no to…