UAE’s 652,885 private sector companies remain under-prepared for Corporate Tax that comes into effect in June 2023

The UAE has more than 665,246 active businesses registered with various licensing authorities including 45 free economic zones; The total number of registered active business licences in July 2022 amounted to 665,246, a 1.9 percent increase compared to 652,885 licences issued in December 2019, according to the UAE’s National Economic Register (NER); About 80-85 percent […]

Her Excellency Sarah Al Amiri underlines the role of science and technology in industrial development

Her Excellency Sarah bint Yousif Al Amiri, UAE Minister of State for Public Education and Advanced Technology, has taken part in the 31st Executive Committee Meeting of COMSTECH, the Ministerial Standing Committee on Scientific and Technological Cooperation of the Organization of Islamic Cooperation (OIC). The core mandate of COMSTECH is to strengthen cooperation among OIC […]

Saeed Al Maktoum: We are keen to consolidate Dubai’s position among the top five international shipping centres

On the occasion of the International Maritime Day, which comes this year under the slogan “New technologies for greener shipping”, the Dubai Maritime City Authority at the Ports, Customs and Free Zone Corporation honored a number of representatives of the concerned authorities and companies in the maritime sector, in recognition of their pivotal role in […]