To enhance VAT procedures for gold and diamond traders, the UAE Ministry of Finance (MoF) introduced new regulations. Under these updated rules, the ‘reverse charge...
Carrefour has announced the closure of its operations in Oman, marking another significant step in its regional restructuring. The announcement, made on January 7, 2025,...
The UAE Ministry of Economy has banned retailers and suppliers from price hike of nine essential consumer goods. These items include cooking oil, eggs, dairy...
The UAE and Gulf Cooperation Council (GCC) countries have opportunities to boost revenues and diversify their economies by introducing new taxes, according to the International...
Bitcoin soared past $106,000 on Monday, achieving a record high after President-elect Donald Trump suggested creating a US bitcoin reserve. This announcement ignited optimism among...
The UAE has achieved a remarkable milestone, ranking fifth in the Quality Infrastructure for Sustainable Development (QI4SD) Index 2024. This notable rise, up six places...
