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UAE corporate tax to bolster economic future

ABU DHABI / WAM The UAE has initiated a transformative fiscal policy with the introduction of a federal corporate tax, aiming to cement its economic future’s resilience and prosperity. This strategic policy shift, outlined in Federal Decree-Law No. (47) of 2022, aligns with international tax standards and best practices, further solidifying the UAE’s stature as a competitive global financial and ...

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Abu Dhabi leaps 10 spots in 2024 Leading Maritime City Report

ABU DHABI / WAM Abu Dhabi has secured its place within the top 25 maritime cities worldwide, jumpingan impressive 10 spots since 2022, ranking 22, the highest jump among all cities, according to the prestigious 2024 Leading Maritime City (LMC) Report, unveiled in Singapore. The LMC report, a bi-annual benchmarking study jointly produced by DNV and Menon Economics, assesses the ...

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