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Dubai Chambers organises 15 tax workshops for 2,000 firms

DUBAI / WAM Dubai Chambers has announced that more than 2,000 businesses have participated in a series of workshops designed to raise awareness on Corporate Tax. The sessions were organised as part of Dubai Chambers’ efforts to enhance the local business community’s understanding of the latest legal  developments and support companies in adequately preparing for compliance with the UAE’s Corporate ...

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UAE non-oil foreign trade hits all-time high of AED1.239 trillion in H1 2023

DUBAI / WAM The UAE’s non-oil foreign trade reached a record AED1.239 trillion in H1 2023, representing a growth of 14.4 percent compared to the same period in 2022 – and 3 percent more than H2 2022. The figures, just released by the Ministry of Economy, underline the continued upward trajectory of the nation’s foreign trade, which has achieved quarter-on-quarter ...

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European bonds, stocks fall as inflation makes comeback

BLOOMBERG European bonds and stocks fell after the latest round of price data suggested inflation may not yet be fully on the retreat in the euro region. Germany’s 10-year yield jumped as much as six basis points to 2.57% after reports showed inflation accelerated in four of six German states in August, ahead of figures for the overall German economy, ...

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