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Dubai clarifies foreign bank tax levies post-corporate tax
Foreign banks licensed to operate in the DIFC are exempted from the 20% levy
Brace for a stormy weekend ahead
Plus: Dubai Taxi eyes acquisitions in 2024, and ADQ prepares for an Etihad Airways IPO
New Etihad Rail passenger service station in Sharjah
The project aims to boost daily ridership to 14k passengers per week
Dubai ruler appoints Emirates CEO as deputy chairman of Dubai Executive + Strategic Affairs councils
This comes on the heels of a new law that handed new authorities to the councils earlier this year
EFG Hermes 1x1 wraps today
Plus: A lot of M&A speculation and a relisting
Parkin IPO sells out in minutes
The company is on track to raise up to AED 1.57 bn
Newer and bigger hotels and airports in Dubai capture the attention of the foreign press
New hotel in Dubai’s business bay + DWC’s expansion plans
Dubai Refreshment appoints new CFO + more from Dubai Customs, PCFC, and Mercuria
Nasir had previously served as the company’s senior director of financial operations
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