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FinMin rolls out standardized accreditation framework for its e-invocing system
The new system aims to streamline invoicing processes for businesses and government entities
THIS MORNING: India’s Infibeam eyes ADX listing + Alpha Dhabi, Mubadala private credit venture deploys USD 1 bn in capital
PLUS: DIFC eyes 20% growth this year
Gov’t revenues reached AED 533.3 bn in 2024
Total expenditures amounted to AED 443.8 bn throughout the year
Mashreq launches Mashreq Biz, an SME-focused online banking platform
PLUS: Drake and Scull secures AED 1 bn Arabian Hills contracts
Russia, UAE sign double taxation agreement + More potential investments in Ukraine?
Dubai Crown Prince and Defense Minister Hamdan bin Mohammed bin Rashid Al Maktoum meets defense officials on sidelines of Idex
Sharjah introduces 20% corporate tax for natural resource firms
Late payments incur 1% monthly penalties
MultiBank introduces CFDs + Swvl secures USD 2 mn pre-funded warrants
Plus: Dragon Oil eyes investments in Iraq
New tax relief package exempts investment firms, smaller multinationals from top-up tax
A new substance-based income exclusion lowers taxable income based on payroll and tangible assets
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