Dubai saw the highest growth in visitor numbers from North East and South East Asia (24 per cent), followed by Africa (20 per cent) and CIS and Eastern Europe (16 per cent) ...

This exemption supports business growth and attracts investors while ensuring that larger corporations contribute to the government’s revenue model. Dubai also benefits from comprehensive ...

Dubai was the largest beneficiary among the ... and this is one of reasons that VAT collection crossed the estimate. "While the 2019 revenue collection would not have VAT on transition contracts ...

First Abu Dhabi Bank (FAB) , the United Arab Emirates' biggest lender by assets, beat fourth-quarter profit estimates on Thursday, driven by a double-digit revenue growth.

Value added tax (VAT) will be a stable source of revenue for governments in Gulf countries with a minimum impact on the common man's life, said an industry specialist. The UAE along with other ...

First Abu Dhabi Bank (FAB) posted a net profit of AED17.1bn ($4.7bn) in 2024, up 4% year-on-year. Total revenue rose 15% to ...

with Dubai achieving record-breaking transaction volumes and values, while Abu Dhabi also demonstrated strong performance despite a more modest market. Cherif Sleiman, chief revenue officer at ...

Square Yards, a proptech firm, reports a 46% increase in revenue to Rs 938.4 crore in the first nine months of FY25 driven by ...