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 ...

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 ...

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.

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 ...

Dubai International Airport (DXB) handled a record 92 million passengers in 2024, an annual increase of nearly 6 per cent, as ...

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 ...