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The Ministry of Finance and the Federal Tax Authority (FTA) have announced an amendment to…

The UAE, through the Ministry of Finance and the Central Bank of the UAE, is…

In a step aligned with Dubai’s drive to empower national talent across vital economic sectors,…

Abu Dhabi’s International Holding Company (IHC) has acquired eFunder, a UAE-based fintech lender, in a…

Etihad Airways, the national airline of the UAE, has introduced the Corporate Conscious Choices portal…

The Central Bank of the UAE has levied a financial penalty of AED 600,000 (USD…

The Kuwaiti Ministry of Interior has introduced a new online visa platform aimed at simplifying…

Dubai Chambers has launched Dubai Hub London, its first international centre, to support companies and…

Ajman’s real estate sector recorded a strong performance in the first half of 2025. The…

The UAE Ministry of Finance has issued a new Ministerial Decision regarding Depreciation Adjustments for Investment Properties held at Fair Value for the Purposes of Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses. Under this decision, taxpayers (who elect for the realization basis) can elect to deduct depreciation from their taxable income (hereafter known as ‘tax depreciation’) for investment properties that are held on a fair value basis.