The United Arab Emirates (UAE) has announced significant changes to its Value Added Tax (VAT) system, set to take effect on November 15, 2024. These updates, outlined in Cabinet Decision No. 100 of 2024, aim to streamline regulations, stimulate investment, and align the system with international standards. The amendments are expected to have a substantial…
India and UAE Strengthen Economic Ties with Key Agreements India and the United Arab Emirates (UAE) have signed significant agreements to enhance their economic and strategic partnership. These deals focus on securing critical mineral supply chains and collaborating on nuclear plant operations, marking a new chapter in bilateral cooperation. Critical Mineral Supply Chains A Memorandum…
Meet Assad Toucan, a 17-year-old entrepreneur balancing a successful boxing career with multiple business ventures. Learn about his journey and insights on branding, scaling businesses, and finding success at a young age. Punching Above His Weight: From Boxing to Business At just 17 years old, Assad Toucan has already made a name for himself as…
The UAE’s embedded finance sector is on track for significant growth, with projections indicating a 16.1% annual increase to reach $1.56 billion in 2024. By 2029, the industry is expected to expand to approximately $550 billion, driven by strong governmental support and increasing consumer demand. Key factors fueling this growth include government initiatives like the…
Family credit in the UAE banking sector has reached a significant milestone, reaching approximately $115 billion in the past year, according to the latest statistics from the Arab Monetary Fund. This figure represents a substantial 11.3 percent increase, positioning the UAE as the second-fastest growing market for family credit among Arab countries, just behind Algeria’s…
Explore the lucrative real estate market in Dubai and learn why it’s an attractive destination for Indian investors, with insights from Anurag Chaturvedi of SKC Real Estate. Investing in Dubai: A Safe and Profitable Venture Dubai’s real estate market offers a unique opportunity for Indian investors looking to diversify their portfolios. With its stable economy,…
Description: The UAE’s embedded finance sector is experiencing rapid growth, driven by strong government support and technological advancements. A recent report projects the industry to reach $1.56 billion in 2024, with a 28.6% CAGR leading to $550 billion by 2029. Key developments include strategic partnerships and acquisitions, focusing on Open Finance and integrated financial solutions….
Experts from Avantex Corporate share valuable advice on company formation, taxation, and business growth in the United Arab Emirates. Unlocking Business Opportunities in the UAE The United Arab Emirates has emerged as a global business hub, attracting entrepreneurs and companies from around the world. Mukesh and Nazir from Avantex Corporate, a UAE-based consultancy and corporate…
A Chance Encounter That Changed Everything In the world of network marketing, few stories are as inspiring as that of Udo Deppisch. From humble beginnings as a plumber in a small German town, Deppisch has transformed himself into a marketing expert, successful entrepreneur, and motivational speaker. His journey, filled with challenges and triumphs, offers valuable…
India and UAE Strengthen Economic Ties with New Initiatives The United Arab Emirates and India have taken significant steps to enhance their economic partnership through several key initiatives. These developments aim to boost bilateral investments, facilitate cross-border transactions, and strengthen supply chain cooperation. Investment Treaty Boosts Bilateral Investments A new bilateral investment treaty (BIT) between…
