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Clock ticks for Dubai’s free zone firms for audited financial statement submission
Muhammed Shafeekh, Founder & CEO, FinanshelsThere is a date sitting quietly on the calendars of thousands of Dubai businesses right now. Most of them have not acted on it yet. Some will miss it entirely. And when they do, the consequences will cost them far more than they expected. May 30, 2026, is the deadline for audited financial statements submission for companies registered under Dubai Development Authority (DDA). DDA oversees some of Dubai’s most prominent free zones: Dubai Internet City,...
Slovakia receiving oil via Druzhba pipeline according to agreed plan — ministry
Supplies to Slovakia were resumed on April 22
Sainsbury’s says impact of Iran war may lead to drop in profits this year
Retailer WH Smith joins supermarket in warning on effects of Middle East conflict Sainsbury’s has warned that profits could fall this year as the conflict in the Middle East squeezes customers’ budgets and pushes up business costs.The supermarket group said the conflict “will impact both our customers and our business” and it was unclear how large the effect would be. Continue reading...
Thought UAE free zones meant 0% corporate tax? Here's the reality
Thought UAE free zones meant corporate tax Heres the reality
Tax clearance for foreign travel: Do you need it every time you leave India?
Tax clearance for foreign travel Do you need it every time you leave India
Maruti Suzuki hits record 23.4 lakh units, plans 40 lakh capacity expansion
Maruti Suzuki hits record lakh units plans lakh capacity expansion
Labour's tax hikes had FINALLY started bringing down Government borrowing despite bonanza on benefits and public sector pay… but that was before Iran chaos
Labour's tax hikes had FINALLY started bringing down Government borrowing despite bonanza on benefits and public sector pay… but that was before Iran chaosBy JAMES TAPSFIELD, UK POLITICAL EDITOR Published: 08:15, 23 April 2026 | Updated: 08:18, 23 April 2026 e-mail View comments
FAME Advisory: Bridge the e-invoicing gap before compliance kicks in
E-invoicing in the UAE is no longer something businesses can treat as a future requirement - it’s a shift that will directly impact how companies raise invoices, manage data, and ensure VAT compliance. Because of this, doing an e-invoicing gap analysis is not just a technical exercise, but a practical and necessary step to prepare the business in a structured way.In simple terms, a gap analysis helps you understand where you stand today versus where you need to be under the UAE e-invoicing frame...
Abu Dhabi records 95% reduction in single-use plastic bags in retail stores since 2020
The Environment Agency – Abu Dhabi (EAD) has revealed the results of a public opinion survey on the emirate's single-use plastics policy. The policy was launched by EAD in 2020 as a strategic step to promote environmental sustainability and reduce the negative effects of excessive plastic consumption.Significant results have been achieved since the policy's launch, including preventing the consumption of over 470 million single-use plastic bags, and reducing the number of bags at major retail ou...
Rajpal Yadav reveals how cheque bounce case led to INR 22 crore loss
LifestyleRajpal Yadav reveals how cheque bounce case led to INR 22 crore lossBy Sarah Brohi-Apr 23, 2026Bollywood comedian Rajpal Yadav spoke about the legal case involving the cheque case. He also said that the case isn’t as simple as people think it is. Speaking in the recent interview on Shubhankar Mishra’s podcast, he noted that he pushed back against the common belief that he refused to repay money despite having a long film career. Actor Rajpal Yadav is a familiar face for comic roles in f...
How FTA’s new penalty framework turns compliance into a competitive edge
Something changed in the UAE tax landscape in April 2026 - and many GCC businesses still haven’t fully registered what it means for them. “Cabinet Decision No.129 of 2025, now in effect, isn’t just a tweak to the Federal Tax Authority’s (FTA) penalty structure. It’s a fundamental shift - moving from an enforcement-first model to one that genuinely rewards transparency and proactive compliance. For any company operating in the UAE today, that matters,” says Mostafa Elrefaey, Founder & CEO, Re...
Aldar’s Yas Island project in Abu Dhabi exceeds Dh800 million in sales
The “Yas Park Place” project has recorded a notable milestone in Abu Dhabi’s real estate market, as Aldar Properties announced today that 80% of the units released within the new residential development—featuring mid-rise buildings in the heart of Yas Island—have been sold, generating more than Dh800 million in sales.This strong sales performance was supported by a series of promotional events organized by Aldar across Abu Dhabi, Dubai, London, Hong Kong, and Shanghai, attracting a wide range of...
Dubai gold prices fall as US-Iran tensions persist, global bullion weakens
Dubai: Gold prices in Dubai slipped on Thursday, tracking weaker global bullion as uncertainty around the ongoing US-Israel conflict with Iran continued to weigh on investor sentiment. Despite an extended ceasefire announcement, markets remain cautious amid stalled negotiations and rising oil prices, keeping gold under pressure.Sign up for our daily business newsletter, Cheques & Balances.In Dubai, 24-carat gold fell to Dh566.75 per gram in morning trade, down from Dh569.25 yesterday. The 22-car...
New Virgin Money announcement affects customers 'from today'
New Virgin Money announcement affects customers 'from today'It has followed others in making changes and it kicks in straight awayCommentsMoneySteven Smith Content Editor08:04, 23 Apr 2026View 3 ImagesVirgin Money is making changes(Image: chrisdorney via Getty Images)Following on from HSBC and Barclays, Virgin Money has announced that, from Thursday, it will be reducing selected fixed mortgage rates by up to 0.45%. One broker welcomed the size of the rate cuts, saying "lenders are...
Dubai Chamber of Commerce and DIB organise open dialogue on the banks’ role in enabling business resilience - Emirates 24|7
Dubai Chamber of Commerce and DIB organise open dialogue on the banks’ role in enabling business resilience Emirates 24|7
Dubai Community Development Authority and National Bonds sign MoU to boost family financial empowerment - Emirates 24|7
Dubai Community Development Authority and National Bonds sign MoU to boost family financial empowerment Emirates 24|7
Dubai Community Development Authority and National Bonds sign MoU to boost family financial empowerment - Emirates 24|7
Dubai Community Development Authority and National Bonds sign MoU to boost family financial empowerment Emirates 24|7
Dubai strengthens its lead as a global magnet for wealth and real estate investment - Emirates 24|7
Dubai strengthens its lead as a global magnet for wealth and real estate investment Emirates 24|7
'I'm a scam expert - even I fell for this simple trick that's targeting every Brit'
'I'm a scam expert - even I fell for this simple trick that's targeting every Brit'Even experts get caught - investigative journalist Kaf Okpattah shares how a single click lost him his account, and why every Brit is now a target for the new generation of cyber scammers.TechnologyAimée Walsh Columnist and U35 Deputy Editor08:00, 23 Apr 2026View 2 ImagesKat Okpattah spoke to The Mirror about the prevalence of scams plaguing BritsMost people in the UK will have, at one point or...
Why India is eyeing E85, not 100% ethanol, for its fuel future
Why India is eyeing E not ethanol for its fuel future