by Jennifer George | August 14, 2024 | News, Regulations, Trending Now
As corporate tax registrations gain momentum in the UAE, the Small Business Relief’ program delivers a key exemption for startups and SMEs in the UAE. Any business that generates under AED 3 million in revenue is eligible to apply for a tax break that extends up to...
by Jibran Munaf | August 14, 2024 | Breaking, Economy, News, Trending Now
Japanese Prime Minister Fumio Kishida announced his decision to step down in September, ending a three-year term marred by political scandals. His resignation paves the way for a new premier to address the economic challenges of rising prices. “Politics cannot...
by Jibran Munaf | August 14, 2024 | Banking, Market Commentary, News, Trending Now
India’s banking sector is experiencing a significant exodus of employees as the industry expands into new geographies and businesses, fueled by a nationwide credit boom and robust economic growth. However, the pressure to deliver results has led to one of the...
by Jibran Munaf | August 14, 2024 | Breaking, News, Trending Now
Starbucks’ shares soared more than 20% after the US-based coffee chain announced it is replacing Chief Executive Laxman Narasimhan to try to reverse declining sales. The company announced that Narasimhan will be replaced by Chipotle Mexican Grill chief Brian...
by Jibran Munaf | August 13, 2024 | Fintech, Industry, News, Trending Now
Start-up funding in the Middle East and North Africa (MENA) region made a remarkable comeback in July 2024, with investments surging by over 200%. The region’s start-ups raised $355 million during the month, up by 206% from the previous month and 260% from a year ago,...
by Jibran Munaf | August 13, 2024 | Breaking, Industry, News, Trending Now
The Dubai Multi Commodities Center (DMCC), the world’s flagship free zone, has reported impressive performance results for the first half of 2024, registering 1,023 new member companies. This brings its total to nearly 25,000 companies across its business...