Tax

NEWS DESK

Tax makes UAE economy transparent and sustainable, officials at the ICAI Dubai conference tells delegates

News Desk 18/06/2026

Simplified tax structure makes economy transparent and sustainable, officials told more than 300 accounting professionals and delegates at the Tax 360° – Navigating India, UAE & International Tax Landscapes Conference, organised by the Dubai Chapter of the Institute of Chartered Accountants

NEWS DESK

Federal Tax Authority Announces Entry into Force of the Decision Amending Administrative Penalties Imposed for Violations of Tax Legislation and Calls on Registrants to Benefit from the Advantages of the New Decision

News Desk 15/04/2026

The Federal Tax Authority (FTA) has announced the entry into force of Cabinet Decision No. (129) of 2025 amending certain provisions of Cabinet Decision No. (40) of 2017 on administrative penalties imposed for violations of tax laws in the UAE, following its effective date on Tuesday, 14 April 2026. The FTA confirmed that the Decision […]

NEWS DESK

Final Ratio Is Opening Its Doors: 60 UAE Founders Get Free Access to Expert Accounting and Tax Advice

News Desk 13/04/2026

Dubai-based Accounting and Tax advisory firm Final Ratio has launched a 30-day initiative offering 60 complimentary, one-on-one consultations to UAE small business owners – two founders per day, first-come, first-served – for those who need financial clarity amid the pressures currently facing businesses across the Emirates. The initiative gives entrepreneurs

NEWS DESK

UAE’s tax ecosystem enters a more mature compliance phase in 2026

News Desk 20/01/2026

Dhruva, a premier tax advisory firm with deep expertise across the Middle East, India, and Asia, released its “UAE Year in Review 2025” report. The report highlights how 2025 marked the UAE’s transition from policy introduction to tax operating models in practice, with corporate tax, transfer pricing and VAT moving firmly into execution. This analysis […]

NEWS DESK

Dubai Investments H1 2025 profit before tax surges to AED 546.28 million

PR News Desk 05/08/2025

Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market (DFM), reported profit before tax of AED 546.28 million for the six-month period ended 30 June 2025, compared to AED 431.68 million during the corresponding period in the previous year. For the three-month period ended 30 June 2025, the profit before tax […]

NEWS DESK

ADNIC delivers robust performance in Q1’25 with net profit before tax of AED 133.3 million

PR News Desk 14/05/2025

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has delivered strong financial results for the first quarter of 2025. ADNIC reported a net profit before tax of 133.3 million, marking a 19.2% increase compared to the same period in 2024 as a result of […]

NEWS DESK

ADNIC achieves 2024 full year net profit before tax of AED 466.4 million  

PR News Desk 05/02/2025

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, delivered a remarkable performance during 2024, with the highest ever reported total Insurance Revenue as well as overall Net Profit, driven by a robust financial performance and the successful implementation of key strategic growth

Business Oman

Oman levies 15% tax on multinationals

News Desk 03/01/2025

Effective January 1, 2025 Oman—the oldest independent state in the Arab world—introduced a minimum top-up tax (DMTT) of 15% on multinational companies effective January 1, 2025, following a royal decree issued by Sultan Haitham bin Tariq. The tax applies to multinationals with consolidated annual revenue exceeding $779.2 million. However, after a recent meeting of its […]

NEWS DESK

ADNIC achieves net profit before tax of AED 342.5 million for the first nine months of 2024

PR News Desk 12/11/2024

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, continues to deliver outstanding performance, with a net profit before tax of AED 342.5 million for the first nine months of 2024, highlighting the company’s solid financial performance and successful execution of key strategic