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UAE: Will VAT apply to cryptocurrency mining?
Cryptocurrency mining in the private wallets of citizens is exempt from UAE value-added tax (VAT), the Federal Tax Authority (FTA) said Tuesday. But mining cryptocurrency for someone else (i.e. bringing computer processing power), is a
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UAE employees demand higher housing, transport allowances amidst rising rents, Salik tolls
Workers in the UAE are pushing for more housing, transport and children’s school allowances and bonuses from employers in the wake of rent hikes and the opening of new Dubai road toll gates, recruitment agents say. "The UAE is
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UAE: Rents in Sharjah likely to remain high for the next 2 years
Sharjah rents will be high for the next two years, as new residents come into the emirate. According to experts, rentals are 5–10 per cent higher now, although it is less than in other emirates. “Rents are rising in
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UAE-made MBZ-SAT to blast off to space on January 14 from California
The latest UAE earth-imaging satellite MBZ-SAT will launch on Tuesday, January 14, 10.49pm UAE time from Vandenberg Air Force Base in California,
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UAE doctors caution against flu symptoms
UAE doctors are warning about persistent flu and respiratory syncytial virus (RSV) infections. As Dr Rajesh Kumar Gupta, an internal
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Indian rupee may hit 26 to the UAE dirham as RBI loosens grip
The Indian rupee could fall to less than 26 per the UAE dirham or 90 per dollar this year as the Reserve Bank of India is all set to exit its
Read MoreUAE: Airfares likely to remain high in 2025 due to strong travel demand
Prices of flights should remain high in UAE and around the world in 2025 due to good travel demand as oil prices will probably remain steady this year. This ongoing demand will be driven by a combination of corporate, MICE (meetings,
Read MoreUAE: Caused an accident? Motorists have to pay higher auto insurance premiums
Auto insurance rates in UAE increased up to 3 per cent but accident-related claimant drivers are charged up to 15 per cent more. But some insurance companies ask drivers to move from comprehensive to third-party liability in the event of an
Read MoreCashing in on cryptocurrency in the UAE
Are you planning to get into crypto space? That’s fantastic! Crypto is moving so fast and can be used by novices. And the most popular one is: How do you exchange your crypto for money? This guide will show you two ways —
Read MoreUAE airports drive Mideast air traffic surge
Traffic demand was at its highest in major international hubs in the Middle East such as Dubai, Abu Dhabi, Riyadh and Qatar due to the high performance of the world’s largest aviation hubs even though some countries were hit by geopolitical
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