Abu Dhabi fines 23 entities $ 166,000 in tax rules

Abu Dhabi fines 23 entities $ 166,000 in tax rules

Abu Dhabi fines 23 entities in violations of UAE tax rules. The regulatory regulation authority (FSRA) in Abu Dhabi Global Market (ADGM) Imposed penalties worth AED610,000 ($ 166,000) of 23 entities for the violences of the common reporting standing regulations Regulations implementing international frameworks that require reporting entities to collect and report information to foreign…

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Deutsche Bank expands UAE with the Abu Dhabi market license on Global

Deutsche Bank expands UAE with the Abu Dhabi market license on Global

Deutsche Bank announced this financial service authorization from the Financial Regulatory authority in Abu Dhabi Global Market (ADGM), conducting primary financial activities within the International Financial Center. License allowed Deutsche Bank to participate in the following regulated activities under financial services and market regulations 2015: Arranging investment deals Credit arrangement Advising investment or credit It…

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Abu Dhabi announced car making plans as it points to $ 27bn automotive plan and 7,000 skilled jobs

Abu Dhabi announced car making plans as it points to $ 27bn automotive plan and 7,000 skilled jobs

Abu Dhabi is set to be a manufacturing hub for the automotibut industry while impressing investment and creates UAE jobs. the Abu Dhabi Investment Office (Adio) Announced the launch of a major economic program that focuses on building a final automotive ecosottem. Multi-billion Investment Investments from the world’s industry leaders, the program refers to abu…

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Google and Hub71 to support AI Startups in Abu Dhabi

Google and Hub71 to support AI Startups in Abu Dhabi

Abu Dhabi’s Eagan71 And Google launches Google for Startups Accelerator, a joint program to focus on AI-focused starts within Hub71 + AI. There are a total of 26 beginnings from the Hub71 community selected to join inaugural cohort, which can access an aligned three-month curriculum. Starts can access Google’s Global Network of Mentors, Engineers, Product…

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