Dubai Chambers Equips 598 Businesses with Legal and Compliance Insights
The initiative featured three in-person workshops and one webinar, drawing 598 participants from across various industries. The sessions focused on pressing legal topics including UAE Commercial Companies Law, VAT and excise tax compliance, and regional customs regulations.
Organised to support businesses navigating regulatory challenges, the events provided practical insights into risk reduction, corporate governance, and adherence to data protection laws. Attendees also gained clarity on customs-related matters such as tariff structures, Harmonised System (HS) code classification, free zone trade treatment, and cross-border compliance strategies within the GCC.
By addressing key legal and tax challenges, Dubai Chambers reinforced its role as a strategic partner to the business community, equipping companies with the tools needed to remain compliant and competitive.
News Source: Emirates News Agency
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Today
8 hours ago
- Gulf Today
ADFD: Strategic partner in advancing comprehensive Arab development
The Abu Dhabi Fund for Development (ADFD) has reinforced its position as one of the most prominent contributors in supporting economic and social progresses efforts in Arab countries, financing strategic projects that promote stability, drive growth and enhance quality of life, underscoring the UAE's steadfast commitment to its Arab neighbours. In recent years, the fund has broadened its engagement across the Arab region, translating its mission into tangible projects in vital sectors such as healthcare, energy and infrastructure, areas that are fundamental to the stability and future of communities. Each project represents a solid step forward in the path to comprehensive development. According to its 2024 Annual Report, ADFD's cumulative development financing reached Dhs216.5 billion, benefiting 107 countries across various continents. This total comprises Dhs157 billion in concessional loans, Dhs57.6 billion in government grants, and Dhs1.9 billion in direct contributions. In statements to the Emirates News Agency (WAM), the Fund said that in 2024 it managed six UAE government grants to Arab nations worth a combined Dhs810 million, benefiting Jordan, Morocco, Yemen and Mauritania. Jordan received more than Dhs452 million for three key projects: a national digital health transformation programme, budget support, and a reading skills development programme. Morocco was allocated Dhs129 million for the expansion of the Oued Akrach - Ain Aouda Road, Yemen received Dhs45 million for a solar power project in Socotra, and Mauritania was granted Dhs184 million for the Applied Sciences College. Among the standout initiatives is Jordan's recently launched 'Jordan Digital Health Centre', which aims to connect healthcare centres and create an integrated electronic medical records management system through a unified digital platform, to enhance Jordan's healthcare sector in delivering remote care services aligned with international standards. Phase one has already linked five hospitals in remote areas and three health centres across the kingdom, reflecting the depth of the UAE–Jordan cooperation in advancing development through digital innovation. The fund also oversees UAE grants under the Arab Gulf Programme for Development (AGFUND), with Dhs4.6 billion allocated each to Jordan and Morocco between 2012 and 2024 to support projects that directly improve citizens' lives. In the same period, Bahrain received an Dhs9.2 billion grant under the GCC Development Programme for major projects across various sectors. In 2025, ADFD has continued to implement high-impact investment projects across the Arab world. These include Egypt's 'Sofitel Legend Pyramids Giza' to support the tourism sector, an integrated tourism venture in Salalah, Oman, and the expansion of Bahrain International Airport. The fund has also advanced renewable energy in the Comoros through a solar power station, supported community stability in Somaliland with a housing project, and in June signed a financing agreement with the GCC Interconnection Authority for a strategic project to strengthen regional energy security. By championing strategic, high-value initiatives, the Abu Dhabi Fund for Development continues to act as a vital bridge for progress, reflecting the UAE's enduring commitment to spreading stability and prosperity across the Arab region and beyond. WAM
Hi Dubai
15 hours ago
- Hi Dubai
UAE Tops Global Digital Transformation Rankings in 2025
The UAE has reinforced its global leadership in digital transformation, earning top spots in multiple international rankings for 2025. According to the UN E-Government Survey 2024, the country secured first place globally in the Telecommunications Infrastructure Index with a perfect score, reflecting its advanced digital networks. The UAE also maintained its world-leading position in mobile internet speed from July 2024 to June 2025, as per Ookla's Speedtest Global Index, recording an average download speed of 546.14 Mbps in June. Government digital services continue to expand, with 173.7 million transactions completed in 2024 and a satisfaction rate of 91% across 1,419 services. Dubai and Abu Dhabi ranked fourth and fifth globally, respectively, in the IMD Smart City Index 2025, highlighting progress in smart infrastructure and quality of life. The country also topped the region in Oxford Insights' Government AI Readiness Index 2024, reflecting strong investments in AI, research, and innovation. Experts note that the UAE's 'people-first' digital transformation policies, such as Dubai's 360 Services initiative, are setting global benchmarks for service integration, efficiency, and AI-driven solutions. Economic projections suggest AI could contribute 13.6% to the UAE's GDP — around US$100 billion — by 2030, further cementing the country's role as a global model for innovation and sustainable growth. News Source: Emirates News Agency
Dubai Eye
2 days ago
- Dubai Eye
UAE to finalise ‘Eurasian Economic Union' trade agreements by year-end: Al Zeyoudi
Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, on Friday confirmed the UAE continues to take firm steps toward strengthening its international partnerships and solidifying its role as a global hub for trade and investment. He noted that Friday's signing of a new Services and Investment Trade Agreement with the Russian Federation, complements the previously signed Comprehensive Economic Partnership Agreement (CEPA) with the Eurasian Economic Union (EAEU), a bloc that includes Russia, Armenia, Kazakhstan, Kyrgyzstan, and Belarus. Commenting on the broader negotiation landscape with the remaining EAEU member states, the UAE Minister of Foreign Trade noted, 'This marks the second services and investment agreement following the earlier one with Belarus. The third agreement, with Armenia, has also been finalised. We expect to conclude negotiations with both Kazakhstan and Kyrgyzstan in the near future.' Dr. Al Zeyoudi said that he looks forward to finalising all five bilateral services and investment agreements with EAEU members before the end of this year, thereby reinforcing the UAE's comprehensive economic engagement with the Eurasian bloc. In statements to the Emirates News Agency (WAM), Dr. Al Zeyoudi noted that the second-of-its-kind agreement with Russia reflects the UAE's expanding economic footprint in the EAEU region and focuses on liberalising and supporting strategic sectors, including financial and fintech services, business consulting, hospitality, logistics, renewable energy, and infrastructure development. These agreements aim to enhance investment flows and support the economic diversification strategies of both the UAE and its partner nations. He noted that UAE–Russia relations are witnessing significant growth, with non-oil trade between the two countries reaching about $11.5 billion in 2024, marking an increase of nearly 5 per cent compared to the previous year. Data for the first half of the current year showed exceptional growth of up to 75 per cent compared to the same period last year, driven by the overall expansion of economic relations. He noted that the agreement with Russia builds on last month's signing of the EAEU-wide CEPA, which provides for the liberalisation of 95 per cent of total trade volume and 85 per cent of tariff lines between the UAE and the Eurasian bloc. Dr. Al Zeyoudi highlighted the strategic importance of Eurasia as a priority trade expansion zone, noting its population of over 200 million people. He added that bilateral trade with the Eurasian bloc grew by 27 per cent in 2024, reaching nearly $30 billion, a testament to the UAE's forward-looking policy of economic openness and global AI intergration.
