Author: dailyguardian.ae

In a move to ensure a fair and transparent corporate tax regime, the UAE has laid down comprehensive guidelines for determining the tax residency of entities, be they local or foreign. At the heart of this taxation framework lies the crucial concept of place of effective management (PoEM), a globally recognised test that assesses where vital management and business decisions essential for a company’s operation are made, where it is effectively managed and controlled from. The companies incorporated outside the UAE can become deemed resident, if the company is effectively controlled and managed from the UAE. PoEM serves as the…

Dubai’s smallest sensation is creating monumental waves in the UK hospitality scene. Abdu Rozik, the world’s tiniest singer and social media maven, has recently launched his latest venture, the Habibi restaurant, taking over the expansive former East 59th venue at Victoria Gate in Leeds. Standing just over three feet tall, the 20-year-old, celebrated for stealing the show at the KSI and Tommy Fury fight in October, hosted a dazzling array of UK celebrities at the grand opening of his rooftop venue last week. Tom Zanetti, reality stars Gary Beadle and Dan Osbourne, along with hip-hop duo Krept and Konan, were…

Axis Communications to showcase the power of innovation with new product announcements at Intersec Dubai 2024 Dubai, UAE – Tuesday, 16 January 2024 – Axis Communications, the industry leader in video surveillance, today announced new products at Intersec Dubai, including a world-first for network camera technology. The new products include: The world’s first thermometric explosion-protected camera specifically designed and certified for use in Zone and Division 2 hazardous locations (AXIS Q1961-XTE). The first network horn speaker from Axis certified for Zone and Division 1 hazardous locations (AXIS XC1311). A high-frequency radar that can accurately detect, classify and track humans and…

Not that you really needed any more evidence, but the era of live sports on streaming services isn’t going anywhere anytime soon. To wit: Peacock — the streaming service owned by NBCUniversal — says that the January 14 NFL postseason game between the Kansas City Chiefs and Miami Dolphins was the “most-streamed live event in U.S. history.” While we’re a little inclined to take streaming numbers with some skepticism, we’re also inclined to believe that statement, for a number a reasons. First is that more people are streaming than ever before. And that number is likely to continue to climb…

Japan’s Osaka and Tokyo are among the top three cities that UAE residents want to visit in 2024, as a majority – 97 per cent – of them are keen to explore new destinations this year, according to a new study. Global travel site Skyscanner’s new survey released on Tuesday found Osaka at the top of the list of UAE residents searching for travel in 2024, an increase of over 300 per cent, followed by Antalya (273%), Tokyo (250%), Rome (154%), Berlin (96%), Amsterdam, New York, London, Athens and Paris. Conducted by OnePoll in August 2023, the survey covered views…

Sheikh Rashid bin Hamdan bin Rashid Al Maktoum honors the winners of the second edition of the Excellence and Creative Engineering Award Dubai, UAE, 16 January 2024: Sheikh Rashid bin Hamdan bin Rashid Al Maktoum, Supreme President of the Hamdan bin Rashid Al Maktoum Foundation for Medical and Educational Sciences, honored the winners of the second edition of the Excellence and Creative Engineering Award 2023, during a ceremony organized by the UAE Society of Engineers at the Mohammed bin Rashid Library. The award celebrated the pioneers in the engineering sector, who presented creative designs and projects based on innovation and…

CES is exactly the place where you expect companies to show up and absolutely wow you with bleeding-edge tech. We’re talking about a tantalizing view of the future, the kind of stuff that might not reach the mainstream for a few years. At CES 2024, that sort of futuristic TV technology almost didn’t get that moment. And then, literally as he was packing his bags to head home, Digital Trends’ Caleb Denison heard a rumor that Sharp Display Technology Corporation was quietly showing the future of TV to a very small number of people. That rumor proved to be accurate,…

Four people including the pilot died and another person was critically injured when their hot air balloon crashed into the Arizona desert on Sunday after eight skydivers had successfully jumped out of the basket, investigators said. The Kubicek BB 85 Z balloon went down on Sunday in Eloy, about 65 miles (100 km) southeast of Phoenix, the US National Transportation Safety Board said in a statement on Monday. The cause remained under investigation. “The balloon impacted desert terrain following an unspecified problem with its envelope,” the NTSB said, referring to the outer bag of the balloon. An initial inspection found…

Gold prices fell by half a dirham per gram in the UAE on Tuesday morning. According to the Dubai Jewellery Group data, the 24K variant of the yellow metal was trading at Dh248.25 per gram as compared to last night’s close of Dh248.75 per gram. While 22K, 21K and 18K were trading lower at Dh229.75, Dh222.5 and Dh190.75 per gram, respectively. Spot gold was down 0.28 per cent at $2,048.63 per ounce by 9.23 am UAE time as the US dollar and Treasury yields jumped, with investors awaiting comments from a host of Federal Reserve speakers this week for more…

With a Bluetooth speaker in your arsenal, you can get a party started wherever you want. If you’re interested in buying one, you should take a look at the Bluetooth speaker deals that we’ve rounded up below, including our top picks for the value that you can get from them. Some features that you can look for include extreme portability, waterproof design, long battery life, and powerful sound, though you should be willing to pay more if you want all of them from your Bluetooth speaker. Fortunately you can get some savings with these discounts we’ve found, but time may…